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SECI invites proposals for 1 GWh of battery energy storage systems

The draft guidelines and the draft tender document inviting bids for setting up standalone battery energy storage systems in India have been uploaded on the SECI site. The final tender document will be issued based on the comments and discussions with the prospective bidders on the draft guidelines and draft tender documents.

India added 1,748 MW of rooftop solar in the year ending June

The annual rooftop solar installation in the twelve months ending June 30, 2021 included 1260 MW from the commercial and industrial sector and 488 MW from the residential segment.

Green lending criteria could improve the performance of power discoms in India 

A new report finds the current credit rating mechanism for power distribution companies in India is highly linked to their operational and financial performance. The report highlights the need to revise discom ratings to reflect their green mandates, decarbonization plans, and tariff implications to resolve the challenges of payables (and receivables).

Technique Solaire completes acquisition of 34 MW solar plant from Jakson

The ground-mounted solar plant, located in the Indian state of Uttar Pradesh, is now the highest capacity PV plant owned by the France-based Technique Solaire group. The plant produces 49,500 MWh of renewable electricity per annum.

67.6 GW of excess coal-fired power capacity can be retired in India

A new report says India has an estimated 29% of the installed fossil fuel capacity in excess of what is required to meet its 2021 peak electricity demand. This 67.6 GW overcapacity, all coming from coal-fired plants, is costing around US$ 2.1 billion (INR 15,780 crore) annually in fixed operating and maintenance costs. 

Danish electrolyzer firm Stiesdal next in Reliance new energy plans 

Reliance New Energy Solar has signed an agreement with Danish firm Stiesdal A/S to develop and manufacture Stiesdal HydroGen electrolyzers for green hydrogen production in India.  

Reliance New Energy Solar to invest $29 million in German wafer manufacturer NexWafe

The Reliance Industries Ltd arm, which plans solar gigafabs in Gujarat, has raised a stake in German wafer manufacturer NexWafe with an investment of EUR 25 million ($29 million). 

MYSUN wins 140 MW of open-access solar projects in Uttar Pradesh

The Delhi-based distributed solar company secured the projects under Uttar Pradesh Power Transmission Corporation Limited’s Open Access solar scheme in the State.

Oorja secures $1 million in seed funding

The decentralized solar solutions provider shall use the amount to scale up its pay-per-use, solar-powered irrigation, milling, and cooling projects for farmers and to expand its operations. 

Tata Power secures 100 MW distributed solar order from EESL

The company’s arm Tata Power Solar has landed the engineering, procurement, and construction work for a cumulative 100 MW of distributed solar capacity in Maharashtra. The awarded capacity includes multiple ground-mounted projects.  

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