India May Not Achieve 100 GW Target by 2022: Report Updated On Thu, May 17th, 2018 by Saurenergy The current bidding environment in India is ‘irrationally aggressive’. Around 70% of the total respondents were of the opinion that the aggressive nature of bidding, that lowered tariffs for wind and solar energy to Rs 2.43 and Rs 2.44 per unit respectively, is not feasible for the growth. The target of adding 175 GW of […] Read more
Six Bidders Win 1 GW Floating Solar Project for Ujjani Dam Updated On Wed, May 16th, 2018 by Saurenergy These players won the contract for different capacities at tariffs of Rs 2.71 and Rs 2.72 per unit. Mahadiscom Maharashtra State Electricity Distribution Company Ltd (MSEDCL) has awarded the 1 GW of floating solar capacity on the Ujjani Dam to six bidders, including Tatas, Azure Power and Acme Solar out of twenty-five bidders. These players won the contract […] Read more
NavSemi Technologies Now Becomes Alpha Tech Energy Solutions India Updated On Wed, May 16th, 2018 by Saurenergy The company’s move is part of an initiative to better reflect its connection to its parent company Alpha Technologies, Inc. USA. Bangalore-based solar energy equipment supplier NavSemi Technologies Private Limited has changed its name to Alpha Tech Energy Solutions India Private Limited. The company’s move is part of an initiative to better reflect its […] Read more
Rebate for Solar Power Hoardings in Mumbai Updated On Wed, May 16th, 2018 by Saurenergy According to BMC guidelines the advertisements on display boards that are illuminated with solar energy will get 10% of discount on fees for the first year of its display. In a revamped policy, Brihanmumbai Municipal Corporation (BMC) has issues draft guidelines for advertisement and sky line display in the city. BMC has sought suggestions from […] Read more
Solar Power Project Developers Urge MNRE to Defer Auctions Updated On Mon, May 14th, 2018 by Saurenergy The non-issuance of rules and regulation related to the Inter-State Transmission System (ISTS) and General Network Access has worried developers. It has also caused uncertainty over grid connectivity for the renewable projects in the country. The lingering issue of transmission has prompted solar project developers to urge Ministry of New and Renewable Energy (MNRE) to […] Read more
TEDA Seeks Bids for Solar Parks in Tamil Nadu Updated On Fri, May 11th, 2018 by Saurenergy TEDA has set three objectives for development of solar parks in the state such as develop quality infrastructure for solar energy, bring appropriate technology to achieve optimum efficiency, and achieve energy security in the state of Tamil Nadu. Riding on the ‘Vision Tamil Nadu 2023’ for renewable energy and the renewable energy purchase Obligations (RPO) […] Read more
Tariffs Drop at NTPC’s Solar Auction Updated On Thu, May 10th, 2018 by Saurenergy All the winners include Sprng Energy, Ayana Renewable Power, and SB Energy Solar. The winners at the auction got 250 MW each. In a 750 MW auction conducted by NTPC for projects at Ananthapuram Solar Park in Andhra Pradesh the tariffs fell to Rs 2.72-2.73 per unit. All the winners include Sprng Energy, Ayana Renewable Power, […] Read more
ReNew Power to Acquire Five Renewable Energy Firms for Rs 6,000 cr Updated On Thu, May 10th, 2018 by Saurenergy The transaction is expected to be completed by September this year. Gurgaon based ReNew Power is mulling to buy five renewable energy companies in the solar and wind energy space, with combined capacity of nearly 680 MW for about Rs 6,000 crore. Moreover, the transaction is expected to be completed by September this year. Also, […] Read more
Lucknow University Shifting From Conventional to Solar Power Updated On Wed, May 9th, 2018 by Saurenergy The Lucknow University has signed a memorandum of understanding (MoU) with HFM Solar Power for installation, engineering, production and maintenance of solar power in the university. Shifting completely form conventional source of energy to solar power, Lucknow University has decided to install the solar power facility on both of its campuses. The Lucknow University has […] Read more