Hyderabad-based Freyr commissions solar projects in Manipur

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Freyr Energy, a full service solar provider based in Hyderabad, said, it has completed 640 KW solar rooftop projects in Manipur. This also includes one of the largest and first of its kind off-grid 100 KW battery powered systems in the country located at Manipur’s Central Agricultural University. The company has completed the project within the stipulated […]

World leader to bid aggressively for India’s first ISTS solar projects

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First Solar India, the Indian subsidiary of world’s largest solar panel manufacturer First Solar, plans to participate in India’s first inter-state transmission system (ISTS) bids for projects being invited by Solar Energy Corporation of India (SECI) and National Thermal Power Corporation (NTPC). The ISTS-based bidding is unique in the sense that the developer will have […]

ReNew Power buys Ostro Energy in biggest renewables deal

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Sumant Sinha-led Re-New Power Ventures has finalised the takeover of Ostro Energy for an enterprise value of ₹10,800 crore ($1.66 billion), the biggest M&A deal in the renewables sector, sources close to the deal said. The deal, part of the wave of consolidation in the rapidly-expanding sector, makes ReNew Power the largest renewable energy company in the country with total commissioned and under-construction […]

ISMA Wants Safeguard Duty On Solar Cells Import

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The Indian Solar Manufacturers Association (ISMA) has demanded imposition of safeguard duty on imports of solar cells and modules. The association has written to the Commerce ministry favouring the Directorate General of Safeguards (DGS) recommendation of imposing 70 percent duty on imports of solar photovoltaic cells and modules. The DGS is mandated to investigate the […]

Solar tariffs rise in Gujarat reverse auction

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Winning tariffs in Gujarat’s latest solar reverse auction showed significant increase over those in its last auction in September last year, lending further credence to the view that solar tariffs have bottomed out. The lowest bid in the 500 MW auction conducted by Gujarat Urja Vikas Nigam Ltd (GUVNL) on Wednesday came from Kalthia Engineering […]