India-World Bank Ink $100 Million Loan Agreement For Clean Energy Updated On Tue, Nov 21st, 2017 by Saurenergy The solar parks will be mostly under the Ministry of New and Renewable Energy’s (MNRE) Solar Park Scheme. In a significant development, India and the World Bank have signed a $100 million loan and a grant agreement to help the country increase power generation capacity through cleaner, renewable energy sources. In a statement the World […] Read more
87MW of Solar Power Projects Commissioned in India by EDEN Updated On Wed, Nov 8th, 2017 by Saurenergy Uttarakhand Power Corporation and Madhya Pradesh Power Management Company Limited will receive power generated from the three solar plants respectively. A total of three solar projects of 87MW capacity have been commissioned in the states of Uttarakhand and Madhya Pradesh by EDEN, a joint venture between EDF EN and EREN Renewable Energy. The three solar […] Read more
Saubhagya Scheme to Be in Spotlight at Power Ministers’ Meet Updated On Tue, Nov 7th, 2017 by Saurenergy Four crore households are estimated to be electrified under the Saubhagya scheme. Around 90 per cent of these are located in 7 States namely Uttar Pradesh, Bihar, Madhya Pradesh, Odisha, Jharkhand, Rajasthan and Assam. The Centre is expected to ask states to submit their plans and funding requirements for providing electricity to four crore families […] Read more
Tata Power Renewable Energy Completes 30 MW Solar Plant in Maharashtra Updated On Tue, Oct 31st, 2017 by Saurenergy With the acquisition of Welspun Renewables Energy Pvt. Ltd., TPREL’s portfolio has grown to 2.2GW. Tata Power Renewable Energy Ltd (TPREL), a subsidiary of private power manufacturer Tata Power has commissioned 30 Megawatt (MW) solar power plant at Satara in Maharashtra. Tata Power Renewable Energy mentioned in its statement that the plant will produce over 62 million kilowatt hour […] Read more
Indian Solar Power Market Witnesses Change in Demand-Supply Landscape Updated On Mon, Oct 30th, 2017 by Saurenergy Lack of visibility over project pipeline is forcing solar power developers to bid aggressive tariffs and reconsider strategic options including consolidation. The Indian solar power market is being tested to its limits. GST has increased execution costs. Module prices have shot up when bidders were factoring in another 20% price decline by the end of […] Read more
How ‘SAUBHAGYA’ is ‘UDAY’, T&D PONDERS? Updated On Thu, Oct 26th, 2017 by Saurenergy The demand for power is relentless. With technological advancements, mankind is now consuming more power to aggrandize their lifestyle. Many energy experts reckon initiatives like ‘Power for All’, ‘Digital India’ and ‘Smart Cities’ shall be reigned through only increasing and distributing reliable power needs. There has been a prolong discussion on the reliability, security and […] Read more
PERSPECTIVE Updated On Mon, Oct 23rd, 2017 by Saurenergy The government of India has set an ambitious target of 175 GW of renewable power installed capacity by the end of 2022, of which 58 GW has been installed so far. The Indian solar market added 1,869 MW in the second quarter of 2017, bringing installations in the first half of the year to 4,765 […] Read more
IndiGrid Approves Acquisition of Three Power Transmission Assets Updated On Mon, Oct 9th, 2017 by Saurenergy The three acquisitions consists of 5 transmission lines aggregating 1,425 Ckms thus increasing its total portfolio to 13 transmission lines and 2 substations across 8 states. IndiGrid, India’s first Infrastructure Investment Trust in the power sector, has approved the acquisition of three power transmission assets from its sponsor Sterlite Power Grid Ventures Ltd at a […] Read more
Huawei Brings New Standard for Utility-Scale Solar in India Updated On Tue, Sep 26th, 2017 by Saurenergy Huawei has signed a 100 MW contract with Hyderabad based PES Engineers, and introduced next generation utility-scale ground 1100 V FusionSolar Smart PV Solution including the industry-leading 1100 V 65KTL smart string inverter. Huawei collaborated with partners in showcasing FusionSolar Smart PV Solution at REI Expo 2017. Huawei chose “building a smart PV ecosystem” as […] Read more
