Azure Power Hits another Milestone; Surpasses 1 GW of Operating Solar Capacity Updated On Tue, May 15th, 2018 by Saurenergy This milestone was achieved with the company’s recent commissioning of a 50 MW project in Andhra Pradesh. Adding another feather in the cap, Indian solar power producer Azure Power has enhanced its portfolio by surpassing 1 GW of operating solar capacity. The achievement has made it one of the largest solar power companies in India. Further, […] Read more
Canadian Solar Expands Footprint to S. Korea; Gets Exclusive Rights for PV Proj in Gangwon Updated On Tue, May 15th, 2018 by Saurenergy The construction of the project is expected to kick off in early next year. Publicly traded solar PV modules maker Canadian Solar has expanded its footprints to South Korea by acquiring exclusive rights to develop an 8 MWp solar photovoltaic (PV) project in Gangwon Province. Further, this is the company’s first solar power project in […] Read more
Maharashtra Saw Overwhelming Response to 1000 MW Auction Updated On Tue, May 15th, 2018 by Saurenergy Mahoba Solar got 200 MW at Rs 2.71 per unit while as Technique Solar got 20 MW at the same price. Similarly, others who participated in the auctions were ReNew Solar Power which got 250 MW; Acme Solar Holdings won 250 MW, Tata Power Renewable Energy that got 150 MW, and Shapoorji Pallonji Infrastructure Capital that won 80 […] Read more
Govt Brings National Policy for Wind-Solar PV Hybrid Projects Updated On Tue, May 15th, 2018 by Saurenergy A scheme for new hybrid projects under the policy is also expected shortly. The government has issued a new national wind-solar hybrid policy aiming to provide framework for promotion of large grid connected wind-solar PV hybrid system for efficient utilization of transmission infrastructure and land. The Ministry of New and Renewable Energy (MNRE) also said […] Read more
KSEB, NTPC Ink Pact for Increasing Solar Power Generation Updated On Mon, May 14th, 2018 by Saurenergy The agreement signed also includes a deal to set up a 15 MW solar power unit at the NTPC complex in Kayamkulam. The Kerala State Electricity Board (KSEB) and National Thermal Power Corporation (NTPC) has entered into a Memorandum of Understanding (MoU) for increasing solar power generation in the state of Kerala. According to an official release, the agreement signed […] Read more
Andhra Pradesh to Give Farmers Power to Sell Power Updated On Mon, May 14th, 2018 by Saurenergy The project will be launched on a pilot basis in Visakhapatnam, Vizianagaran and Srikakulam district. The first 75,000 solar pump sets worth Rs 3.5 lakh each will be provided to farmers in these districts. On an estimate the pilot project will cost around Rs 2,625 Crore. Andhra Pradesh government is planning to initiate a scheme […] Read more
HNPCL Acquires Mumbai-Based Solar Firm for Rs 1,000 Cr Updated On Mon, May 14th, 2018 by Saurenergy Last year Andhra Pradesh-based thermal energy company, HNPCL, had initiated talks to purchase Kiran Energy, which is having an operational portfolio of around 85 MW now. Hinduja Group flagship firm Hinduja National Power Corporation Ltd (HNPCL) has acquired Mumbai-based Kiran Energy Solar Power for about Rs 1,000 crore, as revealed by the two sources close […] Read more
Installed Renewable Energy Capacity Nearly Doubled Since 2014, says Govt Updated On Mon, May 14th, 2018 by Saurenergy With 70 GW installed renewable power capacity, renewable energy has a share of over 20 percent of the total installed capacity in the country, it further added. In a major boost to cleaner and greener planet, the total renewable energy installed capacity of the country has risen significantly in just four years i.e. from 36 […] Read more
MNRE issues National Wind-solar Hybrid Policy Updated On Mon, May 14th, 2018 by Saurenergy The Policy provides framework for promotion of large grid connected wind-solar PV hybrid system A scheme for new hybrid projects under the policy is also expected shortly. Ministry of New and Renewable Energy has issued National Wind-Solar Hybrid Policy here today. The objective of the policy is to provide a framework for promotion of large […] Read more