Azure Q2 Loss Narrows to Rs 29.8 Cr on Revenue from New Projects Updated On Thu, Nov 15th, 2018 by Saurenergy Further, the consolidated operating revenues of the company increased by Rs 40.2 crore, or 22 per cent to Rs 2,22.6 crore during Q2 2018-19, against the same period last year. Leading independent solar power producer Azure Power Global reported its consolidated net loss narrowed significantly to Rs 29.8 crore during the July-September quarter of FY19, driven […] Read more
Rupee fall puts Rs 28,000 crore solar projects at risk Updated On Wed, Oct 31st, 2018 by Saurenergy With safeguard duty, this can crank up tariffs by 30 paise/unit for future projects Nearly half of the solar power capacities under implementation worth ~Rs 28,000 crore face viability risk because of the continuous fall in the rupee, which has made imported solar modules costlier and increased the cost of setting up solar plants. These […] Read more
Results of E-Bidding and E-RA for 1200 mw ISTS-Connected Wind Power Projects (Tranche-v) Updated On Sat, Oct 27th, 2018 by Saurenergy SOLAR ENERGY CORPORATION OF INDIA LIMITED Selection of 1200 MW ISTS-connected Wind Power Projects (Tranche-V) (RfS No: SECI/C&P/WPD/1200MW/T5/RfS/022018 dated 30.06.2018) After Technical Bid Opening After e-Reverse Auction (held on 25.09.2018) Sl. No. Bidder’s Name Capacity (MW) Bidder’s Name Bidder’s Quantity (MW) Tariff (INR/kWh) Awarded capacity (MW) 1 Alfanar Company 300 Torrent Power Limited 115 2.76 […] Read more
GCL Strengthens Solar Projects Within ‘Belt and Road’ Countries Updated On Tue, Oct 23rd, 2018 by Saurenergy At the 2018 International Forum on Energy Transitions (the “Forum”) in Suzhou, China, Mr. Zhu Gongshan, Chairman of GCL Group (the “Group”), and Mr. Luo Xin, President of GCL System Integration Technology Co., LTD. (SZ: 002506) (“GCL-SI”), the world’s leading one-stop solutions provider for solar projects, offered an update on the Group’s growth and expansion in […] Read more
Sterling and Wilson to Strengthen Footprints in Kazakhstan; Mulls 200MW Solar Projects Updated On Thu, Oct 11th, 2018 by Saurenergy The country is working to increase the share of renewable energy in electricity generation, which is expected to reach 3 percent by 2020 and 10 percent by 2030. One of the leading solar EPC solutions providers Sterling and Wilson has planned to strengthen its footprints in Kazakhstan. The company is targeting a CPE (electrical performance […] Read more
Financers, Bankers and Economists Discuss Measures to Improve Financing for Renewable Energy Projects; Laud India’s Achievements in Renewable Energy Updated On Thu, Oct 4th, 2018 by Saurenergy Leading bankers and renewable energy financing experts from multi-lateral agencies discussed solutions to issues pertaining to financing of renewable energy projects, and how access to financing can be improved to expand clean energy projects across the world, at a Plenary Session titled ‘Bankers’ Perspective on Renewables’, of the 2nd Global RE-Invest India-ISA Partnership Renewable Energy […] Read more
JinkoSolar Ranked as Top Solar Brand Used in Debt-Financed Projects and Most “Bankable” PV Manufacturer by Bloomberg New Energy Finance Updated On Fri, Sep 14th, 2018 by Saurenergy SHANGHAI – September 14, 2018 – JinkoSolar Holding Co., Ltd. (“JinkoSolar” or the “Company”) (NYSE:JKS), a global leader in the solar PV industry, today announced that in addition to being ranked as a top solar brand in debt financed projects, it was named the most “bankable” PV manufacturer by Bloomberg New Energy Finance (BNEF) among 57 […] Read more
MNRE Opines Trimming Commissioning Period for Solar Projects Updated On Thu, Sep 6th, 2018 by Saurenergy The developers have put up concerns over the suggestion given by MNRE as shortening the period to develop solar projects would pressurize the developers and would pose quality issues. Making the solar developers unhappy, Ministry of New and Renewable Energy (MNRE) has proposed to cut short the commissioning period for solar projects in order to […] Read more
MNRE Postpones Commissioning of 7,750 MW Grid-Connected VGF Solar Projects Updated On Sat, Sep 1st, 2018 by Saurenergy MNRE does not hold the developers responsible for the delay in the commissioning of solar PV projects but the supervisory authorities. Ministry of New and Renewable Energy (MNRE) has in a row extended the commissioning deadlines of 7,750 MW grid-connected solar PV power projects under different batches of viability gap funding (VGF) planned under 2nd […] Read more
