IREDA to sanction Rs 13,000 crore loan for renewables in FY18 Updated On Mon, Mar 27th, 2017 by Saurenergy Indian Renewable Energy Development Agency will be sanctioning Rs 13000 crore loan to meet the Government’s target of achieving 15 to 16 GW of renewable energy projects. State-run Indian Renewable Energy Development Agency (IREDA) will sanction Rs 13,000 crore for clean energy projects next fiscal in the country, vying for around 20 per cent of […] Read more
Solar Power Tariffs in India Have Plunged by 73 Percent Since 2010 Updated On Fri, Mar 24th, 2017 by Saurenergy Since 2010, India’s solar power tariff rate has been reduced to record low, especially in the auction conducted at the Rewa Solar Park. India’s solar sector recently reached record low tariff levels in the auction conducted at the Rewa Solar Park in the state of Madhya Pradesh. India was one of the first countries to […] Read more
Engie Wins Nearly 78MW Solar PV Projects in France Updated On Tue, Mar 14th, 2017 by Saurenergy Engie through its subsidiaries has won the bid to install 78 MW of solar PV plant in France. ENGIE, through its subsidiaries ENGIE Green, La Compagnie du Vent, CNR and Solairedirect, ENGIE has won bidding organized by the French Energy Regulatory Commission (CRE) for 10 Solar PV projects representing 78 MW of installed capacity. With […] Read more
India’s Solar Module Manufacturers to Face Tough Competition in 2017 Updated On Fri, Mar 10th, 2017 by Saurenergy With solar module prices continuously declining globally, it is also weakening the domestic solar manufacturer’s ability to compete with imports. Solar module prices are expected to continue declining in 2017 as global supply continues to exceed demand. As the largest supplier and installer of solar module, China will continue to drive global pricing. The country’s […] Read more
JinkoSolar, Marubeni Enters Into PPA for Sweihan Solar PV Independent Power Project in Abu Dhabi Updated On Thu, Mar 2nd, 2017 by Saurenergy A special purpose company jointly owned by JinkoSolar, Marubeni, and the Abu Dhabi Water and Electricity Authority (“ADWEA”) will construct, operate and maintain the solar PV plant for the duration of the 25-year PPA JinkoSolar and Marubeni Corporation have entered into a Power Purchase Agreement (“PPA”) with the Abu Dhabi Water and Electricity Company (“ADWEC”) […] Read more
Cheap Chinese Imports Burn Domestic Solar Cell, Module Makers Updated On Tue, Feb 28th, 2017 by Saurenergy Solar cell and module makers were hoping for incentives to scale up production, but it seems like Union Budget disappointed them. Indian solar cells and modules manufacturers have not able to cash in on the opportunity of rising solar power installations thanks to Chinese competition. Between April and October 2016, India imported solar power material […] Read more
Sales of Renewable Energy Certificates (RECs) Dropped To 30 Per Cent in February Updated On Thu, Feb 23rd, 2017 by Saurenergy Power distribution companies as well as open access and captive consumers are under obligation to buy RECs from renewable energy producers under renewable purchase obligations (RPOs) as mandated by central and state regulatory commissions. Sales of renewable energy certificates (RECs) dropped 30 per cent to 10.93 lakh this month against 15.68 lakh in January this […] Read more
JinkoSolar has overtaken Trina Solar in terms of solar PV module shipments in 2016: GlobalData Updated On Thu, Feb 16th, 2017 by Saurenergy JinkoSolar has witnessed impressive results over 2016, with the company’s PV modules securing China Quality Certification Center’s Top Runner Program level-one energy efficiency certification that showcases its technological strength Research and consulting firm GlobalData has announced that JinkoSolar has surpassed Trina Solar in terms of solar PV module shipments in 2016. The company had shipments […] Read more
Madhya Pradesh Shows Solar Power Is Here To Stay And Make Significant Contributions To The Country’s Energy Mix Updated On Wed, Feb 15th, 2017 by Saurenergy Assuring developers of risk mitigation in terms of electricity offtake, by Rewa Ultra Mega Power Limited (a joint venture of Solar Energy Corporation of India Limited and Madhya Pradesh Urja Vikas Nigam Limited), also contributed to the drop. The solar revolution in India marches on, with renewed momentum, if the recently concluded reverse bidding auction […] Read more
