Modi loosens the purse strings to help struggling state utilities
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.
India could add 2.5 GW of big solar in second half
Some 1 GW of utility scale project capacity was added to the end of June.
Financing in rooftop solar
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 power CtrlS data centre
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.
Tata Power to supply solar energy for IHC hotels in Mumbai
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.
India added just 205 MW of solar capacity in second quarter
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.
Under-construction solar projects get a five-month blanket extension for completion
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.
KPI Global gets Rs 107.50-crore PFC loan for 35 MW solar projects
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.
EESL opens tender for 279 MW ground-based solar in Maharashtra
Bids are invited to install solar power generating systems ranging from 2 MW to 10 MW at various locations in Maharashtra. Bidding closes on September 25.
NHDC invites bids for 25 MW floating solar EPC in Madhya Pradesh
Bidders have until August 25 to lodge the interest for design, engineering, procurement, and construction (EPC) work of a 25 MW floating solar plant in Khandwa district.
