Over Rs 150 Crore Rooftop Solar Power Scam Surfaces in JAKEDA Updated On Mon, May 20th, 2019 by Saurenergy A multi-crore scam has surfaced in Jammu and Kashmir Energy Development Agency (JAKEDA). Solar Projects worth Rs 155 crore for supply, installation and commissioning of roof top solar power plants were allotted to 10 firms without any tenders while the 14 other firms which qualified in the tendering process got just Rs 42.35 crore contract, […] Read more
Growatt Unveils its PV Solns in Europe; Eyes Substantial Sales Growth Updated On Mon, May 20th, 2019 by Saurenergy Buoyed by the significant growth of solar in the European markets, the company has been engaged in surging investments in the region; appointing more workforce and establishing a branch office in Rotterdam recently. With an aim to grow sales substantially in coming years, China-based PV-solar inverters maker Growatt has displayed its next-generation photovoltaic (PV) solutions […] Read more
Reden Solar Acquires Solar Plants Worth 50 MW to Enter Portuguese Market Updated On Mon, May 20th, 2019 by Saurenergy The French Solar IPP has decided to continue its European development in Portugal, banking on the favourable economic prospects and the country’s strong commitment to renewable energy. French Solar IPP, Reden Solar has decided to continue its European development in Portugal, banking on the favourable economic prospects and the country’s strong commitment to renewable energy. […] Read more
Vestas Secures Orders Worth 687 MW From PacifiCorp Updated On Mon, May 20th, 2019 by Saurenergy TB Flats I and II and then Ekola Flats are part of PacifiCorp’s Energy Vision 2020 initiative, a USD 3.1 billion investment to expand wind power via repowering existing projects. Denmark-based, Vestas has bagged orders worth 687 MW for three wind projects from PacifiCorp, a subsidiary of Berkshire Hathaway Energy. The first order is for 459 […] Read more
Japan’s Orix Corporation to Buy Out 7 Wind Energy Farms of IL&FS Updated On Mon, May 20th, 2019 by Saurenergy The intent to buy 51 percent stake is in the exercise of Orix’s right under the terms of an existing MoU, wherein Orix can match the price offered by the highest bidder for purchasing IWEL’s stake in the wind SPVs. Japanese financial services group, Orix Corporation, which owns a minority stake of 49 percent in […] Read more
BHEL Seeking Auxiliary Transformers For 129 MW SCCL Solar Plant Updated On Mon, May 20th, 2019 by Saurenergy The last date for bid submission is June 3, 2019 Bharat Heavy Electricals Ltd. (BHEL) has issued a tender, inviting quotations for supply of auxiliary transformers for the 129 MW Singareni Collieries Company Ltd. (SCCL) solar PV power plants in Telangana. The brief scope of work for the selected bidders will include the design, engineering, […] Read more
Bad News. After Karnataka, Tamil Nadu’s Tangedco gets Tender Fatigue Updated On Mon, May 20th, 2019 by Saurenergy If there was ever a case of the perils of high government involvement, the renewables sector has probably seen every aspect of it in the past year. From open tenders with price ceilings, to waiting for policy clarity on cost escalations due to safeguard duty, and now, the incredible news of some of the leading […] Read more
Interview with Manish Gupta, Managing Director, Insolation Energy Pvt Ltd Updated On Sat, May 18th, 2019 by Saurenergy Industry Needs Some Breathing Space in Terms of Prices to Grow Cost of module is really the toughest part of the business. We have maintained low prices despite an increase in RM cost. We are managing by increasing the capacity so that fixed costs are reduced and by high volume procurement we have been […] Read more
Can a change in government make an impact on the solar sector? Updated On Sat, May 18th, 2019 by Saurenergy With the 17th Lok Sabha Elections taking centre stage since April, this is the question that really matters for anyone in the solar sector. We speak to 3 industry experts to give you a perspective. Animesh Damani, Managing Partner, Artha Energy Resources “We strongly believe that commitment, focus and execution of the incumbent regime towards […] Read more
