Uma Gupta
Austrian company Aerocompact to make solar racking in India
The ‘intelligent’ racking solutions provider has joined hands with Norwegian aluminium producer Hydro Extrusion’s India arm to manufacture PV racking for rooftops. The manufacturing unit—located in Bengaluru—is eyeing at least 20 MW of business from India in the next six months.
Solar plant developers can set up excess capacity: MNRE
The requirement of design and installation of additional DC panels may emanate from the contractual need to supply the committed energy and does not cast any obligation on the procurer to buy generation in excess of the contracted energy range—stated the ministry in its advisory issued recently.
Azure Power to raise US $75 million equity from Canadian investor CDPQ
The investment will increase Caisse de dépôt et placement du Québec’s equity stake in the NYSE-listed solar developer to 49.4% from current 41.4%.
Haryana retenders 57 MW grid-connected solar capacity
Haryana Power Generation Corporation Limited has retendered ground-mounted solar capacity of 57 MW with relaxation in eligibility criteria. The projects—to be set up on build, operate and transfer basis—shall come up at three sites in the state and will be awarded through international competitive bidding. Bidding closes on November 25.
Uttar Pradesh cabinet approves tariffs for 72 MW solar projects
The power produced by NTPC (40 MW) and Sukhbir Agro Energy (32 MW) will be purchased by Uttar Pradesh Power Corporation Limited at tariffs of Rs 3.02/KWh and Rs 3.05/KWh, respectively, for a period of 25 years.
Siemens to impart skills in renewable energy and e-mobility
The ‘Skills for Sustainable Growth’ project will be implemented by Siemens in partnership with India’s Ministry of Skill Development and Entrepreneurship and German development agency GIZ.
CEL seeks pre-bid tie-ups for KUSUM projects in Rajasthan
State-owned module maker Central Electronics Limited will bid for distributed grid connected solar projects in Rajasthan DISCOMs, in tie-up with another party that will carry out the installation work using its panels in case of award of contract.
Tata Power, Rockefeller Foundation partner on microgrids
TP Renewable Microgrid—the joint venture of India’s integrated power company and the US-based impact investor—is said to become the world’s largest microgrid developer and operator with plans to set up 10,000 microgrids by 2026.
EPC provider SunAlpha Energy launches easy EMI finance for rooftop solar
The company aims to enable 1000 homes and businesses with rooftop plants during the initial launch of this scheme that provides EMI options of 12, 18, 24 and 36 months.
Now green urban mobility to get one billion euros boost from Germany
Having extended around two billion euros for clean energy projects, Germany will now support India in improving green urban mobility infrastructure, solutions and services in cities. Furthering its support for clean energy transition, it will also provide concessional loan of 200 million euros for a DISCOM investment facility in India.
