Electricity Tariff Hike Could Nudge Tamil Nadu C&I Entities to Adopt Solar Open Access

Electricity Tariff Hike Could Nudge Tamil Nadu C&I Entities to Adopt Solar Open Access

Commercial and industrial (C&I) consumers in Tamil Nadu are considering switching to solar open access projects under captive and group captive mode as opposed to buying power from the state-owned ...
Amazon Announces Solar Power Purchase Agreements for 420 MW in India

Amazon Announces Solar Power Purchase Agreements for 420 MW in India

Amazon has announced its first set of utility-scale renewable energy projects in India. They comprise three solar projects in Rajasthan with a cumulative capacity of 420 MW. This includes a ...
/ / Solar, Utility Scale
APTEL Allows Carrying Cost Claims of Solar Developers Due to ‘Change in Law’ Events

APTEL Allows Carrying Cost Claims of Solar Developers Due to ‘Change in Law’ Events

The Appellate Tribunal For Electricity (APTEL) has allowed carrying cost pass-through under ‘Change in Law’ to solar developers whose petitions were earlier rejected by the Central Electricity Regulatory Commission (CERC) ...
/ / Markets & Policy, Solar
Terra-Gen Secures $959 Million for a 410 MW Solar and 1.8 GWh Battery Storage Project

Terra-Gen Secures $959 Million for a 410 MW Solar and 1.8 GWh Battery Storage Project

Leading independent renewable energy provider Terra-Gen has completed project financing of $959 million for the second phase of its Edwards Sanborn Solar Storage facility in Kern County, California. The second ...
Funding and M&A Roundup: Fundamental Renewables Secures $400 Million

Funding and M&A Roundup: Fundamental Renewables Secures $400 Million

From: Mercom Capital Group Fundamental Renewables, the clean energy investment arm of Fundamental Advisors, has secured a $400 million credit facility to support its growing investment strategy in solar energy assets. The ...
/ / Finance and M&A, Solar
Project Finance Brief: Terra-Gen Raises $959 Million for Solar Storage Projects

Project Finance Brief: Terra-Gen Raises $959 Million for Solar Storage Projects

From: Mercom Capital Group Terra-Gen, an independent renewable energy provider, raised $959 million in financing for the second phase of its Edwards Sanborn solar storage project in Kern County, California. This phase of ...
/ / Finance and M&A, Solar
Tender Issued for 20 GWh of Solar Power Via Open Access by Tamil Nadu Milk Co-operative

Tender Issued for 20 GWh of Solar Power Via Open Access by Tamil Nadu Milk Co-operative

The Tamil Nadu Cooperative Milk Producers Federation (Aavin) has issued a tender to procure 20 GWh of solar power per year through open access projects for five years. The contracted ...
/ / Solar, Tenders & Auctions
Sprng Energy, Tata, ReNew, O2 Power Winners in RUMSL’s 750 MW Wind-Solar Hybrid Auction

Sprng Energy, Tata, ReNew, O2 Power Winners in RUMSL’s 750 MW Wind-Solar Hybrid Auction

Sprng Ojas, Tata Power Renewable Energy, ReNew Solar Power, and TEQ Green Power IX (O2 Power) were declared winners in Rewa Ultra Mega Solar Limited’s (RUMSL) auction for the development ...
/ / Solar, Tenders & Auctions
RBI Subsidiary Seeks Consultants for Rooftop Solar Systems at Its Facility in West Bengal

RBI Subsidiary Seeks Consultants for Rooftop Solar Systems at Its Facility in West Bengal

Bhartiya Reserve Bank Note Mudran (BRBNMPL), a wholly-owned subsidiary of the Reserve Bank of India (RBI), has invited bids for consultancy services to set up grid-connected rooftop solar systems at ...
/ / Solar, Tenders & Auctions
KKR to Invest $450 Million in Hero Future Energies (1)

KKR and Hero Group to Invest $450 Million in Hero Future Energies

Global investment firm Kohlberg Kravis Roberts (KKR) and the Hero Group signed definitive agreements to invest $450 million in Hero Future Energies (HFE), the renewable energy arm of the Hero ...
EESL Invites Bids for 24 MW Polycrystalline Modules in Maharashtra

EESL Invites Bids for 24 MW of Polycrystalline Modules in Maharashtra

The Energy Efficiency Services Limited (EESL) has issued a notice inviting tender (NIT) from contractors to supply 24 MW of solar polycrystalline  modules (330W and above) for its decentralized grid-connected ...
/ / Solar, Tenders & Auctions
Blupine, Engie, Tata Power, UPC Renewables Winners in GUVNL’s 750 MW Solar Auction

Blupine, Engie, Tata Power, UPC Renewables Winners in GUVNL’s 750 MW Solar Auction

Solarcraft Power India 2 (Blupine Energy), Solairedirect Energy (Engie), Tata Power Renewable Energy, and Utkrrisht Solar Energy (UPC Renewables) are the winners in Gujarat Urja Vikas Nigam’s (GUVNL) auction to ...
/ / Solar, Tenders & Auctions
Ontario Teachers' Pension Fund Acquires 30% Stake in Mahindra Susten, Plans InvIT

Ontario Teachers’ Pension Fund Acquires 30% Stake in Mahindra Susten, Plans InvIT

Global investor Ontario Teachers' Pension Plan will acquire a 30% equity stake in Mahindra Susten, a cleantech arm of Mahindra Group, for an equity value of ₹23.71 billion (~$300 million). The ...
Empanelment Tender Floated for Installation of Grid-Connected and Off-Grid Solar Systems

Empanelment Tender Floated for Installation of Grid-Connected and Off-Grid Solar Systems

ITI Limited, a public sector undertaking under the Department of Telecommunication, has invited bids to empanel a partner for the design, supply, installation, testing, and commissioning of various solar systems ...
/ / Solar, Tenders & Auctions
Daily News Wrap-Up Power Ministry Amends License Rules to Distribute Electricity

Daily News Wrap-Up: Power Ministry Amends License Rules to Distribute Electricity

Here are some noteworthy cleantech announcements of the day from around the world: The Ministry of Power recently amended the Distribution of Electricity License (Additional Requirements of Capital Adequacy, Creditworthiness, ...
/ / Other, Renewable Energy
A Decarbonized Global Energy System by 2050 Could Result in Savings of $12 Trillion

A Decarbonized Global Energy System by 2050 Could Result in Savings of $12 Trillion

Transitioning to a decarbonized energy system by around 2050 will save the world at least $12 trillion compared to continuing our current levels of fossil fuel use, according to a ...
Bids Invited for 5 MW of Rooftop Solar Systems on Government Buildings in Jharkhand

Bids Invited for 5 MW of Rooftop Solar Systems on Government Buildings in Jharkhand

Jharkhand Renewable Energy Development Agency (JREDA) has invited bids to install and commission 5 MW of grid-connected rooftop solar projects of various capacities on government buildings in the state. The ...
/ / Solar, Tenders & Auctions
Odisha Regulator Allows GRIDCO to Purchase 200 MW of Solar Power to Fulfil its RPO

Odisha Regulator Allows GRIDCO to Purchase 200 MW of Solar Power to Fulfil its RPO

The Odisha Electricity Regulatory Commission (OERC) has approved the power sale agreement (PSA) to be executed between the Grid Corporation of Orissa (GRIDCO) and NTPC for 200 MW of inter-state ...
/ / Markets & Policy, Solar
NTPC Invites Bids for 1.1 MW of Rooftop Solar Systems at its Facility in Korba

NTPC Invites Bids for 1.1 MW of Rooftop Solar Systems at its Facility in Korba

NTPC has invited bids to develop 1.1 MW of grid-connected rooftop solar systems on buildings at its facility in Korba, Chhattisgarh. The scope of work includes the supply, erection, testing, ...
/ / Solar, Tenders & Auctions
Daily News Wrap-Up: Tata Power to Set Up Solar Projects Worth ₹12 Billion for SJVN and NHDC

Daily News Wrap-Up: Tata Power to Set Up Solar Projects Worth ₹12 Billion for SJVN and NHDC

Here are some noteworthy cleantech announcements of the day from around the world: Tata Power Solar Systems, a wholly-owned subsidiary of Tata Power Renewable Energy, received the letter of award ...
/ / Other, Renewable Energy
Husk Power Secures $6 Million Debt Facility to Implement Solar Microgrids

Husk Power Secures $6 Million Debt Facility to Implement Solar Microgrids

Husk Power Systems, which operates solar-hybrid microgrids across rural Asia and Africa, has signed a debt facility of $6 million from the EU- funded Electrification Financing Initiative (EDFI ElectriFI). The ...
/ / Grid, Market & Policy
EPC Tender Issued for 60 MW Solar Project in Madhya Pradesh

EPC Tender Issued for 60 MW Solar Project in Madhya Pradesh

Indore Municipal Corporation (IMC) has invited bids to select an engineering, procurement, and construction (EPC) contractor for the design, supply, installation, testing, and commissioning of a 60 MW solar power ...
Daily News Wrap-Up: MNRE Allows Part Commissioning of ISTS Solar Projects in lots of 10 MW

Daily News Wrap-Up: MNRE Allows Part Commissioning of ISTS Solar Projects in lots of 10 MW

Here are some noteworthy cleantech announcements of the day from around the world: The Ministry of New and Renewable Energy (MNRE) recently approved part commissioning of inter-state transmission (ISTS) connected ...
/ / Other, Renewable Energy
Tata Power Signs PPA to Develop a 4 MW Solar Project at Tata Motors Facility in Pune

Tata Power Signs PPA to Develop a 4 MW Solar Project at Tata Motors Facility in Pune

Tata Power entered into a power purchase agreement (PPA) with Tata Motors to develop a 4 MW onsite solar power project at Tata Motors' commercial vehicle manufacturing facility in Pune ...
/ / Markets & Policy, Solar
Bids Invited for 41 MW of Solar Projects at Three GETCO Substations in Gujarat

Bids Invited for 41 MW of Solar Projects at Three GETCO Substations in Gujarat

Gujarat State Electricity Corporation (GSECL) has floated three tenders to set up a total of 41 MW of grid-connected solar power projects at the Gujarat Energy Transmission Corporation (GETCO) substations ...
/ / Solar, Tenders & Auctions