Latest 1.2 GW of solar capacity awarded at Rs2.54 ahead of safeguarding duty fall
SECI’s 1.2 GW solar auction saw four companies – Ayana Renewable, ReNew Power, Azure Power and Mahindra Susten – secure a combined capacity of 1.15 GW at Rs2.54/kWh. Avaada Energy won the remaining 50 MW, at Rs2.55.
Europe announces plans for battery gigafactories
In news that will add urgency to Indian government efforts to establish a domestic storage industry, funding has apparently been secured for 16 GWh-plus production lines in Sweden and Germany. Is India at risk of being left in the starting blocks?
Plug-in hybrid cars have no longevity – stick to pure electric
A report on the prospects for a mooted $2.6tn electric vehicle market over the next decade says PHEVs – part electric, part gas-guzzling – are already losing market share rapidly to pure electric rivals, and will be extinct by 2030.
Bifacial beats Trump’s tariffs
Federal trade authorities in the U.S. have ruled bifacial solar modules will no longer be subject to the Section 201 ruling which applies a 25% tariff to solar panel imports.
Solar trees find more homes
Solar trees—like the ones at The National Salt Satyagraha Memorial in Gujarat—are set to make their way into the residential complexes of central government employees as the Central Public Works Department (CPWD) looks to harness solar energy to the maximum extent possible.
NTPC tenders 1 GW solar PV projects across India
State-owned power generator NTPC has invited bids for development of 1 GW grid-connected solar PV projects under Central Public Sector Undertaking (CPSU) scheme Phase-II (Tranche-I). The projects are to be set up on turnkey basis under domestic content requirement category, anywhere in India. These will be awarded through domestic competitive bidding followed by reverse auction.
Azure Power turns a profit
The NYSE-listed developer appears to have turned the corner after reporting a full year profit of Rs138,493 after a Rs10 lakh loss a year ago. Borrowings are on the rise though, as the company plans to drum up an ever larger project portfolio.
Power minister seeks removal of priority sector lending limit for renewable energy sector
Easy access to finance topped the agenda of the minister’s meeting with various stakeholders, wherein issues related to land acquisition and Goods and Services Tax (GST) were also discussed.
Visaka Industries installs solar rooftop on pushcarts
The ATUM integrated solar roofing system using 320W panels generates enough electricity to power a light bulb, a fan and a mobile phone.
BHEL wins 135 MW solar EPC projects
Cumulatively valued at Rs 520 crore, the projects include a 50 MW plant for Maharashtra State Power Generation Company Ltd, a 75 MW plant for Gujarat State Electricity Corporation Ltd and a 10 MW plant for Gujarat Narmada Valley Fertilizers & Chemicals Ltd.
