UP Wants Solar Power Companies to Lower Power Tariffs Updated On Tue, Jul 11th, 2017 by Saurenergy The solar power developers have received pro-forma of a letter from the UP Electricity Regulatory Commission (UPERC) that wants them to sign by which they would voluntarily agree to lower solar tariffs. Following a steep fall in solar tariffs in the last two years, Uttar Pradesh is pressuring solar power project developers to cut rates […] Read more
NLC India Invites Bids for 709 MW of solar in Tamil Nadu Updated On Tue, Jul 11th, 2017 by Saurenergy Solar power project will have a minimum size of 50 MW (AC) capacity in a single site and must be commissioned 12 months from the date of the Letter of Award. The Neyveli Lignite Corporation (NLC) has tendered solar PV projects with a capacity of 709 MW (AC) in the state of Tamil Nadu. The […] Read more
Andhra Pradesh to Have Floating Solar Power Plant at Mudasarlova Updated On Tue, Jul 11th, 2017 by Saurenergy The GVMC floating solar power plant will have a power generation capacity of 2,000 kilowatt peak (KWp), nearly 20 times the capacity of the recently-launched floating solar power plant in Kayamkulam, Kerala. The Greater Visakhapatnam Municipal Corporation (GVMC) has planned to set up India’s largest floating solar power plant at Mudasarlova reservoir as part of […] Read more
ReneSola Awarded 42MW of Solar Power Projects in Poland’s Electricity Auction Updated On Mon, Jul 10th, 2017 by Saurenergy All of the 42 solar power projects are under Poland’s Contract for Difference (CFD) regime and eligible for a 15-year guaranteed tariff of PLN 385-392/MWh. These projects are expected to be connected to the utility grid by Q2 and Q3 2018 respectively. ReneSola, a leading fully-integrated solar power project developer and provider of energy-efficient products, […] Read more
Kochi Metro System to Get 25 Percent of its Power from Rooftop Solar Updated On Mon, Jul 10th, 2017 by Saurenergy The cumulative capacity of rooftop solar power systems will be 4 megawatts and are likely to be partially operational by October this year. Kochi Metro, recently launched in the Indian state of Kerala, will get a quarter of its total electric supply from rooftop solar power systems. This makes the Kochi Metro project unique as […] Read more
IFC Invests Rs 667 Crore in L&T Infrastructure for Solar Power Projects Updated On Fri, Jul 7th, 2017 by Saurenergy L&T Infrastructure Finance Co will use the fund to provide loan to solar power projects across India. The World Bank’s private financing arm IFC has invested Rs 667 crore ($103 million) in L&T Infrastructure Finance Co by subscribing to the first official Green Bonds in India, as stated in a joint statement by both the […] Read more
SimpliPhi Energy Storage to be featured at Intersolar Solar Winery and Microgrid Tour Updated On Thu, Jul 6th, 2017 by Saurenergy The AccESS and full line of SimpliPhi non-toxic energy storage solutions will be in the SimpliPhi Booth #8031 at Intersolar North America, held at the San Francisco Moscone Center from July 11-13, 2017. SimpliPhi Power’s non-toxic energy storage technology is operational at the Stone Edge Farm Microgrid project, which is part of the official Intersolar […] Read more
Piramal Finance Introduces ‘Flexi Line of Credit’ for Renewable Energy, Sanctions an Additional Rs. 700cr to ACME Solar Updated On Thu, Jul 6th, 2017 by Saurenergy Piramal Finance Limited (PFL) had first invested Rs. 499 Cr with ACME in July 2016, together with its partner APG. Piramal Enterprises, through its subsidiary Piramal Finance Limited (PFL), sanctioned an additional Rs.700Cr to ACME Solar Holdings Limited. The deal was made through Corporate Finance Group (“CFG”) of Piramal Finance Limited by introducing a new […] Read more
Rays Power Infra commissions 5.5 MWp Solar PV project in Karnataka Updated On Wed, Jul 5th, 2017 by Saurenergy “Rays Power Infra Pvt. Ltd. has done the complete design, engineering, civil work, Installation process, testing and commissioning of the Solar PV project.” Rays Power Infra has announced that it has successfully completed a 5.5 MWp Solar PV equity project in Karnataka. The project execution work was started in October’2016 while the project was commissioned […] Read more
