Solar Power Consumers to Bear Cost of Solar Pumps for Farmers: Maharashtra Updated On Mon, Nov 5th, 2018 by Saurenergy The Maharashtra State Electricity Distribution Company has applied a 10 paise per unit surcharge from November 1 to collect funds for the farmers. Mumbai: The Maharashtra government has imposed an electricity surcharge of 10 paise per unit on industrial and commercial consumers to finance its scheme to provide 25,000 solar pumps to farmers, a senior official said […] Read more
SECI Auction for Maharashtra Park put off Indefinitely Updated On Mon, Nov 5th, 2018 by Saurenergy BENGALURU: Developers’ interest in Solar Energy Corporation of India’s (SECI) auctions hit a nadir when Tata Power Renewable Energy was the sole bidder on Wednesday for an auction for 50 MW at Dhodhainicha Solar Park in Maharashtra. The auction has been put off indefinitely. Last week SECI postponed a 1200 MW hybrid auction – solar […] Read more
Is Loom Solar Really Competing with Amazon?<h6>Advertorial</h6> Updated On Sat, Nov 3rd, 2018 by Saurenergy With solar technology gradually becoming mainstream, there are many companies diversifying into solar, granting customers a large number of choices. Sometimes customers get confused due to a presence of a large number of solar brands/ companies and are unsure of the choices they make. Many good suppliers/ companies also get lost in the crowd, until […] Read more
Rupee fall puts Rs 28,000 crore solar projects at risk Updated On Wed, Oct 31st, 2018 by Saurenergy With safeguard duty, this can crank up tariffs by 30 paise/unit for future projects Nearly half of the solar power capacities under implementation worth ~Rs 28,000 crore face viability risk because of the continuous fall in the rupee, which has made imported solar modules costlier and increased the cost of setting up solar plants. These […] Read more
Low-ceiling tariff by SECI gets auction postponed again for 1200 MW Hybrid Tender Updated On Mon, Oct 29th, 2018 by Saurenergy The main reason was poor response from developers, who claimed to have stayed away mainly because SECI had set a tariff ceiling for the auction at Rs 2.60 per unit, which developers felt was too low. The auction, which was to be held on October 26, is now set for November 14. SECI has postponed its […] Read more
Walmart, SunPower Sign 23 MW Solar Pact Updated On Wed, Oct 24th, 2018 by Saurenergy As part of the project, a mix of rooftop and ground-mount solar systems are expected to account for 23 MW, with start of construction targeted for the first half of 2019. Retail stores chain operator Walmart has reached an agreement with SunPower to have the commercial energy provider install solar systems at 19 stores […] Read more
India’s Rooftop Solar Market – High on Opportunities and Loaded with Challenges Updated On Wed, Oct 24th, 2018 by Saurenergy Experts from the industry, policy makers and market researchers will share their experience and views and suggest the ways to accelerate the market during three rooftop conference sessions at Intersolar India on December 11-13, 2018 in Bangalore. Net metering was introduced in India as a measure to make rooftop solar more accessible and economical for […] Read more
COSEIA Names Mike Kruger as its First President & CEO Updated On Mon, Oct 22nd, 2018 by Saurenergy He was previously the Director of Communications for the Smart Electric Power Alliance (SEPA) in Washington, DC. The Colorado Solar Energy Industries Association (COSEIA), an award-winning nonprofit association leading Colorado’s solar industry, has appointed Mike Kruger as its new President & Chief Executive Officer (CEO). Kruger has relocated to Denver to join COSEIA. He was previously the Director of […] Read more
CDPQ Raises Stake in Azure Power to 40% via $100 Mn Addl Investment Updated On Mon, Oct 22nd, 2018 by Saurenergy Post this new investment, the total amount invested by CDPQ in Azure Power grew to USD 240 million. Canada’s one of the leading institutional fund managers, La Caisse de dépôt et placement du Québec (CDPQ) has raised its shareholding in Azure Power Global, India-based solar firm, to 40 percent through USD 100 million contribution to the company’s recent […] Read more