Government announces Trajectory to achieve its targets of commissioning 100 GW of Solar generating capacity and 60 GW of Wind power by 2022 Updated On Fri, Nov 24th, 2017 by Saurenergy Government to conduct Third Wind Power Auction of 2000 MW Capacity Power Supply Agreements signed by SECI with utilities of UP, Bihar, Jharkhand, Assam, Punjab, Goa and Odisha The Government today announced the trajectory for achieving its targets of commissioning 175 GW of Renewable Energy (RE), 100 GW of solar generating capacity and 60 GW […] Read more
Solar Panels, Worth Rs 500 Crore Left Stranded At Chennai Port Updated On Thu, Nov 16th, 2017 by Saurenergy The customs department is firm on its statement that panels can be used to produce the electricity directly. The three to four months old dispute between the customs department and the importers incepted at Nhava Sheva port making impactful affects at Chennai. The dispute has left the Solar Power producers berserk as over 1,000 containers […] Read more
Tender for a 200MW Solar Plant are Now Open by Karnataka Renewable Energy Development Limited (KREDL) Updated On Mon, Nov 13th, 2017 by Saurenergy The company winning the tender will also provide operation and maintenance (O&M) services for a period of 10-years. The Karnataka Renewable Energy Development Limited (KREDL) has started inviting tenders for a 200 MW of solar plant to be developed at Karnataka’s Pavagada Solar Park. The agency responsible for implementing renewable energy will accept the bids […] Read more
Tata power’s 100MW Solar Plant was recently awarded for establishment and early commissioning. Updated On Thu, Nov 9th, 2017 by Saurenergy “We are happy to receive this award for establishing and early commissioning of our 100 MW solar power plant in Karnataka.” The large scale 100MW Solar Plant in Karnataka built by Tata Power Renewable Energy Limited’s subsidiary has been awarded for establishing and early commissioning at ‘Power Awards’ 2017 by Karnataka Chief Minister Shri Siddaramaiah. […] Read more
Indian Solar Capacity to Hit 20GW by FY 2017-18 Updated On Thu, Nov 2nd, 2017 by Saurenergy According to a report released by consulting firm Bridge to India, India is expected to reach an installed solar capacity of 20 gigawatts by the end of the present financial year (2017-18). This was the initial target under the National Solar Mission for March 2022, which was later updated to 100 gigawatts. The current utility […] Read more
Indian Solar Power Market Witnesses Change in Demand-Supply Landscape Updated On Mon, Oct 30th, 2017 by Saurenergy Lack of visibility over project pipeline is forcing solar power developers to bid aggressive tariffs and reconsider strategic options including consolidation. The Indian solar power market is being tested to its limits. GST has increased execution costs. Module prices have shot up when bidders were factoring in another 20% price decline by the end of […] Read more
Key technology trends shaping the Global Solar Industry Updated On Mon, Oct 23rd, 2017 by Saurenergy Innovation in Finance When asked about the direction of innovation in financing for clean energy Manish Chaurasia, Managing Director, Tata Cleantech Capital Ltd. (TCCL) said, there is a lot of innovation happening in clean energy financing on a global scale. From securitization of assets to setting up of yield to monetize and plough back capital, […] Read more
First Utility Scale Storage Project in India Takes Off Updated On Mon, Oct 16th, 2017 by Saurenergy The 20MW solar power project is the first utility scale storage tender in India to announce results, and it includes provision of complete EPC and O&M services for twenty-five years. NLC India Limited, a government of India owned coal mining company, recently completed auction for a 20 MW solar project integrated with 28 MWh storage […] Read more
Viz-A-Viz with Allen Cao, Director, Arctech Solar India Updated On Fri, Oct 13th, 2017 by Saurenergy Q. What is the importance, feasibility, viability of using Solar Trackers in various states of India Dropping PPA prices, high irradiation and utility scale makes solar trackers the perfect and only choice to get higher IRR for a solar plant in India. The solar plant generation can achieve up to 15%-25% more yield when using […] Read more