Solar Developers to Get a One-Time GST Compensation of Rs 2000 crore Updated On Tue, Nov 20th, 2018 by Saurenergy An order by Central Electricity Regulatory Commission (CERC) in October had approved the claims of solar power developers. In a relief to the solar developers, state power distribution companies will have to pay nearly Rs 2000 crore as a one-time compensation towards the impact of Goods and Service Tax (GST) on developers according to Icra. […] Read more
Solar Energy Sector Losing Sheen With Developers Shunning Projects Updated On Mon, Nov 19th, 2018 by Saurenergy Solar Energy Corporation of India (SECI) issued tenders for 1,200 megawatt (MW) of wind-solar hybrid scheme and 10,000 MW solar tender linked to manufacturing units Once touted as the sunrise sector, solar energy industry is losing is its sheen with developers showing reluctance towards bidding for projects. Solar Energy Corporation of India (SECI) issued tenders […] Read more
Ameresco Finishes Three Solar Facilities in Ashland Updated On Tue, Nov 13th, 2018 by Saurenergy The Town partnered with Ameresco to develop the solar PV projects under a 20-year Power Purchase Agreement (PPA) Ameresco Inc., a leading energy efficiency and renewable energy company and the Town of Ashland held a ribbon-cutting at the Town’s capped landfill to celebrate the completion of the three solar facilities. The Town partnered with Ameresco […] Read more
EDF Renewables Signs Two 20-Yr PPA For Solar+Storage Proj in California Updated On Tue, Nov 13th, 2018 by Saurenergy The Project is slated to achieve commercial operation by the end of 2021. The agreement is for generation and storage of solar energy. EDF Renewables North America signed two 20-years Power Purchase Agreement (PPA) with Silicon Valley Clean Energy (SVCE) purchasing 55 percent of the output, and Monterey Bay Community Power (MBCP) getting the remaining […] Read more
SECI Auction for Maharashtra Park put off Indefinitely Updated On Mon, Nov 5th, 2018 by Saurenergy BENGALURU: Developers’ interest in Solar Energy Corporation of India’s (SECI) auctions hit a nadir when Tata Power Renewable Energy was the sole bidder on Wednesday for an auction for 50 MW at Dhodhainicha Solar Park in Maharashtra. The auction has been put off indefinitely. Last week SECI postponed a 1200 MW hybrid auction – solar […] Read more
JinkoSolar to Supply 255MWp Solar Panels to One of the Year’s Largest Solar Farms in Australia Updated On Thu, Nov 1st, 2018 by Saurenergy JinkoSolar Holding Co., Ltd. is one of the world’s largest solar module manufacturers, announced today that it has entered into the Contract for the Supply of PV Modules with Decmil Australia Pty Ltd on September 27, 2018, for supply 255MWp of its high efficient solar panels for the Sunraysia Solar Farm (“Project”) developed by Maoneng […] Read more
Canadian Solar and PKA Complete a Large Scale Solar Transaction in California Updated On Tue, Oct 30th, 2018 by Saurenergy Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, and Pensionskassernes Administration (“PKA”), one of Denmark’s largest pension service providers, today announced Recurrent Energy, LLC (“Recurrent Energy”), a wholly owned subsidiary of Canadian Solar, has finalized a transaction with PKA for its interests in two solar photovoltaic projects. In a deal valued around 2 […] Read more
Innergex Buys 260 MW Solar Project to Expand US Footprint Updated On Tue, Oct 23rd, 2018 by Saurenergy The company further said that, this 260 MWDC photovoltaic solar prospective project is almost ready to be built upon signing of an offtake contract. In a bid to expand its US footprint to seven states, Innergex Renewable Energy (Innergex) has acquired a photovoltaic solar prospective project of approximately 260 MWDC from Open Road Renewables and MAP Renewable […] Read more
Canadian Solar, Biosar to Build Total Eren’s 256 MW Solar Proj in Australia Updated On Mon, Oct 22nd, 2018 by Saurenergy Post completion, the project is expected to be the single largest solar power plant in Victoria, Australia, and will produce enough electricity to meet the needs of more than 133,500 Victorian homes and displacing more than 610,000 tonnes of carbon dioxide emissions annually. Solar PV modules maker Canadian Solar and solar EPC services provider Biosar Australia […] Read more