The New Delhi-headquartered power trading company has signed a Memorandum of Understanding with the South Korean power plant maintenance specialist to acquire and revive stressed assets in the power sector.
Manufacturers and integrators of solar-based drinking water kiosks, solar trees, solar street lighting systems, and e-rickshaw charging infrastructure can submit their interest by August 29.
Covid-19 hits to demand and bill payment collection have worsened the plight of the nation’s already debt-crippled power distribution companies, prompting the government to order an exceptional relaxation of lending limits.
Some 1 GW of utility scale project capacity was added to the end of June.
There is a need to innovate and pay attention to micro, small and medium enterprises (MSMEs), SMEs, and residential society consumers to activate the next leg of growth in the rooftop solar market.
Waaree solar panels installed on all four facades of CtrlS datacenter facility in Mumbai cover over 50,000 square feet of facade area and generate about 1 MW of power.
Hospitality major IHC has signed a 25-year power purchase agreement with Tata Power arm TP Kirnali Solar, which will allow it to meet up to 60% power requirement of its Mumbai hotels with solar energy.
New large-scale solar installations totaled 120 MW compared to 896 MW in the first quarter of year 2020. Rooftop solar addition fell to 85 MW from 194 MW installed in the previous quarter.
In March, the government said delays in renewable energy plant construction on account of Covid-19-prompted supply chain disruption would be considered a force majeure event.
The Gujarat-based solar developer will use Rs 76 crore to finance a new 20 MW solar project at Bharuch and Rs 31.50 crore to refinance an existing 15 MW plant.
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