TNERC announces new solar power tariff Updated On Fri, Apr 1st, 2016 by Saurenergy The Tamil Nadu Electricity Regulatory Commission (TNERC) has passed comprehensive tariff order on Solar Power which comes into force from 1st April this year. The tariff works out to Rs.5.10 per unit for Solar PV projects and Rs.11.12 per unit for Solar Thermal projects without AD benefit. The AD benefit component of the tariff is […] Read more
SECI to set up grid connected 100 MW Solar PV projects across Chhattisgarh Updated On Wed, Mar 30th, 2016 by Saurenergy Solar Energy Corporation of India (SECI) on “Build Own Operate” basis is setting up grid connected 100 MW Solar PV projects under JNNUSM across Chhattisgarh claims a report. According to The Pioneer SECI will enter into Power Purchase Agreement (PPA) with the bidders to purchase solar power for a period of 25 years. Chhattisgarh Renewable […] Read more
USAID, ADB signs MoU to develop solar parks across India Updated On Tue, Mar 29th, 2016 by Saurenergy The US Agency for International Development (USAID) and Asian Development Bank has signed Memorandum of Understanding (MoU) on Monday for providing Rs 5,681 crore ($848 million) in funding to develop solar parks across India. Under the MoU USAID will align the technical resources of two of its programs to support ADB’s investments in the development […] Read more
Oman’s AER to encourage local homeowners to install solar arrays on their rooftops Updated On Mon, Mar 28th, 2016 by Saurenergy Oman’s Authority for Electricity Regulation (AER) will encourage local homeowners to install solar arrays on their rooftops. Qais Al-Zakwani, executive director of the Authority for Electricity Regulation on Monday said Authority will introduce a programme that will encourage households to install solar arrays and feed the power into the national grid. AER reviewing minimum technical […] Read more
Canada’s Suncor submits proposal to build three 80 MW solar PV farm Updated On Fri, Mar 25th, 2016 by Saurenergy Canada’s largest oil sands producer Suncor has submitted a proposal to the Alberta Electric System Operator to build three 80 MW solar PV farms in the state. This is the first time that the company is foraying into solar energy. The proposal from the firm includes sum of 240MW solar PV plants in the stand […] Read more
ACME wins 75 MW project in Jharkhand Updated On Wed, Mar 23rd, 2016 by Saurenergy ACME India has announced that it has expanded its solar power projects portfolio to 1229 MW with the latest addition of 75 MW project in Jharkhand. The financial bid from ACME for the tariff of Rs. 5.73 (25 MW) and 5.48 (50 MW) for 25 years was announced during the final bids opening by Jharkhand […] Read more
SunEdison finds difficult to get buyers for its projects in India Updated On Wed, Mar 23rd, 2016 by Saurenergy US-based renewable energy company SunEdison is finding it difficult to attract buyers for its projects in India. The company failed to sell its 1,480 megawatt (Mw) Indian portfolio to Macquarie Capital, which may affect the valuation of the projects that is estimated by the market at Rs 7,600 crore. According to Business Standard Adani Power […] Read more
American financial institution to allocate $421 million to India for solar, internet projects Updated On Tue, Mar 22nd, 2016 by Saurenergy American financial institution to allocate $421 million to India for its solar and broadband projects reports PTI. It will enable the country to become a low carbon economy and expand the internet infrastructure. Last week US Government’s development finance institution, Overseas Private Investment Corporation (OPIC), sanctioned $250million to subsidiaries of ReNew Power Ventures Private Limited […] Read more
Tata Power Solar commissions a 4.8 MW solar power plant for Rajaram Maize Products Updated On Mon, Mar 21st, 2016 by Saurenergy Tata Power Solar, an integrated solar company has commissioned a 4.8 MW solar power plant for Rajaram Maize Products (a leading player in the starch and glucose manufacturing segment in India) to meets its entire power requirement through renewable energy. The solar power plant spread across 22 acres at Rajnandgaon district in Chhattisgarh was set […] Read more
