Fortum has signed an agreement to divest the 250-MW Pavagada II and the 250-MW Rajasthan solar power plants in India, said a company statem...

Renewable energy firms are continuing with aggressive bids for solar projects as there is more comfort on availability of land and transmis...

Palimarwar Solar House also quoted the same tariff to win 40 MW, while Acme Solar won 250 MW of the 750 MW auctioned by Solar Energy Corpor...

GUVNL had earlier cancelled a 500 MW solar auction it held in March in which the lowest tariff was Rs 2.98 per unit.

The lowest bid, seeking 90 MW at Rs 2.65 per kwH, was made by GRT Jewellers India, a renowned name in the jewellery business.

The solar plant is Fortum's third and so far biggest commissioned solar energy project, the company said in a statement.

Solar tariff is worked out by a developers on various factors including quality of heat radiation and there could not be range of tariff fo...

Solar power tariff remained below Rs 5 per unit in the latest auction conducted by state-run NTPC Ltd for 500 MW capacity at Pavagada Solar...

Fortum has won a bid in reverse auction process conducted by NTPC on April 12, 2016, for the selection of 500 MW grid connected solar PV pr...

Fortum has 15 megawatts (MW) of solar capacity in India. In January this year, it won a reverse auction for a 70 MW project with a fixed ta...

The projects are awarded via auction where the bidder offering to sell power at the lowest price wins.

Foreign firms have bid record low solar power tariffs of Rs 4.34 per unit in the latest auction, making green energy even more competitive.

The other winners included Rising Sun Energy Pvt Ltd (two blocks for Rs 4.35 a unit), Solairedirect (two blocks for Rs 4.35 a unit) and Yar...

With this, the company's green power generation capacity in India has gone up to 15 MW.

It is the first greenfield solar project commissioned under the Jawaharlal Nehru National Solar Mission (JNNSM) Phase II.

Finnish Energy company Fortum today said it has acquired a solar power plant in Rajasthan but did not provide financial details of the deal.

Fortum CEO said based on their long track record in sustainable power & heat production, Fortum has a lot to offer to India energy market.