IPGCL Issues 35MW Rooftop Solar Tender for Delhi Updated On Mon, Dec 3rd, 2018 by Saurenergy The online bid submission for the tender has already been started from December 1, 2018 and it will close on December 21, 2018 at 11:00 AM. Delhi Government-owned utility firm Co Ltd (IPGCL) has issued a tender to set up 35 MW rooftop solar PV project in Delhi under Mukhyamantri Solar Power Yojna. The utility […] Read more
Freedom Solar Launches Commercial Solar Financing Vehicle in Texas Updated On Sat, Dec 1st, 2018 by Saurenergy The company said in a statement that financing through it allows companies to finance up to 70 percent of the cost of an entire solar installation and ensures that an investment in solar is cash-flow positive from day one. Freedom Solar Financial Services, the first solar financial vehicle of its kind in Texas, has raised […] Read more
Hungary Plans to Fully Rely on Renewable Energy by 2030 Updated On Fri, Nov 30th, 2018 by Saurenergy An estimated drop of 30% in the prices of photo-voltaic modules will give Hungary an opportunity to meet its renewable energy targets. Setting the right precedent, Hungary has announced that it aims to phase out the use of coal by 2030 and will be fully reliant on renewable energy for country’s energy needs. With a […] Read more
Rooftop Solar: Democratising Power Generation – One Roof at a Time Updated On Fri, Nov 30th, 2018 by Saurenergy Rooftop solar was the fastest-growing segment within India’s renewable energy sector last year, but it is still not growing fast enough. Capacity adwdition in rooftop solar stood at around 870 megawatt (MW) in 2017, a far cry from the ambitious target of 5,000 MW for FY 2017-18. As of December 2017, cumulative rooftop solar installed […] Read more
UPERC Accepts NPCL’s Response over Renewable Purchase Obligations Updated On Thu, Nov 29th, 2018 by Saurenergy UPERC had initiated suo moto proceedings against NPCL and Uttar Pradesh Power Corporation Ltd (UPPCL) for failing to submit the required information. The Uttar Pradesh Electricity Regulatory Commission (UPERC) has accepted Noida Power Company Limited’s (NPCL) submission regarding meeting the past renewable purchase obligations (RPO) targets. UPERC had initiated suo moto proceedings against NPCL and […] Read more
IL&FS to Monetise its Green Energy Portfolio Worth Rs 8,000 Crore Updated On Thu, Nov 29th, 2018 by Saurenergy This comes on the backdrop of IL&FS already having received a good response for the potential sale of its two arms. Debt laden Infrastructure Leasing & Financial Services has decided to monetize its renewable energy assets worth Rs 8,000 crore and has initiated the process to sell its controlling stake in green energy business as […] Read more
Fortum to Install Sweden’s Biggest Battery to Support Grid Stability Updated On Wed, Nov 28th, 2018 by Saurenergy Over the past two years Fortum has tested a similar concept at its combined heat and power plant in Järvenpää. With a storage capacity of 6.2 megawatt-hours, Fortum will install Sweden’s biggest battery till date at Forshuvud hydropower plant. The battery system’s output is 5MW and the total cost of the system is approximately EUR […] Read more
NTPC Calls For Enlistment Of Bidders For SPV Module Packages Updated On Wed, Nov 28th, 2018 by Saurenergy As per the notice inviting applications (NIA), the bidder should have manufactured and supplied solar photo voltaic (SPV) modules of cumulative capacity of 40 MWp or above. India’s energy giant, National Thermal Power Corporation (NTPC) has invited applications for the enlistment of solar PV Module developers for NTPC’s solar PV power projects. The scope of […] Read more
India Becomes Global Leader in Renewable Energy Auction: Report Updated On Tue, Nov 27th, 2018 by Saurenergy India’s second rank signifies a jump of three spots from last year when it was on 5th position in the green energy. China which was at the top position last year has slid down to the 7th position. Becoming a global leader in the renewable energy race, India is now the biggest market in the […] Read more