Karnataka

Huawei Supplies Smart String Inverters to ReNew Power’s Largest Utility Solar Project

Updated On Tue, Apr 23rd, 2019

by Saurenergy

Huawei Supplies Smart String Inverters to ReNew Power’s Largest Utility Solar Project

Huawei supplied its SUN2000-95KTL-INH0 (“95KTL”) 1500Vdc smart interactive string inverters for the setting up of the project. ReNew Power, India’s largest renewable energy IPP (Independent Power Producer) recently announced that its 300 MW solar plant at Pavagada Solar Park was successfully on the commercial operation. Chinese inverter manufacturing major, Huawei supplied its SUN2000-95KTL-INH0 (“95KTL”) 1500Vdc […]

Exide Acquires Stake in Cleantech’s 3 SPV’s For Procuring Energy From Solar Plants

Updated On Sat, Apr 20th, 2019

by Saurenergy

Exide Acquires Stake in Cleantech’s 3 SPV’s For Procuring Energy From Solar Plants

Exide Industries has announced that it has entered into 3 separate share subscription and shareholders agreements with Singapore-based Cleantech Solar Energy for three special purpose vehicle (SPV) companies. “Exide Industries Limited has entered into 3 separate SSSAs’ with Cleantech Solar Energy for 3 SPV companies for the purchase of energy from three Captive Power Plants […]

Uttar Pradesh Approves Bids For Development of 100 MW Floating Solar Projects

Updated On Sat, Apr 20th, 2019

by Saurenergy

Uttar Pradesh Approves Bids For Development of 100 MW Floating Solar Projects

The commission stated that their approval must not be considered as approval for tariff adoption. For the adoption of the tariff, a separate petition needs to be filed. The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved the opening and finalisation of bids submitted by ReNew Power for the development of 100 MW of floating solar […]

Hero Group & Azure Power Plan To Raise $500 Million Each Through Bond Sale

Updated On Thu, Apr 18th, 2019

by Saurenergy

Hero Group & Azure Power Plan To Raise $500 Million Each Through Bond Sale

Hero Group’s renewable energy arm and Azure Power are gearing up to raise $1 billion by selling bonds to overseas investors over the next few weeks in separate offerings, according to people briefed on the matter. Both the Delhi-based green power rivals are looking raise $500 million each and have appointed investment banks to underwrite […]

ADB Granted Nearly USD 4 Bn in Sovereign Loans and Co-Financing to India in 2018

Updated On Wed, Apr 17th, 2019

by Saurenergy

ADB Granted Nearly USD 4 Bn in Sovereign Loans and Co-Financing to India in 2018

The Asian Development Bank (ADB) committed to providing nearly USD 4 billion in sovereign loans to India in 2018, the highest level of assistance since sovereign operations began in the country in 1986, said the annual report of the multilateral lending agency. In total, ADB, owned by 68 member countries, committed a total of USD […]

CERC Passes Order, GST to be Covered Under “Change in Law”

Updated On Tue, Apr 16th, 2019

by Saurenergy

CERC Passes Order, GST to be Covered Under “Change in Law”

The Central Electricity Regulatory Commission (CERC) has in its latest order observed that the enactment of Goods and Services Tax (GST) that came into effect from July 1, 2017, will be covered under ‘Change in Law’. The commission issued the order in response to a petition filed by Parampujya Solar Energy Pvt. Limited (PSEPL), a […]

Uttarakhand Irrigation Dept Tenders For 40 MW Solar PV Project

Updated On Fri, Apr 12th, 2019

by Saurenergy

Uttarakhand Irrigation Dept Tenders For 40 MW Solar PV Project

The last date of bid submission is May 25, 2019. The Irrigation Department of Uttarakhand has issued a tender for the installation of 40 MW solar PV power projects on two of its dams in the state. The 40 MW cumulative capacity will be developed across two dams in the Udhamsinghnagar district of Uttarakhand. The […]

HPPC Ordered to Follow Latest MNRE Competitive Bidding Guidelines

Updated On Thu, Apr 11th, 2019

by Saurenergy

HPPC Ordered to Follow Latest MNRE Competitive Bidding Guidelines

HPPC has been ordered to follow the latest competitive bidding guidelines issued by MNRE for procurement of power from solar power projects. The Haryana Power Purchase Centre (HPPC) has been ordered by the Haryana Electricity Regulatory Commission (HERC) to follow the latest competitive bidding guidelines issued by the Ministry of New and Renewable Energy (MNRE) […]

MYSUN Secures 11MW New Orders from Mah, Raj; Expands Presence to 7 States

Updated On Fri, Apr 5th, 2019

by Saurenergy

MYSUN Secures 11MW New Orders from Mah, Raj; Expands Presence to 7 States

Adding to its presence in Delhi, Haryana and Uttar Pradesh, the company added industrial and institutional clients in Madhya Pradesh, Maharashtra, Rajasthan, Tamil Nadu and Puducherry in FY 2018-19. One of the leading players in the rooftop solar space, MYSUN has received new orders aggregating 11 MW from Maharashtra and Rajasthan states in past 30 […]