A tender floated by the Solar Energy Corporation of India Ltd. (SECI) to set up 1.2 GW of interstate transmission system (ISTS)-connected solar photovoltaic (PV) projects across India has been oversubscribed by 900 MW. According to a SECI official, bids totalling 2,100 MW had been submitted against the tendered capacity of 1,200 MW.

According to media reports, ReNew Power, Azure Power, Ayana Renewables, SB Energy, and UPC Solar have bid for 300 MW of grid-connected solar PV capacity each. Mahindra has bid for 250 MW of solar PV capacity, and Avaada has bid to set up 350 MW of grid-connected solar PV projects.

NEWS ----------SEPTEMBER 2018 Issue
Cygni Energy raises $6.4 Mn to power growth & expansion

Hyderabad-based Cygni Energy Pvt. Ltd., an innovative Solar-DC solutions start-up, has announced that it has raised funds of $6.4-mn through a combination of equity and debt. The equity funding is led by Endiya Partners, a leading early stage venture capital firm that invests in product start-ups, and the debt by IndusInd B   READ MORE...
Cosmos Solutions receives US$950-mn for new eco-friendly energy product
Cosmos Solutions Pvt. Ltd.’s patented new technology to generate more power from engines using micro controllers received a major green signal with a private equity of US$950-million from Linetrust Offshore Ltd. The Head of private equity of Linetrust ASEAN, Dr. Sailesh Lachu Hiranandani, who has spared no effort in promoting the development of renewable energy, assured Cosmos   READ MORE...
Black & Veatch bags IEDCL’s 41MW hybrid project
Black & Veatch has been selected to provide engineering expertise to IL&FS Energy Development Company Limited’s (IEDCL) 41 megawatt (MW) solar photovoltaic (PV), wind, and battery storage hybrid project in India. Core components of the project are 25 MW solar PV and 16 MW wind power generation systems, coupled to an optimised energy storage system.

Technical services for the