Andhra Solar Park Projects Saw Lowest Bid at Rs 2.7 Per Unit Updated On Mon, Jul 9th, 2018 by Saurenergy Although the real auction took place last week, the reverse auction for 2,000 MW capacity discovered tariff of Rs 2.44 per unit. Under the reverse auction process, the companies backed by the financers from around the globe have seized the tenders to build 750 MW of solar power projects in Kadapa in Andhra Pradesh. The […] Read more
Solar, Wind Provide Almost 50% of Electricity Globally by 2050, says Report Updated On Sat, Jul 7th, 2018 by Saurenergy The report further added that, “By 2050, we expect only 29 percent of the electricity production worldwide to result from burning fossil fuels, down from 63 percent today.” The solar and wind technology will account for almost half of the total electricity globally, according to the Bloomberg New Energy Finance (BNEF). Of this, hydro, nuclear […] Read more
Adani Solar Recognized Globally for its Durability and Reliability Updated On Sat, Jul 7th, 2018 by Saurenergy Developers and investors should be aware that not all manufacturers have their modules tested for quality and reliability to vouch for their product lifetime. In a recent report released by DNV GL, the solar manufacturing arm of Adgroup, Mundra Solar PV Limited has emerged as the only Indian company to feature in the fourth annual […] Read more
Vivint Solar Hires Miranda Barnard as Vice President of Marketing Updated On Fri, Jul 6th, 2018 by Saurenergy Barnard brings with her more than 15 years of experience specializing in content marketing and communications, having worked extensively with agencies and in-house marketing teams. US based residential solar solutions provider Vivint Solar has appointed Miranda Barnard as Vice President of Marketing. In this role, Barnard will oversee the company’s marketing activities and branding […] Read more
PROINSO, Joules Power to Build First Utility-Scale Solar Project in Bangladesh Updated On Wed, Jul 4th, 2018 by Saurenergy The project is located in Teknaf, a sub-district of Cox’s Bazar, in the Division of Chittagong. It forms the southernmost point of mainland Bangladesh and has a population of over 200,000. In a first of its kind in the country, PROINSO, a global energy supplier, has commissioned a 28MWp utility-scale project in Bangladesh. PROINSO UK […] Read more
Honda Installs Solar Energy System at its American Motor Campus Updated On Fri, Jun 22nd, 2018 by Saurenergy The installation, standing at 2.0 MW direct current, is Honda’s one of the largest on-sight renewable energy installations anywhere in the world. Adding to the move of shifting from conventional source of energy to green energy, Honda in US has started a solar energy system at the American Honda Motor campus in Torrance, Calif. The […] Read more
EDF Renewables, PGGM Ink Pact on Solar, Wind Projects in US Updated On Fri, Jun 22nd, 2018 by Saurenergy As per the deal, PGGM Infrastructure Fund will acquire 50 percent ownership interest in all the four projects and the total capacity of the portfolio of projects is 588 MW. Independent Power Producer (IPP) EDF Renewables has inked the Purchase and Sale Agreements (PSA) with PGGM Infrastructure Fund for its Red Pine Wind, Rock Falls Wind, Switch […] Read more
MNRE Extends Commissioning Date of GST Affected Solar Projects Updated On Thu, Jun 21st, 2018 by Saurenergy The extension to the project developers was provided by the Solar Energy Corporation of India (SECI), National Thermal Power Corporation (NTPC), and other implementing agencies. After the frictions faced by multiple developers due to the imposition of Goods and Services Tax (GST) and other related issues, the Ministry of New and Renewable Energy has issued […] Read more
Govt. Extends Deadline for Completion of Solar Power Projects Updated On Wed, Jun 20th, 2018 by Saurenergy Earlier, the deadline for commissioning projects was 15 months with a relaxation of one year for land acquisition delays. The solar power projects that have been bid out under the tariff-based reverse auctions are given extension in their deadlines by the Ministry of Power. The relaxations have been offered under the amendment to the guidelines […] Read more
