Indian Oil Tenders for 350 KW Solar PV Project in Haryana

State-owned energy major Indian Oil Corporation Ltd (IOCL) has floated a tender inviting bids from eligible bidders for setting up of 350 KWp captive solar photovoltaic (PV) project on Lump-sum turn-key (LSTK) basis at its LPG Bottling Plant in Gurugram, Haryana. The earnest money deposited (EMD) for the tender is fixed at Rs 1,61,400.

Renewable energy / Solar PV | 03/08/2020 | By Manu Tayal

Now Consumers in Chattisgarh Can Get 1kW Solar Rooftop System in Rs 24,000

This was after Chattisgarh State Renewable Energy Development Agency (CREDA) discovered Rs 40,000 per kW rate for capacity range between 1 kW to 10 kW, in response to a tender floated for the empanelment of System Integrators (SIs) for installation of grid connected rooftop solar photovoltaic (GRPV) system under phase II of MNRE program.

Policies & Regulations | 30/07/2020 | By Manu Tayal

Cumulative RE Capacity Estimated at 120-125 GW by December 2022, Aided by Utility Solar & Wind

Nonetheless, the overall medium to long term investment outlook for the renewable energy sector remains strong supported by highly competitive tariffs, policy support and new schemes such as peak supply, round-the-clock supply, and RE plus thermal blending, which mitigates the risk of intermittent RE supply to some extent

Business | 29/07/2020 | By News Bureau

Government Considers Withdrawal of Customs Duty Concession for Wind Turbine Parts

“MNRE has examined which components are entering India and from where. Several rounds of discussions have been going on. It realized that most of the components are coming from China because it’s cost-competitive,” said sources

Policies & Regulations | 29/07/2020 | By News Bureau

NTPC Floats Tender to Acquire Operational Solar Projects worth 1 GW

Besides, NTPC, formerly known as National Thermal Power Corporation, is having a long-term plan of capacity building through renewable energy sources by over 32 GW till 2032, which comprises of nearly 25 percent of its overall power generation capacity

Renewable energy / Solar PV | 24/07/2020 | By Manu Tayal

Ayana Renewable Acquires 40 MW of Solar Assets in Karnataka from First Solar

Shivanand Nimbargi, MD and CEO of Ayana, commented: “This is the first step in Ayana’s long journey of acquiring high-quality operating renewable assets. With US$ 330Mn committed equity, Ayana will continue to pursue similar opportunities for acquisition and focus on inorganic growth.”

Renewable energy / Solar PV | 04/08/2020 | By News Bureau

Clifford Chance Advises on Bangladesh's Largest Independent Gas-Fired Power Generation Project

It is the first time that a Japanese sponsor has taken a leading role in the development of a Bangladeshi power project and the first time for JBIC and NEXI to provide project financing in Bangladesh

Business | 04/08/2020 | By News Bureau

NTPC Group Achieves 13.3% Growth in Gross Generation in July

With a total installed capacity of 62910 MW, NTPC Group has 70 Power stations comprising of 24 Coal, 7 combined cycle Gas/Liquid Fuel, 1 Hydro, 13 Renewables along with 25 Subsidiary & JV Power Stations

Business | 04/08/2020 | By News Bureau

Oscilla Power Gets $200k Grant to Develop Technology to Recharge Underwater Vehicles

Oscilla Power, a company working on ocean wave energy, said that it has received a grant of USD 2,00,000 from the United States Department of Energy (US DOE) to further develop technology that enable autonomous underwater vehicles (AUVs) to recharge themselves using ocean waves.

Renewable energy / Ocean Energy | 04/08/2020 | By Manu Tayal

Suntech Kicks-off Module Production at its New 1.5 GW Facility in China

Solar panel maker Suntech has commenced the production at its new 1.5 GW high-efficiency module manufacturing facility in Wuxi, China. This new facility, which covers an area of 150,000 square meters, has been set up by the company with an aggregate investment of 490 million RMB.

Solar manufacturing | 04/08/2020 | By Manu Tayal

Shanghai Electric Secures EPC Contract from ACWA for 900 MW Solar Park in Dubai

Shanghai Electric Group, power generator and electrical equipment maker, has bagged an Engineering, Procurement and Construction (EPC) contract from Saudi Arabia’s ACWA Power under phase-V of the 900 MW Mohammed Bin Rashid Al Maktoum Solar Park in Dubai.

Other Energy Applications / Sustainable Building | 04/08/2020 | By Manu Tayal

AEP Energy Partners Eyes Off-Take Proposals for Solar, Wind Energy in PJM

AEP Energy Partners (AEPEP) is seeking proposals for off-take from new solar and new or repowered wind facilities located in PJM. It is looking for renewable energy purchase agreements of 10, 12 or 15 years for facilities that begin operation between 2020 and 2023. Therefore, interested bidders must submit their bids to the company by August 13, 2020.

Other Energy Applications / Sustainable Building | 04/08/2020 | By Manu Tayal

KEC International Bags Rs 1,192 Cr New Orders Across Biz Verticals

Despite global uncertainties, KEC International Ltd, an RPG Group Company, has secured new orders worth Rs 1,192 crore across its various business segments including transmission & distribution (T&D), urban infrastructure, civil and cables.

Business | 04/08/2020 | By Manu Tayal

APTEL Postpones REC Trading by 4 Weeks on Industry Associations’ Appeal

The Appellate Tribunal for Electricity (APTEL) postponed trading of renewable energy certificates (REC) scheduled on July 29, by four weeks in 3 separate appeals filed by Green Energy Association, IWPA (Indian Wind Power Association) and Techno Electric and Engineering Company Ltd against the CERC order issued on fixing REC floor and forbearance price.

Investment & Trading | 03/08/2020 | By Manu Tayal

ArcVera, VIM Energy Partners Turnkey Solar and Wind Resource Assessment in Latin America

With this partnership, the companies will be able to provide clients in Latin America with turnkey solar and wind measurement field campaigns, energy assessments, and independent engineering advisory in the region

Business | 03/08/2020 | By News Bureau

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