Solar Power Tariffs expected to drop to as low as INR 3.50 a unit in 3 years Updated On Tue, Jul 26th, 2016 by Saurenergy Solar power tariffs in India, which fell below Rs. 5 per unit since last November, are once again expected to sink further as the industry doubles volumes every year and the cost of producing power continues to drop. A report published in the Mint mentions that that tariffs will fall to as low as 3.5 […] Read more
Naxal-affected Chhattisgarh Villages to get Solar Powered Electricity Updated On Mon, Jul 25th, 2016 by Saurenergy Electricity will be reaching the Naxal-affected Abhujmarh region of 351 villages in the Chhattisgarh for the first time after Independence through the solar power units. In a meeting that was attended by the officials from Bastar and Southern Region Adivasi Development Authority and Surguja and Northern Region Adivasi Development Authority at secretariat, Dr. Raman Singh, […] Read more
SECI invites bid for 300MW solar projects with storage to be built in AP and Karnataka Updated On Sat, Jul 23rd, 2016 by Saurenergy Solar Energy Corp. of India (SECI) for the first time invited bids for 300 megawatts solar energy projects to be built in Andhra Pradesh and Karnataka. The project also includes storage as a requirement as part of a trial program aimed at making the renewable resource a more reliable source of power. In Andhra Pradesh […] Read more
NALCO Inviting Bids For 20MW Solar PV Project in Madhya Pradesh Updated On Fri, Jul 22nd, 2016 by Saurenergy National Aluminium Company Limited (NALCO), a Navratna CPSE under Ministry of Mines, Govt. of India inviting bid for setting up a 20MW solar PV project in Madhya Pradesh. The identified Govt. revenue land of approximately 55.62 hectare bearing Khasra Number 892,860,909,914,908,917,921,919,974,975,976 at Palra village, Susner Tehsil, Agar Malwa Dist of M.P, as per the requirement […] Read more
Indian EPC Sterling and Wilson bags 250 MW Solar Project in Nigeria Updated On Thu, Jul 21st, 2016 by Saurenergy The Indian EPC Sterling and Wilson have been sanctioned to develop 250 MW of 975 MW of solar Power Purchase Agreements (PPAs) by Nigerian Bulk Electricity Trading (NBET) Plc under Nigeria’s FIT program. The recent signing of 975 MW of PPA, which was given granted by the Nigerian Bulk Electricity Trading (NBET) in of the […] Read more
India sanctions scheme to develop 10 Solar Zones having at least 10000 hectares of land Updated On Thu, Jul 21st, 2016 by Saurenergy The Government o India has directed authorization to implement the scheme for setting up of 10 ‘Solar Zones’ each having at least 10000 hectares of govt. or privately owned uncultivable and fallow land in one or more than one patches to encourage solar PV project developers, investors and manufacturers to help achieve the nation’s massive […] Read more
Alterra Power acquires 20 MW solar portfolio from Inovateus Solar Updated On Thu, Jul 21st, 2016 by Saurenergy Alterra Power enters into an agreement with Inovateus Solar to acquire an 80% ownership interest in a two-project 20 MWDC portfolio of solar farms in the Midwestern United States. Both the solar projects are contracted under long-term, investment-grade power purchase agreements. Alterra is actively developing and arranging finance for its first project, a 7 MWDC […] Read more
Decline in the Prices of Chinese-made solar panels set to aid Indian solar Market Updated On Wed, Jul 20th, 2016 by Saurenergy The projected decline in the prices of Chinese-made solar panels could benefit the Indian solar developers, due to weakened demand in China and Japan and prolonged trade restrictions in the EU and the USA. The Tier-1 module prices are expected to go down to Rs. 27.50 (USD 0.41/EUR 0.37) per Wp for shipments in the […] Read more
Indian Government doubles down on Solar Parks after SunEdison Setback Updated On Wed, Jul 20th, 2016 by Saurenergy According to the reports from a top government official, India is expected to double the target for energy to be generated from solar parks by 2020, as roof-top installations progress has turned out to be slower than anticipated and U.S. company SunEdison’s projects are threatened by its bankruptcy. The Indian Government acquired lands are most […] Read more