Ministry of Finance Confirms Force Majeure Status for Coronavirus Updated On Thu, Feb 20th, 2020 by Saurenergy In news that should bring some immediate relief to large solar developers, the Ministry of Finance has come out with a clarification on the Coronavirus epidemic. The clarification states that the coronavirus will be covered in the force majeure clause in agreements as a case of natural calamity. That should help developers whose incoming supplies […] Read more
NTPC Tenders for 1200 MW ISTS-Connected Solar Projects in India Updated On Wed, Feb 19th, 2020 by Saurenergy NTPC Ltd has invited online bids for the selection of solar power developers for setting up 1200 MW solar PV power projects anywhere in India. NTPC Ltd has invited online bids from eligible bidders for the selection of solar power developers for setting up 1200 MW ISTS-Connected solar PV power projects anywhere in India. The last date for submission of bids is March 19, 2020, and the techno-commercial bids […] Read more
SECI Scores 9 Bids Worth 3.5 GW in Response to 1.2 GW Solar Tender Updated On Tue, Feb 18th, 2020 by Saurenergy SECI has reported a list of 9 bidders who have submitted bids against the nodal agencies 1.2 GW solar tender (ISTS-VIII) which was issued in January. The Solar Energy Corporation of India (SECI) has reported a list of nine bidders who have submitted prospective bids against the nodal agencies 1.2 GW solar tender (ISTS-VIII) which […] Read more
Karnataka Bags Proposals Worth Rs 72K Cr, With EVs and Solar in Focus Updated On Mon, Feb 17th, 2020 by Saurenergy It has been reported that Rs 72,000 crore investment proposals were received at the Invest Karnataka meet for the states’ northern region. It has been reported that Rs 72,000 crore investment proposals were received at the Invest Karnataka meet, held on February 14, 2020, for the states’ northern region. “About 50 foreign and domestic firms […] Read more
Will CoronaVirus Prove To Be The Force Majeure Of 2020 for Indian solar? Updated On Sat, Feb 15th, 2020 by Saurenergy India’s renewable, and especially the solar sector, has had a tough time since 2018. In 2018, it was the Goods and Services Tax (GST) which upended calculations of bid winners, especially those who signed their PPA’s just before the GST came in. If that wasn’t enough, it was followed by the Safeguard Duty, which muddied […] Read more
The Total-Adani Deal- Impact on Indian Solar Sector Updated On Fri, Feb 7th, 2020 by Saurenergy The announcement yesterday of a proposed JV between Total Total SA, the french energy major, and Adani Green Energy, the renewable energy arm of the Adani Group, for $510 million (approx Rs 3600 crores) is, to put it mildly, a surprise. After all, while not dire, the sector today faces multiple pressure points, the latest […] Read more
Canadian Solar, Lightsource BP Sign 1.2 GW Module Supply Agreement Updated On Thu, Feb 6th, 2020 by Saurenergy Canadian Solar has signed a multi-year module supply agreement with Lightsource BP to deliver 1.2 GW of high efficiency polycrystalline solar modules Canadian Solar, one of the world’s largest solar power companies, has announced that it has signed a multi-year module supply agreement with Lightsource BP to deliver 1.2 GW of high efficiency polycrystalline solar […] Read more
Greenko, ReNew Power win SECI’s 1.2 GW Hybrid Plus Storage Tender Updated On Sat, Feb 1st, 2020 by Saurenergy Greenko Group and ReNew Power have won with their bids in SECI’s 1.2 GW wind-solar hybrid projects with energy storage tender and peak power supply. The Greenko Group and ReNew Power have won with their bids in the Solar Energy Corporation of India’s (SECI) 1.2 GW wind-solar hybrid power projects with energy storage tender and […] Read more
Four ACME Solar Subsidiaries Gain Partial Wins in CERC Order Updated On Thu, Jan 30th, 2020 by Saurenergy In its latest order, CERC has ordered partial relief to four ACME Solar subsidiaries in their petitions against NTPC and a host of southern power Discoms. In its latest order, the Central Electricity Regulatory Commission (CERC) has ordered partial relief to four ACME Solar subsidiaries in their petitions filed against NTPC and a host of […] Read more
