Petronas Expands India Bet With 100 MW ACME Buy Through Amplus Updated On Fri, Sep 11th, 2020 by Saurenergy Amplus Energy Solutions, the Malaysian national oil firm, Petronas’s subsidiary in India since its own acquisition by Petronas last year, has moved to acquire 100MW of solar assets owned by ACME Solar. The reported price for the deal is $110 million., or almost Rs 800 crores. For the Manoj Upadhyay led ACME Solar, the deal […] Read more
Access To Capital Markets Becoming a Glaring Gap For Indian Solar Firms Updated On Fri, Sep 11th, 2020 by Saurenergy This week, Suzhou, China-based GoodWe inverters celebrated its listing on the Shanghai stock market, coincidentally on its 10th anniversary. For the well-known inverter firm, the pubic listing is an obvious matter of pride, besides the huge new opportunities it opens up for it. “The IPO marks the beginning of a new chapter,” said Daniel Huang, […] Read more
Indian Railways Begins Talks With key Solar Industry Players Updated On Sat, Aug 29th, 2020 by Saurenergy Piyush Goyal has held a meeting with stakeholders in the solar sector and discussed innovative solutions for setting up solar projects along railways tracks. As part of the Indian Railways‘ plan to become a net-zero carbon emitter by 2030, Railway Minister Piyush Goyal has held a meeting with stakeholders in the solar power sector and discussed innovative […] Read more
SPDA Makes a Case for 18 Month Deferment of BCD On Solar Equipment Updated On Fri, Aug 28th, 2020 by Saurenergy Just a week after the manufacturers association, the All India Solar Industries Association (AISIA) made a plea for 50 percent BCD at the earliest, comes the rejoinder from Solar Power Developers Association (SPDA). The SPDA is a national association representing India’s ‘upcoming’ solar power generators and developers, and says that the Government must reconsider its […] Read more
GSECL Invites Bids For 110 MW Solar In Gujarat Updated On Fri, Aug 28th, 2020 by Saurenergy The Gujarat State Electricity Corporation Limited (GSECL) has invited bids to set up an aggregate 110 MW of grid-connected solar power plants in Gujarat. The bid document says that the plant sizes can vary between 10 MW to 55 MW across three substations operated by Gujarat Energy Transmission Corporation Limited (GETCO). GSECL of course is […] Read more
Aug 21 CEA Report Points To Massive Problems in Solar Project Pipeline Updated On Sun, Aug 23rd, 2020 by Saurenergy A report released by India’s Central Electricity Authority (CEA) on August 21, indicates some huge issues for the ‘pipeline’ of solar (and wind) projects. Looking at the delays and reasons for these delays in many cases, and the evolving situation on the ground,it becomes amply clear that the 2022 target of 175 GW is at […] Read more
SJVN to Build Rs 450 Crore – 100 MW Solar Plant in Dholera Updated On Tue, Aug 18th, 2020 by Saurenergy SJVN has announced that it will be commissioning the 100 MW solar plant at the Dholera Solar Park at an outlay of Rs 450 crore. State-owned Satluj Jal Vidyut Nigam Ltd (SJVN) fresh from its win at Gujarat Urja Vikas Nigam Ltd’s (GUVNL) 700 MW solar auction, has announced that it will be commissioning the […] Read more
5 Winners in GUVNL’s 700 MW Solar Tender, Vena & Tata L1 Bidders Updated On Fri, Aug 14th, 2020 by Saurenergy GUVNL’s 700 MW solar tender saw the entire capacity awarded to five bidders, with Tata Power and Vena Energy submitting the winning L1 bids of Rs 2.78/kWh. The recently concluded auctions for the Gujarat Urja Vikas Nigam Limited’s (GUVNL’s) 700 MW solar tender saw the entire capacity awarded to five bidders. With Tata Power and Vena Energy […] Read more
Dholera Solar Park Tender Oversubscribed by 600 MW Updated On Sat, Aug 1st, 2020 by Saurenergy GUVNL had tendered 700 MW under Phase IX of Dholera Solar Park The Gujarat Urja Vikas Nigam Limited (GUVNL) tender for development of 700 MW of grid-connected solar PV projects at the Dholera Solar Park has been oversubscribed by 600 MW. Bids totaling 1,300 MW were submitted by seven bidders, according to an official overseeing […] Read more
