Nearly 800 MW of Solar Projects tendered, but no auctions in April 2019.

There was not a single solar auction conducted in the month of April 2019, reports Mercom, citing the ongoing general elections in the country. On the other hand, in April 2019, 799 MW of solar photovoltaic (PV) capacity was tendered, according to Mercom.s India Solar Tender Tracker.

Compared to March 2019, in which 5.3 GW of solar capacity had been tendered, and 750 MW of solar projects were auctioned, April was a bust.

The solar tender and auction activity in April 2019 was also lower when compared year-over-year to April 2018 (which was a low month in 2018 as well) in which approximately 1.3 GW of new solar projects were tendered, over 1.6 GW of solar PV capacity was retendered, and 40 MW of solar auctioned.

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