KERC accelerating solar projects as demand surges in Karnataka Updated On Wed, Jun 7th, 2017 by Saurenergy The KERC has included cross-subsidy charges on solar power from solar farms. Additionally, it has given a 10-year waiver of key grid charges, for solar power projects commissioned before March 2018. Taking cue from Prime Minster Narendra Modi’s ardent appeal in Paris Climate Conference in 2015 to make India a solar-powered nation, the Karnataka Electricity […] Read more
CONQUEST Acquires 6 Solar PV Parks in France from Solairedirect Updated On Thu, May 25th, 2017 by Saurenergy Solairedirect’s portfolio of six solar PV parks, located in the South of France, represents a total of 35MW power capacity. CONQUEST Asset Management has announced that it has reached a final agreement with Solairedirect, to acquire a portfolio of six solar PV parks in France. Solairedirect’s portfolio of six solar PV parks, located in the […] Read more
GST to cause significant disruption to the solar sector: Bridge to India Updated On Tue, May 23rd, 2017 by Saurenergy Bridge To India notes that the biggest surprise for the power and renewable sector is the announcement of 18% tax rate for solar modules as compared to a present effective rate of zero Government of India recently released final GST rates under the new indirect tax regime proposed to be rolled out from July 1. […] Read more
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
