String Inverter Market to grow at CAGR of 8.29% from 2016 to 2021: MarketsandMarkets Updated On Fri, Nov 25th, 2016 by Saurenergy According to a new report from MarketsandMarkets the global string inverter market is expects to grow from an estimated USD 2.61 Billion in 2016 to USD 3.89 Billion by 2021, registering a CAGR of 8.29% from 2016 to 2021. The research firm notes that the global market is witnessing growth due to decrease balance of […] Read more
Demonetization hits solar power bids in Tamil Nadu Updated On Fri, Nov 25th, 2016 by Saurenergy Demonetization has hit solar power tenders in Tamil Nadu with many developers unable to put down large volumes of cash needed to purchase the land required. Out of 500MW for which Tamil Nadu Generation and Distribution Corporation (TANGEDCO) floated tenders early this month, 20 bids for only 116MW have been received. For presenting a bid […] Read more
Telangana gearing up to add 1000MW solar power to the grid before the end of current FY: Report Updated On Mon, Nov 21st, 2016 by Saurenergy Telangana power utilities are reportedly gearing up to add 1,000 MW of solar power to the grid before the end of this fiscal. According to The Hindu, utilities have received huge response on tenders floated for setting up solar power plant. With the addition of 1,000 MW, the state can handle the power crisis in […] Read more
NISE Inviting Bids For Installation And Commissioning Of SCADA System For CST Test Facility Updated On Fri, Nov 18th, 2016 by Saurenergy National Institute of Solar Energy is inviting bids for design, supply, installation and commissioning of SCADA based control system for its Concentrated Solar Thermal (CST) test facility. Sealed tenders may be submitted in two parts i.e. Part-I containing Technical Bid along with a Demand Draft for EMD and Part-II containing only commercial invoice in a […] Read more
Telangana’s total solar power generation capacity touches 3800 MW Updated On Sat, Nov 12th, 2016 by Saurenergy Telangana has so far commissioned 3800 MW of solar power and 100 MW of wind power. “The State has so far commissioned 3,800 MW of solar power. The solar policy of the state has been widely received and there was tremendous response to the tenders floated for 2500 MW solar power. “So far, 100 MW […] Read more
Thermax and FRENELL bags contract for Asia’s first integrated solar thermal power plant from NTPC Updated On Wed, Nov 9th, 2016 by Saurenergy Thermax and FRENELL (through its wholly owned subsidiary Novatec Solar Espana, S.L) has bagged contract for Asia’s first integrated solar thermal power plant project at Dadri in Uttar Pradesh from NTPC. The project involves the integration of a concentrated solar field into the Dadri coal fired power station and is expected to be completed by […] Read more
Solar tariff cuts down to all-time low at Rs 4 per unit Updated On Tue, Nov 8th, 2016 by Saurenergy The solar power tariff slipped to an all-time low of Rs 4 per unit- the maximum rate – fixed under the tender floated for 750-MW solar power projects at Bhadla solar park in Rajasthan. “Solar Energy Corporation of India (SECI) has finalised a tender issue for the 750-MW solar PV projects in Bhadla solar park, […] Read more
Hartek Power secures 460 MW solar orders Updated On Thu, Oct 20th, 2016 by Saurenergy Hartek Power has announced that the company has bagged orders for commissioning of 460MW solar projects in the first half of the current financial year, registering an increase of 373% over last year when the company had secured 123MW orders. The 460MW orders secured by the Chandigarh based solar firm include 16 substation projects of […] Read more
PM Modi plans state aid package of Rs 210 billion rupee to boost India’s solar industry Updated On Tue, Oct 18th, 2016 by Saurenergy The Prime Minister of India, Narendra Modi’s is planning a 210 billion-rupee ($3.1 billion) package of state aid for India’s solar panel manufacturing industry, according to two officials. The so-called Prayas initiative, short for “Pradhan Mantri Yojana for Augmenting Solar Manufacturing,” a central-government plan designed to lift India’s installed photovoltaic capacity as well as to […] Read more
