Andhra Solar Park Projects Saw Lowest Bid at Rs 2.7 Per Unit Updated On Mon, Jul 9th, 2018 by Saurenergy Although the real auction took place last week, the reverse auction for 2,000 MW capacity discovered tariff of Rs 2.44 per unit. Under the reverse auction process, the companies backed by the financers from around the globe have seized the tenders to build 750 MW of solar power projects in Kadapa in Andhra Pradesh. The […] Read more
Nautilus Solar Energy Inaugurates 13.3 MW Community Solar Projects in Minnesota Updated On Wed, Jun 27th, 2018 by Saurenergy As part of Xcel Energy’s solar rewards community program, these solar projects are 100 percent subscribed by a diverse set of regional customers including 5 municipalities, 2 leading research/ medical facilities and a local university. New Jersey-based Nautilus Solar Energy has inaugurated the portfolio of 13.3 MW of community solar projects in Minnesota. As part of […] Read more
EDF Renewables, PGGM Ink Pact on Solar, Wind Projects in US Updated On Fri, Jun 22nd, 2018 by Saurenergy As per the deal, PGGM Infrastructure Fund will acquire 50 percent ownership interest in all the four projects and the total capacity of the portfolio of projects is 588 MW. Independent Power Producer (IPP) EDF Renewables has inked the Purchase and Sale Agreements (PSA) with PGGM Infrastructure Fund for its Red Pine Wind, Rock Falls Wind, Switch […] Read more
VGF Program Guidelines Amended for Solar Projects Updated On Thu, Jun 21st, 2018 by Saurenergy Ministry of New and Renewable Energy (MNRE) has made amendments in guidelines for the implementation of the viability gap funding for solar photovoltaic projects. Under the National Solar Mission (NSM) Phase-II, Ministry of New and Renewable Energy (MNRE) has made amendments in guidelines for the implementation of the viability gap funding for solar photovoltaic projects. In the […] Read more
MNRE Extends Commissioning Date of GST Affected Solar Projects Updated On Thu, Jun 21st, 2018 by Saurenergy The extension to the project developers was provided by the Solar Energy Corporation of India (SECI), National Thermal Power Corporation (NTPC), and other implementing agencies. After the frictions faced by multiple developers due to the imposition of Goods and Services Tax (GST) and other related issues, the Ministry of New and Renewable Energy has issued […] Read more
India Extends $20 Mn Concessional Financing for Solar Project in Suriname Updated On Thu, Jun 21st, 2018 by Saurenergy In addition, India will extend a line of credit of USD 27.5 million to support a power transmission project in Pikin Saron area, says President Kovind. In a move to provide clean energy to a cluster of 49 villages, President of India Ram Nath Kovind said that India will extend concessional financing of USD 20 million […] Read more
Govt. Extends Deadline for Completion of Solar Power Projects Updated On Wed, Jun 20th, 2018 by Saurenergy Earlier, the deadline for commissioning projects was 15 months with a relaxation of one year for land acquisition delays. The solar power projects that have been bid out under the tariff-based reverse auctions are given extension in their deadlines by the Ministry of Power. The relaxations have been offered under the amendment to the guidelines […] Read more
ReneSola Gets EUR 36 Mn Addl Funding for 55 MW Poland Projects Updated On Mon, Jun 18th, 2018 by Saurenergy All these 55 MW projects are under Poland’s Contract for Difference (CFD) regime and eligible for a 15-year guaranteed tariff. Chinese solar company ReneSola said that Sequoia Economic Infrastructure Income Fund (Sequoia) had agreed to extend senior debt facility to EUR 36 million for ReneSola’s 55 MW Poland projects, with 1MW capacity each. In December 2017, Sequoia […] Read more
JLM Energy, N.E.R.D. Power Partner to Install First Post-Beta Residential Storage Projects in Arizona Updated On Fri, Jun 15th, 2018 by Saurenergy The company’s earlier installations focused on performance testing including successful performance in extreme summer heat. An energy technology company JLM Energy has partnered with N.E.R.D. Power on residential solar plus storage projects in Arizona. The company’s earlier installations focused on performance testing including successful performance in extreme summer heat. Phazr is an innovative distributed energy storage […] Read more
