Duty Concerns, ISTS Issues May Delay Solar Auctions Updated On Mon, Jun 11th, 2018 by Saurenergy NTPC deferred auction of 2,000 MW of solar capacity to the first week of June. However, the state-run power giant did not auction even in the first week of this month. Amid ambiguity about the imposition of 70 percent safeguard duty on solar equipment, there is an apprehension that solar auctions would be dragged further. […] Read more
BEL Sets Up 16 MW Solar Power Plant at HVF, Avadi Updated On Mon, Jun 11th, 2018 by Saurenergy The company is establishing energy security for the Ordnance Factory Estates under the Viability Gap Funding (VGF) scheme by setting up utility scale grid-connected solar power plants. Navratna Defence PSU Bharat Electronics Ltd (BEL) has set up a 16 MW grid-connected solar power plant at Heavy Vehicle Factory (HVF), Avadi. The company’s move was one […] Read more
Tata Power Renewable Gets 150 MW Solar Proj in MSEDCL’s 1,000 MW Bid Updated On Mon, Jun 11th, 2018 by Saurenergy The company has received the Letter of Award (LoA) to develop the project and will sign a 25 year Power Purchase Agreement (PPA) with the MSEDCL. Tata Power’s renewable arm Tata Power Renewable Energy Ltd (TPREL) has bagged the 150 MW solar PV project in the bidding process of Maharashtra State Electricity Distribution Co Ltd’s […] Read more
Cleanergy Now Becomes Azelio; Raises 100 Mn SEK via Pvt Placement Updated On Mon, Jun 11th, 2018 by Saurenergy The move has come as a representation of the company’s solar focus and to better differentiate from the competition on the global arena. In order to accelerate the commercialization of its unique solar energy technology, storage solutions provider Cleanergy has changed its name to Azelio. The move has come as a representation of the company’s […] Read more
Maharashtra Plans Swiss Challenge Method for Floating Solar Power Bids Updated On Mon, Jun 11th, 2018 by Saurenergy The Swiss challenge system says anyone with the suitable credentials can submit a development proposal to the government for the projects. Thereafter the proposal will be put online and the other interesting parties can suggest the changes in the proposal. Also, they can oppose it. To finalize a bidder to set up the floating solar […] Read more
Finland’s Fortum to sell 54% Stake in Indian Projects Updated On Fri, Jun 8th, 2018 by Saurenergy “This project demonstrates the growing maturity of India’s secondary market for renewables – creating an environment in which private investors have the confidence to invest in new greenfield projects that will accelerate the decarbonization of India’s economy” With an aggregate capacity of 185 MW in India, Finland’s Fortum sign an agreement to sell a 54% […] Read more
Solar Power System to Convert Plastic into Fuel Invented by IIT Madras Updated On Fri, Jun 8th, 2018 by Saurenergy “We thought that if the plastic can’t come to the industry, let the industry come to the plastic,” Selvaraj said. The team showcased its project on the occasion of the World Environment Day, hosted by the United Nations (UN) in New Delhi. A solar powered system developed by the scientists from IIT Madras can convert non-recyclable […] Read more
ACME Group Won 50 MW Solar Power Project in SECI Reverse Auction Updated On Fri, Jun 8th, 2018 by Saurenergy It is a very tough project due to site access, soil condition, difficult contour, high wind speed and lower GHI (Global Horizontal Irradiance). The tariff remains lower than forbearance price of Rs 3.48 per unit. In an auction conducted by Solar Energy Corporation of India (SECI), ACME Group said it has won 50 MW solar […] Read more
Amazon to Generate 8,000 KW of Solar Power via Solar Panels Installations Updated On Fri, Jun 8th, 2018 by Saurenergy Apart from expanding existing capacity in Delhi, the company has plans to add large-scale solar panel systems at the fulfillment centers and two sortation sites located in Mumbai, Chennai, and Bangalore. In order to generate the clean energy and fulfill its power demands for fulfillment centers and sortation sites, Amazon India is eying to install […] Read more