Canadian Solar Secures Funding of $69 Mn for Solar Project in Mexico Updated On Sat, Dec 15th, 2018 by Saurenergy The Aguascalientes project was awarded a Power Purchase Agreement (PPA) during the 2016 inaugural Mexico energy auction. Canadian Solar, one of the world’s largest solar power companies, has announced that it has secured funding of US$69.0 million non-recourse project financing for the 67.8 MWp Aguascalientes solar power project in Mexico. The funding is provided by […] Read more
IIT-Indore Installs 422 kW Solar Rooftop System Updated On Fri, Dec 14th, 2018 by Saurenergy The project was commissioned by BVG India Ltd and is spread across 4220 square meter of space and is slated to generate around 1,580 kWp of energy every year. Indian Institute of Technology (IIT) – Indore campus has gone the green way by installing a 422 kW rooftop solar system to power the prestigious institution. […] Read more
Centre Scraps 12 GW Solar Capacity Addition to be Taken up by NTPC Updated On Thu, Dec 13th, 2018 by Saurenergy Earlier government had planned to add 15 GW of solar energy capacity in the country which was to be developed by NTPC to be delivered to states bundled with thermal energy. The central government has quashed a plan to install 12 GW of solar capacity out of the 15 GW capacity that National Thermal Power […] Read more
ISA-EU Sign Agreement to Promote Solar Energy Updated On Wed, Dec 12th, 2018 by Saurenergy ISA, which is a joint initiative of India and France, was launched in 2015 to help the 121 member countries in increasing the utilization of the potential solar energy. India led ISA and the European Union signed an agreement to enhance solar energy on the sidelines of the ongoing Conference of the Parties to the […] Read more
World Bank Lauds India’s Renewable Energy Push Updated On Tue, Dec 11th, 2018 by Saurenergy “Many of the world’s largest energy-consuming countries significantly improved their renewable energy regulations since 2010”, the report mentioned. World Bank in its latest report Regulatory Indicators for Sustainable Energy (RISE) 2018 praised India’s efforts and its success in renewable energy actions and policy support helping drive down the cost of renewable energy in the country. […] Read more
MSEDCL Floats Tender to buy 1000 MW Grid-Connected Solar Power Updated On Mon, Dec 10th, 2018 by Saurenergy Setting a ceiling tariff of Rs 2.80 per kilowatt per hour, the distribution company will sign a power purchase agreement for a period of 25 years with the successful bidder. The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has floated a tender for purchasing electricity from 1,000 MW grid-connected solar photovoltaic power projects on a […] Read more
Ministry of New and Renewable Energy Conferred the Skoch Award for National Significance Updated On Mon, Dec 10th, 2018 by Saurenergy Considering the impact of the ministry, its purpose and the critical role played by the government in installing about 73 GW of renewable energy, the ministry had been selected for the award. Recognizing the pivotal role government plays in pushing green energy, Ministry of New and Renewable Energy, Government of India has been conferred with […] Read more
California Becomes 1st State to Mandate Solar for All New Homes Updated On Fri, Dec 7th, 2018 by Saurenergy The unanimous action finalizes a previous vote by the Energy Commission and fulfills a decade-old goal to make the state reliant on cleaner energy. California became the first state in the nation to require homes built in 2020 and later be solar powered, following a vote by the Building Standards Commission. The unanimous action finalizes […] Read more
Tariff Drops Further in Uttar Pradesh Solar Project Auction Updated On Tue, Dec 4th, 2018 by Saurenergy The lowest price for the bid was quoted by National Thermal Power Corporation at Rs 3.04 per unit; NTPC won 85 MW of the capacity. A commissioning deadline of 21 months has resulted in refreshingly low winning tariff in an solar project auction by the UP New and Renewable Energy Development Agency (UPNEDA). The 500 […] Read more
