The Message from Gujarat. The Solar Price Squeeze to stay in 2019 Updated On Tue, Mar 12th, 2019 by Saurenergy After the boom of 2017, solar power developers in India ran into a big, if not completely unexpected problem. Government expectations of price drops, when it came to bidding at auctions. The cancellation of the 1000 MW auction by Gujarat Urja Vikas Nigam Limited (GUVNL), for its Dholera solar park site was on expected lines. […] Read more
5 Big Hurdles that have Emerged for India’s Solar Power Producers Updated On Mon, Mar 11th, 2019 by Saurenergy After installations of almost 10 GW and above in 2017 and close to 8 GW in 2018, the solar sector is facing its biggest challenge yet, as hurdles have emerged for the continued growth of the sector. Some of these challenges were always there, they are only bigger now, while others have emerged with time. […] Read more
GCF Allocates $440 Mn For 9 Climate Resilience and Low Emission Projects Updated On Tue, Mar 5th, 2019 by Saurenergy The 22nd meeting of the Green Climate Fund (GCF) recently ended with a raft of decisions to strengthen GCF for its first replenishment. The Board during the meeting approved nine new climate resilience and low emission projects totaling $ 440 million in GCF resources and took steps to strengthen operations, reinforce standards and close policy […] Read more
World Bank Approves $185 Mn Fund to Help Bangladesh Expand RE Updated On Tue, Mar 5th, 2019 by Saurenergy The World Bank has approved $185 million to add up to 310 MW in renewable energy generation capacity in Bangladesh and mobilize private sector participation to meet the growing demand for electricity in the country. The ‘Scaling-up Renewable Energy Project’ will increase the installed capacity of renewables through piloting and expanding investments in key market segments. It will […] Read more
Int’l: Jumeme Starts on Phase-I of Lake Victoria Hybrid Solar Mini-Grid Project Updated On Tue, Mar 5th, 2019 by Saurenergy In this first scaling phase, 11 new mini-grids are currently being constructed to bring 24/7 electricity supply to a population of more than 80,000 people. RP Global, an independent renewable energy developer and majority shareholder of Jumeme Rural Power Supply Ltd., has announced that construction of the first phase of its ambitious solar-hybrid mini-grid project […] Read more
SECI Seeking Owners Engineer For Andhra Pradesh Hybrid Project Updated On Thu, Feb 28th, 2019 by Saurenergy The last date of submission of the EoI is March 25, 2019. The Solar Energy Corporation of India (SECI) has issued an Expression of Interest (EOI) for the selection of owners engineer for the 160 MW solar-wind hybrid power plant with Battery Energy Storage System (BESS) at Ramagiri, Anantapur District, Andhra Pradesh. The selection of […] Read more
EIB and Banco Santander to Provide €50 Mn to Improve Energy Efficiency Updated On Wed, Feb 27th, 2019 by Saurenergy The EIB-Santander credit line is part of the energy efficiency financing instrument funded by the European Commission to promote sustainable investments contributing to climate action. The European Investment Bank (EIB) and Santander España are providing businesses and the self-employed with a credit line – including EUR 50 million of EIB funds – for professional projects improving […] Read more
Risen Energy Begins Work on 117 MW Mexico Solar Project Updated On Wed, Feb 27th, 2019 by Saurenergy With a total installed capacity of 117MW, the facility is expected to supply 269,068 MWh of green electricity to Mexico annually. Chinese Solar Module Manufacturer, Risen Energy has initiated work on its 117 MW solar park in Mexico, the company has issued in a statement. This marks the solar panel maker’s formal entry into the build-out […] Read more
Tata Power Solar’s Residential Rooftop Solution Now in Guwahati Updated On Tue, Feb 26th, 2019 by Saurenergy Tata Power Solar has launched a residential rooftop solution in Guwahati after a successful debut in Delhi, Mumbai, Ajmer, Bhubaneswar and Hyderabad. Tata Power Solar Systems Limited, India’s largest solar energy company, has launched a complete residential rooftop solution in Guwahati. The residential rooftop solutions are expected to save up to Rs 50,000 annually for […] Read more
