Karnataka Gets Three Solar PV Projects Through Rays Power Infra Updated On Fri, May 11th, 2018 by Saurenergy Open access model implemented in Karnataka enables access to power at considerably lower rates, offering better efficiencies and lower utility bills while reducing the carbon footprint of industries in the areas being serviced by projects built in the state. Under the state’s open access scheme and to add to its portfolio, Rajasthan-based utility company Rays […] Read more
Pema Khandu Inaugurates Arunachal Pradesh’s Biggest Solar Plant Updated On Thu, May 10th, 2018 by Saurenergy The plant was commissioned on April 1 at an estimated investment of Rs 8.50 crore and has a capacity of 1 MW power generation. At Energy Awareness Park, Arunachal Pradesh CM Pema Khandu along with Power Minister Tamiyo Taga inaugurated the state’s biggest solar power plant. According to a statement issued by state government the […] Read more
Tariffs Drop at NTPC’s Solar Auction Updated On Thu, May 10th, 2018 by Saurenergy All the winners include Sprng Energy, Ayana Renewable Power, and SB Energy Solar. The winners at the auction got 250 MW each. In a 750 MW auction conducted by NTPC for projects at Ananthapuram Solar Park in Andhra Pradesh the tariffs fell to Rs 2.72-2.73 per unit. All the winners include Sprng Energy, Ayana Renewable Power, […] Read more
California Mandates Solar Panels on All New Homes Updated On Thu, May 10th, 2018 by Saurenergy The move was approved unanimously by five-member California Energy Commission and is first of its kind in the country. It is seen as a latest effort to curb greenhouse gas emissions. Taking a lead in the US, California has made it mandatory for homes and low-rise apartments starting in 2020 to have solar rooftop panels […] Read more
NTPC’s Ananthapuram Solar Park Auction tariffs floated at Rs 2.8 per unit Updated On Thu, May 10th, 2018 by Saurenergy Earlier, in the last weeks of March, the bids in the auction of 500 MW were in range of Rs 2.98-3.06 per unit. However, dismayed with the tariff rates, the government of Gujarat cancelled the auction and may re-issue new tenders soon. In a latest auction for 750 MW at Ananthapuram Solar Park in Andhra […] Read more
ReNew Power to Acquire Five Renewable Energy Firms for Rs 6,000 cr Updated On Thu, May 10th, 2018 by Saurenergy The transaction is expected to be completed by September this year. Gurgaon based ReNew Power is mulling to buy five renewable energy companies in the solar and wind energy space, with combined capacity of nearly 680 MW for about Rs 6,000 crore. Moreover, the transaction is expected to be completed by September this year. Also, […] Read more
India Rapidly Progresses Towards Renewable Energy, says R K Singh Updated On Thu, May 10th, 2018 by Saurenergy “India is making quick progression in the field of renewable energy and the government is committed to achieving the said target by 2022,” said Minister of Power and New Renewable Energy (MNRE), R K Singh. India’s set target of touching 175 GW of renewable energy capacity addition has already seen the accomplishment of 70 GW […] Read more
RBI Cancels Govt Request to Ease Norms for Stressed Power Cos Updated On Wed, May 9th, 2018 by Saurenergy RBI has stated that it is for lenders, administrative ministries, and the developers to find the solution as the regulator won’t give any special treatment to a particular sector. Power Projects worth 20,000 MW are at the verge of liquidation, as the Reserve Bank of India (RBI) has rejected the government’s demand to ease the […] Read more
China Successfully Tests Battery For Renewable Energy Storage Updated On Wed, May 9th, 2018 by Saurenergy The project of energy storage system with batteries was tested in Dalian Institute of Chemical Physics in northern China’s Liaoning Province. For the first time a lead carbon battery for storing power generated from solar panels is developed by Chinese scientists. The claim is that with such devices at disposal the electricity supply is stable […] Read more
