Ripple effect of India’s energy shift visible globally Updated On Fri, May 12th, 2017 by Saurenergy The Indian government’s striking policy shift towards renewable energy sources — away from more expensive and polluting fossil fuels — is a strong global endorsement of the country’s leadership,” Tim Buckley, Director at the Cleaveland-based Institute for Energy Economics and Financial Analysis (IEEFA) said India’s solar tariffs have fallen 40 per cent in just 16 […] Read more
EnSync Energy Signs PPA to Provide Electricity to Residential Development in Hawaii Updated On Fri, May 12th, 2017 by Saurenergy EnSync Energy has signed 20 years PPA solar electricity project for the Kalaeloa Makai Residential Development in Hawaii. EnSync Energy, a leading developer of innovative distributed energy resource (DER) systems and internet of energy (IOE) control platforms for the utility, commercial, industrial and multi-tenant building markets has announced the signing of a power purchase agreement […] Read more
BayWa r.e. commissions solar projects with output of 76MWp Updated On Mon, May 8th, 2017 by Saurenergy BayWa r.e. has set up all of these turnkey plants within the last five months. The commissioning in March 2017 ensured accreditation of these solar projects for ROC 1.2 promotional programmes in England and Wales as well as for ROC 1.4 in Northern Ireland BayWa r.e. has announced that it has successfully connected seven solar […] Read more
Dominion to Acquire Large-Scale Solar Energy Facility under Construction in North Carolina Updated On Fri, May 5th, 2017 by Saurenergy Dominion is planning to expand its solar energy portfolio in North Carolina, and the Company expects to close on Anson County project upon completion in second-quarter 2017. Dominion has announced that it plans to purchase a 79 MW solar energy facility under construction in Anson County, N.C., from Cypress Creek Renewables. A power purchase agreement […] Read more
MoAs signed for first wind auction Scheme ; Another wind auction Scheme for 1000 MW announced Updated On Thu, May 4th, 2017 by Saurenergy The Memorandum of Agreements (MoAs) for purchase of 1000 MW wind power under MNRE’s first wind auction Scheme were signed here today between PTC India, the trading company, and Discoms of Uttar Pradesh, Bihar, Jharkhand, Delhi, Odisha and Assam. The signing ceremony took place during the two days Conference of Power, New & Renewable Energy […] Read more
Jharkhand Yet to Sign PPAs for 1.1 GW of Solar Updated On Thu, Apr 27th, 2017 by Saurenergy The differences on the quoted tariff have halted the signing of the PPA for 1.1 GW solar power project between the state distribution company (DISCOM) and developers in Jharkhand. In Jharkhand, power purchase agreements (PPAs) for 1.1 GW of solar projects that were auctioned in March of 2016 (LoIs signed May 2016) are yet to […] Read more
Rajasthan Solar Energy Policy Updated On Wed, Apr 26th, 2017 by Saurenergy Rajasthan Solar Energy Policy Updates 2017 The new fixed tariff of Rs. 3.93 (~$0.06)/kWh as the generic tariff levelised for 25 years for solar PV projects excluding accelerated depreciation (AD) has been announced by the Rajasthan Electricity Regulatory Commission (RERC) in October 2017. The fixed AD component is fixed at Rs. 0.27 (~$0.004)/kWh making the […] Read more
India’s solar capacity addition to remain strong (7-7.5 GW) in FY 2018 backed by project pipeline: ICRA Updated On Wed, Apr 26th, 2017 by Saurenergy India’s wind power capacity addition in the current fiscal will depend on bidding plans of utilities, while that of solar power will remain strong at 7- 7.5 GW, credit rating firm Icra said today. The renewable energy (RE) sector reported a record capacity addition of over 11 GW in FY2017, an increase of around 60% […] Read more
Gujarat Solar Energy Policy Updated On Wed, Apr 26th, 2017 by Saurenergy Gujarat Solar Energy Policy Updates 2017 The 50 percent cap of the approved load or contracted demand by small residential rooftop owners has been removed by the government of Gujarat enabling the residential consumers to install rooftop solar systems of any capacity of their own. The order came in effect from April 13, 2017. The […] Read more
