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
India to Add 1 GW of Solar by the End of April at Kurnool Solar Power Park in Andhra Pradesh Updated On Thu, Apr 6th, 2017 by Saurenergy The 1 GW Kurnool Solar Power Park is being implemented by Andhra Pradesh Solar Power Corporation Private Limited under the National Solar Mission Phase-II, Batch-II, State Specific Bundling Program. The entire Kurnool Ultra Mega Solar Power Park of 1 GW capacity is expected to be connected to the grid by the end of April 2017. […] Read more
Adani Group meets Punjab CM to invest in the state Updated On Tue, Apr 4th, 2017 by Saurenergy Adani Green Energy Ltd had, in 2016, had commissioned Punjab’s largest solar power plant of 100 MW in Bathinda with an investment of Rs 640 crore. The Adani Group’s top functionaries met Punjab Chief Minister Amarinder Singh on Monday showing their interest in investing in the state. According to a report Group president and chairman of several […] Read more
Adani Group Joins Global Sustainable Renewable Energy Promotion Club GEIDCO Updated On Tue, Mar 28th, 2017 by Saurenergy Adani Group has been inducted into GEIDCO, an organization dedicated to promoting sustainable development of renewable energy worldwide. Infrastructure conglomerate Adani Group has joined Global Energy Interconnection Development and Cooperation Organization (GEIDCO) as a member, which is a non-governmental body dedicated to promoting sustainable development of renewable energy worldwide. The group claimed that it is […] Read more
