National Solar Energy Federation Seeks More Time for Solar Projects in UP Updated On Tue, Aug 8th, 2017 by Saurenergy The projects of National Solar Energy Federation’s members should be eligible for extension of time as there was a default on the part of UPNEDA, UPTCCL and UPERC. The National Solar Energy Federation of India (NSEFI) has written to the Uttar Pradesh government seeking extension of timeline to commission select solar power projects claiming that […] Read more
UPPCL Issues Notice to Six Companies for Delaying the Installation of Solar Plant Updated On Tue, Jul 25th, 2017 by Saurenergy UP Power Corporation Limited (UPPCL) has issued the ‘Procure Preliminary Default’ notice to six companies, seeking cancellation of their agreement with the New Energy Development Authority (NEDA). The Uttar Pradesh government has issued notice to six private companies, including Adani Green Energy, for delay in setting up solar power plants in UP. The decision was […] Read more
TNERC Award Blow to Adani Green Energy over Backdowns Updated On Mon, Jul 17th, 2017 by Saurenergy TNERC has directed Adani Green Energy to resubmit the petition as a ‘Dispute Resolution Petition’ (DRP) rather than under the ‘Miscellaneous’ category. The latest award of the Tamil Nadu Electricity Regulatory Commission (TNERC) is a setback for Adani Green Energy in its running battle with Tamil Nadu’s distribution and transmission companies over the problem of […] Read more
UP Wants Solar Power Companies to Lower Power Tariffs Updated On Tue, Jul 11th, 2017 by Saurenergy The solar power developers have received pro-forma of a letter from the UP Electricity Regulatory Commission (UPERC) that wants them to sign by which they would voluntarily agree to lower solar tariffs. Following a steep fall in solar tariffs in the last two years, Uttar Pradesh is pressuring solar power project developers to cut rates […] Read more
Adani inks deal with top Chinese firm East Hope Group, to invest over $300 million in Gujarat Updated On Wed, Jun 21st, 2017 by Saurenergy The MoU between Adani group and top Chinese firm East Hope Group proposes to set up manufacturing units in Mundra special economic zone in Gujarat to produce solar power generation equipment, chemicals, aluminium and animal feed Adani Group has signed a MoU with top Chinese firm to invest $300 million in manufacturing units in Gujarat. […] Read more
NEXTracker Achieves 1 GW of Solar Tracker Sales in India Updated On Tue, Jun 6th, 2017 by Saurenergy NEXTracker’s projects commissioned or under construction with Sterling & Wilson, Adani Green Energy, SkyPower, CleanMax Solar, Suzlon, and ReNew Power are milestones that demonstrate the rapidly growing adoption of solar trackers in India. NEXTracker has announced that it has sold over 1 gigawatt (GW) of solar trackers to utility-scale power plants in India. This achievement […] Read more
Solar Power Tariff Expected to Get Cheaper than Coal Updated On Mon, Apr 24th, 2017 by Saurenergy The solar power tariff has seen a significant decline in tariffs from Rs. 10.95-12.76/kWh in 2010-11 to as low as Rs. 3.15 per kWh, which is expected to fall to Rs. 2.90 per unit. India’s solar power prices may be set to fall below those of thermal (coal) energy. This is based on an expected […] Read more
There’s more to Indian Solar Tariffs than Meets the Eye Updated On Tue, Apr 18th, 2017 by Saurenergy The record low solar tariff of INR 3.29 that was bid in Rewa Solar Power Project, has been surpassed by National Thermal Power Corporation’s 250 MW project, Engie’s Solairedirect submitting INR 3.15 tariff rate. India achieved a record low solar tariff of INR 3.29 (US¢ 5.1)/kWh in the Rewa tender in February. That record was […] Read more
Secondary Solar Market in India Updated On Tue, Apr 18th, 2017 by Saurenergy with the rise of the solar market, there has been a constant pressure on Indian developers to churn their capital. To minimize the pressure the developers are laying the foundation for the advent of the secondary market for solar assets by shopping their rapidly growing solar projects to prospective investors. The merger and acquisition (M&A) […] Read more
