MSEDCL Floats Tender to buy 1000 MW Grid-Connected Solar Power Updated On Mon, Dec 10th, 2018 by Saurenergy Setting a ceiling tariff of Rs 2.80 per kilowatt per hour, the distribution company will sign a power purchase agreement for a period of 25 years with the successful bidder. The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has floated a tender for purchasing electricity from 1,000 MW grid-connected solar photovoltaic power projects on a […] Read more
Ministry of New and Renewable Energy Conferred the Skoch Award for National Significance Updated On Mon, Dec 10th, 2018 by Saurenergy Considering the impact of the ministry, its purpose and the critical role played by the government in installing about 73 GW of renewable energy, the ministry had been selected for the award. Recognizing the pivotal role government plays in pushing green energy, Ministry of New and Renewable Energy, Government of India has been conferred with […] Read more
California Becomes 1st State to Mandate Solar for All New Homes Updated On Fri, Dec 7th, 2018 by Saurenergy The unanimous action finalizes a previous vote by the Energy Commission and fulfills a decade-old goal to make the state reliant on cleaner energy. California became the first state in the nation to require homes built in 2020 and later be solar powered, following a vote by the Building Standards Commission. The unanimous action finalizes […] Read more
Tariff Drops Further in Uttar Pradesh Solar Project Auction Updated On Tue, Dec 4th, 2018 by Saurenergy The lowest price for the bid was quoted by National Thermal Power Corporation at Rs 3.04 per unit; NTPC won 85 MW of the capacity. A commissioning deadline of 21 months has resulted in refreshingly low winning tariff in an solar project auction by the UP New and Renewable Energy Development Agency (UPNEDA). The 500 […] Read more
AfDB Group Okays $18.17 Mn for Kopere Solar Project in Kenya Updated On Mon, Dec 3rd, 2018 by Saurenergy Moreover, the bank is also in the process of securing a USD 11.6 million concessional loan from the Climate Investment Fund’s Scaling-up Renewable Energy Program (SREP). The African Development Bank (AfDB) Group has approved a USD 18.17 million senior loan to 40 MWac (50MWp) Kopere Solar Power Project in Kenya. The Kopere project, which falls under Kenya’s Renewable Energy Feed-in-Tariff (FiT) […] Read more
Rooftop Solar: Democratising Power Generation – One Roof at a Time Updated On Fri, Nov 30th, 2018 by Saurenergy Rooftop solar was the fastest-growing segment within India’s renewable energy sector last year, but it is still not growing fast enough. Capacity adwdition in rooftop solar stood at around 870 megawatt (MW) in 2017, a far cry from the ambitious target of 5,000 MW for FY 2017-18. As of December 2017, cumulative rooftop solar installed […] Read more
Haryana Government Offers Subsidy of Rs 15,000 on Solar Home Projects Updated On Fri, Nov 30th, 2018 by Saurenergy This is done with a view to promote renewable energy in the state and achieving the solar energy target set under the national solar mission. Residents of Haryana are set to get a state subsidy of Rs 15,000 for installing Solar Home System under the ‘Manohar Jyoti Yojana’. The New and Renewable Energy Department has […] Read more
UPERC Accepts NPCL’s Response over Renewable Purchase Obligations Updated On Thu, Nov 29th, 2018 by Saurenergy UPERC had initiated suo moto proceedings against NPCL and Uttar Pradesh Power Corporation Ltd (UPPCL) for failing to submit the required information. The Uttar Pradesh Electricity Regulatory Commission (UPERC) has accepted Noida Power Company Limited’s (NPCL) submission regarding meeting the past renewable purchase obligations (RPO) targets. UPERC had initiated suo moto proceedings against NPCL and […] Read more
Rise of Renewable Energy to Put Competitive Pressure on Coal Plants: Fitch Updated On Thu, Nov 29th, 2018 by Saurenergy The report further said that the share of renewable energy sector will be further boosted by falling technology cost and increasing availability of cheaper finance. Despite the dominance of coal as a major source of electricity, a steady shift towards renewable energy is slated create competitive pressure on some thermal power plants, especially in developing […] Read more
