Soon 20% of all C&I Solar Systems in India Will be Grid-Tied: Report Updated On Fri, Jul 24th, 2020 by Saurenergy Increasing electricity demand and rising grid tariffs for commercial and industrial (C&I) customers are driving business users to rooftop solar, which is not only cleaner and cheaper but also gives them tariff certainty for 25 years. In ‘Powering up Sunshine – Untapped Opportunities in India’s Rooftop Solar Market’, a new report from JMK Research & Analytics […] Read more
AP Govt Seeking Private Investments for Large Scale RE Projects Updated On Thu, Jul 23rd, 2020 by Saurenergy The Andhra Pradesh government has formulated a comprehensive policy to promote private investments in the renewable energy (RE) sector The Andhra Pradesh government has formulated a comprehensive policy to promote private investments in the renewable energy (RE) sector, as the state is looking to exploit its immense potential to produce solar and wind power. As reported […] Read more
Guidelines Issued for Implementation of Off-Grid Solar Plants in RESCO Mode Updated On Thu, Jul 23rd, 2020 by Saurenergy MNRE has issued the final guidelines for the implementation of off-grid solar power packs/ plants in RESCO mode and model PPA. In reference to its previous order issued in April 2020 for issuing extension of off-grid and decentralized solar PV applications programme –Phase III till March 31, 2021, the Ministry of New and Renewable Energy […] Read more
MNRE Slashes Benchmark Costs for Rooftop Solar Installations Updated On Thu, Jul 23rd, 2020 by Saurenergy MNRE has issued a notification with the latest benchmark costs for the installation of new grid-connected rooftop solar PV systems in FY 2020-2021. The Ministry of New and Renewable Energy (MNRE) has issued a notification with the latest benchmark costs for the installation of new grid-connected rooftop solar PV systems for the present financial year […] Read more
Fourth Partner Energy Raises Rs 112 Cr From Zurich-Based responsAbility Updated On Thu, Jul 23rd, 2020 by Saurenergy Fourth Partner Energy (FPE) has announced that it has raised roughly Rs 112 crore in debt funding from Zurich-based asset manager responsAbility. Hyderbad-based clean energy firm Fourth Partner Energy (FPE) has announced that it has raised roughly Rs 112 crore (USD 15 million) in debt funding from Zurich-based asset manager responsAbility. The latest infusion is […] Read more
Bid Extension for Tender for 10 MW Solar Projects in Jaipur Updated On Wed, Jul 22nd, 2020 by Saurenergy SECI has notified that the bid submission deadline for its tender for setting up of 10 MW grid-connected solar PV power project in Jaipur has been extended. The Solar Energy Corporation of India (SECI) has notified that the bid submission deadline for its tender, for the selection of Solar Power Developers (SPDs) for setting up […] Read more
SECI to Conduct Virtual Pre-Bid Meeting for 1070 MW Solar Tender Updated On Wed, Jul 22nd, 2020 by Saurenergy SECI will be conducting the pre-bid meeting for its tender for setting up of 1070 MW solar PV projects in Rajasthan through video conferencing. The Solar Energy Corporation of India (SECI) has announced that it will be conducting the pre-bid meeting for its tender (RfS) for setting up of 1070 MW Grid-connected Solar PV Projects […] Read more
Vikram Solar Signs MoU to set up 3 GW Manufacturing Facility in Tamil Nadu Updated On Wed, Jul 22nd, 2020 by Saurenergy Vikram Solar intends to set up a 3 GW solar manufacturing facility in Tamil Nadu, after it signed a Memorandum of Understanding with the state government. Kolkata-based solar energy module manufacturer and solutions provider – Vikram Solar has announced that it is planning to set up a 3-gigawatt (GW) solar manufacturing facility in Tamil Nadu, after it […] Read more
Electricity Demand in India to Shrink by 5-6% in FY21 due to COVID: ICRA Updated On Tue, Jul 21st, 2020 by Saurenergy With the re-imposition of lockdown restrictions in many parts across the country, the all India electricity demand is likely to decline by 5 to 6% in FY2021 With the re-imposition of lockdown restrictions in many parts across the country, the all India electricity demand is likely to decline by 5 percent to 6 percent in […] Read more