Fotowatio Renewable Ventures Raises $29 Million from IFC to Fund 100 MW Solar Power Projects in Andhra Pradesh Updated On Sat, Apr 29th, 2017 by Saurenergy The Company is building two solar power projects of 50MW each in Andhra Pradesh. The cost of the project is estimated at $119 million which will be funded through a mix of 75 per cent debt and 25 per cent equity. Fotowatio Renewable Ventures (FRV) has raised $29 million (~Rs.1.86 billion) in non-convertible debentures (NCDs) […] Read more
BHEL commissions 3 MW Solar Power Plant in Dadra and Nagar Haveli Updated On Fri, Apr 28th, 2017 by Saurenergy Bharat Heavy Electricals Ltd has developed the 3 megawatt solar power project on a turnkey basis for Dadra and Nagar Haveli Power Distribution Corporation Ltd. State-owned power sector equipment manufacturer Bharat Heavy Electricals Ltd. has commissioned a 3 MW solar power plant in the union territory of Dadra and Nagar Haveli. BHEL told ET that […] Read more
Azure Power and Hareon Solar Forms Joint Venture to Develop 118 Mw Solar Power Project in Telangana Updated On Fri, Apr 28th, 2017 by Saurenergy Hareon Power Singapore Limited, the Singapore subsidiary of Hareon Solar will be collobarating with Azure Power to develop 118 MW solar power project in Telangana. Hareon Solar Technology Co., Ltd. will be partnering with Azure Power Global Limited to develop a 118 MW solar power project in India. Hareon will be investing through its Singapore […] Read more
Solar Mounting Structures: Racking Matters Updated On Thu, Apr 27th, 2017 by Saurenergy Globally, solar installations have been growing at an impressive pace. A large share of growth has been contributed from India, and with 100GW of target by 2022 in its hand, India is on the verge of becoming the world’s biggest solar nation. Continuous reduction in the solar system prices with respect to higher grid rates […] Read more
Jharkhand Yet to Sign PPAs for 1.1 GW of Solar Updated On Thu, Apr 27th, 2017 by Saurenergy The differences on the quoted tariff have halted the signing of the PPA for 1.1 GW solar power project between the state distribution company (DISCOM) and developers in Jharkhand. In Jharkhand, power purchase agreements (PPAs) for 1.1 GW of solar projects that were auctioned in March of 2016 (LoIs signed May 2016) are yet to […] Read more
Chhattisgarh Solar Energy Policy Updated On Thu, Apr 27th, 2017 by Saurenergy OBJECTIVE To encourage, develop and promote solar power generation in the State with a view to meet the growing demand for power in an environmentally and economically sustainable manner. To enhance the private sector participation in solar power generation. To create a favorable environment for development of solar manufacturing capabilities within the State. To contribute […] Read more
Jammu and Kashmir Solar Energy Policy Updated On Thu, Apr 27th, 2017 by Saurenergy Jammu and Kashmir Solar Energy Policy Updates 2017 The solar rooftop projects aggregating 450MW will be installed in the state by 2022 has been approved by the state cabinet of Jammu & Kashmir as per the solar rooftop policy 2016 to be followed for a 10-year period implemented in accordance with the provisions of Jammu […] Read more
Tamil Nadu Solar Energy Policy Updated On Wed, Apr 26th, 2017 by Saurenergy Tamil Nadu Solar Energy Policy Updates 2017 Tamil Nadu became the 21st state to join the UDAY program in January 2017. Distribution company debt of Rs. 304.2 billion (~$4.48 billion) will be taken over by the state government. The Tamil Nadu Electricity Regulatory Commission (TNERC) has fixed Rs. 4.50 (~$0.066)/kWh as the new benchmark tariff […] Read more
Canadian Solar Supplies 10 MW of PV Modules to Soroti Photovoltaic Solar Plant in Uganda Updated On Wed, Apr 26th, 2017 by Saurenergy The Soroti Photovoltaic solar plant consists of 32,000 pieces of Canadian Solar high-efficiency poly panels. Canadian Solar has announced that the company has supplied 10 MW of PV Modules to Soroti Photovoltaic Plant in Uganda. The solar project is the largest of its kind in East Africa and was officially inaugurated at the end of […] Read more
