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Rajasthan Struggles to Harness Solar Potential as Open Access Projects Face Setbacks

In Rajasthan, where the promise of renewable energy seems boundless, hurdles have emerged in the path of progress where a significant capacity of open access solar projects in the pipeline are at a standstill. In the third quarter...

February 20, 2024

Solar

Juniper, Sembcorp, O2 Power Among Winners of SJVN’s 1.5 GW Wind-Solar Auction

Juniper Green Energy, Datta Power Infra, Green Infra Wind Energy (Sembcorp), Energizent Power (O2 Power), Green Prairie Energy (EverGreen Power), and Avaada Energy were declared winners in SJVN’s auction to develop 1.5 GW Inter-St...

February 20, 2024

Markets & Policy

MNRE Issues Clarification on Residential Rooftop Solar Subsidy

Residential rooftop solar applications submitted before February 13, 2024, will not be applicable for central financial assistance (CFA) under the new PM Surya Ghar: Muft Bijli Yojana, the Ministry of New and Renewable Energy (MNR...

February 20, 2024

Markets & Policy

CERC to Run Market Coupling Shadow Pilot on Power Exchanges

The Central Electricity Regulatory Commission (CERC) has authorized a shadow pilot on power systems and cost optimization through a market coupling of various segments of all three energy exchanges – Indian Energy Exchange, Power ...

February 20, 2024

Latest News

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GUVNL Floats Tender to Procure 500 MW Wind-Solar Hybrid Power

The Gujarat Urja Vikas Nigam (GUVNL) has invited bids for the purchase of power from 500 MW grid-connected wind-solar hybrid renewable energy projects with the possibility of expanding the capacity by an additional 500 MW through the greenshoe...

February 21, 2024

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Gujarat Invites Bids for EPC of 75 MW Solar Project

Gujarat Industries Power Company (GIPCL) has invited bids for engineering, procurement, construction (EPC), and operations and maintenance (O&M) for three years of a 75 MW grid-connected solar project near its Surat Lignite Power Plant. The last...

February 21, 2024

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ReNew Narrows Q3 Net Loss on Higher Tariffs and Lower Module Prices

Independent renewable power producer ReNew Energy narrowed its net loss by 19% to ₹3.2 billion (~$39 million) in the third quarter (Q3) of the financial year (FY) 2024 from ₹4 billion (~$48 million) last year, helped by higher tariffs and lower...

February 21, 2024

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Gujarat Tenders EPC Package with Land for 500 MW Solar Projects

Gujarat Industries Power Company (GIPCL) has invited bids for the engineering, procurement, and construction (EPC) package with land for up to 500 MW of solar power projects anywhere in the state. The scope of work includes identification,...

February 21, 2024

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NTPC Invites Bids from Financial Advisors for 50 MW Solar Project in Sri Lanka

NTPC has invited bids for the appointment of a financial advisor for a 50 MW solar power project in Sampur, Sri Lanka. Trincomalee Power Company (TPCL), a 50:50 joint venture between NTPC and Ceylon Electricity Board (CEB), Sri Lanka, is developing...

February 21, 2024

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SECI Invites Bids for Supply of 900 MW of Solar Modules

The Solar Energy Corporation of India (SECI) has invited bids for the manufacturing, testing, packing, forwarding, supply, and transportation of 900 MW solar modules made with domestically-manufactured solar cells. The last date for the submission...

February 21, 2024

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Funding and M&A Roundup: Camus Energy Secures Over $25 Million

From: Mercom Capital Group Camus Energy, a grid orchestration platform, secured over $25 million in Series A funding after closing its $10 million extension. The round was co-led by climate firm Congruent Ventures and marketplace investor Wave...

February 21, 2024

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Brazil Imports 17.5 GW of Solar Modules in 2023

Brazil imported 17.5 GW of photovoltaic (PV) modules in 2023, representing a 1.7% decline compared to the previous record year, according to Sao Paulo-based research firm Greener. The slight decline in 2023 import numbers indicates a stabilization...

February 21, 2024

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Daily News Wrap-Up: SJVN’s 1.5 GW Wind-Solar Auction Result

Juniper Green Energy, Datta Power Infra, Green Infra Wind Energy (Sembcorp), Energizent Power (O2 Power), Green Prairie Energy (EverGreen Power), and Avaada Energy were declared winners in SJVN’s auction to develop 1.5 GW Inter-State Transmission...

February 21, 2024

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SOLARCYCLE to Recycle Modules to Manufacture Solar Glass

Solar recycling company SOLARCYCLE announced an investment of $344 million in a solar glass manufacturing facility in Georgia’s Cedartown in the U.S., which will use recycled materials from retired solar panels to manufacture new solar glass. The...

February 21, 2024

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