Amplus Solar, a leading distributed solar energy firm, on Tuesday said it has acquired 17 on-site operational rooftop solar projects from Sterling and Wilson with a total capacity of 7.2 megawatt (MW). According to the press release, the projects are spread over Haryana, Punjab, Madhya Pradesh, Rajasthan, Maharashtra, Telangana and Karnataka. “The addition of these […]
Category: Power
Power
Rajasthan: Banks’ refusal to fund hits solar scheme for farmers
Centre’s Kusum scheme aimed at helping farmers with extra income from their barren and semi-fertile land through solar projects is facing hurdles from banks who are reluctant to finance the units. Out of the 170 farmers who have signed agreements with discoms to set up solar plants, only around 15 have started working on the […]
Power tariffs rise for consumers in Ahmedabad, Gandhinagar
Torrent Power Limited (TPL)’s consumers having electricity consumption of more than 50 units in Ahmedabad and Gandhinagar will have to pay more for the electricity they consume during 2021-22. There will, however, be no increase in tariff for consumers of the state-run Uttar Gujarat Vij Company Limited (UGVCL). Gujarat Electricity Regulatory Commission (GERC) has approved […]
Niti Aayog launches India Energy Dashboards Version 2.0 focused on data
With an aim to provide single-window access to the energy data for the country, government think tank Niti Aayog on Monday launched India Energy Dashboards (IED) Version 2.0, according to an official statement. While launching the IED, Niti Aayog Vice Chairman Rajiv Kumar said that it is an endeavour to establish a central energy database […]
Adani Green Energy commissions 50 MW solar power plant at Chitrakoot, U.P.
Adani Solar Energy Chitrakoot One (ASECOL), a subsidiary of Adani Green Energy, commissioned 50 MW solar power plant in Chitrakoot, Uttar Pradesh. The plant has a 25 Years Power Purchase Agreement (PPA) with the Uttar Pradesh Power Corporation (UPPCL) at Rs. 3.07/kwh. This commissioning takes AGEL’s total operational renewable capacity to 3,520 MW, a step […]
EPC company JMC Projects bags new orders worth Rs 1,262 cr
Kalpataru Power Transmission arm JMC Projects has won new orders worth Rs 1,262 crore. “Kalpataru Power Transmission Projects arm JMC Projects, a civil engineering and EPC company has secured new orders of Rs 1,262 crore (received orders of Rs 431 crore in March 2021 and Rs 831 crore in month of April 2021 till date),” […]
Siemens ties up with Hinduja Group for EV charging infrastructure
Siemens Limited and the Hinduja group’s Switch Mobility Automotive Limited have signed a Memorandum of Understanding (MoU) to play in the electric commercial vehicles segment. Siemens also said Siemens Financial Services (SFS), the financing arm of Siemens AG, would consider a minority investment in OHM Global Mobility Private Limited, another Hinduja group company. While Switch […]
Saudi Arabia signs agreements for seven new solar projects -SPA
Saudi Arabia has signed power purchase agreements with seven new solar projects that will provide electricity more than 600,000 households, state news agency SPA quoted Crown Prince Mohammed bin Salman as saying on Thursday. The new projects, in addition to the new Sakaka solar and the Dumat al-Jandal wind projects, will have a more than […]
RERC to change rooftop solar power guidelines if central govt does
Rajasthan Electricity Regulatory Commission (RERC) on Thursday said that the new net metering norms for rooftop will be effective from July 1, 2021. But it said that the rules will change if the Centre amends them. The Ministry of Power in its Electricity (Rights to Consumers) Rules, 2020 had said that load capacity of above […]
Spain’s Opdenergy to raise 400 mln euros in Madrid IPO
Spanish renewable energy company Opdenergy said on Thursday it will seek to raise 400 million euros ($474.80 million) in an initial public offering on the Madrid stock market to finance new solar and wind power projects. Rising demand for environmentally-friendly investments has prompted a series of IPOs in Spain as rivals, including heavyweights Acciona and […]
JERC turns down UT’s plea on implementing Resco model for solar power plants
The Joint Electricity Regulatory Commission (JERC) has turned down the UT administration’s plea of implementing the Renewable Energy Service Company (RESCO) model for solar plants installation in the city. After JERC’s decision, the UT administration has now decided to file a review petition before the power regulatory body. The Chandigarh Renewable Energy and Science and […]
Tata Power gains after solar unit expands manufacturing capacity
Tata Power added 0.76% to Rs 105.45 after the company said its subsidiary Tata Power Solar has doubled its manufacturing capacity of cells and modules to 1,100 MW. Tata Power Solar Systems, a wholly-owned subsidiary of Tata Power, announced a significant expansion of its manufacturing facility in Bengaluru, taking the total production capacity of cells […]