Domestic firms dominated Jharkhand‘s 1.2 GW Solar Tender Updated On Fri, Mar 25th, 2016 by Saurenergy Jharkhand’s first bulk tender of solar power projects of 1.2GW received interest from Indian companies. The state issued tender to allocate 1200 MW of solar power projects to private developers in December last year. Early this month Results announced by the Jharkhand government shows bids placed by successful project developers range between Rs 5.08/kWh and […] Read more
India to become the 3rd Largest PV Market to overpower Japan – Reports Updated On Wed, Mar 23rd, 2016 by Saurenergy India’s overall solar project in pipeline now stands at a staggering 23 GW. More than half of it is expected to come online within two years. Bridge to India estimates capacity addition of 4.8 GW solar power plants by this year and over 9 GW in 2017 excluding capacity additions in the rooftop and open […] Read more
SunEdison finds difficult to get buyers for its projects in India Updated On Wed, Mar 23rd, 2016 by Saurenergy US-based renewable energy company SunEdison is finding it difficult to attract buyers for its projects in India. The company failed to sell its 1,480 megawatt (Mw) Indian portfolio to Macquarie Capital, which may affect the valuation of the projects that is estimated by the market at Rs 7,600 crore. According to Business Standard Adani Power […] Read more
Madhya Pradesh to Provide Cheapest Solar Power till Date Updated On Mon, Mar 14th, 2016 by Saurenergy Madhya Pradesh (MP) has largely identified as one of the most solar friendly states with major investors and providers have already bid on these states. With abundance of solar proficiency, MP is aiming to yield the cheapest solar power in world. The benefits are projected to come after the completion of the World’s Biggest Solar […] Read more
Alectris and Shri Shakti Alternative Energy join expertise to manage solar PV assets Updated On Fri, Mar 11th, 2016 by Saurenergy Shri Shakti Alternative Energy and a Greece solar asset care company, Alectris, announces a joint marketing venture leveraging integrated solar operations, maintenance and asset management services to solar PV installations in the country. Alectris has recently introduced its solar ERP software platform – ACTIS at Indian Power Stations O&M conference, the solution is claimed to […] Read more
Four more Railway Divisions of Ajmer gets Solar Power Plants Updated On Thu, Mar 10th, 2016 by Saurenergy The solar province is unfurling across one of the largest cities of Rajasthan. Marwar Junction, Rani, Falna and Ranapratap Nagar railway stations under Ajmer division have been identified for solar power. These four railway stations of Ajmer Division will soon use clean energy as the Indian Railways will install solar power plants. Indian Railway Finance Corporation Ltd (IRFC) and […] Read more
Maharashtra, UP gets Tough Solar Targets for 2022 Updated On Wed, Feb 24th, 2016 by Saurenergy The MNRE has recently handed over red-letters to solar-friendly states underlining targets and deadline for renewable energy generation and absorption. The letter pronounces Maharashtra and Uttar Pradesh into the challenging solar energy targets by 2022, asserting Maharashtra to increase 30 times solar capacity to its existing 378.7 MW generating 11,926 MW. UP also has a […] Read more
Bihar Sign MoU under “UDAY” Scheme, becomes the Sixth State Updated On Tue, Feb 23rd, 2016 by Saurenergy Bihar to become the sixth state to benefit from the UDAY scheme, as the Government of India, the State of Bihar and the DISCOMs of Bihar (North Bihar Power Distribution Company Limited, and South Bihar Power Distribution Company Limited) signed Memorandum of Understanding (MOU) for operational and financial turnaround of the DISCOMs. Bihar is the […] Read more
Solar Power Tariffs to witness Legitimate Fall – Study Updated On Fri, Feb 19th, 2016 by Saurenergy Despite aggressive bidding, debt viability of projects with low execution and counterparty risks — especially those under the Jawaharlal Nehru National Solar Mission scheme and Solar Park scheme, is likely to remain intact,” said a recent report of India Ratings and Research, or Ind-Ra. Solar power tariffs—which hit a low of Rs 4.34 per unit […] Read more