35% Drop in Tariff After Commissioning Delay Updated On Fri, Dec 28th, 2018 by Saurenergy Waaneep had entered into a power purchase agreement with APSPDCL at a tariff of Rs 5.76/kWh for a 25 MW solar power project. The Andhra Pradesh Electricity Regulatory Commission has given its nod to an amendment in the existing Power Purchase Agreement which was drafted by Southern Power Distribution Company of Andhra Pradesh Ltd (APSPDCL). […] Read more
KERC Sets New Generic Tariff for Solar Rooftop Projects Updated On Thu, Dec 27th, 2018 by Saurenergy The generic tariff without capital subsidy is set at Rs 4.15 and Rs 3.08 with capital subsidy and will be applicable on PPAs signed after December 19, 2018. The Karnataka Electricity Regulatory Commission in its latest order has set the generic tariff for grid connected solar rooftop units which are installed by domestic users in […] Read more
Canadian Solar Sells its 20% Stake in Brazil’s Solar Complex Updated On Wed, Dec 26th, 2018 by Saurenergy Canadian Solar had previously sold 80% interest in the portfolio to EDF Renewables at construction-ready stage. Canadian Solar has announced that it has completed the sale of its 20% interest in the 399 MWp Pirapora solar complex in Brazil to Omega Geracao S.A.(Omega), a leading Brazilian renewable energy company dedicated exclusively to operational assets. Canadian […] Read more
Kerala Issues Tender for 200 MW Solar Project Updated On Wed, Dec 26th, 2018 by Saurenergy The project is to be developed on Independent Power Producer (IPP) mode and the deadline for submission of the bid is February 1,2019. The Kerala State Electricity Board (KSEB) has recently issued a tender for the development of 200 MW of grid-connected solar photovoltaic (PV) projects in Kerala. The project is to be developed on […] Read more
Maharashtra Issues Tender for 1 GW Floating Solar Project Updated On Wed, Dec 26th, 2018 by Saurenergy The solar power projects can be developed on lands available with the Water Resources Department and on areas available near canals. Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) has issued a tender for the development of 1 GW of floating solar plant in the Ujjani Dam In Solapur district of Maharashtra. The 1 GW capacity […] Read more
SBI Invites EoI for 3 to 5 MW Solar Project in Telangana Updated On Thu, Dec 20th, 2018 by Saurenergy The eligibility criterion mandates that the bides should have commissioned at least 10 MW of ground mounted solar projects. Embarking on an ambitious target of achieving 100% carbon neutrality by 2030, the State Bank of India (SBI) has issued an expression of interest to to procure solar energy in the capacity of 3-5 MW (offsite) […] Read more
Promotion of Solar Energy Updated On Thu, Dec 20th, 2018 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has been implementing various schemes in the country, including in Madhya Pradesh, to promote solar energy. The names of the schemes are as under: i. Development of Solar Parks and Ultra Mega Solar Power Projects. Scheme for setting up 1000 MW of Grid-Connected Solar PV Power Projects […] Read more
CERC Offers Relief to Welspun Energy in a Case with SECI Updated On Thu, Dec 20th, 2018 by Saurenergy WEPL had petitioned for an extension for the commercial operating date for 72 MW of grid-connected solar photovoltaic projects. In a relief to Welspun Energy Private Limited (WEPL), Central Electricity Regulatory Commission (CERC) has issued an order stating that land procurement delay on government’s part will be treated as Force Majeure (unavoidable circumstance). WEPL had […] Read more
Shell and EDF Renewables Form JV to Develop Wind Farm Updated On Thu, Dec 20th, 2018 by Saurenergy The lease area holds the potential to produce approximately 2,500 MW of wind energy – enough to power close to one million homes. Forming an equal partnership joint venture, EDF Renewables North America and Shell New Energies have joined hands to co-develop wind energy area in New Jersey. The lease area holds the potential to […] Read more