Solar Tender

Renewable energy player BluPine Energy on Monday said it has completed the acquisition of 369 MW solar power assets from Acme Group. The 369 megawatts of solar capacity power assets are spread across Uttarakhand, Punjab, and Karnataka and augment its total renewable capacity to 2.4 gigawatts, BluPine Energy said in a statement. Neerav Nanavaty, CEO of BluPine Energy, said, "The renewable energy sector in India continues to witness remarkable growth. We have high-quality solar assets in our portfolio, further solidifying our commitment to driving positive change in India's energy sector." BluPine Energy is a leading renewable energy services company established in India by Actis, a global investor and leader in funding and building sustainable infrastructure companies. With an investment of USD 800 million from Actis' Energy Fund 5, BluPine Energy is dedicated to developing a renewable energy portfolio of over 4 GW in India. The company did not disclose the deal value.

With an outlay of Rs 75,000 cr, it's aimed at installing rooftop solar panels in 10 million households

Aether Industries will commission a 15 MW solar power project (Auto-Tracker Modules) under the Captive Power Producer (CPP) segment in the Bharuch district of Gujarat with an aim to become more sustainable. Earlier, in July 2023, Aether Industries had commissioned a 16 MW solar power project (Fixed Modules) under the CPP segment and this new solar power plant under CPP will add to its renewable energy sources and further move towards sustainability, the company said in a regulatory filing on Tuesday. The solar power farm will be in Gujarat's Bharuch District and spread across 60 acres. The phase-wise commissioning of the solar power plant is set to begin as early as the next financial year starting April, it stated. However, the company did not mention the capex for the project. "As an enterprise, we are very cognizant of the elements that sustain life. This is why we are also part of UN Global Compact Network India to practice and promote sustainable manufacturing. Therefore, our

Waaree Renewable Technologies on Monday said it has bagged a order worth Rs 547.5 crore for 412 MWp solar energy project. The company's unexecuted order book now stands at 1.161GW, according to a BSE filing. The Waaree Renewable Technologies has received a Letter of Award (LOA) for the execution of Engineering, Procurement and Construction (EPC) work for Solar power plant on turnkey basis with an order value of Rs 547.5 crore, it stated. The LOA also includes operations and maintenance for a period of two years from the date of hand over, with an order value of Rs 6.798 crore. The projects are scheduled to be completed in December, 2024 as per the term of the order. The company also stated that the order is awarded by one of the global leading biggest utility in the world in renewable energy. However, it did not specify the name of the firm. But it has disclosed to the BSE that it is a domestic order.

Set to be firm's highest investment in any state

Sector comes of age with large companies driving growth, but land acquisition and regulatory delays hamper the immediate target of achieving 175 Gw capacity by FY22 end

The Solar Energy Corp of India, sources said, has a surplus solar power capacity of 14 GW in operation and under execution at various stages, and the same should be used by the railways

Wafers, cells, modules manufacturing & imported panels for power plant allowed

There has been little interest from solar equipment makers in the previous manufacturing tenders, a hurdle to PM Modi's ambitious plans of building 100 gigawatts of solar power capacity by 2022