Early coal plant retirement first hurdle in reducing discom debt
The Indian power distribution sector needs bold policy choices such as the closure of old, inefficient coal-based power plants to improve its financial viability. Early retirement of expensive coal power contracts will result in significant savings for the states as they can contract cleaner, cheaper renewable power.
KFW offers Rs 600-crore loan for 125 MW Bengal solar park
The cash injection—for a 15-year term at 0.15% interest—will cover 80% of the overall solar project cost of Rs 750 crore.
BHEL seeks containerized PCUs for 20 MW NTPC solar plant in Gujarat
The scope of work for the successful bidder includes supply, installation, and commissioning of the supplied units at the project site. Bidding closes on August 17.
Karnataka opens tender for rooftop solar in Belagavi
Developers have until August 29 to submit bids for the installation of grid-connected rooftop solar plants on selected government buildings of Belagavi Smart City.
IoT startup Probus raises seed funding for smart grid platform
The startup—which has developed an Internet of Things (IoT) based service for power grid monitoring and automation—will use the amount to strengthen the software platform and expand the scale to different geographies.
Ayana Renewable acquires 40 MW PV projects from First Solar
This marks the first such acquisition for the Bengaluru-based developer as it looks to acquire high-quality operating renewable assets to ensure a balanced risk portfolio.
SunSource Energy commissions a 6 MW rooftop solar plant in Rajasthan
The project—based on Resco model—is developed for the Bhilwara industrial site of a textile company. It is spread across five rooftops covering 21,00,000 square feet and uses 20,000 solar modules of different types.
Value of PV imports tanked 83% in second quarter
Mercom India Research has said the quarterly value of solar cell and module imports was down 83% in the second quarter of the year, compared to the same period of 2019, to sit 54% lower than the value recorded in the January-to-March window.
IIT researchers consider fate of end-of-life solar modules
Scientists at the Indian Institute of Technology in New Delhi have taken a close look at the potential impact of growing volumes of PV waste and conducted surveys which suggest a lot more work is needed from manufacturers and policymakers to develop management systems for end-of-life PV products.
REIL opens tender for 6500 quantities of 325Wp solar modules
Bids are invited from Indian manufacturers to supply 72-cell, 325Wp polycrystalline solar modules made using domestically manufactured cells. August 20 is the last date to lodge the interest.
