Thomaslloyd Buys Significant Stake in SolarArise India Updated On Wed, Oct 10th, 2018 by Saurenergy Following the investment, the company will become the largest shareholder in SolarArise. ThomasLloyd has acquired a significant stake in solar project developer SolarArise India Projects (SolarArise), which currently owns and operates 130 MW of grid-connected solar power projects in India. The company’s investment is expected to support it’s expansion of its solar energy capacity by […] Read more
EnSync Energy Sells 20-Yr Solar-Plus-Storage PPA with Kona Brewing Updated On Tue, Oct 9th, 2018 by Saurenergy As per the deal, the agreement will finance a solar-plus-energy storage system at the beer company’s new brewery in Kailua Kona, Hawaii. EnSync Energy Systems has sold a 20-year Power Purchase Agreement (PPA) with Kona Brewing Company to an undisclosed investor. As per the deal, the agreement will finance a solar-plus-energy storage system at the beer company’s new […] Read more
Punjab Solar Energy Policy Updated On Mon, Oct 8th, 2018 by Saurenergy 1. OBJECTIVES Objective of the state solar policy include:- 1.1 Punjab has considerable potential in NRSE sector which is being harnessed. With a view to maximize the utilization of these resources; this policy aims to achieve the following objectives: To maximise and improve the share of new and renewable sources of energy to 10% of […] Read more
Sembcorp Commissions 250 MW Wind Project; Beats SECI Timeline Updated On Sat, Oct 6th, 2018 by Saurenergy The wind power project was dedicated to the nation by Minister of State (IC) for Power and New & Renewable Energy, Raj Kumar Singh at the 2nd Global RE-INVEST summit. Sembcorp Energy India (SEIL) and Suzlon Group has completed the 250 MW wind power project, which is the first among all SECI auctioned wind […] Read more
SECI’s 5000MW Solar Auction Gets Single Bidder Updated On Fri, Sep 28th, 2018 by Saurenergy As part of the government’s targets of achieving a cumulative capacity of 100 GW Solar PV installation by 2022, the SECI had invited bids from developers. Weighed down by the industry sentiment, state-run Solar Energy Corporation of India (SECI) has received unsatisfactory response for its tender of 5GW per year solar manufacturing as only a single bidder […] Read more
MNRE Opines Trimming Commissioning Period for Solar Projects Updated On Thu, Sep 6th, 2018 by Saurenergy The developers have put up concerns over the suggestion given by MNRE as shortening the period to develop solar projects would pressurize the developers and would pose quality issues. Making the solar developers unhappy, Ministry of New and Renewable Energy (MNRE) has proposed to cut short the commissioning period for solar projects in order to […] Read more
Gov’t Cuts Component Manufacturing Requirement to Prevent High Tariff Bids in Solar Tender Updated On Mon, Sep 3rd, 2018 by Saurenergy The government has also brought down the maximum permissible tariff rate for the solar tender to Rs 2.75 per unit from an earlier cap of Rs 2.93. In a bid to attract healthy number of developers in a recent solar auction and prevent higher tariff bids from the bidders, the government has reduced the component […] Read more
Mytrah Energy Wins 300MW Out of NTPC’s 1200MW Auction Updated On Wed, Aug 22nd, 2018 by Saurenergy Mytrah Energy quoted a tariff of Rs. 2.79 per unit under the reverse e-Auction and won the bid for a capacity of 300 MW in the first Inter-State Transmission System (ISTS) wind bids conducted by NTPC. Leading renewable power producer, Mytrah Energy has won NTPC tender of 300 MW wind power out of 1200 MW […] Read more
Sobha Carnation Inaugurates 69kWp Rooftop PV Plant along with Greenrays Enersol Updated On Thu, Aug 16th, 2018 by Saurenergy Further, this project is taken up under PPA model, wherein entire investment is done by Greenrays Enersol and power is consumed captively by the society for common loads through a Power Purchase Agreement (PPA) between both the entities. Taking another positive step towards going green, Sobha Carnation CHS, a reputed premier society in Kondhwa, Pune […] Read more
