Bhadla Solar Power Project Tariff Hits New Low of Rs 2.62 a Unit Updated On Wed, May 10th, 2017 by Saurenergy Phelan Energy Group and Avaada Power Private Limited have bagged 100 MW and 50 MW solar power project respectively at Rs 2.62 per unit, and SBG Cleantech managed to obtain 100 MW at Rs 2.63 a unit for Bhadla Phase IV 250 MW solar project. Following the trend of falling solar tariffs in India, the […] Read more
CREDA to Construct 500 MW Solar Power Park in Chhattisgarh Updated On Thu, May 4th, 2017 by Saurenergy The first phase of Solar Power Park will be set up in Rajnandgaon with an installed capacity of 250 MW. The Chhattisgarh Renewable Energy Development Agency (CREDA) will be setting up 500 MW capacity solar power parks in the State. The first phase of the project – a 250 MW capacity solar power plant – […] Read more
APGENCO Tenders 100 MW of Solar Power Project at Ananthapuramu-II Solar Park at Talaricheruvu Updated On Wed, May 3rd, 2017 by Saurenergy The 100 MW of Solar Power Project has been estimated at Rs.4.45 billion and the project completion timeframe is 15 months from date of issue of letter of intent. The Andhra Pradesh Power Generation Corporation (APGENCO) has tendered a 100 MW solar power project at the Ananthapuramu-II solar park in Talaricheruvu, Andhra Pradesh. The bid-submission […] Read more
Fotowatio Renewable Ventures Raises $29 Million from IFC to Fund 100 MW Solar Power Projects in Andhra Pradesh Updated On Sat, Apr 29th, 2017 by Saurenergy The Company is building two solar power projects of 50MW each in Andhra Pradesh. The cost of the project is estimated at $119 million which will be funded through a mix of 75 per cent debt and 25 per cent equity. Fotowatio Renewable Ventures (FRV) has raised $29 million (~Rs.1.86 billion) in non-convertible debentures (NCDs) […] Read more
Kerala Solar Energy Policy Updated On Thu, Apr 27th, 2017 by Saurenergy OBJECTIVE Objective of the state solar policy include:- Increase the installed capacity of the solar sector in the State to 500MW by 2017 and 2500 MW by 2030. Contribute to long term energy security of the State of Kerala as well as ecological security by reduction in carbon emission. Adopt a multi-pronged approach in targeting […] Read more
Jharkhand Solar Energy Policy Updated On Thu, Apr 27th, 2017 by Saurenergy Jharkhand Solar Energy Policy Updates 2017 A 50 percent subsidy to residential consumers and a 10 percent subsidy to commercial (industrial) consumers installing rooftop solar will be provided by the Jharkhand State government, the policy was implemented in July 2017. OBJECTIVE The objectives of the Policy are as follows To encourage participation of private sector […] Read more
Haryana Solar Energy Policy Updated On Thu, Apr 27th, 2017 by Saurenergy Haryana Solar Energy Policy Updates 2017 A discussion paper was released by the Haryana Electricity Regulatory Commission (HERC) in July 2017, stating Terms and Conditions for Determination of Tariff from Renewable Energy Sources, Renewable Purchase Obligation (RPO) and Renewable Energy Certificate (REC)) Regulations, 2017. The draft mentioned the useful life for solar power projects determined […] Read more
Himachal Pradesh Solar Energy Policy Updated On Wed, Apr 26th, 2017 by Saurenergy OBJECTIVE Promote generation of electricity from solar energy for energy security for sustainable development, which is the core Development Policy of the State. Contribute to the National objective of increasing the share of Renewable Energy in total energy consumption, in accord-ance with climate, environment and macro-economic considerations. Strengthen and sustain the Policy of 100% clean […] Read more
Andhra Pradesh Solar Energy Policy Updated On Wed, Apr 26th, 2017 by Saurenergy Andhra Pradesh Solar Energy Policy Updates 2017 The state’s renewable purchase obligation (RPO) is set at 9 percent in April 2017 by the Andhra Pradesh Electricity Regulatory Commission (APERC) for the financial year FY2017- 2018. Out of the 9 percent, the 6 percent for the non-solar RPO excluding the large hydro. The RPOs up to […] Read more
