Adani acquires Essel’s 205 MW solar assets for Rs1300 crore
The purchased solar portfolio is relatively young with average remaining PPA life of around 22 years.
CleanMax Solar commissions 345.6KW rooftop solar for Hector Beverages
The ‘Paper Boat’ brand of beverages manufacturer will meet 58% of its energy requirement through rooftop solar power at their manufacturing plant in Mysuru.
Karnataka tops MNRE’s new rooftop PV index
Karnataka has snagged the top spot on the Ministry of New and Renewable Energy’s State Rooftop Solar Attractiveness Index.
Avaada Energy to set up 2 GW of open access solar plants in 5 states
Currently, the independent power producer has over 500 MW of open access solar portfolio, with leading IT and manufacturing giants among its client base.
Group captive solar projects on the rise among corporates
With Karnataka withdrawing open access waivers and the policy not replicated elsewhere, corporate buyers are increasingly favouring group captive projects that are exempt from the cross-subsidy surcharge—the largest and most unpredictable component of grid charges for open access power.
Karnataka sets benchmark capital cost for solar
The reference capital cost for developing solar projects in Karnataka has risen this year despite continuing falls in component prices.
Goa’s pioneering EV tourism initiative gathers steam
The success of the e-bike cycling tours – which operate out of recycled shipping container ‘e hubs’ – looks set to be replicated in four more states in short order.
Railway Energy tenders 140 MW hybrid project capacity
Three dual renewable energy generation projects are up for grabs with the state owned railway management company having set a tariff ceiling of Rs2.70/kWh for projects which will be dominated by wind capacity.
Government prepares new payment security mechanism for developers — four months after the last one
Solar Energy Corporation of India was given a Rs 500 crore cash pot to help developers in February, but that clearly wasn’t enough, as a second newly announced scheme underscores just how much financial distress the country’s state power companies are in.
Oriano completes 13.75 MW projects for Cleantech Solar across multiple states
Currently, the Mumbai-based solar EPC firm is executing 134.5 MWp project capacity to be commissioned by September 2019. It expects to surpass cumulative installation of 350 MWp by the end of FY 2019-20.
