Tata Power to Develop 250 MW Solar Projects at Pavagada Solar Park Updated On Wed, Jul 11th, 2018 by Saurenergy These projects will be set up at the Pavagada Solar Park in Karnataka and the energy will be supplied to the State Discoms under a 25-year Power Purchase Agreements (PPA). Power major Tata Power’s renewable arm, Tata Power Renewable Energy Ltd (TPREL), has received a Letter of Award from Karnataka Renewable Energy Development Ltd (KREDL) […] Read more
Indian, Korean CEOs Discuss Ways to Strengthen Energy Cooperation Updated On Wed, Jul 11th, 2018 by Saurenergy The CEOs announced the formation of 6 working groups in sectors like Auto, Infrastructure, Services, Electronics (including renewable and allied sector) & IT and Startups and Innovation Ecosystem (including MSMEs & SMEs) and Defense Manufacturing. The 2nd India-Korea CEOs Forum meeting was held in New Delhi with leading CEOs from both the nations developing an ambitious agenda […] Read more
Investment in Solar Power Projects Likely to Fall in 2018 Updated On Tue, Jul 10th, 2018 by Saurenergy The mixed picture for global clean energy investment in 2018 is emerging, and at the same time, the commitment to wind and energy-smart technologies such as EV and batteries are running above last year’s levels. In the first half of 2018, the global net investment in solar power projects fell 19 percent from $71.6 billion […] Read more
ACME, NHPC, Bihar-Based Startup Get SIPB Clearance for Solar Projects Updated On Mon, Jul 9th, 2018 by Saurenergy ACME Group through its two arms ACME Nalanda Solar Power and ACME Magadh Solar Power to set up 15 MW and 10 MW solar projects respectively in Kakwara village of Banka, Bihar with an aggregate investment of about Rs 188.76 crore. In a move to boost solar power generation in Bihar, the State Investment Promotion […] Read more
ADB Raises €600 Mn via Green Bond to Spur Climate Financing Updated On Mon, Jul 9th, 2018 by Saurenergy Further, the bond has a coupon rate of 0.35 percent p.a. payable annually and a maturity date of July 16, 2025. It was priced at 99.924 percent to yield 43 basis points (BPS) over the DBR 0.5 percent February 2025. Philippines-based Asian Development Bank (ADB) has raised €600 million to help finance climate change mitigation […] Read more
Andhra Solar Park Projects Saw Lowest Bid at Rs 2.7 Per Unit Updated On Mon, Jul 9th, 2018 by Saurenergy Although the real auction took place last week, the reverse auction for 2,000 MW capacity discovered tariff of Rs 2.44 per unit. Under the reverse auction process, the companies backed by the financers from around the globe have seized the tenders to build 750 MW of solar power projects in Kadapa in Andhra Pradesh. The […] Read more
Six UP Cities Alone Have Potential to Generate 11.4 GW, Says Report Updated On Sat, Jul 7th, 2018 by Saurenergy Solar rooftop has a game-changing potential to completely revitalize the development landscape with improved power supply, massive capital infusion and a significant rise in job creation In a report released by the Centre for Environment and Energy Development, the six UP cities alone have been identified that can generate 11.4 GW of solar energy using […] Read more
Adani Solar Recognized Globally for its Durability and Reliability Updated On Sat, Jul 7th, 2018 by Saurenergy Developers and investors should be aware that not all manufacturers have their modules tested for quality and reliability to vouch for their product lifetime. In a recent report released by DNV GL, the solar manufacturing arm of Adgroup, Mundra Solar PV Limited has emerged as the only Indian company to feature in the fourth annual […] Read more
Manufacturing to Become a Key Element for Solar Power Projects, says Govt. Updated On Fri, Jul 6th, 2018 by Saurenergy So the bigger bids will be focused on manufacturing, while smaller bids will take care of smaller developers. If there is one big bid and one player takes it all, that will be unfair. As the country aims to add close to 500 GW of renewable energy capacity by 2030, the government plans to make […] Read more
