Tata Power to Develop 250 MW Solar Projects at Pavagada Solar Park Updated On Wed, Jul 11th, 2018 by Saurenergy These projects will be set up at the Pavagada Solar Park in Karnataka and the energy will be supplied to the State Discoms under a 25-year Power Purchase Agreements (PPA). Power major Tata Power’s renewable arm, Tata Power Renewable Energy Ltd (TPREL), has received a Letter of Award from Karnataka Renewable Energy Development Ltd (KREDL) […] Read more
World Bank Okays $250 Mn for Rajasthan’s Electricity Distribution Sector Reforms Updated On Tue, Jul 10th, 2018 by Saurenergy This is the second loan for Rajasthan in the series of two operations planned for a comprehensive turnaround of the state’s electricity distribution sector. It’s first loan was closed in March 2017. The World Bank has approved USD 250 million development policy loan (DPL) aiming to help Rajasthan government in improving the performance of its electricity distribution […] Read more
ReneSola Gets EUR 36 Mn Addl Funding for 55 MW Poland Projects Updated On Mon, Jun 18th, 2018 by Saurenergy All these 55 MW projects are under Poland’s Contract for Difference (CFD) regime and eligible for a 15-year guaranteed tariff. Chinese solar company ReneSola said that Sequoia Economic Infrastructure Income Fund (Sequoia) had agreed to extend senior debt facility to EUR 36 million for ReneSola’s 55 MW Poland projects, with 1MW capacity each. In December 2017, Sequoia […] Read more
Tata Power Renewable Energy Inks PPA with GE for Solar Rooftop Solns Updated On Wed, Jun 13th, 2018 by Saurenergy The solar rooftop projects installation will help to generate over 1 million kWh of electricity per year, and will lead to an average tariff reduction of around 30 percent. Tata Power’s wholly-owned arm Tata Power Renewable Energy has signed a power purchase agreement (PPA) with GE to provide solar rooftop solutions for 6 manufacturing and services sites in […] Read more
Tata Power Renewable Gets 150 MW Solar Proj in MSEDCL’s 1,000 MW Bid Updated On Mon, Jun 11th, 2018 by Saurenergy The company has received the Letter of Award (LoA) to develop the project and will sign a 25 year Power Purchase Agreement (PPA) with the MSEDCL. Tata Power’s renewable arm Tata Power Renewable Energy Ltd (TPREL) has bagged the 150 MW solar PV project in the bidding process of Maharashtra State Electricity Distribution Co Ltd’s […] Read more
Azure Power Wins 75 MW Solar Power Project in NE Updated On Thu, Jun 7th, 2018 by Saurenergy The company will sign a 25 year Power Purchase Agreement (PPA) with Assam Power Distribution Company Ltd (APDCL) at a weighted average tariff of Rs 3.37 (~US cents 5.2) per kWh. India’s one of the leading solar power producers Azure Power has won the largest solar power project of 75MW in Assam in the North […] Read more
Lower Incentives for Chinese Solar Developers to Benefit India, says ICRA Updated On Thu, Jun 7th, 2018 by Saurenergy Revision in feed-in tariff rates and imposition of installation caps for solar power projects by the Chinese government is expected to negatively affect the demand for solar modules in China. Credit rating agency ICRA said that the reduction in subsidies for solar energy projects in China will benefit Indian solar independent power producers (IPPs) with softer module prices. The agency said in a statement […] Read more
Suzlon Energy Posts Q4 Net Loss at Rs 470 Cr; 340 MW Solar Projects Commissioned Updated On Thu, May 31st, 2018 by Saurenergy There is traction across all new and emerging segments in the sector as evidenced in several positive policy actions for offshore, wind‐solar hybrid, repowering, captive, and feed‐in‐tariff for small projects upto 25 MW, says Tulsi Tanti. Solar & other renewable energy solutions provider Suzlon Energy reported its consolidated net loss at Rs 469.85 crore in […] Read more
Solar Street Lighting Market to Grow at Brisk Pace for Few Years: Research Updated On Wed, May 30th, 2018 by Saurenergy The governments of many countries such as India, China, and the US have made stringent regulations and schemes such as feed in tariffs and quota based renewable portfolio standards (RPS), or promotion of renewable sources of energy such as solar, wind power and others. A recent market research from P&S Market Research has showed that […] Read more
