The Gujarat Electricity Regulatory Commission (GERC) has released the Draft Gujarat Electricity Regulatory Commission (Net Metering Rooftop Solar PV Grid Interactive Systems) (Fourth Amendment) Regulations, 2024. In an effort to improve the integration of higher solar capacities into the grid while maintaining fair cost distribution, the draft introduces specific requirements...
The Gujarat Government has allocated 479 MW of solar projects to multiple developers as part of the Pradhan Mantri Kisan Urja Suraksha Evam Uthan Mahabhiyaan (PM-KUSUM). These projects, tendered for feeder-level solarisation under Component C of the PM-KUSUM scheme, are anticipated to be operational by the end of 2024. The...
Waaree Energies Limited has bagged an order for supplying 445 MW of its 540/545 Wp dual-glass bifacial modules to Statkraft for single-location photovoltaic projects in Bikaner, Rajasthan. The modules are set to be delivered between May 2024 and August 2024. Recently, in May 2024, Waaree Energies Limited partnered with Ecofy,...
SEG Solar, and Kawasan Industri Terpadu Batang (Grand Batang City) have finalised a Land Utilisation Agreement for the development and operation of a photovoltaic industrial park in the Batang Regency, Java, Indonesia. The park is anticipated to include factories for the production and assembly of silicon ingots, wafers, cells,...
Mumbai : Avaada Energy is pleased to announce that it has achieved a historic milestone by winning the single largest bid of 1050 MWp capacity of solar project in a recent tender issued by the Renewable Energy Implementing Agency (REIA) National Thermal Power Corporation (NTPC). This achievement underlines Avaada's...
Enfinity Global Inc. has signed $135 million in financing for the development and construction of 1.2 GW of solar and wind projects in India. The financing is being provided by Canada Pension Plan Investment Board (CPP Investments) through subsidiaries of CPPIB Credit Investments Inc.  The projects in this portfolio...
The Ministry of New and Renewable Energy (MNRE) has issued an important clarification regarding the Approved Models and Manufacturers of Solar Photovoltaic Modules (Requirements for Compulsory Registration) Order, 2019. According to the official memorandum dated May 20, 2024, the order will apply to projects where the final bid submission...
Results for NTPC Renewable Energy Limited’s (NTPC REL) auction for provisioning of crystalline solar bifacial modules of capacity 1.58 GW, including atleast 540 Wp wattage output for 1,255 MW projects have been announced. The projects will be located at Khavda solar park in the Kutch district of Gujarat. The...
The Ministry of New & Renewable Energy (MNRE) has declared a change in policy concerning the authorisation procedures for solar park infrastructure development and the charges for operations and maintenance. The objective of this policy change is to simplify procedures and accelerate the establishment of solar and renewable energy...
KPI Green Energy Limited’s board has approved a proposal to raise up to Rs 10 billion through issuance of shares via qualified institutional placement (QIP). The board has approved the raising of funds through the issuance of equity shares or any other equity-linked securities or other securities convertible into or...