SECI Receives Bids For 2100 MW Against 1200 MW Solar Tender Updated On Thu, May 30th, 2019 by Saurenergy The Solar Energy Corporation of India (SECI) has received bids for development of solar projects worth 2100 MW for its tranche-IV interstate transmission system (ISTS)-connected solar tender. The SECI solar tender for setting up of 1200 MW ISTS-connected solar projects in the country was oversubscribed by 900 MW after receiving bids from 7 developers worth 2100 […] Read more
MNRE Mulling Over Public Portal To Disclose Payment Delays by Discoms Updated On Fri, May 24th, 2019 by Saurenergy MNRE may open an online portal to publicly disclose the status of Discoms’ payments. The Ministry of New and Renewable Energy (MNRE) is considering setting up a web portal to publicly disclose payment delays to renewable energy players from power distribution companies (Discoms). The move is expected to usher in more transparency in pending payments. […] Read more
Solar Dominates as China Approves 21 GW of Subsidy Free RE Projects Updated On Thu, May 23rd, 2019 by Saurenergy Chinese authorities approved list puts solar projects ahead of wind and other renewables China’s top economic planning agency, the National Development and Reform Commission (NDRC) has given the nod to the first batch of renewable projects under its new zero-subsidy policy. NDRC gave a go-ahead to 20.8 GW of renewable energy projects that will be […] Read more
Maharashtra Discom Warned Over Late Payment to Wind Developers Updated On Wed, May 22nd, 2019 by Saurenergy If MSEDCL deviates from its commitment to Petitioners to clear the dues within the time limit, penal interest will accrue thereafter at 1.25% per month on any Late Payment Surcharge/Delayed Payment Charge. The Maharashtra Electricity Regulatory Commission (MERC) has cautioned state Discom Maharashtra State Electricity Distribution Corporation Ltd. (MSEDCL) over the delay in making payments […] Read more
Tata Power Renewables Wins Dholera Solar Auction with Rs 2.75/kWh Bid Updated On Wed, May 22nd, 2019 by Saurenergy Tata Power’s renewable arm, Tata Power Renewable Energy has emerged as the winner in the latest solar auction conducted by the Gujarat Urja Vikas Nigam Limited (GUVNL) for awarding 1000 MW capacity to be built at the Dholera Solar Park. In response to the 1000 MW tendered capacity, and in the third time of asking after […] Read more
Interview with Manish Gupta, Managing Director, Insolation Energy Pvt Ltd Updated On Sat, May 18th, 2019 by Saurenergy Industry Needs Some Breathing Space in Terms of Prices to Grow Cost of module is really the toughest part of the business. We have maintained low prices despite an increase in RM cost. We are managing by increasing the capacity so that fixed costs are reduced and by high volume procurement we have been […] Read more
China, US & France Top 3 Markets for RE, India Slips to 4th: Report Updated On Fri, May 17th, 2019 by Saurenergy China and US held the top 2 attractive markets’ status for Renewable energy according to EY index while India drops its third position. China and the US remained the most attractive markets for renewable energy in Ernst & Young’s 53rd edition of the Renewable Energy Country Attractiveness Index (RECAI). The next spot was held by France which ranked third […] Read more
Nordex Receives Order For 74 Delta4000 Turbines For 350 MW Wind Project Updated On Wed, May 15th, 2019 by Saurenergy The wind turbines, which will be installed at an Oklahoma wind farm that has a proposed energy generating capacity of 350 megawatts will be delivered and installed in the spring of 2020. European wind turbine maker Nordex Group recently announced that it has bagged an order for supplying 74 wind turbines for a proposed 350 MW wind […] Read more
APICORP Signs $75 Mn Financing Facility with Saudi Renewable Firm Alfanar Updated On Wed, May 15th, 2019 by Saurenergy The 5-year financing facility has been initially designed to support the Saudi-based renewable energy developer’s renewables energy projects, most notably the wind project it is currently developing in Spain. The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, has signed a strategic five year Murabaha financing facility worth USD 75 million with Alfanar […] Read more
