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Why solar components remain expensive in the US

  In much of Southeast Asia, solar components are priced significantly lower than in the United States. A 600W Tier 1 solar panel from Canadian Solar or Jinko costs around $80. A 12kW inverter from Deye (marketed as Solar-Aark) is priced at $1,700. A 14.3kWh Dyness battery is available for $1,750. These are end-user prices from distributors, including warranty support. In contrast, solar system quotes in the US can reach $46,000 for a 12kWh system….

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Koraam New Energie bags Rs1.86bn order for 5,500 solar pumps

Koraam New Energie, a subsidiary of Kosol Energie, has secured an order worth Rs 1.86 billion for the supply of 5,500 solar pumps under Component B of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan (PM-KUSUM) scheme. The order was placed by various nodal agencies. Of the total, 3,000 pumps have been allocated under Maharashtra’s Magel Tyala Saur Pump Yojana. Out of these, 2,200 pumps have already been installed. Beyond pump supply, Koraam is…

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Advait secures Rs 1.29 bn EPC order for solar project in Gujarat

Advait Energy Transitions Limited has received an EPC and commissioning contract from KPI Green Energy Limited for a 67.5 megawatt peak (MWp) solar project in Gujarat. The contract is valued at Rs 1.293 billion. The ground-mounted solar plant will be built at the Khavda Renewable Park in the Kutch region. The order has been awarded to Advait’s subsidiary, Advait Greenergy. The contract includes design, engineering, supply, testing, and commissioning. It also covers the delivery of…

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GAIL updates biogas pricing and transport charges under CBG scheme

GAIL (India) Limited has revised how it calculates prices for biogas and compressed biogas (CBG) under the CBG-CGD synchronisation scheme. The update follows the Ministry of Petroleum and Natural Gas’s (MoP&NG) supply guidelines dated April 9, 2021. Under the revised method, the biogas procurement price will now be set at 85 percent of the average retail selling price (RSP) of compressed natural gas slabs. This is an increase from the earlier benchmark of 80 percent….

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Andhra Pradesh lays foundation for 2,800 MWp hybrid project with BESS

The Government of Andhra Pradesh laid the foundation stone on May 16, 2025, for a 2,800 MWp wind-solar hybrid power project integrated with a 2,000 MWh Battery Energy Storage System (BESS) in Anantapur district. The project is being developed by ReNew Power Ventures Private Limited. The hybrid project will be executed in two phases: Phase I includes 587 MWp of solar, 250 MW of wind, and a 415 MWh BESS system. Phase II will add…

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IIT Kanpur and Mitcon win contracts for thermal power projects

Indian Institute of Technology (IIT), Kanpur has secured a contract worth Rs 1.47 million to conduct a wind tunnel test for the reinforced cement concrete (RCC) chimney at the 2×800 MW Koderma Thermal Power Expansion Project. Bharat Heavy Electricals Limited (BHEL) had invited bids for the study in January 2025. The work is to be completed within one year. The Koderma project is a brownfield expansion planned by Damodar Valley Corporation (DVC) in the Gumla…

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TSGENCO invites bids to prepare DPR for 132 MW solar projects in Telangana

Telangana State Power Generation Corporation Limited (TSGENCO) has invited consultancy bids to prepare a detailed project report (DPR) for 132 MW solar photovoltaic (PV) power projects in the state. The invitation was issued on May 17, 2025. The deadline for bid submission is June 5, 2025. The scope includes technical and commercial planning for various solar PV projects. TSGENCO aims to set up a cumulative 132 MW capacity through ground-mounted, floating, and rooftop installations. A…

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Waaree wins LoA for 94 MW decentralised solar project

Waaree Renewable Energy Technologies Limited, formerly known as Sangam Renewables Limited, has secured a Letter of Award (LoA) worth Rs 1,142.3 million. The contract covers engineering, procurement and construction (EPC) works for a cumulative 94 MW/131.6 MWp decentralised solar power project in Maharashtra. The award was granted on May 16, 2025, under the “Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0”. The project is part of Component C of the Pradhan Mantri Kisan Urja Suraksha evam…

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SJVN commissions 78.23 MW solar capacity in Bikaner

SJVN Green Energy Limited (SGEL), a subsidiary of SJVN Limited, has started commercial operations of 78.23 MW solar capacity in Bikaner, Rajasthan. This marks the latest milestone under Phase II of the 1,000 MW grid-connected solar project being developed under the Central Public Sector Undertaking (CPSU) Tranche-III scheme. With this addition, the total commissioned capacity now stands at 320 MW. SGEL began commercial operations for this phase on May 15, 2025. The full 1,000 MW…

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Seven firms shortlisted for $2.28bn Oman power projects

Seven companies have been shortlisted to bid for two major power projects in Oman, valued at OR880 million (US$2.28 billion). The tender process is being overseen by Nama Power and Water Procurement Company, the country’s sole buyer of power and water. The shortlisted firms include ACWA Power (Saudi Arabia), Korea Western Power, Marubeni Corporation (Japan), Nebras Power (Qatar), and others from the United Arab Emirates, China, and South Korea. These companies were selected from a…