Slight Rise in Solar Tariff during Rajasthan Auction Updated On Tue, Dec 26th, 2017 by Saurenergy This time in the first part of the auction, Hero Future Energies quoted the lowest tariff of Rs 2.47 per unit and was awarded the 300 MW it had asked for. After a steep fall for over two years, solar duty rose marginally at the latest auction conducted by the Solar Energy Corporation of India […] Read more
Madhya Pradesh CM Lays Foundation for ‘World’s Largest’ 750 MW Solar Power Plant Updated On Sat, Dec 23rd, 2017 by Saurenergy The solar power plant will come up at Gurh tehsil in the district and the power generated at this station will be provided to Delhi Metro Rail Corporation (DMRC) to run its trains in the national capital. In a first, Madhya Pradesh Chief Minister Shivraj Singh Chouhan has laid the foundation stone for the “world’s […] Read more
SECI Invites Expression of Interest to set up 20 GW Solar PV Manufacturing Facility Updated On Wed, Dec 20th, 2017 by Saurenergy Under the EOI, SECI will gather information on the feasibility of such floating projects and prospective developers to help its forming of the call for bids for various capacities. Solar Energy Corporation of India (SECI) has invited an expression of interest (EoI) from prospective manufacturers to set up an integrated solar manufacturing facility in India. […] Read more
Guidelines issued for procurement of wind power through tariff based competitive bidding process Updated On Tue, Dec 12th, 2017 by Saurenergy Government has issued Guidelines under Section 63 of the Electricity Act, 2003 providing a framework for procurement of wind power through a transparent process of bidding including standardisation of the process and defining of roles and responsibilities of various stakeholders. These Guidelines aim to enable the Distribution Licensees to procure wind power at competitive rates […] Read more
Each Year, 500MW to 1,000MW of Energy Will be Added by Renewable Energy Firm Mytrah Updated On Wed, Nov 29th, 2017 by Saurenergy With 500 MW of projects of Solar, the company is listed among the AIM of London Stock Exchange. Energy capacity of between 500MW to 1,000MW to be added each year constituting both solar and wind energy is next on the cards for renewable energy company Mytrah, said a top company official. In the next few […] Read more
Government to Auction up to 17 GW Solar by March 2018 Updated On Fri, Nov 24th, 2017 by Saurenergy The government is looking at 17 GW capacities by March 2018. So far, 3.6 GW solar capacities have been auctioned. With persistent success of reverse auction of renewables, the Ministry of New and Renewable Energy has announced auction of up to 17 GW solar capacities by March 2018. The government is looking at 17 GW […] Read more
Solar Power to provide Nagpur Metro’s Energy Needs at Less Than Rs4.50 a Unit Updated On Fri, Nov 24th, 2017 by Saurenergy Mahametro plans to meet 65 percent of its energy needs through solar power and the total installed capacity required is 14 MW. In a significant development, Nagpur Metro has planned to go in for captive solar power generation and will get it at Rs 4.50 a unit. It will use costly conventional power in evening. […] Read more
UK Climate Investments and Lightsource Tie-up for Solar Power Projects in India Updated On Tue, Oct 31st, 2017 by Saurenergy UK Climate Investments will provide 49 percent equity for the construction of the first project partnership with Lightsource to develop and construct up to 300MW of solar power projects. Lightsource Renewable Energy and UK Climate Investments, part of the Green Investment Group within Macquarie Infrastructure and Real Assets, have entered into a partnership agreement to […] Read more
Key technology trends shaping the Global Solar Industry Updated On Mon, Oct 23rd, 2017 by Saurenergy Innovation in Finance When asked about the direction of innovation in financing for clean energy Manish Chaurasia, Managing Director, Tata Cleantech Capital Ltd. (TCCL) said, there is a lot of innovation happening in clean energy financing on a global scale. From securitization of assets to setting up of yield to monetize and plough back capital, […] Read more
