Shocker! ACME Bows Out From Rajasthan Project With Record Low Tariffs Updated On Wed, May 20th, 2020 by Saurenergy After surprising the world, and setting the stage for a period of record low tariffs in India with its bid at Rs 2.44 kWh for a SECI project in Rajasthan, the winner, ACME Solar, has opted to cancel the project. It had won the 600-Mw project in Rajasthan at a historic low rate of Rs […] Read more
Govt to Solarize Konark Surya Mandir, Town in Odisha with 100% Financial Assistance Updated On Wed, May 20th, 2020 by Saurenergy After aiming for the complete solarization of sun-temple town in Gujarat’s Modhera, the Ministry of New and Renewable Energy (MNRE) has now issued fresh guidelines for 100 percent solarization of Konark sun temple, which is popularly known as Surya Mandir, along with the Konark town in Odisha. Through this scheme, the government aimed to meet […] Read more
MNRE Urges SERCs to Allow Online Petition Listing, Start Hearing via Video Conferencing Updated On Tue, May 19th, 2020 by Saurenergy In order to provide support to the renewable sector in regularizing the matters at SERCs and to safeguard the ongoing investment in the country, the Ministry of New and Renewable Energy (MNRE) has requested all the State Electricity Regulatory Commissions (SERCs) to consider allowing filing and listing of petitions online and hear urgent matters through […] Read more
CS Energy Completes Construction of Largest Solar Plant in New Jersey Updated On Tue, May 19th, 2020 by Saurenergy CS Energy has announced that it has successfully completed the construction work on the largest solar plant in New Jersey. CS Energy, LLC, a leading integrated energy firm that designs and builds optimised projects in the solar, storage and emerging energy industries, has announced that it has successfully completed the largest solar plant in New […] Read more
SECI Extends Bid Deadline for Projects in Andaman and Ladakh Updated On Tue, May 19th, 2020 by Saurenergy SECI has announced the extension in the bid submission deadline for its tenders for setting up solar projects in Andaman and Nicobar Islands and Ladakh. The Solar Energy Corporation of India (SECI) has announced the extension in the bid submission deadline for its tenders for setting up solar power projects in Andaman and Nicobar Islands […] Read more
PV Tracker Firm GameChange Solar Surpasses 10 GW Milestone Updated On Mon, May 18th, 2020 by Saurenergy PV tracker manufacturer GameChange Solar has announced that is has surpassed the 10 GW milestone for sales since the company was founded in 2012. GameChange Solar has announced that is has surpassed the 10 GW milestone for sales since the company was founded in 2012. The company’s rapid expansion has been prompted by growth in […] Read more
Discoms to get Loans at low Rates to pay Back Gencos: RK Singh Updated On Fri, May 15th, 2020 by Saurenergy Discoms will be offered loans at cheaper rates by state-owned power sector financing companies for clearing their dues towards Gencos, RK Singh has said. Financially stressed Discoms will be offered loans at cheaper rates of 8.5 to 9 percent for a 10-year period by state-owned power sector financing companies PFC and REC for clearing their dues towards power generation companies (Gencos), Power and Renewable Energy Minister RK Singh […] Read more
Discoms’ Liquidity Infusion via Loan Positive for Gencos, But Losses to Shoot Up by Rs 270 Bn in FY21: ICRA Updated On Thu, May 14th, 2020 by Saurenergy Government’s Rs 900 billion liquidity support under Atmanirbhar Bharat package for state power distribution utilities (Discoms) is a much welcome measure, said ICRA a leading credit rating agency. However, this liquidity infusion in Discoms will be in the form of loans against receivables, from major power sector lenders Power Financial Corporation (PFC) and Rural Electrification […] Read more
Huawei Supplies Smart PV Solutions for Adani Green Energy’s 50 MW Solar Plant in R’sthan Updated On Thu, May 14th, 2020 by Saurenergy Huawei, one of the world’s leading solar inverter manufacturers, has supplied its innovative Smart PV 1500 V Solution, including 312 SUN2000-185KTL-INH0 smart inverters, for Adani Green Energy’s 50 MW solar photovoltaic (PV) plant in Rajasthan. This project was successfully connected to the power grid by Adani Green Energy Ltd (AGEL) on April 16 amidst lockdown […] Read more
