MNRE issues guideline Tariff Based Competitive Bidding Process to increase affordability of Solar Power Updated On Mon, Aug 28th, 2017 by Saurenergy The guideline for Tariff Based Competitive Bidding Process has been issued by MNRE under the provisions of Section 63 of the Electricity Act, 2003 for long term procurement of electricity by the ‘Procurers’ Ministry of New & Renewable Energy (MNRE) has issued Guidelines for tariff based competitive bidding process for procurement of power from grid connected […] Read more
MAHAGENCO Invites Bids For 200 MW Solar Plant Updated On Sat, Aug 26th, 2017 by Saurenergy Maharashtra State Electricity Generation Company has invited bids of 50 MW each to be developed across the western, western/northern, Vidarbha and the Marathwada regions of the state to in public private partnerships. As a part of its plan to set up 2,500-mw solar capacity over the next five years, the state- run generation company Mahagenco […] Read more
Bosch Offers Solution That is Equivalent to Powering 5000 Urban Households Updated On Wed, Aug 23rd, 2017 by Saurenergy The Bosch team has leveraged its strong design and engineering expertise in innovating solutions for the solar PV plant, along with New Mangalore Port Trust and the SECI to realize this solar project. Bosch Limited, a leading supplier of technology and services, has commissioned a 4 MW solar project for the New Mangalore Port Trust […] Read more
Government’s New Solar Norms Prevents DISCOMSs from Terminating PPAs Updated On Wed, Aug 23rd, 2017 by Saurenergy The solar guidelines, laid down by the renewable energy ministry, prevent DISCOMs from unilaterally amending or terminating PPAs. India has announced new norms to improve bankability of solar power projects and boost investments without raising tariff, even as the International Renewable Energy Agency (IRENA) said the country can raise renewable energy use to meet a […] Read more
MNRE Drafts New Guidelines on Solar Power Procurement Updated On Wed, Aug 23rd, 2017 by Saurenergy Prepared by the MNRE, the new guidelines cover the grid-connected solar PV power projects with a size of 5 mw and above, and will help in reducing off-takers’ risks, encourage investments, enhance bankability of projects and improve profitability for investors. The government has implemented new rules for buying power from grid-linked solar power projects through […] Read more
SolAmerica Energy Partners with MTU America to Launch New Solar Array with SCE&G Updated On Mon, Aug 21st, 2017 by Saurenergy The solar project will generate energy income for MTU America through a Bill Credit Program with South Carolina Electric & Gas (SCE&G), and was financed under an agreement with Key Equipment Finance, a division of KeyBank. MTU America (a subsidiary of Rolls-Royce) held a ceremony on August 9, 2017 in Graniteville, South Carolina, to celebrate […] Read more
IBC SOLAR signs PPA with SECI for a 20 MW AC solar power plant in Odisha Updated On Mon, Aug 21st, 2017 by Saurenergy The project is part of 270 MW AC PV tender in the state of Odisha and was assigned to IBC SOLAR through a competitive bidding process during 2016. The PV system is planned to be put into operation by late 2017. IBC SOLAR AG has signed a Power Purchase Agreement (PPA) for a 20 MW […] Read more
SolarReserve Signs Agreement with South Australian Government for 150MW Solar Thermal Project with Energy Storage Updated On Sat, Aug 19th, 2017 by Saurenergy The first of its kind in Australia, the Aurora Solar Energy Project will utilize SolarReserve’s leading solar thermal technology with integrated molten salt energy storage. SolarReserve has signed a long-term Generation Project Agreement (GPA) to build a 150 megawatt solar thermal power station with 8 hours of energy storage near the town of Port Augusta, […] Read more
India’s Overemphasis on renewable energy would affect thermal power projects: CEA Updated On Fri, Aug 18th, 2017 by Saurenergy “Rapid changes in technology are promising to help realize the promise of renewables. This is an eminently desirable development and one that India is attempting both to benefit from and accelerate. At the same time, these changes need to be seen in the context of India’s current economic situation and its enormous endowments of coal […] Read more
