Government’s New Solar Norms Prevents DISCOMSs from Terminating PPAs Updated On Wed, Aug 23rd, 2017 by Saurenergy The solar guidelines, laid down by the renewable energy ministry, prevent DISCOMs from unilaterally amending or terminating PPAs. India has announced new norms to improve bankability of solar power projects and boost investments without raising tariff, even as the International Renewable Energy Agency (IRENA) said the country can raise renewable energy use to meet a […] Read more
D. E. Shaw Renewable Investments Acquires Cuyama Solar Project from First Solar Updated On Fri, Aug 18th, 2017 by Saurenergy The project, which was developed by First Solar, is currently under construction, with completion anticipated by the end of 2017. Power from the project is expected to be supplied to Pacific Gas & Electric (PG&E) under a 25-year power purchase agreement (PPA) starting in January 2019 D. E. Shaw Renewable Investments has acquired 40 Megawatt […] Read more
Falling panel prices and increased competition have contributed to aggressive bids: Ind-Ra Updated On Thu, Aug 17th, 2017 by Saurenergy “An increase in panel conversion efficiency has contributed to a reduction in land required for panels and a fall in the balance of system cost, resulting in lower bids,” Ind-Ra said. With solar developers bidding aggressively at lower tariffs, they have little financial buffers to face challenges such as cost overrun, increased interest rate and […] Read more
Canadian Solar, EDF Energies Nouvelles partners for 92.5 MWp solar PV project in Brazil Updated On Fri, Aug 11th, 2017 by Saurenergy Canadian Solar is supplying modules for the Project from its 380 MWp modules factory established in Brazil to support the local market. EDF EN do Brasil will manage both the construction and operations phases of the Project. Canadian Solar and EDF Energies Nouvelles has entered into a partnership for 92.5 MWp Pirapora III photovoltaic project […] Read more
Amplus Energy inks PPA deal with Honda Motorcycle and Scooter India for 30MW solar energy Updated On Fri, Aug 11th, 2017 by Saurenergy Honda Motorcycles will meet 85 per cent of plant’s energy needs through solar power supplied by Amplus Energy. Amplus Energy Solutions on Thursday announced that it has inked a Power Purchase Agreement (PPA) deal with Honda Motorcycle and Scooter India to provide 30MW solar energy. The solar power will be provided to Honda’s Narsapura Karnataka […] Read more
Sempra Renewables Acquires 200 MWac/ 281 MWp Solar Project from Recurrent Energy Updated On Tue, Aug 8th, 2017 by Saurenergy The Tranquillity facility was completed by Recurrent Energy in late 2016 and is majority-owned by a subsidiary of Southern Power. Recurrent Energy, a wholly owned subsidiary of Canadian Solar has announced that Sempra Renewables LLC has acquired its 200 MWac/281 MWp Great Valley Solar project, previously called Tranquillity 8. “We are pleased to work with […] Read more
Implementation of GST to Hit Solar Capacity Addition in 2018 Updated On Tue, Aug 8th, 2017 by Saurenergy 2018 will be a different story for the solar industry because of confusion over applicability of the GST on solar products, and this will affect the solar addition capacity in coming year. India has installed around 4800MW solar capacity in the in calendar year 2017, compared to 4038MW commissioned in 2016. Also, it is expected […] Read more
National Solar Energy Federation Seeks More Time for Solar Projects in UP Updated On Tue, Aug 8th, 2017 by Saurenergy The projects of National Solar Energy Federation’s members should be eligible for extension of time as there was a default on the part of UPNEDA, UPTCCL and UPERC. The National Solar Energy Federation of India (NSEFI) has written to the Uttar Pradesh government seeking extension of timeline to commission select solar power projects claiming that […] Read more
P.P. Chaudhary inaugrates 200 KW solar rooftop PV plant commissioned by Jakson Group in Delhi Updated On Wed, Aug 2nd, 2017 by Saurenergy As part of the solar power project, Jakson, installed 669 solar modules of 310 watt manufactured at its solar module manufacturing plant in Greater Noida. Union Minister of State, Ministry of Law & Justice and Electronics & IT, P.P. Chaudhary on Tuesday inaugurated a 200 KW solar rooftop PV power plant installed and commissioned by […] Read more
