Govt. Extends Deadline for Completion of Solar Power Projects Updated On Wed, Jun 20th, 2018 by Saurenergy Earlier, the deadline for commissioning projects was 15 months with a relaxation of one year for land acquisition delays. The solar power projects that have been bid out under the tariff-based reverse auctions are given extension in their deadlines by the Ministry of Power. The relaxations have been offered under the amendment to the guidelines […] Read more
Enphase to Buy SunPower’s Microinverter Business Updated On Thu, Jun 14th, 2018 by Saurenergy According to the Enphase Energy, The five-year agreement is intended to accelerate global adoption of AC modules as the de facto residential solution. After trading hours, the Enphase Energy announced that it plans to acquire microinverter business of SunPower for $25 million in cash and $ 7.5 million in shares of Enphase common stock. According […] Read more
Tata Power Renewable Energy Inks PPA with GE for Solar Rooftop Solns Updated On Wed, Jun 13th, 2018 by Saurenergy The solar rooftop projects installation will help to generate over 1 million kWh of electricity per year, and will lead to an average tariff reduction of around 30 percent. Tata Power’s wholly-owned arm Tata Power Renewable Energy has signed a power purchase agreement (PPA) with GE to provide solar rooftop solutions for 6 manufacturing and services sites in […] Read more
Tata Power Renewable Gets 150 MW Solar Proj in MSEDCL’s 1,000 MW Bid Updated On Mon, Jun 11th, 2018 by Saurenergy The company has received the Letter of Award (LoA) to develop the project and will sign a 25 year Power Purchase Agreement (PPA) with the MSEDCL. Tata Power’s renewable arm Tata Power Renewable Energy Ltd (TPREL) has bagged the 150 MW solar PV project in the bidding process of Maharashtra State Electricity Distribution Co Ltd’s […] Read more
Azure Power Wins 75 MW Solar Power Project in NE Updated On Thu, Jun 7th, 2018 by Saurenergy The company will sign a 25 year Power Purchase Agreement (PPA) with Assam Power Distribution Company Ltd (APDCL) at a weighted average tariff of Rs 3.37 (~US cents 5.2) per kWh. India’s one of the leading solar power producers Azure Power has won the largest solar power project of 75MW in Assam in the North […] Read more
Azure Power Wins Largest Solar Power Project (75 MWs) in Northeast India Updated On Thu, Jun 7th, 2018 by Saurenergy Azure Power wins 75 MWs, highest allocation out of a 100 MW tender, in Assam Azure Power (NYSE: AZRE), one of India’s leading independent solar power producers, announced that it has won the largest (75 MWs) solar power project in the North Eastern region of India. Azure Power will sign a 25 year Power Purchase Agreement […] Read more
Bescom Eyes Solar Power to Meet Bengaluru’s Surging Demand Updated On Wed, May 30th, 2018 by Saurenergy The city consumes more than 50 percent of the power generated in Karnataka and the demand is growing by the day. To meet the demand, which is surging sharply, the Bangalore Electricity Supply Company (Bescom) has turned to tap solar energy in a big way. After the world’s largest solar plant in Pavagada was commissioned […] Read more
SECI Issues 5 GW Tender for Solar PV Power Plants Linked with PPAs Updated On Mon, May 28th, 2018 by Saurenergy All the development of manufacturing units and the linked solar PV projects will be on the bases of build own operate (BOO) basis. Furthermore, SECI will enter into Power Purchase Agreement (PPA) with the successful Bidders selected based on this request for selection (RfS) for purchase of Solar Power for a period of 25 years […] Read more
Azure Power Reaches New Milestone; Crosses 2 GW Solar Portfolio Updated On Tue, May 22nd, 2018 by Saurenergy As per the tender terms, the company will sign a 25 year Power Purchase Agreement (PPA) with Mahagenco at a tariff of Rs 3.07 (~US 4.7 cents) per kWh. Yet adding another feather in the cap, Indian solar power producer, Azure Power, has enhanced its portfolio by crossing the 2 GW milestone by winning four […] Read more
