Solar developers seems least interested for TANGEDCO’s solar projects Updated On Mon, Nov 28th, 2016 by Saurenergy In October, Tamil Nadu Generation and Distribution Corporation Limited floated a tender for 500 MW of utility scale solar projects. The tender received limited interest and that too predominantly from smaller developers who have submitted 20 bids totaling just 116 MW. This tender from TANGEDCO follows an allocation of approx. 1200 MW in early 2015 […] Read more
Government of India sanctions three ultra mega solar power projects for Maharashtra Updated On Sat, Nov 26th, 2016 by Saurenergy The Government of India has sanctioned three ultra mega solar power projects in Maharashtra. Of three, one will be set up in Vidarbha while the other two will be in Marathwada and Khandesh. A committee of an eleven member under principal secretary (energy) had been set up to identify the sites for these plants. According […] Read more
Center grants Rs 2.45 crore for solar city projects Updated On Tue, Nov 22nd, 2016 by Saurenergy The Government of India has granted Rs. 2.45 crore for development of solar city project. The master plan includes preparation of, solar city cells, promotional activities and installation of renewable energy projects under the Solar City Programme in Mysuru and Hubballi-Dharwad. According to a Press Information Bureau release, the Center had already released Rs 0.87 […] Read more
ReneSola to sell 26MW of Solar Projects in the UK to a European investor Updated On Thu, Nov 10th, 2016 by Saurenergy ReneSola Ltd has announced that it has signed agreements to sell its six utility-scale projects in the United Kingdom to a European investor. These projects have a combined capacity of approximately 26 MW. The six utility-scale projects powered by company’s Virtus II modules are located in Carlam Hill Farm, North Wales, and Monmouthshire. All of […] Read more
Solar Frontier provides solar panels to Honda for fuel-cell-powered automobile projects Updated On Wed, Nov 9th, 2016 by Saurenergy Solar Frontier has announced that it has provided a total of 20 kW of CIS thin-film solar panels for Honda Motor Company’s 70MPa Smart Hydrogen Station (SHS). The demonstration testing for SHS commenced on October 24th in Tokyo, Japan. This is the first time that Solar Frontier has supplied its solar panels for fuel-cell-powered automobile […] Read more
Azure power raises 470 million dollars financing for its solar projects Updated On Tue, Nov 8th, 2016 by Saurenergy Azure Power, a leading independent power producer in the solar power sector in India, announces it has tied-up approximately US$ 470 million financing for its projects to be commissioned in 2017. This is one of the largest financing done till date in the Indian solar sector. With this tie-up Azure Power’s cumulative financial commitment to […] Read more
IDFC Alternatives acquires three solar projects from Punj Lloyd Updated On Mon, Oct 24th, 2016 by Saurenergy The India infrastructure fund of IDFC Alternatives has bought three solar projects in Rajasthan and Punjab from Punj Lloyd Infrastructure as part of the company’s plan to set up a strong foothold in the renewable energy space through acquisitions — as much as 1 GW in a year or so. IDFC Alternatives signed the deal […] Read more
TANGEDCO releases tenders for solar projects Updated On Fri, Oct 21st, 2016 by Saurenergy Tamil Nadu Generation and Distribution Corporation Limited has released tenders for solar power projects in 2016-17. This is the first time the distribution company has floated tenders for solar projects, while the previous ones were scrapped by Tamil Nadu Electricity Regulatory Commission in 2014. Since then TANGEDCO has been signing MoUs at a fixed tariff […] Read more
MNRE amends new guideline for selection of 3000 MW Grid connected solar PV power projects Updated On Sat, Oct 1st, 2016 by Saurenergy The Ministry of New and Renewable Energy has brought new amendment to the guideline for selection of 3000 MW Grid connected Solar PV Power Projects under NSM, Phase-II, Batch-II. The Section 3.5 stands modified as follows: Existing provision Modified provision 3.5 Qualification Criteria for Short-Listing of Bids/ Projects A. Financial Criteria Infusion: Minimum paid up share […] Read more