Monthly Archives: April 2018

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One-thousand-MW solar power plan fails to take off, tender re-issued after poor response

  THE STATE government’s plan to switch from coal-based thermal energy to renewable energy is yet to take off. A tender for the purchase of 1,000 MW of solar power was reissued earlier this month after it failed to get responses in the first round last December. The Maharashtra State Electricity Distribution Company (MSEDCL) had on [...]

By | 2018-04-30T11:46:37+00:00 April 30th, 2018|News|Comments Off on One-thousand-MW solar power plan fails to take off, tender re-issued after poor response

Govt to procure 2500 MW power without PPAs

PFC Consulting Limited is in process of inviting the bids in the first week of May The Government has kicked off a pilot scheme to procure 2500 MW power for 3 years under medium-term agreements. A PFC statement said that this power will be procured from generators with commissioned projects but without Power Purchase Agreements [...]

By | 2018-04-30T10:23:21+00:00 April 30th, 2018|News|Comments Off on Govt to procure 2500 MW power without PPAs

Renewable power developers headed for transmission woes

  Renewable energy developers are worried that transmission facilities are not keeping pace with power generation even as 12,000 MW of solar projects under construction and another 7,000 MW of wind projects have been bid out since wind auctions began in February 2017. Developers expressed fear that completed projects might not be able to start functioning because all ‘bays’ [...]

By | 2018-04-30T08:59:16+00:00 April 30th, 2018|News|Comments Off on Renewable power developers headed for transmission woes

State Bank of India plans recast of stressed power assets

  State Bank of India (SBI) is preparing a major debt restructuring and takeover plan for stressed power assets, to improve valuations and attract new owners with incentives and a quick resolution process. The country’s largest lender has called all power plant lenders in Mumbai on Wednesday for discussing a proposal that has a direct bearing on loans adding up [...]

By | 2018-04-30T07:49:44+00:00 April 30th, 2018|News|Comments Off on State Bank of India plans recast of stressed power assets

Corporate funding in solar sector declines 65% to USD 2 bn in Q1 2018: Report

New Delhi, Apr 29 () The global solar sector witnessed total corporate funding of USD 2 billion in the first three months of 2018, a decline of 65 percent over the previous quarter, as per a report by clean energy consulting firm Mercom Capital Group. Total corporate funding, including venture capital funding, public market and [...]

By | 2018-04-30T03:25:54+00:00 April 30th, 2018|News|Comments Off on Corporate funding in solar sector declines 65% to USD 2 bn in Q1 2018: Report

Electricity reached all Indian villages on Saturday

All Indian villages now have access to electricity. The last village to be brought on the national power grid was Leisang village in the Senapati district of Manipur at 5.30pm today New Delhi: All Indian villages now have access to electricity. The last village to be brought on the national power grid was Leisang village in [...]

By | 2018-04-30T03:17:36+00:00 April 30th, 2018|News|Comments Off on Electricity reached all Indian villages on Saturday

Government set to seek 20 gigawatt solar bids

NEW DELHI: The government is ready with tenders for an addition of 20 gigawatts (20,000 megawatts) solar power, with the successful bidder mandated to have a production facility to manufacture nearly half the equipment requirement. The generation capacity is proposed to be added over the next three years and is one of the most ambitious programmes [...]

By | 2018-04-30T03:10:28+00:00 April 30th, 2018|News|Comments Off on Government set to seek 20 gigawatt solar bids

Scientists find new way to produce hydrogen fuel from sunlight

A new research, led by Govinder Singh Pawar -- an Indian origin scientist at the University of Exeter in the UK -- has given a ray of hope for the solar fuel. Bengaluru: The energy provided by sunlight in an hour is equivalent to mankind's total energy consumption for one year, but the development of devices to [...]

By | 2018-04-29T06:17:33+00:00 April 29th, 2018|News|Comments Off on Scientists find new way to produce hydrogen fuel from sunlight

China solar power growth to slow this year: official

SHANGHAI,  (Reuters) - Demand for new solar capacity is expected to slow this year from the record growth achieved in 2017, putting manufacturers under mounting pressure at a time when government subsidies are in decline, an industry official said on Friday. Wang Bohua, the vice-chairman of the China Photovoltaic Industry Association, told a sector conference [...]

By | 2018-04-29T06:00:47+00:00 April 29th, 2018|News|Comments Off on China solar power growth to slow this year: official

solar panels First Solar to build new U.S. panel factory in win for Trump policies

New Delhi: First Solar Inc announced it will expand its domestic manufacturing, the second such announcement by a U.S. solar firm this month that has been an apparent knock-on effect from Trump policies on trade and taxes. First Solar Inc will spend $400 million to build a new solar panel factory in Ohio, creating 500 jobs, the [...]

By | 2018-04-27T08:17:03+00:00 April 27th, 2018|News|Comments Off on solar panels First Solar to build new U.S. panel factory in win for Trump policies
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