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SECI issues tender for 1 GW ISTS-connected solar projects under Tranche XVIII
The Solar Energy Corporation of India (SECI) has issued a tender inviting bids to develop 1 GW of inter-state transmission system (ISTS)-connected solar power projects for Tranche XVIII. The deadline for bid submission is October 4, 2024. Bidders are required to submit an earnest money deposit of Rs 942,000 per MW, along with a document fee of Rs 50,000 and a non-refundable bid processing fee of Rs 20,000. Selected winners must provide a performance bank…
GPC and CNBM to expand renewable energy projects in Europe
GoldenPeaks Capital (GPC) and China National Building Material Group (CNBM) have announced plans to expand their renewable energy partnership, targeting 1GW of solar projects annually across Europe. This collaboration, building on a five-year partnership, will extend into new markets including Germany, Italy, and Greece. GPC, already active in Poland and Hungary with 800 MW of renewable energy projects and 1.4GW under development, aims to increase its presence in Western Europe, particularly in Bavaria, Germany. CNBM,…
Ukrnafta launches tender for 76.4 MW gas generator sets, valued at $38.3 million
Ukrnafta, Ukraine’s largest oil producer, has announced 16 tenders to purchase gas generator sets totaling 76.4 MW in capacity, with an expected acquisition cost of UAH 1.576 billion (approximately $38.3 million) before VAT. The tenders, scheduled for August 26-27, aim to secure generators with capacities ranging from 1 MW to 14 MW, to be delivered by December 31, 2025. The company plans to acquire various generator capacities, including two sets of 1-1.3 MW, one set…
Torrent Power challenges approval of Sarda Energy’s bid for SKS Power Generation at NCLAT
Torrent Power has filed an appeal with the National Company Law Appellate Tribunal (NCLAT) against the approval of Sarda Energy and Mining’s (SEML) resolution plan for the debt-ridden SKS Power Generation. The appeal follows the Mumbai-based National Company Law Tribunal’s (NCLT) decision on August 13, which approved SEML’s bid and dismissed Torrent Power’s application to acquire SKS Power Generation in Chhattisgarh. Torrent Power objected to the selection process, arguing it was discriminatory and claiming that…
Vikram Solar unveils new ‘SURYAVA’ bifacial module with Heterojunction technology
Vikram Solar Limited, a leading Indian solar module manufacturer, has launched its latest innovation, the ‘SURYAVA’ high-performance bifacial module, incorporating Heterojunction technology (HJT). The new product, named after the Sanskrit word ‘Surya’ symbolizing the sun, promises to set new benchmarks in solar efficiency and durability. Unveiled at the company’s Advisory Board Meeting, ‘SURYAVA’ integrates HJT, which combines crystalline and amorphous silicon layers to enhance energy generation. The 20 Busbar module achieves efficiency levels exceeding 23%…
Maharashtra allocates Rs 100 billion for Solar Agriculture Feeder Program 2.0
The Maharashtra government has allocated Rs 100 billion to the Chief Minister’s Solar Agriculture Feeder Program 2.0, aiming to provide round-the-clock electricity to agricultural pumps and increase the state’s solar energy capacity to 16,000 MW by 2025. Of this capacity, 9,000 MW will be dedicated to solar projects, with the remaining allocated to decentralized solar capacity. The state will provide financial assistance of up to 30% for solar power generation capacity, alongside various incentives to…