China Solar Policy May Further Cut Power Bidding Tariff Updated On Mon, Jun 25th, 2018 by Saurenergy The tariffs, which will be discovered in the next rounds of inter-state transmission system bidding, could hit a new low. It may even breach the Rs 2.44 a unit pricing that was discovered during the Bhadla phase-IV bidding. As Chinese government has decided to deploy caps and reduce feed-in-tariffs for solar projects, it is highly […] Read more
Financing Indian Sun Updated On Mon, Jun 25th, 2018 by Saurenergy After out-passing teething troubles related to GST implementation, India firmly cements it’s place as the fastest growing major economy in the world by clocking GDP growth rate of 7.7 per cent during the January to March quarter of FY 18. India, being the Asia’s third-largest economy, clinched this position after surpassing China’s 6.8 per cent […] Read more
Viz-A-Viz with Basant Jain, Chief Executive Officer, Mahindra Susten Updated On Sat, Jun 23rd, 2018 by Saurenergy Q. Being a major player in the solar space, how do you contribute towards India’s clean and green energy initiative? Mahindra Susten (Part of USD 20.7 Billion Mahindra group) is a leading player in the Cleantech space. It is amongst India’s top 2 companies providing turnkey EPC solutions for grid connected solar projects and has […] Read more
Solar-Wind Hybrid Power Policy Announced for Gujarat Updated On Fri, Jun 22nd, 2018 by Saurenergy The policy describes that any developer can set up a solar unit on the land meant for a wing power unit and vice versa. It allows the establishment of wind-solar units that are hybrid in nature. In order to enhance the generation of renewable energy in the state, a new wind-solar hybrid power policy was […] Read more
Solar Manufacturing Scenario of India Updated On Fri, Jun 22nd, 2018 by Saurenergy The incredible growth shown by Indian solar market is un-matching and an important for sector where the country can excel. Initiatives` like International Solar Alliance by India and multiple schemes that benefit the industry have been put in place. If fully harnessed the industry has a strategic importance for the country as it can save […] Read more
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
GCL New Energy Inks PPA for 110 MW Solar Project in Colorado Updated On Fri, Jun 15th, 2018 by Saurenergy Further, this project is located on 611 acre site 35 miles east of Denver, Colorado where the land is flat and has good irradiance. Clean energy conglomerate GCL Group arm GCL New Energy has inked a long-term power purchase agreement (PPA) with Intermountain Rural Electric Association (IREA) for its Pioneer 110 MW greenfield project in Colorado. Further, this […] Read more
Duty Concerns, ISTS Issues May Delay Solar Auctions Updated On Mon, Jun 11th, 2018 by Saurenergy NTPC deferred auction of 2,000 MW of solar capacity to the first week of June. However, the state-run power giant did not auction even in the first week of this month. Amid ambiguity about the imposition of 70 percent safeguard duty on solar equipment, there is an apprehension that solar auctions would be dragged further. […] Read more
Difficult to Achieve 40 GW Solar Rooftop Installation by 2022: Experts Updated On Mon, Jun 4th, 2018 by Saurenergy The target of installing 100 GW of solar capacity by the government has to be achieved by 2022 and out of which the amount of energy that has to come up from rooftop projects is 40 GW. Due to the slow pace of the growth of solar rooftop segment, it would be very difficult for […] Read more
