CERC Rejects SECI Plea For Adopting Tariffs for 150 MW Rihand Floating Solar Project Updated On Mon, Apr 19th, 2021 by Saurenergy The floating solar project at Rihand Dam, where SECI, as the nodal agency had duly completed the auction process to arrive at a price of Rs 3.29 /unit looks set to be further delayed with the central regulator, Central Electricity Regulatory Commission rejecting the tariff adoption plea. The project has been widely touted as India’s […] Read more
CESC Seeks Solar Power Suppliers To Meet RPO Obligations Updated On Mon, Apr 19th, 2021 by Saurenergy CESC, the privately owned discom and power generator that is entrusted with managing power for the city of Kolkata in West Bengal, has advertised for its April to October renewable purchase requirements. RPO’s are considered key to driving demand for solar power, enabling the sector’s expansion. In fact, even as CESC has advertised for its […] Read more
MERC Clarifies That Green Energy Tariff To Be Treated As Tariff Income In Mumbai Updated On Fri, Apr 16th, 2021 by Saurenergy The Maharashtra Electricity Regulatory Commission, has issued an ‘Errata’ order for its earlier order (case 134 of 2020 on March 22) allowing Tata Power company (TPC-D), one of the three Mumbai discoms, to provide ‘green tariff at a 66 paise premium to customers. The new order makes it clear that the premium being charged for […] Read more
GIP’s Indian Arm Vector Green Gets CRISIL AAA Rating for Solar Portfolio Updated On Thu, Apr 15th, 2021 by Saurenergy Vector Green Energy, the Indian renewables platform wholly owned by fund manager Global Infrastructure Partners (“GIP”) in India, has been awarded the highest rating of ‘AAA/stable’ by credit rating agency CRISIL for a group of its solar power generating plants (Restricted group). A AAA rating implies the highest safety and lowest credit risk for any […] Read more
At ₹3.85, CERC Approves 7% Hike in APPC for Open Access Solar in 2020-21 Updated On Thu, Apr 8th, 2021 by Saurenergy In its order notified last week, the Central Electricity Regulatory Commission (CERC) has set the national Average Power Purchase Cost (APPC) for open access at ₹3.85/kWh. This implies that for wind or solar generators that are regional entities and selling power under open access, which is not accounted for RPO compliance of obligated entities, and […] Read more
LONGi Signs up for Green Hydrogen With Special Unit Updated On Wed, Apr 7th, 2021 by Saurenergy LONGi Green Energy, the largest solar manufacturer globally, has gone ahead and incorporated a business unit in March to explore and get in early into the green Hydrogen market. LONGi has a targeted manufacturing capacity of 40 GW in modules, 20 GW in cells, and mono ingots at 65 GW. The move by LONGi really […] Read more
Radiance Renewables Acquires 152 MW Solar Rooftop Assets of Azure Power Updated On Mon, Apr 5th, 2021 by Saurenergy Radiance Renewables, a player in the competitive renewable energy solutions for commercial, industrial and residential customers has announced an agreement to acquire the solar rooftop assets of Azure Power Global Limited for Rs 536.5 crore covering 152.5 MW including 8.1 MW of under construction and 18.5 MW of recently commissioned assets. Radiance is a 100% […] Read more
RERC Invites CSR Funding to Energise Schools in Rajasthan With Solar Updated On Thu, Apr 1st, 2021 by Saurenergy In a follow up to its draft order issued on February 10, regarding provision of solar plants at schools that are off grid or have very poor grid connectivity, the Rajasthan Electricity Regulatory Commission (RERC), in an order on March 25, has responded to suggestions as well as queries from stakeholders. The order has followed […] Read more
Maharashtra Seamless Goes Green With 21 MW Solar Plant from Waaree Updated On Fri, Mar 26th, 2021 by Saurenergy Waaree Energies, India’s largest solar module manufacturer and a leader in the EPC segment, has announced the commissioning of 21 MWp ground-mounted solar project in Solapur, Maharashtra. The open access project was executed for Maharashtra Seamless Ltd for captive consumption. This plant is developed to help MSL achieve its endeavor to go carbon neutral. Developed […] Read more
