Scatec posted an improved first-quarter financial performance, boosted by the completion of new solar projects and the closing of its acquisition of hydropower developer SN Power. The Norway-headquartered independent power producer recorded revenues of NOK1.01 billion (US$121.6 million), up 17% year-on-year, while earnings jumped 83% to NOK 636 million (US$76.6 million). The results were driven […]
CERC Approves Most of the Changes in Bidding Guidelines for 1500 MW of Solar Projects
Petition under Clause 18 of the Guidelines for Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected Solar PV Power Projects (Resolution number 23/27/2017-R&R.) issued by the Ministry of Power, Government of India on 03.08.2017 under section 63 of the Electricity Act, 2003, seeking certain deviations from the Guidelines. Summary i. Payment […]
Ikea Retailer Acquires 49% Stake in Eight Solar Parks in Russia
The investment arm of Ikea’s largest retailer, Ingka Group, is expanding its renewable energy footprint by acquiring a 49% stake in eight solar parks in Russia. The agreement for the parks, with a total book asset value of about 235 million euros ($279 million), has been struck with Solar Systems LLC and is now awaiting […]
ReneSola (SOL) Completes 15.4MW Solar Parks Sale in Romania
ReneSola Ltd SOL recently completed the sale of two ground-mounted solar parks with generating capacity of 15.4 megawatts (MW) in Romania, to Alternus Energy Group for approximately $28 million. The sale proceeds from this transaction are expected to get reflected in ReneSola’s fourth-quarter 2020 results. Romania’s Solar Prospects The solar market in Romania has been […]
RUMS Floats Tender For 1500 MW Solar Parks in Madhya Pradesh
RUMS Floats Tender For 1500 MW Solar Parks in Madhya Pradesh The last date to submit the bids is March 10, 2021 For more information please see below link:
In the matter of: Petition for adoption of tariff for 440.8 MW Wind Power Projects (Tranche-VIII)
In the matter of: Petition under Section 63 of the Electricity Act, 2003 for adoption of tariff for 440.8 MW Wind Power Projects (Tranche-VIII) connected to the Inter-State Transmission System and selected through competitive bidding process as per the Guidelines dated 8.12.2017 For more information please see below link: In the matter of: Petition under […]
Draft Environment Impact Assessment Notification -2020
Draft Environment Impact Assessment Notification -2020 For more information please see below link:
India’s Ultra Mega Solar Parks a $700-bn investment opportunity
The Indian government has set a target to install 175 GW of renewable energy by the financial year 2021-22 (FY22) and 275 GW by FY27 New Delhi: India’s ultra-mega solar parks have attracted foreign capital, top global developers, and provided investors with an opportunity to join a $500-700 billion renewable energy and grid infrastructure investment […]
Solar parks planned in Bundelkhand, Chambal: MP minister
Bhopal: Solar parks will be developed on the barren lands of backward Bundelkhand and dacoit-infested Chambal in Madhya Pradesh, state Minister for Renewable Energy Harsh Yadav said on Tuesday. He said the aim was to make Madhya Pradesh a solar power hub in the country. ‘The land in Bundelkhand is barren due to presence of […]
Case of MSPGCL seeking approval for deviation from Guidelines for Tariff based competitive bidding to undertake the development of 552 MW solar projects through EPC Route
Case of Maharashtra State Power Generation Co. Ltd. seeking approval for deviation from Guidelines for Tariff based competitive bidding to undertake the development of 552 MW solar projects through Engineering Procurement and Construction (EPC) contracting route based on competitive bidding. For more information please see below link: