SJVN bags its first 15MW floating Solar Power project


SJVN has bagged 15 MW GridConnected Floating Solar PV Power Project at Nangal pond, near village Neilla,District Bilaspur, Himachal Pradesh. The company has bagged the full quotedcapacity of 15 MW @ `3.26/Unit on Build, Own andOperate basis through e-Reverse Auction held by Solar Energy Corporation ofIndia.

Sh. Nand Lal Sharma,Chairman & Managing Director, SJVN apprised that the cost of developing thisFloating Solar Project shall be approximately `100-crores. Theproject is expected to generate 32.85 MU in first year and the cumulativeenergy generation over a period of 25 years will be approximately 756 MU. ThePower Purchase Agreement between SJVN and Bhakra Beas Management Board will besigned shortly.

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.

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