CalPERS buys ownership stake in 550-megawatt solar plant in Riverside County Updated On Sat, Mar 26th, 2016 by Saurenergy The California Public Employees’ Retirement System (CalPERS) has announced that it would acquire up to a 25 percent stake in the 550-megawatt solar plant in Riverside County. The Riverside County solar farm was world’s largest solar project when it opened last year. CalPERS’ investment in the farm is seen as welcome news in the industry […] Read more
SunEdison finds difficult to get buyers for its projects in India Updated On Wed, Mar 23rd, 2016 by Saurenergy US-based renewable energy company SunEdison is finding it difficult to attract buyers for its projects in India. The company failed to sell its 1,480 megawatt (Mw) Indian portfolio to Macquarie Capital, which may affect the valuation of the projects that is estimated by the market at Rs 7,600 crore. According to Business Standard Adani Power […] Read more
SECI extends cooperation on utility-scale energy storage project, invites tenders to combine Solar & Wind Hybrid Project Updated On Wed, Mar 9th, 2016 by Saurenergy The Solar Energy Corporation of India (SECI) has extended interest on India’s first utility-scale energy storage project. The ambitious project is projected to be combined with a solar and wind hybrid project at Rangreek (Himachal Pradesh). The invited tender is for the design, procurement, construction, commissioning and associated transmission system for 2MW of grid-connected solar […] Read more
SunEdison expands Solar Capacity in India aims at 10GW solar energy by 2022 Updated On Wed, Feb 24th, 2016 by Saurenergy After Sun Edison’s recent announcements to support the Make in India, the US-based renewable energy developer has announced an expansion of its installed capacity base in India. Earlier this month, the company disseminated that it has commissioned 146 MW of solar power capacity across three states in India. The company did not cite if these […] Read more
Solar Power Tariffs to witness Legitimate Fall – Study Updated On Fri, Feb 19th, 2016 by Saurenergy Despite aggressive bidding, debt viability of projects with low execution and counterparty risks — especially those under the Jawaharlal Nehru National Solar Mission scheme and Solar Park scheme, is likely to remain intact,” said a recent report of India Ratings and Research, or Ind-Ra. Solar power tariffs—which hit a low of Rs 4.34 per unit […] Read more
Solar to operate the complete Vizag Port from March Updated On Thu, Feb 11th, 2016 by Saurenergy After all the fizz, chairman M T Krishna Babu clarifies that the Vizag port of Andhra Pradesh will run its entire operations on solar power from next month. Visakhapatnam Port Trust has already commissioned 2 MW solar capacity and will add another 8 MW by March 20, he said at a roadshow here ahead of […] Read more
CPWD to Generate 42.50MW of Green Energy in the Capital Updated On Fri, Feb 5th, 2016 by Saurenergy After the COP 21 Paris meet, Modi government has planned to keep the focus on utilization of renewable energy from 2016. As a part of the promotional program of Green Energy, the Central Public Works Department (CPWD) said that, ‘It plans to produce 42.50MW of solar power across the country besides replacing energy inefficient electrical […] Read more
ACME Fixed 140MW Solar Power Project in Haryana Updated On Wed, Feb 3rd, 2016 by Saurenergy ACME, one of the solar power generators has secured 140MW out of 150MW Solar Project in Haryana at the tariff of Rs 5 per unit. Under the renewable purchase obligations (RPO) scheme, the company likewise to sell the generated power to Haryana Bijli Vitran Nigam Ltd. from the following year. ‘The company is yet to […] Read more
U.P Solar Auction Goes to Adani Power and Azure Power Updated On Fri, Jan 29th, 2016 by Saurenergy Adani Power and Azure Power have won the most recent auction for solar energy ventures with offers of Rs 4.78 per unit, which is higher than the previous month record (Rs 4.34 per unit). Prayatna Developers, a division of Adani Power and Azure Power have been assigned 50MW at the same cost. In the past […] Read more
