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Indian Solar Cell, Module Manufacturer CEL Seeks Purchaser (Int'l)
Central Electronics Limited
Date: 2020-02-12
On the sub-continent, the government of India reports it is seeking Expressions of Interest (EoI) for the proposed sale of all shares in solar cell and module manufacturer Central Electronics Limited (CEL). CEL is a government enterprise under the administrative control of the Department of Scientific and Industrial Research (DSIR), Ministry of Science & Technology. The company has 10 MW solar cell capacity and 38 MW capacity for module manufacturing.

As per the EoI document, the winning bidder will be required to lock in its shares for a period of three years during which it cannot undertake the sale of its stake in CEL. The last date for the submission of interest is March 16, 2020. Private or public limited company registered under the Companies Act can participate in the offering. (Source: Indian Department of Scientific and Industrial Research (DSIR), Ministry of Science & Technology, PR, 11 Feb., 2020) Contact: Department of Scientific and Industrial Research (DSIR), Ministry of Science & Technology; www.dst.gov.in; Central Electronics Limited, +91-120-2895155, 2895156, +91-120-2895142, 2895148 - fax, www.celindia.co.in

More Low-Carbon Energy News Central Electronics Limited,  India Solar,  Solar,  


Greenko, Renew Power Win 1200MW Indian Solar-Storage Tender (Int'l)
Greenko Group,Solar Energy Corporation of India
Date: 2020-02-10
Greenko Group with 900 MW and Renew Power with 300 MW are reporting winning the New Delhi-headquartered Solar Energy Corporation of India's (SECI) tender for for 1200 MW, with 600 MW assured storage capacity. The tender includes pumped hydro and battery of about 3000 MW and renewable energy generation capacity.

The Indian Union Power Ministry has mandated at least 21 pct of all energy requirements be from renewable energy sources by 2021-22. (Source: Greenko Group, Hindu Business Line, 2 Feb., 2020) Contact: Solar Energy Corporation of India, corporate@seci.co.in, www.seci.co.in; Greenko Group, Anil Chalamalasetty, CEO, +91 40 40301000, info@greenkogroup.com, www.greenkogroup.com; ReNew Power Limited, Ms. Vaishali Nigam Sinha, Chief Sustainability Officer, www.renewpower.com

More Low-Carbon Energy News Renew Power,  Solar Energy Corporation of India,  Greenko Group,  India Solar,  


Azure Power Commissions 150 MW Indian Solar Project (Int'l Report)
Azure Power
Date: 2019-05-01
In New Delhi, Indian solar power specialist Azure Power reports commissioning of a 150 MW solar power plant in Bhadla solar park in Rajasthan. This section is the first phase of 200 MWs allocated to Azure Power by Solar Energy Corporation of India (SECI), a Government of India enterprise. Azure Power will supply power to SECI under a 25-yera PPA.

With this project commissioned, Azure Power has 1600 MWs of high-quality operational solar assets. In 2015, Azure developed the first-ever SECI solar power plant in the state of Rajasthan, which was also the largest solar power project under India's National Solar Mission at the time of its commissioning. (Source: Azure Power, PR, 30 April, 2019) Contact: Azure Power, Inderpreet Wadhwa, CEO, Samitla Subba, +91-11-4940-9854, pr@azurepower.com, www.azurepower.com

More Low-Carbon Energy News Azure Power,  Solar,  India Solar,  


Solar Powering India's Q1 Renewable Energy Growth (Int'l Report)
India Renewable Energy
Date: 2018-07-18
According to India's Union Ministry of New and Renewable Energy (MNRE), India's total grid connected installed renewable power capacity stood at 71,325 MW (58,303 MW) as of June 30, 2018, The total capacity of wind power stood at 34,293 MW followed by solar power with a total capacity of 23,023 MW (both ground mounted and rooftop). The Biomass (including bagasse and non-bagasse cogeneration) had a total capacity of 9,378 MW. Small hydro and waste-to-power accounted for 4493 MW and 138 MW respectively.

The MNRE has fixed a total capacity addition target of 15,602 MW for 2018-19 (14,550 MW) and solar is expected to be the highest contributor with about 11,000 MW (ground mounted 10,000 MW and rooftop 1,000 MW) of the new capacity, followed by wind (4,000 MW), biomass (350 MW) and small hydro (250 MW). (Source: Union Ministry of New and Renewable Energy, Hindu Business Line, 16 July, 2018) Contact: India Union Ministry of New and Renewable Energy, www.mnre.gov.in

More Low-Carbon Energy News Solar,  India Solar,  Wind,  Renewable Energy India,  


SoftBank Supports $930Mn Indian Solar Initiative (Int'l Funding)
SoftBank,GCL System Integration Technology
Date: 2018-04-06
SoftBank Group Corp reports it will launch a $930 million Indian joint solar PV energy venture with Chinese firm GCL System Integration Technology Co Ltd as part of its India solar investment roadmap.

GCL will provide technology and SoftBank will assist in land acquisition and regulatory approvals for the 4 GW project. SoftBank will hold 60 pct of the venture's shares and GCL will own 40 per cent, according to a Shenzhen stock exchange filing.

Funding for the project will come from SoftBank's Vision Fund with over $93 billion, making it the world's largest private equity fund. (Source: Softbank, Business Standard, 2 April, 2018) Contact: GCL System Integration Technology, en.gcl-power.com/site/integrated; SoftBank Group, www.softbank.jp/en

More Low-Carbon Energy News SoftBank,  Solar,  GCL System Integration Technology,  


Equis Energy Commissions 135MW Indian Solar Project (Int'l.)
Equis Energy, Solar Energy Corporation of India
Date: 2018-04-02
Singapore-headquartered renewable energy developer Equis Energy is reporting commissioning of a 135MW solar farm in Bagalkot District in the Indian state of Karnataka. The project, the company's largest, has a generation output of approximately 224,000MWh per year supplying power to the equivalent of around 200,000 homes.

Equis has 897MW of solar and wind assets under operation, construction and advanced development in India, with 1,330MW of utility-scale solar and wind projects in development and expected to become operational within the next five years. (Source: Equis Energy, PVTech, 29 Mar., 2018) 29 March 2018) Contact: Equis Energy, +65 6950 0530, enquiries@equisenergy.com, www.equisenergy.com; Solar Energy Corporation of India, www.seci.gov.in

More Low-Carbon Energy News Equis Energy ,  Solar,  India Solar,  


ARENA Foresees Tumbling Wind, Solar Costs (Int'l Report)
International Renewable Energy Agency
Date: 2018-01-24
According to the International Renewable Energy Agency (IRENA), solar PV costs are expected to be halved from the current levels by 2020, undercutting, fossil fuels by generating in the range from 3 to 10 cents/kWh range. IRENA suggests this will be driven by rising investments in clean power projects, which will in turn cut the cost of energy for consumers.

ARENA predicted movements toward the "lowest costs yet" for both solar and wind power between now and 2020, with global average costs set to drop to between $0.06/kWh and $0.10/kWh for both wind and solar. (Source: ARENA, International Renewable Energy Agency Jan., 2018) Contact: International Energy Agency, Dr. Faith Birol, Exec. Dir., +33 1 40 57 65 00, www.iea.org

More Low-Carbon Energy News Solar,  India Solar,  International Renewable Energy Agency ,  

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