CHANCES & CHALLENGES RELATED TO EPC Updated On Sat, May 27th, 2017 by Saurenergy As the world moves towards the sustainable development, India looks to optimize its energy mix with minimum carbon footprints. India is in the midst of a momentous leap in terms of the proposed use of solar power as part of its overall renewable energy mix. India with its 100GW of solar energy target by 2022 is […] Read more
Power Ministry Proposes Compensation for Grid Curtailment, to Benefit Renewable Energy Sector Updated On Wed, May 24th, 2017 by Saurenergy “If the proposal is adopted it will protect the cash flows to an extent from grid curtailments and also ensure a favourable operational environment for renewable energy projects. It will also be positive for wind and solar energy developers,” The government has proposed a compensation mechanism for existing renewable energy projects, which will protect the […] Read more
Failure by States to Pay for Renewable Power May Trip Green Energy Target by 2022 Updated On Tue, May 23rd, 2017 by Saurenergy Renewable purchase obligation (RPO) refers to the mandate imposed by law on some entities, mainly power distribution companies, to procure a certain part of their power requirement from renewable sources. States are lagging behind in meeting their renewable purchase obligation target which is a key policy instrument to meet the goal of installing 175 gigawatt […] Read more
NTPC likely to be mandated to meet its entire auxiliary power requirement through domestic solar equipment: Report Updated On Mon, May 22nd, 2017 by Saurenergy Nearly 2000 MW of NTPC auxiliary power generation can be replaced by solar energy. Indian government is reportedly looking at means to aid domestic solar equipment manufacturing industry despite facing criticism at WTO for the domestic content requirement clause in the JNNSM. BusinessLine citing a top government official reports that towards this end, NTPC may […] Read more
Uttar Pradesh government to set up 750 MW solar power plant at Badhla, near Jodhpur: Report Updated On Mon, May 22nd, 2017 by Saurenergy The Uttar Pradesh government is targeting to generating solar power from the project from October 2018. Uttar Pradesh government is reportedly gearing up to set up 750 megawatt solar plant at Badhla, near Jodhpur. According to ET UP government will draw the power in the state from the transmission network of Power Grid Corporation of […] Read more
Historic low Tariff of Rs. 2.44 per unit discovered in Bhadla Phase-III Solar Park in auction by SECI Updated On Sat, May 13th, 2017 by Saurenergy The earlier lowest tariff of Rs. 2.62 per kWh, was discovered recently in the auction conducted by SECI for 250 MW Bhadla Phase-IV Solar Park in Rajasthan. The record low tariffs achieved in the auction concluded on 09.05.2017 for Bhadla Phase-IV Solar Park, Rajasthan has been broken, with even lower tariff of Rs. 2.44 per […] Read more
EnSync Terminates Supply Agreement with SPI Solar Updated On Thu, May 11th, 2017 by Saurenergy Pursuant to the Supply Agreement EnSync agreed to sell and SPI agreed to purchase energy management system solutions for solar projects and related services EnSync Energy Systems has reported that due to the failure of SPI Solar Inc. to meet its purchase obligations under its supply agreement with the Company, the Company has terminated the […] Read more
Solar FlexRack Selected for SunShare Community Solar Power Project Pipeline in Minnesota Updated On Wed, May 3rd, 2017 by Saurenergy The Solar FlexRack pre-assembled racking system was selected for its speed and ease of installation significantly reducing labor time and overall solar power project costs. Solar FlexRack, a division of Northern States Metals and innovative leader in solar power tracker, racking and services solutions has announced that its G3P fixed tilt racking has been selected […] Read more
Agreements Signed For 120 MW of Solar Power Projects in Nigeria Updated On Tue, May 2nd, 2017 by Saurenergy Afrinegia Nigeria Limited and CT Cosmos Nigeria Limited have inked an agreement for put/call option with the Ministry of Power Works and Housing for 120 MW of Solar Power Projects in Nigeria Two more solar project developers have signed financial risk agreements for utility-scale solar power projects in Nigeria, strengthening the country’s roadmap towards becoming […] Read more
