SECI Named Nodal Agency to Implement 2,500 MW Wind-Solar Hybrid Project Updated On Mon, May 28th, 2018 by Saurenergy The eligible capacity for bidding will be a minimum 200 MW and maximum 500 MW by a bidder with project capacity of at least 50 MW at one project site. The Ministry of New and Renewable Energy (MNRE) has appointed Solar Energy Corporation of India (SECI) as the nodal agency for setting up of 2,500 […] Read more
Government Apathy a Bottleneck for Solar Energy Push Updated On Sat, May 26th, 2018 by Saurenergy The delays haven’t gone down well with the prosumers (consumer and producer of solar power), who after investing their money on installing solar panels and getting all the paperwork done, are upset at seeing their installations lie idle. The cabinet had approved the state solar policy last year. The onus is on the government to […] Read more
Adequacy of Transmission Infrastructure Critical, Says ICRA Updated On Fri, May 25th, 2018 by Saurenergy “The notified regulations are positive for developers in the renewable energy sector, as they provide clarity on the procedure and timelines for securing approval for connectivity from the central transmission utility.” In a positive move for developers the Central Electricity Regulatory Commission (CREC) has put out new set of norms on inter-state transmission system (ISTS) for renewable […] Read more
Conti Solar Kicks off Construction of Largest Landfill Solar Project in Ohio Updated On Wed, May 23rd, 2018 by Saurenergy After completion, the project will provide over 5,000,000 kilowatt hours of clean solar electricity to county-owned facilities annually. Solar EPC company Conti Solar has kicked off construction on the 4 MW largest landfill solar project in Ohio. The project is located in Cuyahoga County and is owned and operated by IGS Solar one of the largest independent […] Read more
ACME Secures 250 MW Solar PV Project under MSEDCL’s 1,000 MW Bid Updated On Tue, May 22nd, 2018 by Saurenergy The selection process concluded at a very competitive tariff wherein ACME was allotted largest capacity i.e. 250 MW at a tariff of Rs 2.72/kWh. Country’s one of the leading utility-scale solar power developer ACME has won the 250 MW solar Photo Voltaic (PV) capacity in the reverse auction invited by Maharashtra State Electricity Distribution Co […] Read more
Developers Seek Extension to Install Solar Plants on Government Buildings Updated On Tue, May 22nd, 2018 by Saurenergy The Distributed Solar Power Association (DISPA) wrote two letters to MNRC on April 24 and May 11 in which they highlighted their concerns regarding the completion of the rooftop projects. Citing indifferent attitude of concerned ministers to their efforts, solar rooftop developers have asked for time extension to complete the work of installing solar panels […] Read more
NTPC Defers 2,000 MW Solar Projects Auction Updated On Sat, May 19th, 2018 by Saurenergy The decision came on the backdrop of letter written to Ministry of New and Renewable Energy (MNRE) by the Solar Power Developers Association. The association had sought extension of solar auctions till the issue related to grant of connectivity through inter-state transmission system is not resolved. As developers have raised their concerns and have sought […] Read more
Investors Fear Depreciation in Rupee May Affect Solar Tariffs: Study Updated On Thu, May 17th, 2018 by Saurenergy “If the rupee depreciates to Rs 67 from Rs 65 between the time of tariff bidding and finalisation of terms of payment for module supply (which can easily extend to 6-8 months), the solar power developer will suffer an overall four paisa per unit reduction in margin, which is significant considering the modest margins for […] Read more
Six Bidders Win 1 GW Floating Solar Project for Ujjani Dam Updated On Wed, May 16th, 2018 by Saurenergy These players won the contract for different capacities at tariffs of Rs 2.71 and Rs 2.72 per unit. Mahadiscom Maharashtra State Electricity Distribution Company Ltd (MSEDCL) has awarded the 1 GW of floating solar capacity on the Ujjani Dam to six bidders, including Tatas, Azure Power and Acme Solar out of twenty-five bidders. These players won the contract […] Read more