MNRE issues guideline Tariff Based Competitive Bidding Process to increase affordability of Solar Power Updated On Mon, Aug 28th, 2017 by Saurenergy The guideline for Tariff Based Competitive Bidding Process has been issued by MNRE under the provisions of Section 63 of the Electricity Act, 2003 for long term procurement of electricity by the ‘Procurers’ Ministry of New & Renewable Energy (MNRE) has issued Guidelines for tariff based competitive bidding process for procurement of power from grid connected […] Read more
MAHAGENCO Invites Bids For 200 MW Solar Plant Updated On Sat, Aug 26th, 2017 by Saurenergy Maharashtra State Electricity Generation Company has invited bids of 50 MW each to be developed across the western, western/northern, Vidarbha and the Marathwada regions of the state to in public private partnerships. As a part of its plan to set up 2,500-mw solar capacity over the next five years, the state- run generation company Mahagenco […] Read more
Cyborg Bacteria Can Harvest Solar Energy to Produce Fuel Updated On Thu, Aug 24th, 2017 by Saurenergy To enable humans to capture more of the Sun’s energy than natural photosynthesis can, scientists have taught bacteria to cover themselves in tiny, highly efficient solar panels to produce useful compounds. Scientists have created cyborg bacteria – microbes covered with tiny, highly efficient solar panels – that are better than plants at harvesting the Sun’s […] Read more
United States Examining Partnering With International Solar Alliance Updated On Thu, Aug 24th, 2017 by Saurenergy The USA has shown keen interest to partner in the ISA programme and projects but for formal membership it may have its internal processes. Inspite of the USA withdrawing from the Paris Accord on climate change, International Solar Alliance (ISA) remains hopeful of partnership with that country. “I had received a mail from US yesterday […] Read more
Government’s New Solar Norms Prevents DISCOMSs from Terminating PPAs Updated On Wed, Aug 23rd, 2017 by Saurenergy The solar guidelines, laid down by the renewable energy ministry, prevent DISCOMs from unilaterally amending or terminating PPAs. India has announced new norms to improve bankability of solar power projects and boost investments without raising tariff, even as the International Renewable Energy Agency (IRENA) said the country can raise renewable energy use to meet a […] Read more
MNRE Drafts New Guidelines on Solar Power Procurement Updated On Wed, Aug 23rd, 2017 by Saurenergy Prepared by the MNRE, the new guidelines cover the grid-connected solar PV power projects with a size of 5 mw and above, and will help in reducing off-takers’ risks, encourage investments, enhance bankability of projects and improve profitability for investors. The government has implemented new rules for buying power from grid-linked solar power projects through […] Read more
SolarReserve Signs Agreement with South Australian Government for 150MW Solar Thermal Project with Energy Storage Updated On Sat, Aug 19th, 2017 by Saurenergy The first of its kind in Australia, the Aurora Solar Energy Project will utilize SolarReserve’s leading solar thermal technology with integrated molten salt energy storage. SolarReserve has signed a long-term Generation Project Agreement (GPA) to build a 150 megawatt solar thermal power station with 8 hours of energy storage near the town of Port Augusta, […] Read more
Saudi Arabia Moving Towards a Sustainable Future Updated On Fri, Aug 18th, 2017 by Saurenergy The discourse on renewable sources of energy and other issues of the environment in Saudi Arabia is moving increasingly to the fore. The world’s biggest powers have debated the issue of climate change at length. They came together in 2015 to find possible solutions to curtail its impact. 195 countries made history in 2015 when […] Read more
Falling panel prices and increased competition have contributed to aggressive bids: Ind-Ra Updated On Thu, Aug 17th, 2017 by Saurenergy “An increase in panel conversion efficiency has contributed to a reduction in land required for panels and a fall in the balance of system cost, resulting in lower bids,” Ind-Ra said. With solar developers bidding aggressively at lower tariffs, they have little financial buffers to face challenges such as cost overrun, increased interest rate and […] Read more
