Azure Power Reaches New Milestone; Crosses 2 GW Solar Portfolio Updated On Tue, May 22nd, 2018 by Saurenergy As per the tender terms, the company will sign a 25 year Power Purchase Agreement (PPA) with Mahagenco at a tariff of Rs 3.07 (~US 4.7 cents) per kWh. Yet adding another feather in the cap, Indian solar power producer, Azure Power, has enhanced its portfolio by crossing the 2 GW milestone by winning four […] Read more
Azure Power Wins 130 MW Solar Power Project in Maharashtra Updated On Fri, May 18th, 2018 by Saurenergy At the tariff rate of Rs 2.27 per KW Azure Power will sign a Power Purchase Agreement (PPA) with MSEDCL for 25 years. The project is expected to be commissioned in 2019 and will be developed by Azure Power outside a solar park. In a recent auction by Maharashtra State Electricity Distribution Company Limited (MSEDCL), […] Read more
Canadian Solar Expands Footprint to S. Korea; Gets Exclusive Rights for PV Proj in Gangwon Updated On Tue, May 15th, 2018 by Saurenergy The construction of the project is expected to kick off in early next year. Publicly traded solar PV modules maker Canadian Solar has expanded its footprints to South Korea by acquiring exclusive rights to develop an 8 MWp solar photovoltaic (PV) project in Gangwon Province. Further, this is the company’s first solar power project in […] Read more
SECI Invites Bids for Aggregating 3.37 GW Solar Power Projects across India Updated On Mon, Apr 30th, 2018 by Saurenergy The bunch of projects includes setting up of 2,000 MW (250 MW x 8) ISTS-connected solar power projects in India on build own operate basis. The Solar Energy Corporation of India (SECI) has invited proposals for selection of solar power developers for the installation of aggregating 3.375 GW solar PV projects on pan India basis. […] Read more
Mahindra Renewables gets Rs 750 cr Assistance from Yes Bank for Rewa Solar Proj Updated On Sat, Mar 17th, 2018 by Saurenergy This project also demonstrates Mahindra Group’s commitment and focus towards renewable energy by partnering with leading banks like Yes Bank, which has a significant renewable energy footprint, says Zhooben Bhiwandiwala. Mahindra Renewables has achieved financial closure for its 250 MW solar power project, to be located in Rewa district of Madhya Pradesh with Yes Bank for […] Read more
Jaipur Wax Museum Fulfills 60% Power Needs from Solar Energy Updated On Wed, Mar 14th, 2018 by Saurenergy The museum’s solar power project is generating 30 kilowatt-hour (kWh) electricity per day and fulfilling close to 60 per cent of its daily power needs. In a move to reduce carbon footprint, Rajasthan-based Jaipur Wax Museum has started running a major portion of its operation on solar power and intends to reduce its carbon dioxide (CO2) emission by […] Read more
ReNew Power to Invest Rs 8k cr in UP to Set Up 1,200 MW Renewable Capacity Updated On Thu, Feb 22nd, 2018 by Saurenergy The move will create 12,000 jobs in the state, including direct employment for 5,500 people and indirect employment for 6,500 people, to facilitate development of 1200 MW of renewable energy installed capacity in the state. ReNew Power Ventures has signed a Memorandum of Understanding (MOU) with the Uttar Pradesh (UP) government to invest Rs 8,000 crore for 1,200 […] Read more
Azure Power Wins 200 MW in SECI Auction Updated On Tue, Jan 9th, 2018 by Saurenergy Azure Power will sign a power purchase agreement with SECI to supply power at a tariff of INR 2.48 per kWh for 25 years Azure Power one of India’s leading independent solar power producers, announced it has won a 200 megawatt (MW) solar power project through an auction conducted by Solar Energy Corporation of India […] Read more
Solar Power Projects Get Assistance from International Institutions: Government Updated On Fri, Jan 5th, 2018 by Saurenergy The assistance for solar power projects under such schemes are available to all States/UTs depending on requirement and demand. The Government has various solar power programmes which are being implemented through assistance of World Bank, International Finance Corporation and other multilateral financial institutions. This was stated by Power and New & Renewable Energy Minister, Raj […] Read more
