NTPC Postpones 2 GW Solar Auction Citing Opposition to Safeguard Duty Updated On Tue, Aug 7th, 2018 by Saurenergy The NTPC put-off on the auction process was prompted by the concerns of bidders over the impact of safeguard duty on imports on their present financial frameworks. State-run National Thermal Power Corporation (NTPC) has postponed a 2000 MW solar tender for a week citing developers’ dissent over the 25 percent safeguard duty imposed on solar […] Read more
Ind-Ra Upgrades Mytrah Energy from ‘IND-BBB’ to ‘IND-A’ Updated On Mon, Aug 6th, 2018 by Saurenergy The rating agency has upgraded Mytrah’s long-term credit rating from ‘BBB’ TO ‘A-‘ and short term rating from ‘A3’ to ‘A2+’. A leading wind energy service provider in India, Mytrah Energy (MEIPL) has received a higher credit rating from the chief market analyst India Ratings and Research (Ind-Ra). The rating agency has upgraded Mytrah’s long-term […] Read more
Atlanta’s Georgia Power Plans to add 100MW of Solar Power Production Updated On Mon, Aug 6th, 2018 by Saurenergy The plan to increase the renewable energy capacity falls under Georgia Power Renewable Energy Development Initiative. Atlanta’s Georgia Power is aiming to add to its renewable energy portfolio another production capacity of 100 MW solar power. The Atlanta’s Journal Constitution stated that the company is looking for the solar energy facilities interested to sell stakes […] Read more
Dwarka Gets Delhi’s Largest Residential Rooftop Solar Plant Updated On Mon, Aug 6th, 2018 by Saurenergy The four societies which together house around 2000 residents and has 450 flats in Dwarka, will be the first ever project in on a large scale after IP Extension’s Milan Colony to have its own solar power plant. Delhi’s first large scale residential rooftop solar power plant has been sanctioned for four societies in Dwarka sub city. […] Read more
MNRE Appeals Exclusion of Solar Projects under Execution from Safeguard Duty Updated On Mon, Aug 6th, 2018 by Saurenergy The ministry has put up an urge to exclude projects bid out before 31st July as the safeguard duty came into effect on July 31st. The Ministry of New and Renewable Energy (MNRE) has urged the Finance Ministry to exempt solar projects under implementation from the 25 percent safeguard duty on solar goods from China […] Read more
Standard Solar Completes Construction of 9.8 MW Solar Project in Gallup Updated On Sat, Aug 4th, 2018 by Saurenergy Standard Solar project is expected to save Gallup exchequer around USD 0.7 million in the first 8 years of operation. Rockville based solar energy company, Standard Solar has completed the 9.8 MW solar farm project in Gallup of New Mexico. Significantly, the 31 acres Standard Solar’s project is expected to save Gallup exchequer around USD […] Read more
Utah’s Vivint Solar to Bring Low-Cost Solar Panels to Illinois Updated On Fri, Aug 3rd, 2018 by Saurenergy Marking the company’s first expansion into the Midwest region, Vivint Solar plans to create over 100 jobs in the state within the year. Utah based residential solar solutions provider, Vivint Solar plans to expand availability of its affordable residential solar energy systems into Illinois, with services beginning in the greater Chicago area. Marking the company’s […] Read more
MNRE Benchmarks Costs for Rooftop Solar PV Tenders Updated On Fri, Aug 3rd, 2018 by Saurenergy The new costs have been drawn on the basis of inputs from the industry associations and players. Keeping in view the present situation of the auctions for solar PV projects, Ministry of New and Renewable Energy (MNRE) has worked out benchmark costs for the rooftop solar PV tenders ranging up to 500 kWp. The new […] Read more
Farmers Get Subsidy up to 30% for Installing Solar Water Pumps: MNRE Updated On Fri, Aug 3rd, 2018 by Saurenergy Till now over 1.85 lakh solar water pumps have been reported installed in the country under the MNRE Programme. In a written reply to a question in Lok Sabha, Union Minister of State (IC) Power and New & Renewable Energy (MNRE), R K Singh mentioned that the ministry is providing subsidy up to 30% of […] Read more
