NIT For 14 MW Solar Plant With 42 MWh BESS at Leh and Kargil Updated On Fri, Mar 1st, 2019 by Saurenergy The project shall be implemented in Developer Mode with a fixed tariff of Rs 2 per unit with Viability Gap Funding (VGF) support. The Solar Energy Corporation of India (SECI) has issued a Notice Inviting Tenders (NIT) for online bids to develop 14 MW of solar PV power plant with linked 42 MWh of Battery […] Read more
Top Stories of the Week for Solar Industry Updated On Thu, Feb 28th, 2019 by Saurenergy Narendra Modi Flags Off First Ever Diesel to Electric Locomotive Prime minister Narendra Modi has flagged off the world’s first ever diesel to electric converted locomotive at the Diesel Locomotive Works in Varanasi. The Prime Minister unveiled the first of its kind converted electric locomotive during his visit to Varanasi, Uttar Pradesh on February 19, […] Read more
SECI Issues 2 NIT’s For 1200 MW Solar PV Projects (ISTS- IV and V) Updated On Thu, Feb 28th, 2019 by Saurenergy The detailed RfS for both the tenders will be available for downloading latest by March 08, 2019. The Solar Energy Corporation of India (SECI) has issued two Notice Inviting Tender (NITs) inviting online bids for setting up of 1200 MW ISTS Connected Solar Power Projects (ISTS-IV) on a pan India basis, and for setting up of […] Read more
NIT For 1000 MW Solar Projects in North Eastern States Updated On Wed, Feb 27th, 2019 by Saurenergy The solar projects will be developed on a build, own and operate basis by the SPDs in northeastern states including Sikkim. The Solar Energy Corporation of India (SECI) has issued a Notice Inviting Tenders (NIT) inviting online bids for setting up of 1000 MW Grid-Connected Solar Power Projects in the North-Eastern States including Sikkim, under […] Read more
Spain Amends Renewable Energy Targets to 74% By 2030 Updated On Wed, Feb 27th, 2019 by Saurenergy The Spanish government has raised the RE target for the country to 74% by 2030, taking the expected installed capacity in the electricity sector to 157 GW. Pointing to the far more favourable conditions and constituency for renewable energy in Spain, as compared to say, the US, the Spanish Council of Ministers has approved the […] Read more
Bank of Baroda-KfW to Extend Funding of $113 Mn For Solar Projects in India Updated On Mon, Feb 25th, 2019 by Saurenergy The tie-up will be funding solar power projects as a part of the Solar Partnership II – Promotion of Solar PV in India scheme, under the Indo-German Solar Energy Partnership. Bank of Baroda has announced a partnership with Germany’s KfW Development Bank to extend funding of USD 113 million to refinance solar power projects in […] Read more
Maldives Steps Up Renewable Adoption With 5 MW Solar Tender Updated On Mon, Feb 25th, 2019 by Saurenergy The 5MW solar system will be developed under design, build, finance, own, operate, and transfer basis. The Government of the Republic of Maldives is implementing the “Accelerating Sustainable Private Investment in Renewable Energy (ASPIRE)” Project and has invited bids from investors for installation of 5MW Grid-connected Solar PV Power System in the Greater Malé Region […] Read more
Madhya Pradesh Regulator is Right, Don’t Consider Any Change in PPAs Updated On Sat, Feb 23rd, 2019 by Saurenergy The news that the Madhya Pradesh Electricity Regulatory Commission (MPERC) has refused the plea from the state electricity distribution companies’ (discoms) to revise the rates at which they procure wind power is to be welcomed. The MP Power management company — the holding entity of the state’s discoms, had made a plea to review the […] Read more
The URGE for “Li” Vault Updated On Wed, Feb 20th, 2019 by Saurenergy Nowadays, power storage has become vital on the back of its rapid response even at the time of peak demand, as most of the power storage technologies began transmitting power back to the grid within milliseconds. Moreover, storage technologies not only help in bolstering the use of electric vehicles but also help in reducing carbon […] Read more