Rupee fall puts Rs 28,000 crore solar projects at risk Updated On Wed, Oct 31st, 2018 by Saurenergy With safeguard duty, this can crank up tariffs by 30 paise/unit for future projects Nearly half of the solar power capacities under implementation worth ~Rs 28,000 crore face viability risk because of the continuous fall in the rupee, which has made imported solar modules costlier and increased the cost of setting up solar plants. These […] Read more
CMI Inaugurates MiRIS: Europe’s Largest Industrial Energy Storage Pilot Plant Updated On Tue, Oct 30th, 2018 by Saurenergy MiRIS Project investigates energy storage, PV, and microgrid integration and optimization CMI Energy’s MiRIS project will be integrated with the CMI Group’s headquarters complex to allow its engineers to perform detailed analysis of renewable integration with energy storage CMI Energy, part of CMI Group, will be inaugurating Europe’s largest industrial energy storage facility on October 26, […] Read more
Canadian Solar and PKA Complete a Large Scale Solar Transaction in California Updated On Tue, Oct 30th, 2018 by Saurenergy Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, and Pensionskassernes Administration (“PKA”), one of Denmark’s largest pension service providers, today announced Recurrent Energy, LLC (“Recurrent Energy”), a wholly owned subsidiary of Canadian Solar, has finalized a transaction with PKA for its interests in two solar photovoltaic projects. In a deal valued around 2 […] Read more
Tata Power Announces Q2 FY 2018-19 Result with 85% Increase in Consolidated PAT; Reaffirms Strong Operating Performance Updated On Mon, Oct 29th, 2018 by Saurenergy Reports 19% Increase in Renewables Ebitda at Rs 631 crore Reports strong all-round performance in H1 FY19. Consolidated underlying business EBITDA stood at Rs 2,668 crore for the quarter due to strong operating performance of all businesses Q2 FY19 Consolidated PAT was up 85% at Rs 393 crore as compared to Rs 213 crore in previous year mainly due […] Read more
Sungrow Creates Awareness about Solar at IIT Patna Updated On Mon, Oct 29th, 2018 by Saurenergy The company said in a statement that, “It recently made a compelling success with an open course held in one of Indian well-known university, Indian Institute of Technology Patna (IITP), under the title solar innovation and contribution.” One of the leading inverter solution suppliers for renewable, Sungrow launched an awareness program about solar at the […] Read more
Low-ceiling tariff by SECI gets auction postponed again for 1200 MW Hybrid Tender Updated On Mon, Oct 29th, 2018 by Saurenergy The main reason was poor response from developers, who claimed to have stayed away mainly because SECI had set a tariff ceiling for the auction at Rs 2.60 per unit, which developers felt was too low. The auction, which was to be held on October 26, is now set for November 14. SECI has postponed its […] Read more
Piyush Goyal Gets Top Prize in Energy Policy Updated On Sat, Oct 27th, 2018 by Saurenergy As former Minister of Power and Renewables, Goyal fast-tracked the electrification of 18,000 remote villages in India—bridging the country’s vast energy divide. The Kleinman Center for Energy Policy bestowed its highest award ‘Carnot Prize’ to Piyush Goyal, India’s former Minister of Power and Renewables and current Minister of Railways and Coal. As former Minister of […] Read more
Results of E-Bidding and E-RA for 1200 mw ISTS-Connected Wind Power Projects (Tranche-v) Updated On Sat, Oct 27th, 2018 by Saurenergy SOLAR ENERGY CORPORATION OF INDIA LIMITED Selection of 1200 MW ISTS-connected Wind Power Projects (Tranche-V) (RfS No: SECI/C&P/WPD/1200MW/T5/RfS/022018 dated 30.06.2018) After Technical Bid Opening After e-Reverse Auction (held on 25.09.2018) Sl. No. Bidder’s Name Capacity (MW) Bidder’s Name Bidder’s Quantity (MW) Tariff (INR/kWh) Awarded capacity (MW) 1 Alfanar Company 300 Torrent Power Limited 115 2.76 […] Read more
US Wind Turbine Market to be Driven by Decarbonization Targets and Favorable Regulatory Directives Updated On Fri, Oct 26th, 2018 by Saurenergy Global wind turbine market players recently witnessed a path-breaking announcement by energy giant GE, regarding the deployment of the most powerful offshore wind turbine called the Haliade-X in 2021. The deployment of the 12-megawatt wind turbine is expected to put GE in the leading position in the offshore wind turbine market as the new wind […] Read more