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Engie Reports Progress On More Than 600 Megawatts Of Solar & Wind In India, Eyes Stake Sale
French energy utility Engie announced major progress in India regarding its renewable energy business in India this month. The company has seen rapid growth in the highly competitive wind and solar power markets in India. Solairedirect, a subsidiary of Engie…
India Relaxes Terms For Federal Wind Energy Auctions
The Solar Energy Corporation of India has modified some requirements for the fourth federal-level wind energy auction. The modifications are likely to be welcomed by project developers, as participation has been made easier and penalties have been reduced slightly. First,…
1 Gigawatt Solar Power Tender Planned In India’s Maharashtra State
India’s largest state, in terms of power consumption, is set to float its first major solar power tender this year. Despite its huge appetite for electricity, the state of Maharashtra has lagged between other Indian states to set up large-scale…
Wind Energy Tariffs In India Fall 30% In 10 Months
Within 10 months of introducing competitive auctions in the wind energy sector, India has witnessed a sharp correction in tariff bids by project developers. The major reason for this sharp correction is the virtual ban on allocation of wind energy…
India’s Recent 500 Megawatt Rooftop Solar Auction Sees Lowest Bid Of 3.4¢/kWh
India has auctioned the largest capacity of rooftop solar power projects in history and the results are extremely promising and could provide a much-needed boost to the rooftop solar power market. The Solar Energy Corporation of India (SECI) recently announced…
Indian Wind Tender 3X Oversubscribed, New Record Low Tariff Expected
The Solar Energy Corporation of India (SECI), responsible for conducting wind energy auctions in India, has seen a tremendous response to the latest 1 gigawatt tender. According to media reports, project developers have placed bids to set up a total…
Solar Energy Corp Of India Launches Two Tenders For 750 Megawatts Of Solar
Following the massive success of two recent auctions at the Bhadla solar power park in the state of Rajasthan, the Solar Energy Corporation of India has announced two new tenders for the expansion of the solar park. Solar Energy Corporation…