500MW Solar Auction Cancelled in Gujarat Over Costly Bids Updated On Thu, Apr 19th, 2018 by Saurenergy The successful bidders include Kalathia Engineering and Construction, Gujarat State Electricity Corporation Limited (GSECL), ACME Solar Holdings and Azure Power. Auction conducted on March 28 for 500 MW has been cancelled by the state owned utility Gujarat Urja Vikas Nigam Limited (GUVNL). The tariffs quoted by the bidders, considered to be too high, is the […] Read more
Years Ahead, India Achieves 20 GW of Solar Energy Target Updated On Wed, Jan 31st, 2018 by Saurenergy According to the latest India research report by green energy market tracker Mercom Capital, the utility-scale combined establishments now remain at around 18.4 gw, with rooftop solar representing another 1.6 gw. India has accomplished 20 GW (gigawatt) aggregate solar limit, accomplishing the turning point four years in front of the objective for 2022 initially set […] Read more
Brijesh Pathak: UP To Set Up 10,700MW Solar Plants in Five Years Updated On Mon, Jan 29th, 2018 by Saurenergy The Uttar Pradesh Solar Power Policy 2017 targets usage of 10,700 MW of framework associated solar power extends before the finish of 2022. The Uttar Pradesh government will set up around 6,000 solar power plants to meet its spotless energy focus of 10,700 MW in the following five years, Additional Energy Sources Minister Brijesh Pathak […] Read more
Annulled: NTPC Forced to Cancel 250 Megawatt October 2017 Solar Auction Updated On Tue, Jan 9th, 2018 by Saurenergy Anand Kumar who is the Secretary in Ministry of new and renewable energy confirmed that the solar auction had been annulled. Solar auction has been annulled forcefully. NTPC has been forced to cancel the result of its 250 mw solar auction held in October last year, which was won by Azure Power quoting a tariff […] Read more
ABB India bags order to install solar inverters at 750 railway stations in the country Updated On Fri, Sep 1st, 2017 by Saurenergy The 750 stations are located in the busy northern Indian part of the Indian Railways network, one of the most used railway corridors in the world. ABB India has bagged order to install solar inverters at 750 railway stations in north India to reduce dependence on traditional sources of energy. The 750 stations are located […] Read more
ABB India hits 5 gigawatt mark for solar inverters Updated On Thu, Aug 31st, 2017 by Saurenergy Last year, ABB India doubled its solar inverter manufacturing capacity in India. The expansion follows earlier milestones achieved by ABB India in 2015 ABB India has announced that it has surpassed the 5 GW milestone for the supply of solar inverters in the country. From schools to airports, canal tops and mega solar plants, ABB’s […] Read more
There’s more to Indian Solar Tariffs than Meets the Eye Updated On Tue, Apr 18th, 2017 by Saurenergy The record low solar tariff of INR 3.29 that was bid in Rewa Solar Power Project, has been surpassed by National Thermal Power Corporation’s 250 MW project, Engie’s Solairedirect submitting INR 3.15 tariff rate. India achieved a record low solar tariff of INR 3.29 (US¢ 5.1)/kWh in the Rewa tender in February. That record was […] Read more
Secondary Solar Market in India Updated On Tue, Apr 18th, 2017 by Saurenergy with the rise of the solar market, there has been a constant pressure on Indian developers to churn their capital. To minimize the pressure the developers are laying the foundation for the advent of the secondary market for solar assets by shopping their rapidly growing solar projects to prospective investors. The merger and acquisition (M&A) […] Read more
Ministry of Commerce & Industry releases Make in India New and Renewable Energy Sector – Achievement Report Updated On Thu, Jan 19th, 2017 by Saurenergy The New & Renewable Energy sector has witnessed the highest ever-solar power and wind power capacity addition over the last two years since April 2014. The Government has set a target of 175 GW of renewable energy capacity by end of 2022, making it the largest expansion in the world and providing plenty of opportunities […] Read more
