SECI Receives Bids For 2100 MW Against 1200 MW Solar Tender Updated On Thu, May 30th, 2019 by Saurenergy The Solar Energy Corporation of India (SECI) has received bids for development of solar projects worth 2100 MW for its tranche-IV interstate transmission system (ISTS)-connected solar tender. The SECI solar tender for setting up of 1200 MW ISTS-connected solar projects in the country was oversubscribed by 900 MW after receiving bids from 7 developers worth 2100 […] Read more
Power Finance Corp More Than Doubled Q4 Profits Updated On Thu, May 30th, 2019 by Saurenergy Power Finance Corp has reported in its Q4 2019 results that it has more than doubled its profits for the quarter over the same period last year. State-owned Power Finance Corp (PFC) has reported over a twofold rise in its standalone net profits to Rs 2,117.56 crore for the March 2019 quarter, mainly on the […] Read more
India Now the Lowest Cost Producer of Solar Power Updated On Thu, May 30th, 2019 by Saurenergy A new report by IRENA has revealed that India now holds the tag of the lowest cost producer of solar power in the world. The International Renewable Energy Agency’s (IRENA) latest report, ‘Renewable Power Generation Costs in 2018’ highlights the latest trends for each of the main renewable power technologies. And draws on the latest […] Read more
Sixth Extension For SECI’s 97.5 Rooftop Scheme Tender Updated On Thu, May 30th, 2019 by Saurenergy Bidders will now have until June 17, 2019, to submit their bids for the development of the rooftop solar projects under the scheme. The Solar Energy Corporation of India (SECI) has issued a notification amending the deadline for bid submission for its 97.5 MW grid-connected solar PV system rooftop scheme for government buildings. The nodal […] Read more
SECI Signs PSA with HPPC For 400 MW Solar Power Updated On Wed, May 29th, 2019 by Saurenergy SECI has signed PSA with HPPC for the supply of 400 MW solar power. The Solar Energy Corporation of India (SECI) has announced that it has signed a Power Supply Agreement (PSA) with the Haryana Power Purchase Centre (HPPC) for the supply of 400 MW solar power. In January, HPPC signed another PSA with SECI […] Read more
Capital Dynamics & First Solar Commission 280 MW Californian Flats Solar Project Updated On Wed, May 29th, 2019 by Saurenergy Capital Dynamics, an independent global private asset management firm and First Solar have announced the completion and commercial operation of the 280-megawatt (MW) California Flats Solar Project. The project is located on approximately 2,900 acres of ranch land within the Jack Ranch owned by Hearst, near the borders of San Luis Obispo and Monterey County in California. The project partners […] Read more
An Innovative Plan to Drive Higher Solar Rooftop in Chandigarh takes Shape Updated On Wed, May 29th, 2019 by Saurenergy CREST, or the Chandigarh Renewable Energy and Science & Technology Promotion Society, a society under the department of science and technology, Chandigarh Administration, has come up with a model to drive higher solar use. Expanding the RESCO model to residential houses. The planned move by CREST is really interesting because it tries to tackle one of the […] Read more
ADB Grants $4Mn Loan For 15.1 MW Solar Plant in Afghanistan Updated On Tue, May 28th, 2019 by Saurenergy The Asian Development Bank (ADB) has signed a $4 million loan with a special purpose vehicle (SPV) to help build a 15.1 megawatt (MW) solar power plant in Afghanistan. The Asian Development Bank (ADB) has signed a $4 million loan with a special purpose vehicle (SPV) and subsidiaries owned by the 77 Construction, Contracting, and Trading […] Read more
Punjab Commission Hikes Average Tariff by 2.14% Across Categories Updated On Tue, May 28th, 2019 by Saurenergy Punjab has announced an average tariff hike of 2.14 percent across categories for 2019-20. The State Electricity Regulatory Commission of Punjab has announced the hike in average tariff by 2.14 percent across categories for 2019-20. Besides, the state power regulator also raised the fixed charge for the domestic category of consumers by Rs 10 per […] Read more
