Bhadla Solar Power Project Tariff Hits New Low of Rs 2.62 a Unit Updated On Wed, May 10th, 2017 by Saurenergy Phelan Energy Group and Avaada Power Private Limited have bagged 100 MW and 50 MW solar power project respectively at Rs 2.62 per unit, and SBG Cleantech managed to obtain 100 MW at Rs 2.63 a unit for Bhadla Phase IV 250 MW solar project. Following the trend of falling solar tariffs in India, the […] Read more
India will become the third biggest solar market globally in 2017: Bridge to India Updated On Tue, May 9th, 2017 by Saurenergy As of March 2017, India has already installed 12.2 gw of utility scale solar power, it said. India will become the third biggest solar market globally in 2017, says India Solar Handbook 2017 by Bridge to India, a consulting and knowledge service provider in the clean technology market. With 8.8 gw (giga watt) of projected […] Read more
APGENCO Tenders 100 MW of Solar Power Project at Ananthapuramu-II Solar Park at Talaricheruvu Updated On Wed, May 3rd, 2017 by Saurenergy The 100 MW of Solar Power Project has been estimated at Rs.4.45 billion and the project completion timeframe is 15 months from date of issue of letter of intent. The Andhra Pradesh Power Generation Corporation (APGENCO) has tendered a 100 MW solar power project at the Ananthapuramu-II solar park in Talaricheruvu, Andhra Pradesh. The bid-submission […] Read more
India Expects To Add Almost 10 GW of Solar Power Capacity in 2017 Updated On Tue, May 2nd, 2017 by Saurenergy Mercom Capital Group expects over 9,000 megawatts of utility-scale and almost 800 megawatts of rooftop solar power capacity to be added in 2017. The Indian solar power market is expected to see another record capacity addition this year as several large-scale power projects are lined up for commissioning. According to India-based consultancy Mercom Capital Group, […] Read more
Azure Power and Hareon Solar Forms Joint Venture to Develop 118 Mw Solar Power Project in Telangana Updated On Fri, Apr 28th, 2017 by Saurenergy Hareon Power Singapore Limited, the Singapore subsidiary of Hareon Solar will be collobarating with Azure Power to develop 118 MW solar power project in Telangana. Hareon Solar Technology Co., Ltd. will be partnering with Azure Power Global Limited to develop a 118 MW solar power project in India. Hareon will be investing through its Singapore […] Read more
India’s solar capacity addition to remain strong (7-7.5 GW) in FY 2018 backed by project pipeline: ICRA Updated On Wed, Apr 26th, 2017 by Saurenergy India’s wind power capacity addition in the current fiscal will depend on bidding plans of utilities, while that of solar power will remain strong at 7- 7.5 GW, credit rating firm Icra said today. The renewable energy (RE) sector reported a record capacity addition of over 11 GW in FY2017, an increase of around 60% […] 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
Hope for Micro Grids Updated On Tue, Apr 18th, 2017 by Saurenergy While perennial sinking prices of renewable energy systems, integrating technologies such as photovoltaic rooftop systems and solar farms into regional grids will require energy storage in the form of batteries and other technologies for load continuity. Currently, about 1.2 billion people in emerging economies lack access to electrical power. The World Bank report claims that […] 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
