SECI Reduces Levelized Ceiling Tariff for 500 MW Rooftop Solar Power Tender Updated On Tue, May 2nd, 2017 by Saurenergy The updated Levelized Ceiling Tariff 500 MW Rooftop Solar Power Tender is lower than the previous benchmark by Rs.1.03/kWh in general category states and union territories, and lower by Rs.0.40/kWh in special category states and union territories. The Solar Energy Corporation of India (SECI) has reduced the levelized ceiling tariff for the amended 500 MW […] Read more
ADB Backs Sunseap to Build Cambodia’s First Large-Scale Solar Power Farm Updated On Mon, May 1st, 2017 by Saurenergy As part of the Cambodia’s First Large-Scale Solar Farm project, Sunseap entered into a 20-year solar power purchase agreement (PPA) with EDC. The Asian Development Bank (ADB) has backed Singapore’s Sunseap Group’s project to build Cambodia’s first large-scale solar power project under a long-term agreement with Electricité Du Cambodge (EDC). ADB’s Private Sector Operations Department […] Read more
Market Regulator SEBI Finalizes Norms for Issuance and Listing of Green Bonds Updated On Mon, May 1st, 2017 by Saurenergy SEBI had proposed a new framework for issuance and listing of green bonds more than a year ago, and this will help in raising funds from capital markets for investment in the renewable energy space. Regulator SEBI has finalized norms for issuance and listing of green bonds, which will help in raising funds from capital […] Read more
NISE to Conduct Three Day Skill Development Program on Solar PV System Design Using PVSYST & PVSOL Software Updated On Mon, May 1st, 2017 by Saurenergy The Three Day Skill Development Program from NISE will focus on Solar PV System Design Using “PVSYST & PVSOL” simulation software and understand an off- grid system, on- grid system and hybrid system. National Institute of Solar Energy (NISE) is conducting its 11th Three Day Skill Development Program on Solar PV System Design Using “PVSYST […] Read more
Trina Solar Pins Going-Private Transaction Updated On Sun, Apr 30th, 2017 by Saurenergy Chinese photovoltaic (PV) modules maker Trina Solar Ltd has ceased to be a publicly-traded company as its previously-announced buyout has now been completed. An investor consortium led by Trina chairman and CEO Jifan Gao signed a deal to acquire and delist the solar company at the very start of August 2016. Under the terms of […] Read more
VIZ-A-VIZ with S.K Mahajan, Director, IB Solar Updated On Sun, Apr 30th, 2017 by Saurenergy Q. Kindly slate on the journey of the company so far. The business was founded in 1992 with a mere capital of Rs. 2000; my father was a retired government officer then. I have 16 years of experience with corporate industry before starting business under the name Integrated Marketing, which became Integrated Batteries India Pvt. Ltd. […] Read more
Chinese Solar Equipment Major, GCL-Poly Energy Bids on India Solar Market Updated On Sun, Apr 30th, 2017 by Saurenergy The Chinese solar equipment maker major, GCL-Poly Energy Holdings has shared plans to invest in India, attracted by the nation’s emerging green economy. As part of its India entry plan, GCL-Poly Energy Holdings Ltd is in talk with Subhash Chandra’s Essel Group to set up a solar module manufacturing facility. The Hong Kong-listed firm, which […] 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
BHEL commissions 3 MW Solar Power Plant in Dadra and Nagar Haveli Updated On Fri, Apr 28th, 2017 by Saurenergy Bharat Heavy Electricals Ltd has developed the 3 megawatt solar power project on a turnkey basis for Dadra and Nagar Haveli Power Distribution Corporation Ltd. State-owned power sector equipment manufacturer Bharat Heavy Electricals Ltd. has commissioned a 3 MW solar power plant in the union territory of Dadra and Nagar Haveli. BHEL told ET that […] Read more