Dominion to Acquire Large-Scale Solar Energy Facility under Construction in North Carolina Updated On Fri, May 5th, 2017 by Saurenergy Dominion is planning to expand its solar energy portfolio in North Carolina, and the Company expects to close on Anson County project upon completion in second-quarter 2017. Dominion has announced that it plans to purchase a 79 MW solar energy facility under construction in Anson County, N.C., from Cypress Creek Renewables. A power purchase agreement […] Read more
MoAs signed for first wind auction Scheme ; Another wind auction Scheme for 1000 MW announced Updated On Thu, May 4th, 2017 by Saurenergy The Memorandum of Agreements (MoAs) for purchase of 1000 MW wind power under MNRE’s first wind auction Scheme were signed here today between PTC India, the trading company, and Discoms of Uttar Pradesh, Bihar, Jharkhand, Delhi, Odisha and Assam. The signing ceremony took place during the two days Conference of Power, New & Renewable Energy […] Read more
Jharkhand Yet to Sign PPAs for 1.1 GW of Solar Updated On Thu, Apr 27th, 2017 by Saurenergy The differences on the quoted tariff have halted the signing of the PPA for 1.1 GW solar power project between the state distribution company (DISCOM) and developers in Jharkhand. In Jharkhand, power purchase agreements (PPAs) for 1.1 GW of solar projects that were auctioned in March of 2016 (LoIs signed May 2016) are yet to […] Read more
Rajasthan Solar Energy Policy Updated On Wed, Apr 26th, 2017 by Saurenergy Rajasthan Solar Energy Policy Updates 2017 The new fixed tariff of Rs. 3.93 (~$0.06)/kWh as the generic tariff levelised for 25 years for solar PV projects excluding accelerated depreciation (AD) has been announced by the Rajasthan Electricity Regulatory Commission (RERC) in October 2017. The fixed AD component is fixed at Rs. 0.27 (~$0.004)/kWh making the […] Read more
India’s solar capacity addition to remain strong (7-7.5 GW) in FY 2018 backed by project pipeline: ICRA Updated On Wed, Apr 26th, 2017 by Saurenergy India’s wind power capacity addition in the current fiscal will depend on bidding plans of utilities, while that of solar power will remain strong at 7- 7.5 GW, credit rating firm Icra said today. The renewable energy (RE) sector reported a record capacity addition of over 11 GW in FY2017, an increase of around 60% […] Read more
Gujarat Solar Energy Policy Updated On Wed, Apr 26th, 2017 by Saurenergy Gujarat Solar Energy Policy Updates 2017 The 50 percent cap of the approved load or contracted demand by small residential rooftop owners has been removed by the government of Gujarat enabling the residential consumers to install rooftop solar systems of any capacity of their own. The order came in effect from April 13, 2017. The […] Read more
Amaranto Launches Solar Investment Arm in India Targeting the Acquisition of 500 MW by 2018 Updated On Wed, Apr 12th, 2017 by Saurenergy Already active in India since 2016, Amaranto acquires 110 MW solar power project and aims to build 500MW of solar PV projects in various Indian states over the next three to four years. Renewable energy firm Amaranto Group has launched an investment arm; Amaranto Solar Power India dedicated to acquiring Solar PV projects in the […] Read more
Enel Lands in Australia with Country’s Largest Solar PV Project Updated On Tue, Apr 11th, 2017 by Saurenergy A joint venture between Enel Green Power and Dutch Infrastructure Fund has closed the agreement for the purchase of the first 137.5 MW of the 275 MW Bungala Solar PV project from local developer Reach Solar Energy. Enel, through a joint venture between the Group’s fully-owned renewable energy subsidiary Enel Green Power S.p.A. (“EGP”) and […] Read more
Vedanta Resources Looks Forward to Expand its Clean Energy Plans in India Updated On Fri, Apr 7th, 2017 by Saurenergy Vedanta Resources is looking at developing battery storage solutions that would help with grid balancing, besides complementing the government’s push for solar power. Vedanta Resources is working on its clean energy plans for India, encouraged by the opportunities offered by the country’s growing green economy. Ajay Kumar Dixit, chief executive officer, alumina and power business, […] Read more
