Amplus to Setup 400 MW Solar Capacity in UP; Mulls to Invest Rs 2,000 Cr by FY21 Updated On Mon, Jul 30th, 2018 by Saurenergy The Gurgaon headquartered, Amplus Solar made the announcement of solar capacity in UP during the Ground-Breaking Ceremony held on July 29 by Uttar Pradesh Government to felicitate its investing partners in Lucknow. Amplus Energy Solutions plans to invest Rs 2,000 core in Uttar Pradesh (UP) by Fiscal 2021 as part of the GoUP’s Solar Policy […] Read more
Corporates and Multinationals Showing Interest in Solar-powered Factories Updated On Fri, Jul 13th, 2018 by Saurenergy There are half a dozen established solar companies tapping the corporate sector, as solar power prices have crashed to a viable less than Rs 3/kWh (kilowatt hour) from over Rs 5/kWh three years ago. Indian corporates and multinationals are increasingly showing their interest in shifting from conventional source of energy to solar energy. Many leading […] Read more
750 MW Rewa Solar Power Project Operational, to Serve Delhi Metro Updated On Tue, Jul 10th, 2018 by Saurenergy This opens up an entirely new chapter in the utilization of renewable energy in the country, where large institutional open access consumers can start procuring it inexpensively. The operations on the 750 MW Rewa Solar Power Project in Madhya Pradesh (MP) has started earlier this week. The plant would supply power to the Delhi Metro, said the […] Read more
Green Certificates Sales Dip 32% on Power Exchanges in June Updated On Fri, Jun 29th, 2018 by Saurenergy The IEX and PXIL sold 5,09,744 and 3,86,485 RECs respectively, totalling 8,96,229 RECs in June during the recent auction. The sale of Renewable Energy Certificates (RECs) has dropped 32 percent to 8.96 lakh in June against 13.15 lakh in May this year on Indian Energy Exchange and Power Exchange India Ltd, according to an official data. Further, the Renewable Purchase Obligation (RPO) is […] Read more
Power Regulator CERC Boosts Merchant Renewable Energy Plants Updated On Thu, May 17th, 2018 by Saurenergy The detailed procedure that commission has issued would grant long and medium-term transmission access to the renewable project that has achieved financial closure and has already acquired land for the project. While proposing stringent rules against line underutilization, Power regulator Central Electricity Regulatory Commission (CERC) has issued guidelines that would pave way for serious merchant renewable […] Read more
Karnataka Gets Three Solar PV Projects Through Rays Power Infra Updated On Fri, May 11th, 2018 by Saurenergy Open access model implemented in Karnataka enables access to power at considerably lower rates, offering better efficiencies and lower utility bills while reducing the carbon footprint of industries in the areas being serviced by projects built in the state. Under the state’s open access scheme and to add to its portfolio, Rajasthan-based utility company Rays […] Read more
Green Energy Association Mulls to Move SC Against APTEL Order on RECs Updated On Mon, Apr 16th, 2018 by Saurenergy Last week, the Appellate Tribunal for Electricity (APTEL) had rejected the petition of Green Energy Association and other similar pleas against the CERC’s order. Industry body Green Energy Association is planning to move the Supreme Court against the tribunal APTEL’s order which upheld power regulator CERC’s ruling reducing forbearance and floor price of renewable energy certificates (RECs) of solar and non-solar energy. The Green […] Read more
AboitizPower Enters into Solar Rooftop Space Updated On Tue, Apr 3rd, 2018 by Saurenergy The new unit is already looking at completing several key projects in Luzon and Visayas in 2018, with a target to integrate it closely with the group’s existing open access customers. In a move to expand renewable energy business, Aboitiz Power Corporation (AboitizPower) has entered into the solar rooftop business through a new unit called […] Read more
Statkraft Installs 5MW Solar Power Plant in Tamil Nadu Updated On Fri, Feb 23rd, 2018 by Saurenergy Statkraft BLP Solar Solutions earlier commissioned several roof-top and ground-mounted projects, including a 5MW open access solar plant in Tumkur District, Karnataka. Statkraft BLP Solar Solutions (SBSS), a leading renewable energy company in India has commissioned a 5MW ‘in-campus’ solar project at SRF’s manufacturing plant in Gummidipoondi in the state of Tamil Nadu. The solar […] Read more
