GESCOM Empaneling Agencies for 10 MW Rooftop Solar Plants Under SGY Scheme Updated On Wed, Mar 31st, 2021 by Saurenergy GESCOM is empaneling agencies for setting up rooftop solar plants worth 10 MW capacity with net-metering arrangements under the SGY scheme. The Gulbarga Electricity Supply Company (GESCOM) has issued an Expression of Interest (EoI) for the empanelment of agencies for setting up rooftop solar PV plants aggregating 10 MW capacity on the rooftops of residential […] Read more
JinkoSolar Launches New Tiger Pro Modules for Distributed Generation Market Updated On Tue, Mar 30th, 2021 by Saurenergy JinkoSolar Holding Co., Ltd (the “Company” or “JinkoSolar”), one of the largest and most innovative solar module manufacturers in the world, today announced that it has launched a new series of ultra-efficient Tiger Pro modules with higher power capacity targeted for distributed generation market. The new module is based on the Tiger Pro 182mm, 54-cell […] Read more
Tata Power Receives LoA From GUVNL for 60 MW Solar Project in Gujarat Updated On Tue, Mar 30th, 2021 by Saurenergy Tata Power has received an LoA from GUVNL to develop a 60 MW solar project in the state of Gujarat. Tata Power, one of India’s largest integrated power companies, has announced that the Company has received a Letter of Award (LoA) from Gujarat Urja Vikas Nigam Limited (GUVNL) on March 26, 2021, to develop a […] Read more
Coal India Seeking Developers for 100 MW Solar Plant in Gujarat Updated On Tue, Mar 30th, 2021 by Saurenergy Coal India Limited is seeking developers for undertaking the work of complete development and handing over of 100 MW solar plant in Gujarat. Coal India Limited (CIL), a state-owned coal mining corporate, has issued a tender – seeking developers for undertaking the work of complete development and handing over of a 100 MW solar PV […] Read more
Engie Closes Deal With Edelweiss Yield Plus For India Solar Assets Updated On Fri, Mar 26th, 2021 by Saurenergy In one of the largest renewable energy deals during the past year, Edelweiss Infrastructure Yield Plus (EIYP), an alternative investment fund by Edelweiss Alternative Asset Advisors, announced yesterday that it has acquired a 74 per cent stake in French energy major Engie Group’s solar portfolio in India. The investment from the fund will free up Engie to […] Read more
Bharti Airtel Increases Stake in Avaada SPV for Captive Solar Project Updated On Thu, Mar 25th, 2021 by Saurenergy Bharti Airtel has now acquired an additional 3.33% equity in the Avaada SPV – Avaada MHBuldhana for a reported Rs 2.914 crore. Bharti Airtel has announced that in furtherance to its acquisition of 5.2 percent equity shares in Avaada MHBuldhana Private Limited – a Special Purpose Vehicle (SPV) of the Avaada Group formed for the […] Read more
Solar Firms Almost Unanimous on 10 kW Rule for Net-Metering – It’s a Disaster Updated On Wed, Mar 24th, 2021 by Saurenergy While industry reaction to the new rules from the Ministry of Power that mandates net metering upto a limit of 10 kW only have been well reported, we decided to speak to installers across states to get a broader view. What we see is a very clear divide between a vast number of smaller installers, […] Read more
BCD Will Raise Solar Purchase Cost by Rs 900 Cr pa for Off-takers: Ind-Ra Updated On Wed, Mar 24th, 2021 by Saurenergy The imposition of BCD will lead to an increase in solar tariffs which will increase power purchase costs for solar off-takers by Rs 900 crore annually India Ratings and Research (Ind-Ra) has come out and said that the imposition of basic customs duty (BCD) on solar cells and modules with effect from 1 April 2022 […] Read more
Adani Green Energy to Acquire 75 MW Solar Assets of Sterling and Wilson for Rs 446 Cr Updated On Wed, Mar 24th, 2021 by Saurenergy Adani Green Energy has signed an agreement to acquire 100 percent stake in two SPVs holding 75 MW operating solar assets of Sterling & Wilson Adani Green Energy Limited (AGEL), one of the largest renewable energy companies in India, has announced that it has signed a share purchase agreement for the acquisition of a 100 […] Read more
