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
50 MW Solar Power Project Sanction to Refex Energy as EPC Contract Updated On Thu, Nov 23rd, 2017 by Saurenergy The Contract also included grid connectivity approval from Tamil Nadu State Electricity Authorities. A 50MW Grid interactive Solar power Project as Engineering, Procurement and Construction (EPC) contract has been clinched by Refex Energy, counts as leading sustainable energy solution provider firm in an auction organized by the public sector Neyveli Lignite Corporation (NLC). As an EPC contract, […] Read more
Investonomics on Indian Sun is Hot! Updated On Tue, Nov 7th, 2017 by Saurenergy Today, solar power is not merely a power demand catalyst rather this sector preaches colossal economics in the world affairs. Clouds around solar sector have dynamically revolved as murmurs of its transient nature of solar power are eluded. Solar and wind projects in the country would attract USD 20 billion investment each year from next […] Read more
Tata Power Solar Bags the Prestigious Dun & Bradstreet – Everest Infra Awards 2017 Updated On Thu, Nov 2nd, 2017 by Saurenergy The 100 MW plant is the largest DCR project commissioned by us till date and its execution ahead of schedule, as well as performance, demonstrates our commitment towards high quality manufacturing and project execution capabilities. Tata Power Solar, India’s largest integrated solar company, won ‘Dun & Bradstreet – Everest Infra Awards 2017’ under Infrastructure Project […] Read more
Indian Solar Capacity to Hit 20GW by FY 2017-18 Updated On Thu, Nov 2nd, 2017 by Saurenergy According to a report released by consulting firm Bridge to India, India is expected to reach an installed solar capacity of 20 gigawatts by the end of the present financial year (2017-18). This was the initial target under the National Solar Mission for March 2022, which was later updated to 100 gigawatts. The current utility […] Read more
Tata Power Renewable Energy Completes 30 MW Solar Plant in Maharashtra Updated On Tue, Oct 31st, 2017 by Saurenergy With the acquisition of Welspun Renewables Energy Pvt. Ltd., TPREL’s portfolio has grown to 2.2GW. Tata Power Renewable Energy Ltd (TPREL), a subsidiary of private power manufacturer Tata Power has commissioned 30 Megawatt (MW) solar power plant at Satara in Maharashtra. Tata Power Renewable Energy mentioned in its statement that the plant will produce over 62 million kilowatt hour […] Read more
Indian Solar Power Market Witnesses Change in Demand-Supply Landscape Updated On Mon, Oct 30th, 2017 by Saurenergy Lack of visibility over project pipeline is forcing solar power developers to bid aggressive tariffs and reconsider strategic options including consolidation. The Indian solar power market is being tested to its limits. GST has increased execution costs. Module prices have shot up when bidders were factoring in another 20% price decline by the end of […] Read more
PERSPECTIVE Updated On Mon, Oct 23rd, 2017 by Saurenergy The government of India has set an ambitious target of 175 GW of renewable power installed capacity by the end of 2022, of which 58 GW has been installed so far. The Indian solar market added 1,869 MW in the second quarter of 2017, bringing installations in the first half of the year to 4,765 […] Read more
Freefall of Solar Bids Updated On Mon, Oct 23rd, 2017 by Saurenergy The lowest bids can be undermined or loosefit for Indian solar players in front of Chinese majors. Let’s keep it debatable. But the fact not to deny is, solar power tariffs in India are falling at a quantum rate which includes the recent Rs 2.44 per unit bidding for Bhadla Phase-III Solar Park in Rajasthan. […] Read more
