One of India’s leading solar power project developers – Azure Power – managed to raise $500 million through bond sale to overseas investors. The proceeds from the bond sale will be used to purchase rupee-denominated debentures and loans of subsidiaries Read more…
Author: saurabh
India’s first attempt to include battery-based storage with utility-scale solar power projects has failed. Solar Energy Corporation of India recently announced that it had to cancel two solar+storage auctions. SECI believed that tariff bids for these projects could not have Read more…
Delay in payments from utilities, non-compliance with renewable energy procurement targets and non-availability of transmission infrastructure for power injection are some of the major issues Indian renewable energy developers are facing. These must be addressed on an urgent basis if Read more…
15 project developers on the verge of commissioning their utility-scale solar power projects in the Indian state of Uttar Pradesh recently received a shock when the state’s regulator asked them to reduce the tariff for their projects. Competitive auctions held Read more…
Solar power market in India seems to have expanded at such an astounding pace that now states are unwilling to accept more solar power market, such a case has propped up in the state of Andhra Pradesh. According to media Read more…
Amidst continued border issues, China has warned India against levying any anti-dumping duties on solar modules. Chinese officials warned India against the use ‘trade remedies’ less than a week after India’s Directorate General of Anti-Dumping and Allied Duties announced that Read more…
Indian government’s think tank has proposed in the National Energy Policy to withdraw all incentives available to the renewable energy sector to be withdrawn gradually with none available from 2022. According to media reports, quoting senior government officials, market forces Read more…
India has auctioned the largest capacity of rooftop solar power projects in history and the results are extremely promising and could provide a much-needed boost to the rooftop solar power market. The Solar Energy Corporation of India (SECI) recently announced Read more…
While the central government and most states in India are looking to promote, even obligate, the use of rooftop solar power projects, one state is looking to reduce tariffs for rooftop solar power systems and even impose tax on revenue Read more…
Increased hydro power generation and a newly commissioned solar power project has reduced the overall cost of electricity in El Salvador, the power regulator of the country – Siget recently stated. Siget recently announced that the electricity tariff for the Read more…
India’s second largest steel maker Tata Steel recently commissioned the country’s first solar power project at an iron ore mine. Tata Steel has commissioned a 3 megawatt solar power project at an iron ore mine in the state of Jharkhand. Read more…
As India and China face-off at the troubled international boundary around Tibet, India has opened anti-dumping investigations against Chinese solar module imports. Along with Chinese modules, those imported from Taiwan and Malaysia will also be covered under this investigation. The Read more…
Solar Energy Corporation of India (SECI) responsible to conduct wind energy auctions in India has seen tremendous response to the latest 1 gigawatt tender. According to media reports, project developers have placed bids to set up a total of 2,898 Read more…
Indian media outlets have reported new development on the market buzz that Equis Energy, a renewable energy IPP in India, is looking to sell its assets. Business daily Mint has reported that French utility Engie may be looking to acquire Read more…