Solar Power Generating Capacity in South Korea to Increase by Five Times by 2030 Updated On Wed, Dec 20th, 2017 by Saurenergy South Korea plans to add 30.8 gigawatts of solar power generating capacity and 16.5 gigawatts of wind power capacity by 2030. South Korea plans to increase its solar power capacity by five times current amounts by 2030 to boost use of renewable sources in the nation’s energy mix, reuters news agency reported. Since President Moon […] Read more
Fortum Connects 100MW Solar Power Plant to Grid in India Updated On Thu, Dec 14th, 2017 by Saurenergy The completion of Pavagada solar power park has double the Fortum’s solar production capacity in India from 85 to 185 MW. Fortum has now connected a 100-MW solar power plant to grid at Pavagada solar park in the Tumkur District, Karnataka, India. This solar power plant more than doubles Fortum’s solar production capacity in India […] Read more
Guidelines issued for procurement of wind power through tariff based competitive bidding process Updated On Tue, Dec 12th, 2017 by Saurenergy Government has issued Guidelines under Section 63 of the Electricity Act, 2003 providing a framework for procurement of wind power through a transparent process of bidding including standardisation of the process and defining of roles and responsibilities of various stakeholders. These Guidelines aim to enable the Distribution Licensees to procure wind power at competitive rates […] Read more
RK Singh Comes to Rescue Solar Projects From Uncertainty of Anti-dumping Duty Updated On Wed, Dec 6th, 2017 by Saurenergy Extending his support to the industry, the minister mentioned while the decision on anti-dumping duty on solar imports is still undeclared. The Minister of power, new and renewable energy RK Singh commented that the new bidders and the existing solar energy projects should be protected from the uncertainty of antidumping duties on import of low […] Read more
Egypt Launches New Solar Power Project Updated On Mon, Dec 4th, 2017 by Saurenergy The new solar power project in Egypt is being executed by the Industrial Modernization Center and the United Nations Development Program In a significant development, Egypt has launched a new solar power project called “Grid-connected Photovoltaic Power Systems – Egypt PV”, which is implemented by the Industrial Modernization Center (IMC) and the United Nations Development […] Read more
Fortum to Buy 35 MW of solar power capacity in Russia Updated On Fri, Dec 1st, 2017 by Saurenergy The Finnish power utility has agreed to acquire three solar power companies from Hevel Group in Russia. Finnish power utility Fortum has agreed to acquire 35 MW of solar power in Russia from local group Hevel. The Finnish company said the seller was Russian solar module maker and project developer Hevel Solar, without disclosing the […] Read more
Argentina Expects up to USD 3 Billion in Renewable Energy Projects Updated On Thu, Nov 30th, 2017 by Saurenergy Argentina believes between $2.5 billion and $3 billion in investment in renewable energy projects Argentina believes between $2.5 billion and $3 billion in investment in renewable energy projects after its government awarded projects to generate 1,408 megawatts (MW) of power, and promised to increase that amount to 2,000 MW. According to the Ministry of Energy […] Read more
MNRE Ceases Empanelment Of Channel Partners Under Grid Connected Rooftop and Small Solar Power Plants Program Updated On Sat, Nov 25th, 2017 by Saurenergy An auction of up to 21GW solar and wind capacities combined to be issued by the Ministry of New and Renewable Energy (MNRE) by March 2018. In an official notice dated of 23 November 2017, The Ministry of New and Renewable Energy (MNRE) declared the discontinuation of empanelment of channel partners under grid connected rooftop and […] Read more
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
