Fortum bags 100 MW solar power park project in a reverse auction in Karnataka Updated On Wed, Apr 13th, 2016 by Saurenergy Finnish utility firm Fortum has announced that it won bid for 100 MW solar power park in the reverse auction. The reverse auction was conducted by NTPC on 12th April 2016 for the selection of 500 megawatt (MW) grid connected solar PV projects under Batch II Tranche I of JNNSM phase II. The solar power […] Read more
Indo National commissions 4.60 MWp solar power plant at Polepally Village, Telangana Updated On Sat, Apr 2nd, 2016 by Saurenergy Indo National Ltd. has commissioned 4.60 MWp solar power plant at Polepally Village, Mehaboob Nagar District, Telangana investing Rs. 30 crores with an average revenue generation of around Rs. 4 crores per annum. The firm entered into a Power Purchase Agreement (PPA) for a period of 15 years with Deccan Hospitals for power supply generated […] Read more
Origin Energy inks deal with Moree Solar Farm to buy solar power output Updated On Thu, Mar 31st, 2016 by Saurenergy Origin Energy has signed an agreement to purchase electricity for 15 years from Moree solar farm in New South Wales. Origin Energy is touting the 15-year power purchase agreement (ppa) as a “landmark”. It is the first agreement that company has struck with a large scale solar facility. Under the agreement the utility will purchase […] Read more
Chennai Metro Rail to have its first solar power generation facilities in six months: Report Updated On Thu, Mar 31st, 2016 by Saurenergy Chennai Metro Rail Limited to install its first solar power plant with a production capacity of 1MW in next six months claims a report. According to The Hindu CMRL will install its first solar power panel on the rooftop Koyambedu depot at and later install it in stations too. The Koyambedu depot which spreads over […] Read more
Madhya Pradesh to Provide Cheapest Solar Power till Date Updated On Mon, Mar 14th, 2016 by Saurenergy Madhya Pradesh (MP) has largely identified as one of the most solar friendly states with major investors and providers have already bid on these states. With abundance of solar proficiency, MP is aiming to yield the cheapest solar power in world. The benefits are projected to come after the completion of the World’s Biggest Solar […] Read more
ReNew Power inks PPAs for 286 MW Solar Project in Telangana Updated On Wed, Mar 9th, 2016 by Saurenergy The Indian solar and wind energy major, ReNew Power Ventures signs a Purchase Power Agreements (PPAs) for four solar ground mounted projects with combined capacity of 286 MW in Telangana. Winning the highest bid for 2000 MW solar projects in the state, the company has well-stable to be the largest solar energy company in Telangana […] Read more
Dairyland, Xcel Energy agrees to purchase electricity from multiple new solar facilities in Wisconsin Updated On Tue, Mar 1st, 2016 by Saurenergy Last week on Wednesday two Wisconsin services announced projects that will roughly double the state’s solar energy generation capacity. Dairyland Power Cooperative has entered into agreement to purchase electricity from 12 new solar arrays with a combined capacity of almost 19 megawatts, while Xcel Energy will be purchasing up to 3 megawatts of electricity from […] Read more
Solar Power Tariffs to witness Legitimate Fall – Study Updated On Fri, Feb 19th, 2016 by Saurenergy Despite aggressive bidding, debt viability of projects with low execution and counterparty risks — especially those under the Jawaharlal Nehru National Solar Mission scheme and Solar Park scheme, is likely to remain intact,” said a recent report of India Ratings and Research, or Ind-Ra. Solar power tariffs—which hit a low of Rs 4.34 per unit […] Read more
Indian Govt to Dispatch an Incentives Scheme for Solar Power Plants Updated On Thu, Feb 4th, 2016 by Saurenergy The Indian Govt. is working on incentives scheme for solar power projects, generating capacity of 3,000MW or above. The authority has reported that incentives scheme is like to assign in the forthcoming Fiscal Year 2016-2017. ‘An interministerial committee led by the Department of Industrial Policy and Promotion (DIPP) Secy will secure the report very soon, […] Read more
