Solar Power Tariffs in India Have Plunged by 73 Percent Since 2010 Updated On Fri, Mar 24th, 2017 by Saurenergy Since 2010, India’s solar power tariff rate has been reduced to record low, especially in the auction conducted at the Rewa Solar Park. India’s solar sector recently reached record low tariff levels in the auction conducted at the Rewa Solar Park in the state of Madhya Pradesh. India was one of the first countries to […] Read more
RPO Compliance Needs To Improve Fast for India to Meet its Solar Installation Targets: Mercom Capital Updated On Wed, Mar 22nd, 2017 by Saurenergy India needs to install 90 GW of solar in five year – at a rate of 18 GW per year. Most states have specified RPO targets. However, due to the lack of enforcement of RPO regulations and the absence of penalties when obligations are not met, many of the state DISCOMs (distribution companies) are not […] Read more
Neoen Signs PPA for 54MW Solar Power Project in Zambia Updated On Wed, Mar 15th, 2017 by Saurenergy The 54 MW PPA has won by a consortium of Neoen and First Solar for the development of solar power project in Zambia. French solar power developer Neoen has announced that it has signed off on a power purchase agreement (PPA) for a 54MW solar PV project in Zambia. Neoen signed off on the PPA […] Read more
Zambia Signs Second Scaling Solar Mandate to Develop another 500 MW of Renewable Energy Updated On Fri, Feb 24th, 2017 by Saurenergy The Government of Zambia has signed an agreement with Scaling Solar for a second mandate to Develop another 500 MW of Renewable Energy The Government of Zambia has signed agreements for a second mandate with Scaling Solar, the World Bank Group program that is helping developing countries procure low cost, privately financed, solar power. This […] Read more
IFC Mulls Rs 100 cr Investment in CleanMax to Fund 250 MW of Solar Power Projects Updated On Wed, Feb 15th, 2017 by Saurenergy CleanMax Enviro Energy Solutions could receive Rs 100 crore to commission more than 250 MW of solar power projects. International Finance Corp, the private sector investment arm of the World Bank, could invest about Rs 100 crore in renewable energy company CleanMax Enviro Energy Solutions, one of the largest solar power solutions providers in India. […] Read more
Cabinet approves proposal of MNRE for ratification of ISA’s Framework Agreement by India Updated On Wed, Dec 28th, 2016 by Saurenergy ISA will strive to bring together more than 121 solar resource rich nations for coordinated research, low cost financing and rapid deployment Union Cabinet, chaired by the PM Narendra Modi has approved the proposal of MNRE for ratification of International Solar Alliance’s (ISA) Framework Agreement by India. ISA was launched jointly by the Prime Minister […] Read more
India Signs Grant Agreement with IBRD of USD 5.19 million for Improving Energy Efficiency in MSME’s projects Updated On Thu, Dec 15th, 2016 by Saurenergy An agreement for GEF Grant of USD 5.19 Million for “Additional Financing for Financing Energy Efficiency at MSMEs Project- Programmatic Framework for Energy Efficiency” was signed by Raj Kumar, Joint Secretary (MI), Department of Economic Affairs on behalf of the Government of India and Junaid Ali Ahmad, Country Director, World Bank (India) on behalf of […] Read more
Jordan confirms its lead role in solar energy among the Arab countries with the Falcon Ma’an plant Updated On Fri, Dec 2nd, 2016 by Saurenergy The Falcon Ma’an solar photovoltaic (PV) plant, one of the largest in the Middle East has been connected to the Jordanian national grid. The 23.1 MWp PV plant – executed by the Italian company Enerray, a global EPC contractor, and Saudi renewable energy company Desert Technologies – puts Jordan on the map as a leading […] Read more
Solar power tariff hits all time low at Rs. 3 per unit Updated On Wed, Nov 30th, 2016 by Saurenergy The solar tariff has fallen to an all—time low of Rs. 3 per unit, which was quoted by Amplus Energy Solutions in an auction for rooftop solar power conducted by Solar Energy Corporation of India (SECI). “In a move that will offer the cheapest power from solar rooftop plants, Amplus Energy Solutions has won a […] Read more
