Page 2 - Solar Projects

SJVN to invest over Rs 1,000 cr in 3 solar projects in UP, says CMD Sharma

Power producer SJVN will invest over Rs 1,000 crore to set up three renewable energy projects in Uttar Pradesh.

NTPC adds additional 42.5MW capacity at Ramagundam floating solar project

Earlier the company had commissioned 17.5 MW (Part-I) and 20 MW (Part-II) of the Ramagundam floating solar project

MNRE approves development of 400MW solar project in Kinnaur by SJVN

SJVN is gearing up for preparation and submission of Detailed Project Report (DPR) at the earliest in accordance with the timelines of the solar park scheme

Solar projects of 107 GW either installed or under implementation: Minister

Solar energy generation projects totalling 107.46 GW are either installed or under various stages of implementation or tendering, Parliament was informed on Tuesday. India had set a target of having 100 GW of solar energy by 2022. "... a total of 107.46 GW solar energy capacity has either been installed or under various stages of implementation or tendering," Power and New & Renewable Energy R K Singh said in a written reply to the Rajya Sabha. The minister informed the House that a total of 46.25 GW of grid connected solar energy capacity has been installed in the country as of October 31, 2021. Further, a total of 36.65 GW capacity is under various stages of implementation and 24.56 GW capacity has been tendered. He also told the House that 7,555.16 MW of renewable energy capacity has been added during the current fiscal till October 31, 2021. India has added renewable energy capacity of 7,866.13 MW in 2020-21 and 9,061.26 MW in 2019-20. In a separate reply to the House, the ..

Solar open access installation rises nearly 7-fold in April-June: Report

Cumulative solar installations in the open-access market have now surpassed 4.5 GW as of June 2021: Report

Tata Motors inks pact with Tata Power for rooftop solar project in Pune

Tata Motors on Tuesday said it has inked a pact with Tata Power to install and operate a 3 MWp rooftop solar project at its passenger vehicle business unit (PVBU) plant in Pune. The automaker said it has signed a solar power purchase agreement with Tata Power. The solar rooftop project is expected to generate nearly 45 lakh KWh per year, reducing carbon emissions by around 3,538 tonnes per year, it added. "After the recent inauguration of India's largest solar carport at our car plant in Pune, this project marks a new milestone in our ongoing efforts to reduce our impact on the planet," Tata Motors Passenger Vehicle Business Unit Vice President - Operations - Rajesh Khatri said in a statement. Energy efficiency is at the core of the company's efforts and reducing GHG emissions and the carbon footprint of products play a vital role, he added. "We will continue to conserve energy in our manufacturing facilities, optimising the consumption of non-renewable fossil fuels, energy ...

ReNew Power commissions 250 MW solar project in Rajasthan's Jaisalmer

ReNew Power on Thursday announced that it has commissioned a 250 MW solar project in Jaisalmer district, Rajasthan.

NTPC REL bags letter of award for 325 MW solar projects in Madhya Pradesh

State-run power giant NTPC on Wednesday said its arm NTPC REL has received a letter of award (LoA) for 325 MW solar projects in Madhya Pradesh from Chief Minister Shivraj Singh Chauhan

NTPC bags 325 MW solar projects at Shajapur Solar Park in Madhya Pradesh

State-owned power giant NTPC on Tuesday said it has bagged solar projects totalling 325 megawatts (MW) at Shajapur Solar Park in Madhya Pradesh.

NTPC gets govt nod to set up country's single largest solar park in Gujarat

The 4,750-megawatt (MW) renewable energy park at Rann of Kutch in Khavada Gujarat will be set up by NTPC

India's solar power efforts an example to world, says Prince Charles

India, whose solar power efforts are an example to the world, has a vital role to play to accelerate the move towards a zero carbon future, Britain's Prince Charles said on Wednesday.

Policy flip flops, discoms hinder progress in solar rooftop projects

According to the industry data, close to 75 per cent of rooftop installations comes from the commercial and industrial segment

Tata Power receives orders to develop 60 MW solar project in Gujarat

Tata Power on Tuesday said it has bagged an order to develop 60 MW (mega watt) solar project for Gujarat Urja Vikas Nigam

Adani Green Energy acquires 75 MW solar capacities from Sterling & Wilson

Adani Green Energy on Friday said it has acquired 100 per cent stake in two special purpose vehicles (SPVs) that own 75 MW operating solar projects in Telangana from Sterling & Wilson. The projects, commissioned in 2017, have long-term power purchase agreements (PPA) with the Southern Power Distribution Company of Telangana. "Adani Green Energy Limited has completed acquisition of 100 per cent of the share capital and all the securities of Surajkiran Solar Technologies Private Limited and Dinkar Technologies Private Limited from Sterling and Wilson Private Limited," it said in a BSE filing. Earlier this week, Adani Green Energy Ltd (AGEL) had signed definitive agreements with Sterling & Wilson, a Shapoorji Pallonji group company, for the acquisition. The enterprise valuation of the two target SPVs is Rs 446 crore, the company had said. With this acquisition, AGEL will increase its operating renewable capacity to 3,470 MW with a total renewable portfolio of 15,240 MW, it had ...

Indian renewable firms underperformed but credit quality intact: Moody's

Moody's said India's renewable energy sector grew by 20% in the last five years

India one of world's top markets for solar energy: Int'l Solar Alliance

India is now one of the world's top markets for solar energy, a new report by the International Solar Alliance (ISA) said

Sterling and Wilson Solar secures Rs 930 crore order in Egypt

Sterling and Wilson Solar on Saturday said it has bagged an order worth Rs 930 crore in Egypt. It has signed an order worth USD 127.5 million (Rs 930 crore) in the Kom Ombo region of Egypt, a statement by Sterling and Wilson said. The order has been received from Saudi Arabia's leading renewable energy company and is scheduled to be commissioned by first quarter of 2022. Sterling and Wilson Solar has already executed five projects of over 322 MWp in Benban Solar Park in Egypt. Company's Director and Global CEO Bikesh Ogra said winning this project is an important milestone and further strengthens the focus in the Middle East and North Africa (MENA) region which has been a key market for Sterling and Wilson. Sterling and Wilson Solar, a Shapoorji Pallonji group company, is a global solar engineering, procurement and construction (EPC) solutions provider. The company also provides operations and maintenance (O&M) services, including for projects constructed by third parties and ...

MUFG Bank achieves green certification for solar farm in India

MUFG Bank has acted as sole green structuring advisor for a $333 million financing deal for SoftBank's latest solar project in India

ReNew Power's $325 mn offshore bond issuance oversubscribed six times

Company executives said this was also the cheapest bond offering by a renewable firm. The bonds were initially priced at 5.875%. When the rate was reduced to 5.375%, investors continued to book

Power major DVC moots 1,776-MW floating solar projects to add capacity

State-owned thermal power major Damodar Valley Corporation (DVC) will focus only on solar projects to add capacity, a top official said. It has already mooted 1776-MW floating solar projects in four of its dams in West Bengal and Jharkhand, the two states that jointly own the corporation along with the Union government. DVC has finalised a 50-MW solar project at Panchet (West Bengal), the tender for which has been floated, he said. "We will execute 1776-MW floating solar plants in the four dams of Maithon, Tilaya, Konar and Panchet. The project will be executed in three phases and the first will be of 50MW," DVC member secretary Prabir Kumar Mukhopadhyay told PTI. He said the company has zeroed in on the L1 bidder for the Panchet project and the work order will be finalised in early October. The feasibility study of the solar projects, which are likely to utilise about 15 per cent of their capacities, was carried out by the Solar Energy Corporation of India. Mukhopa