SECI Issues Three NITs to Set-Up Solar Projects in UP, MP, Andhra Updated On Mon, Mar 11th, 2019 by Saurenergy The detailed Request for Selection Document (RfS) for all the three solar power projects in UP, MP and AP respectively will be available for download for interested bidders latest by April 30, 2019. The Solar Energy Corporation of India (SECI) has issued three Notice Inviting Tenders (NITs), inviting online bids for the development of solar PV […] Read more
NTPC Looking to Enlist Inverter Vendors For its Solar Projects Updated On Thu, Feb 21st, 2019 by Saurenergy The last date for receipt of enlistment applications is March 8, 2019. NTPC Limited has issued a Notice Inviting Applications (NIA), inviting applications from eligible bidders for vendor enlistment of inverter-inverter transformer package for development of solar power projects of NTPC. The brief scope of work enlisted vendors will include the supply, type testing, supervision […] Read more
Evolution II Fund Closes ZAR100 Mn Investment Targeting C&I Solar Rooftop Market in Africa Updated On Tue, Feb 5th, 2019 by Saurenergy The investment will be used to finance rooftop solar projects for commercial and industrial consumers. Inspired Evolution, an Africa-focused investment advisory firm that specialises in the clean energy sector, has closed a ZAR100 ($7.47) million investment facility by its Evolution II Fund into Commercial Energy SA – an affiliate of SolarAfrica. Commercial Energy SA offers […] Read more
Adani to Invest Rs 55k Cr in Gujarat including Solar Projects Updated On Sat, Jan 19th, 2019 by Saurenergy Further, this will lead to creation of over 50,000 new direct and indirect jobs in the state. Billionaire Gautam Adani has announced over Rs 55,000 crore investment in next five years in a clutch of projects in Gujarat including the world’s largest solar park, a copper plant, a cement unit, and a lithium battery manufacturing complex. Speaking at the […] Read more
Centre Provided Rs 383 Cr to Madhya Pradesh Govt for Solar Projects Updated On Fri, Dec 21st, 2018 by Saurenergy Rs 70.03 crore were for the development of solar parks and ultra mega solar power projects and Rs 35 crore for solar rooftop schemes among others. The BJP-led central government assisted the Madhya Pradesh government with a funding Rs 382.91 crore over the financial year 2016-17 and 2017-18 for implementing projects and schemes in the […] Read more
BlackRock Sells 14 French Solar Projects to International Consortium Updated On Wed, Dec 5th, 2018 by Saurenergy The move will mark the first realization for BlackRock’s renewable power platform and offers Samsung, Samchully AMC and Schroders an attractive foothold into the European renewables power market. BlackRock Real Assets has reached an agreement with the Consortium of Samsung Securities as the financial investor, Samchully Asset Management as the asset manager with Schroder AIDA […] Read more
Azure Q2 Loss Narrows to Rs 29.8 Cr on Revenue from New Projects Updated On Thu, Nov 15th, 2018 by Saurenergy Further, the consolidated operating revenues of the company increased by Rs 40.2 crore, or 22 per cent to Rs 2,22.6 crore during Q2 2018-19, against the same period last year. Leading independent solar power producer Azure Power Global reported its consolidated net loss narrowed significantly to Rs 29.8 crore during the July-September quarter of FY19, driven […] Read more
Solar FlexRack Completes Shipments of New TDP 2.0 Solar Trackers to 17 MW of Solar Projects in Georgia Updated On Thu, Nov 1st, 2018 by Saurenergy Solar FlexRack™, a division of Northern States Metals and an innovative leader in photovoltaic mounting and solar tracker solutions, announced today it has completed shipments of its new TDP 2.0 Solar Trackers to SolAmerica Energy to be installed in eight solar projects located across the state of Georgia. The new Solar FlexRack 2.0 Tracker with BalanceTrac introduces a technology […] Read more
Rupee fall puts Rs 28,000 crore solar projects at risk Updated On Wed, Oct 31st, 2018 by Saurenergy With safeguard duty, this can crank up tariffs by 30 paise/unit for future projects Nearly half of the solar power capacities under implementation worth ~Rs 28,000 crore face viability risk because of the continuous fall in the rupee, which has made imported solar modules costlier and increased the cost of setting up solar plants. These […] Read more