Azure Power Commissions a 50 MW NTPC Solar Power Project in Uttar Pradesh Updated On Mon, Sep 25th, 2017 by Saurenergy Azure Power will provide power for 25 years at a tariff of INR 4.78 per kWh to NTPC. The 50 MW project is spread across 300+ acres of land. Azure Power, a leading independent solar power producer in India, has announced that it has commissioned the final phase of its 50 megawatt (MW) solar power […] Read more
State distribution companies (discoms) are biggest obstacle on open access for solar power Updated On Fri, Sep 8th, 2017 by Saurenergy Open access (OA) was one of the main components of the Electricity Act (2003), introduced in an effort to attract private investment in the electricity generation sector, thereby encouraging competition. There is an increasing opportunity to innovate in solar markets in India thanks to the rapidly declining price of photovoltaics (PV). While large-scale ground-mounted solar […] Read more
Azure Power Assigned Highest Accreditation Rating by ICRA Updated On Fri, Jul 28th, 2017 by Saurenergy While assigning the rating ICRA considered Azure Power’s strong track record of project execution, its well qualified and experienced management, technical competence, quality of suppliers and ties-up, and strong financial profile. Azure Power, a leading independent solar power producer in India, has been assigned SP 1A rating by ICRA, one of India’s leading rating agencies. […] Read more
SunPower to Supply 29.9MW of High Efficiency Solar Panels for Tenergie Solar Projects in France Updated On Tue, Jul 25th, 2017 by Saurenergy The SunPower panels are being installed on 157 rooftop projects totaling 26.8 megawatts and two ground-mount projects totaling 3.1 megawatts. Tenergie expects to commission all of the projects before the end of next year. SunPower, a majority-owned subsidiary of Total SA, and Tenergie, an independent renewable power producer have announced that SunPower is supplying 29.9 […] Read more
Centre to Notify Guidelines for Renewable Power Procurement Updated On Fri, Jul 21st, 2017 by Saurenergy Until the guidelines are drafted, the till then projects will be set up under existing provisions of the Electricity Act, 2003 under section 62 wherein the State Regulatory Commission is to be approached for fixation of tariff. The Union Ministry of New and Renewable Energy has clarified that a guideline for procurement of renewable power […] Read more
Azure Power Taps IBRD (World Bank) Loan to Scale its solar rooftop platform Updated On Fri, Jun 16th, 2017 by Saurenergy The loan is for 15 years with an interest rate of 8.35% per annum, one of the lowest interest rates availed by a solar power developer in the Indian solar sector to date. The loan will be utilized to scale Azure Roof Power, Azure Power’s solar rooftop platform. Azure Power, an independent solar power producer […] Read more
Azure Power Commissions 100 MW NTPC Solar Project in Andhra Pradesh Updated On Wed, Jun 14th, 2017 by Saurenergy The 100 MW solar power project was auctioned by NTPC and has been set up at Kurnool Ultra Mega Solar Park. Azure Power, a leading independent solar power producer in India, has announced that it has commissioned a 100-megawatt (MW) solar power plant in Andhra Pradesh. The project was auctioned by NTPC, which has a […] Read more
NEXTracker Delivers Advanced Single Axis Trackers to the Largest Solar Power Project in Western Hemisphere Updated On Wed, May 3rd, 2017 by Saurenergy NEXTracker has shipped over 200 MW of its Advanced Single Axis Trackers to the solar power project site in Western Hemisphere. NEXTracker has announced that it has started supplying its advanced single axis trackers to the largest solar power plant in the Western Hemisphere. This grid-connected project of over 750 MW will deliver energy to […] Read more
ADB Backs Sunseap to Build Cambodia’s First Large-Scale Solar Power Farm Updated On Mon, May 1st, 2017 by Saurenergy As part of the Cambodia’s First Large-Scale Solar Farm project, Sunseap entered into a 20-year solar power purchase agreement (PPA) with EDC. The Asian Development Bank (ADB) has backed Singapore’s Sunseap Group’s project to build Cambodia’s first large-scale solar power project under a long-term agreement with Electricité Du Cambodge (EDC). ADB’s Private Sector Operations Department […] Read more