Government Extends Projects deadline Granting Major Relief to the Solar Power Developers Updated On Mon, Jul 31st, 2017 by Saurenergy Developers had raised an alarm over a letter from the Ministry of New and Renewable Energy (MNRE) this month directing all states to strictly enforce deadlines for solar projects, eschewing extensions. The government has granted major relief to solar power developers, allowing deadlines for project development to be extended in cases where there were delays […] Read more
Mizoram to Set Up 20 Megawatt Solar Power Park Updated On Tue, Jul 18th, 2017 by Saurenergy The 20 MW solar power park will be implemented by the state power and electricity department and Zoram Energy Development Agency (ZEDA). Mizoram’s Solar Power Project Approval Committee (SPPAC) has approved the proposal for setting up of a 20 MW solar park. The project will be implemented by the state power and electricity department and […] Read more
UP Wants Solar Power Companies to Lower Power Tariffs Updated On Tue, Jul 11th, 2017 by Saurenergy The solar power developers have received pro-forma of a letter from the UP Electricity Regulatory Commission (UPERC) that wants them to sign by which they would voluntarily agree to lower solar tariffs. Following a steep fall in solar tariffs in the last two years, Uttar Pradesh is pressuring solar power project developers to cut rates […] Read more
Morocco Secures USD 25 Million Loan for Solar Energy Projects Updated On Thu, Jul 6th, 2017 by Saurenergy The project’s innovative hybrid solar design is also built on a unique Public-Private Partnership between the Moroccan Agency for Sustainable Energy (MASEN) and private sector sponsors – with a Build, Own, Operate and Transfer project structure and implementation approach Morocco has received USD 25 million loan from the Climate Investment Funds’ Clean Technology Fund, for […] Read more
Piramal Finance Introduces ‘Flexi Line of Credit’ for Renewable Energy, Sanctions an Additional Rs. 700cr to ACME Solar Updated On Thu, Jul 6th, 2017 by Saurenergy Piramal Finance Limited (PFL) had first invested Rs. 499 Cr with ACME in July 2016, together with its partner APG. Piramal Enterprises, through its subsidiary Piramal Finance Limited (PFL), sanctioned an additional Rs.700Cr to ACME Solar Holdings Limited. The deal was made through Corporate Finance Group (“CFG”) of Piramal Finance Limited by introducing a new […] Read more
Rays Power Infra commissions 5.5 MWp Solar PV project in Karnataka Updated On Wed, Jul 5th, 2017 by Saurenergy “Rays Power Infra Pvt. Ltd. has done the complete design, engineering, civil work, Installation process, testing and commissioning of the Solar PV project.” Rays Power Infra has announced that it has successfully completed a 5.5 MWp Solar PV equity project in Karnataka. The project execution work was started in October’2016 while the project was commissioned […] Read more
Telangana set to cross 5GW solar power generation capacity by 2019: Report Updated On Mon, Jul 3rd, 2017 by Saurenergy These solar projects were awarded during 2015 and are expected to be completed by December 2017. The Telangana government signed PPA for 3800 MW of power from these units and all of them are expected to be operational by March-June 2018. Telangana is reportedly gearing up to cross the 5000 MW solar power generation capacity […] Read more
NSEFI accuses NTPC and NVVN for delaying issue of CoD certificate to solar projects Updated On Thu, Jun 29th, 2017 by Saurenergy NTPC and its trading arm NVVN are delaying in providing CoD certificates to plants commissioned in March, 2017, even after three months of their commissioning, although contractually required to provide CoD from 30th day of commissioning,” said NSEFI in a letter to power secretary The National Solar Energy Federation of India (NSEFI) has blamed NTPC […] Read more
University of California, Merced Selects SunPower for 5-Megawatt Solar Energy System with Storage Updated On Tue, Jun 27th, 2017 by Saurenergy The system will be UC Merced’s second featuring SunPower solar technology. A 1-megawatt ground-mounted tracker system has been in operation and exceeding performance expectations since 2009, and the two systems combined are expected to supply more than 50 percent of the campus’s energy needs The University of California, Merced’s precedent-setting Triple Zero Commitment aims for […] Read more
