NTPC Limited has declared the results of recent auction for 1,000 MW of inter-state transmission system-connected wind-solar hybrid power projects under Tranche VI. Juniper Green Energy, JSW Neo Energy (JSW Energy), TEQ Green Power (O2 Power), Adyant Enersol (Datta Infra), and Avaada Energy have emerged as winners. Juniper Green Energy...
The Jammu and Kashmir (J&K) administration has approved a Rs 4 billion project to install grid-tied rooftop solar power systems on all government buildings in the union territory. The administrative council has sanctioned the solarisation of these buildings with an aggregate capacity of 70 MW in capital expenditure  mode and...
Gensol Engineering Limited received a Notification of Award for engineering, procurement and construction (EPC) for the solar plant in Khavda renewable energy power park in Gujarat. The solar pant will be constructed at an investment of Rs 4.63 billion.  They will also be responsible for erection, testing and commissioning...
Washington DC – A review by the SUN DAY Campaign of data newly released by the U.S. Energy Information Administration (EIA) confirms that solar’s decade-long streak as the nation’s fastest growing source of electricity continues uninterrupted. Key Year-to-Date (YTD) Trends for Solar: In its latest monthly "Electric Power Monthly" report (with data...
The Rajasthan Electricity Regulatory Commission (RERC) has sanctioned Rajasthan Urja Vikas & IT Service (RUVITL) to procure 1,000 MW of solar power from seven different developers. RUVITL signed power purchase agreements with the chosen developers between February and March 2024 for a duration of 25 years. The decision, designed to...
The Rajasthan Electricity Regulatory Commission (RERC) has sanctioned Rajasthan Urja Vikas & IT Service (RUVITL) to procure 1,000 MW of solar power from seven different developers. RUVITL signed power purchase agreements with the chosen developers between February and March 2024 for a duration of 25 years. The decision, designed to...
The Asian Development Bank (ADB) has sanctioned loans worth $240.5 million for financing rooftop solar systems in India. The funding will be allocated to State Bank of India (SBI) and National Bank for Agriculture and Rural Development (NABARD) to provide loans to developers and end-users for the deployment of...
Rayzon Solar have partnered with Hero Future Energies in advancing sustainable energy solutions. The companies are set to launch a 200 MW solar project in Karnataka. This initiative is expected to reduce carbon emissions by an estimated 350,000 to 375,000 tonnes annually. In May 2024, Hero Future Energies and SJVN inked...
The Asian Development Bank (ADB) has approved $240.5 million in loans to finance rooftop solar systems in India that will help the government expand energy access using renewable energy. The financing will support tranches 2 and 3 of the multitranche financing facility solar rooftop investment program approved by ADB in 2016. The...
Jupiter International Limited has raised Rs 3 billion in financing from ValueQuest S.C.A.L.E. PE fund. This capital will be used to enhance Jupiter International’s existing cell production capacity and start module manufacturing operations. This new investment will allow Jupiter International to establish a 1.8 GW solar cell manufacturing facility and...