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NSEFI Solar News Bulletin 25.06.2021

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Solar Gets Its Big Hitter In India As Reliance Announces Rs 75,000 Cr Investment Plan

After hinting at big plans in the renewable energy sector last year, India’s largest private sector enterprise, Reliance Industries limited, has finally announced its plans. The company’s Chairman, Mukesh Ambani, picked the firm’s 44th Annual General Meeting (AGM) for its shareholders, as usual, to make the big announcements. The key announcements, and their implications for […]Read More

Three-Month Extension Granted to Power Transmission Projects Affected by Covid-19

In an important announcement, the Ministry of Power (MoP) has granted an extension of three months to all interstate transmission projects ...Read More

Regulatory constraints pose headwinds for open access renewable energy projects

Regulatory constraints are posing headwinds for open access-based renewable energy (RE) projects, said ICRA on Thursday.Read More

MSEDCL’s 500 MW Wind Solar Hybrid Tender Oversubscribed by 1 GW

MSEDCL tender to procure 500 MW of wind-solar hybrid power has received a good response from the bidders. It has been oversubscribed by ...Read More

India’s Solar Power Tariffs Rising After Hitting Record Lows in 2020: IEEFA

Solar tariffs are deflationary. Prices have fallen by 75% in seven years in India, and in 2020 solar tariffs hit record lows, writes Vibhuti Garg, Energy Economist and Lead India at Institute for Energy Economics and Financial Analysis (IEEFA). From 2019 to the first quarter of 2020, most of Indiaâ??s newly-auctioned solar projects saw tariffs […]Read More

KELTRON Floats Tender for Solar Modules from Select List of Manufacturers

The Kerala State Electronics Development Corporation Limited (KELTRON) has invited bids for the supply of 1,604 multicrystalline solar ...Read More

U.S. Renewable Firm BrightNight Enters Indian Energy Sector

US-based renewable company BrightNight announced yesterday its entrance into India’s energy market with two key hires located in New Delhi — Sajay KV has joined as India CEO and Naveen Khandelwal has joined as India COO and CFO. Combined, BrightNight’s new India management team members have contributed to the delivery of 10 GW of renewable […]Read More

US Moves To Sanction Chinese Solar Firms, Implications for India

Dynamics in the solar equipment market, dominated by China, just got more complicated with reports of the US Administration of President Joe Biden imposing sanctions against specific companies. That ramps up an already testy relationship when it comes to solar imports from China to the US, where the US under the Trump administration had first […]Read More

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Rio Tinto, Schneider Electric to drive decarbonization via sustainable market ecosystem

Rio Tinto and Schneider Electric have announced that they have signed a memorandum of understanding (MoU) for a first-of-its-kind collaboration to develop a circular and sustainabl...Read More

Foxconn, Gogoro partners for the expansion of battery swapping systems and Smartscooters

Foxconn and Gogoro have announced they had signed a Memorandum of Understanding (MOU) to form a strategic technology and manufacturing partnership. Together, the companies will acc...Read More

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