IFC helps to develop world’s largest single site solar project In India

India’s plans to implement ultra mega solar power projects have received a very major boost following a commitment from the International Finance Corporation (IFC), a member World Bank Group, to the Madhya Pradesh Government in order to develop the world’s … Continue reading

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4.8GW utility-scale solar to be installed in 2016

According to the latest market update, nearly 4.8 gigawatts of utility-scale solar capacity will be installed in India, in 2016, up 140% from 2GW in 2015, . Most of the new utility-scale solar projects will be installed in the southern … Continue reading

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500 MW Solar Power Tender Floated by SECI

Yet another tender for a solar plant of 500 megawatt capacity have been floated by Solar Energy Corporation of India as it looks to achieve the highly ambitious targets set by the government of India. The Solar Energy Corporation of … Continue reading

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Andhra Pradesh Solar corp. sanctions 4,000 MW solar parks

Andhra Pradesh Solar Power Corporation Limited has achieved the distinction of sanctioning 4,000 MW of solar power generation parks under the Ministry of New and Renewable Energy. In doing so, it has been chosen as the best government nodal agency … Continue reading

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Coal India to invest in 1000MW Solar power projects

Coal India is planning to sign a pact with SECI to invest Rs. 6,000 crore to develop 1,000 MW of solar power projects over the next five to six years. As a first step, Coal India has prepared a detailed project report … Continue reading

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GEDCOL and SECI plans to develop 1GW solar park

The Indian renewables agency of Green Energy Development Corporation of Odisha Ltd (GEDCOL) is in process of getting all the necessary documents and relevant approvals to setup a 1000 MW solar park in the state of Odisha. To develop the park, … Continue reading

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PTC India signs MoU with SECI

PTC India, the leading power trading solution provider in India, has signed a memorandum of understanding (MoU) with Solar Energy Corporation of India (SECI) for the sale and purchase of power generated from 3,000 MW of solar projects on long-term basis. … Continue reading

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SECI to award 750MW solar capacity in Gujarat, Maharshtra

Solar Energy Corporation of India (SECI) director announced that 500MW and 250MW solar capacity will be up for auction in Maharashtra and Gujarat States of India over the coming weeks. The bids are part of the second phase of the … Continue reading

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MNRE Releases Statewise Targets for Grid Connected Solar Rooftop Systems

Government of India has set a target of installing 40 GW grid connected solar rooftop systems in the country by 2022. And to achieve this target of 40GW by 2022, MNRE has released statewise targets for grid connected solar rooftop systems. … Continue reading

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SECI will be renamed as RECI

Solar Energy Corporation of India (SECI) can now register itself as a Section-3 company to do commercial activities and rename it as Renewable Energy Corporation of India (RECI). This was approved by the Indian government. Apart from solar power, the … Continue reading

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