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NSEFI Solar News Bulletin 09.08.2021

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ReNew Power signs PPA for 400 MW round-the-clock supply

The Indian developer will build a 1,300 MW hybrid renewable energy capacity (900 MW wind plus 400 MW solar) supplemented with storage to ensure a round-the-clock supply. The project cost is estimated at approximately US$ 1.2 billion.Read More

Premier Energies to Make Half-Cut and Bifacial Modules at its New Facility

The company will also produce mono PERC and multi-crystalline solar cells at the unitDomestic solar module manufacturers are slowly ...Read More

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Either consumer or taxpayer has to pay for power: Minister R K Singh

Power minister R K Singh believes there are no free lunches. In an interview, he tells TOI that state governments need to pay subsidies upfront if they promise free electricity to voters. In any case, this eats up allocation that would have gone to build hospitals and roads, he says, while maintaining that reforms undertaken in recent years will help clean up the sector.Read More

Will RBI joining NGFS help in climate finance?

The months of May, June and July gave a fierce glimpse of the natural disasters - cyclones on east and west coast, excess rainfall, floods and cloudbursts - that reigned havoc in India and are set to increase in frequency and intensity in years to come.Read More

South Delhi Municipal Corporation plans solar panels at schools

The civic body claims it will generate a revenue of around Rs 9 crore annually with the 13-megawatt solar panels, in addition to eliminating the electricity cost at the selected buildings.Read More

REC Limited Loans 9.51 billion to Renewable Energy Sector in Q1 FY 2022, Up 55% QoQ

REC Limited has announced the financial results for the first quarter (Q1) of the financial year (FY) 2022. REC is an infrastructure ...Read More

Bids Invited for 224 MW of Grid-Connected Solar Projects in Gujarat

The Gujarat State Electricity Corporation Limited (GSECL) has invited bids for the design, engineering, supply, installation, and commissioning of 224 MWRead More

What India's Renewables Transition Must Ensure For 21 Mn Displaced Workers

A new study estimates that over 21 million Indians who depend on the fossil fuel economy for their livelihood will be impacted by the country's transition to clean energy sources over the next 20-30 years.Read More

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