Nearly Rs 12,000 Crore Spent on RE Projects Over Last 3 Fiscals: RK Singh Updated On Mon, Sep 21st, 2020 by Saurenergy RK Singh has confirmed that nearly Rs 12,000 crore has been utilised for the development of RE projects in the country between 2017-18 and 2019-20. Union Minister for Power and New & Renewable Energy RK Singh has confirmed that nearly Rs 12,000 crore (Rs 11,787.69 crore) has been utilised for the development of renewable energy […] Read more
How World Record Low Solar Prices Moved Out of India Updated On Sat, Sep 19th, 2020 by Saurenergy Back in 2016, when Acme Solar surprised, nay, shocked everyone with a bid of Rs 2.44 per KwH at the newly launched solar auctions, everyone celebrated. It was believed that much like telecom, the era of lowest cost solar in India had also arrived. A long, sustained boom was duly predicted, and many of todays […] Read more
SECI’s 100 MW Solar Plus 50 MW Storage Tender Gets Timeline Changes Updated On Fri, Sep 18th, 2020 by Saurenergy SECI’s latest tender for the commissioning of a 100 MW solar along with a 50 MW storage in Chhattisgarh has seen alterations to some tender dates. Solar Energy Corporation of India’s (SECI’s) latest tender for the commissioning of a 100 MW (ac) solar project (200 MWdc) along with a 50 MW/ 150 MWh Battery Energy […] Read more
Central Coalfields to Install Solar Plant of 80 MWp in FY2021 Updated On Fri, Sep 18th, 2020 by Saurenergy Central Coalfields has announced that it is planning to install 80 MWp ground-mounted solar power plant in the ongoing fiscal year. State-owned Coal India Ltd’s (CIL’s) arm Central Coalfields is planning to install 80 Megawatt peak (MWp) ground-mounted solar power plant in the ongoing fiscal year. Central Coalfields Ltd (CCL) said that action has also […] Read more
UP Govt Working on Installation of 8000 Solar Borewells in the State Updated On Fri, Sep 18th, 2020 by Saurenergy The UP Government plans on installing 8,000 solar-powered borewells in the state, almost 35 percent of them would come up in the Purvanchal district. The State Government of Uttar Pradesh (UP) has announced that it plans on installing 8,000 solar-powered borewells in the state in the coming days. As per the details provided almost 35 percent […] Read more
Solaria now Files ITC Complaint Against Canadian Solar Updated On Fri, Sep 18th, 2020 by Saurenergy On the heels of its lawsuit filed in March against Canadian Solar in a US District Court, Solaria has now filed additional claims against Canadian Solar with the ITC. On the heels of its lawsuit filed in March against Canadian Solar Inc. (CSIQ) in the US District Court for the Northern District of California, Solaria […] Read more
“Draconian” Rule in Proposed Changes For Consumers To Hit Solar Sector: EPC Firms Updated On Fri, Sep 18th, 2020 by Saurenergy The Ministry of Power has recently issued the draft rules providing for the ‘Rights of Electricity Consumers’ for the very first time. However, one provision included in the draft rules has managed to roil up smaller solar EPC companies at a key proposal within the rules. The power ministry stated that “having provided access to […] Read more
Tender Issued for 100 MW Wind Projects in Bangladesh Updated On Thu, Sep 17th, 2020 by Saurenergy BPDB has tendered for selection of project sponsors for implementation of wind power projects of 100 MW (50 MW x 2) capacity at two sites in Bangladesh. The Bangladesh Power Development Board (BPDB) has issued a tender for the selection of project sponsors for the implementation of grid-tied wind power projects having a capacity of […] Read more
Fourth Partner Energy Raises Rs 126 Crore to Expand Project Portfolio Updated On Thu, Sep 17th, 2020 by Saurenergy Fourth Partner Energy has raised Rs 126 crore in mezzanine funding from a consortium of European impact investment funds, led by Symbiotics. Fourth Partner Energy, one of India’s leading solar solutions firm for corporates, has announced that it has raised USD 16 million (~ Rs 126 crore) in mezzanine funding from a consortium of European […] Read more