India Beholds Lowest-Ever Solar Tariff Rates in MP’s 35MW Solar Rooftop Tender Updated On Wed, Aug 29th, 2018 by Saurenergy MPUVNL tender for 35 MW grid-connected rooftop solar power project was rolled out under global Renewable Energy Service Company (RESCO) tenders with participation from 31 reputed developers. India witnessed a breakthrough in solar industry in the form of lowest-ever tariff rate of Rs. 1.58 per unit of power bid in Madhya Pradesh’s 35 MW solar […] Read more
MNRE Seeks Upper Ceilings for Solar Tariffs Updated On Wed, Aug 29th, 2018 by Saurenergy MNRE has asked the Solar Energy Corporation of India to follow the ‘maximum permissible tariff rule’ for capping the solar tariffs at Rs. 2.5 and Rs. 2.6 per unit respectively for both categories. Ministry of New and Renewable Energy (MNRE) has sought on the recommendations of advisers of National Solar Mission (NSM) an upper ceiling […] Read more
Facebook: Commits 75% Lower Emissions, Power 100% Renewable Energy by 2020 Updated On Tue, Aug 28th, 2018 by Saurenergy In a record-breaking year of corporate renewable energy purchases, Facebook is on track to be one of the largest corporate purchasers of renewable energy. Social media giant Facebook has committed to reduce its greenhouse gas emissions by 75 percent and powering its global operations with 100 percent renewable energy by the end of 2020. In a record-breaking year […] Read more
Renew Power Commissions 126 MW of First Reverse Wind Auction in India Updated On Tue, Aug 28th, 2018 by Saurenergy ReNew Power’s this project is part of the country’s first wind power reverse auction concluded by Solar Energy Corporation of India Limited (SECI) in February 2017 under the 1000 MW Inter-State Transmission System (ISTS). India’s one of the leading renewable energy IPP, ReNew Power has successfully commissioned Phase 1 (126 MW) of its 250 MW […] Read more
HC Stays Wind Power Tariff Reduction by APERC Updated On Fri, Aug 24th, 2018 by Saurenergy The ‘tariff reduction’ order is seen making the financial procedures of the wind power generators a cumbersome process. Coming as a relief for the clean energy players, Andhra Pradesh High Court has stayed an Andhra Pradesh Electricity Regulatory Commission’s order reducing tariffs of the wind power projects that received generation based incentives (GBI) from the […] Read more
India’s First ISTS connected Wind Power Project Commissioned Updated On Fri, Aug 24th, 2018 by Saurenergy Government’s plan of 175 GW RE by the year 2022 Solar Energy Corporation of India Limited (SECI) conducted India’s first auction of wind power projects in February 2017 in which tariff of Rs. 3.46 was discovered, which was much lower than feed in tariffs in vogue those days. This was a 1000 MW bid for […] Read more
REC Group Makes Comeback in India with RESCO’s 45MW Solar Order Updated On Thu, Aug 23rd, 2018 by Saurenergy Order winner, REC Group has planned to showcase its breakthrough technologies in the upcoming Renewable Energy India Expo (REI Expo). European solar photovoltaic (PV) panel provider in India, REC Group has clocked major orders in the rooftop RESCO segment in the month of June and July. The total orders combined for the three-leading solar EPC […] Read more
Toyota Plant, India Gets 68% Power from Renewable Energy Updated On Thu, Aug 23rd, 2018 by Saurenergy Out of Toyota plant’s total need of 83 million units around 56 million units are obtained from solar and wind energy either from within the plant or from external sources. Japan’s Toyota Motors has declared its plant in Bidadi as its greenest plant in the world, fetching a big chunk of its power requirement from […] Read more
India to Overachieve 175 GW Renewable Energy Target: UBM MD at REI Pre-Expo Press Meet Updated On Wed, Aug 22nd, 2018 by Saurenergy Asia’s leading renewable energy Expo ‘REI Expo’ is expected to attract participation of around 45 countries and 750+ exhibitors in the field of renewable energy. Global B2B event organizer, UBM held a pre-expo press briefing underlining the know-how of the Renewable Energy India Expo (REI Expo)scheduled for September 18th-20th, 2018. Asia’s most leading renewable energy […] Read more