India Adds 2.2 GW Solar Capacity in Q3, Faces Slowing Activity – Mercom Updated On Thu, Nov 23rd, 2017 by Saurenergy Newly-installed solar parks in India will stand at 9.5 GW and 10 GW, as compared to its previous forecast for about 10 GW. India has added 2,247 MW to the electricity grid in the third quarter of 2017 but activity there is seen to slow down and lead to weaker-than-expected fourth quarter, according to a […] Read more
Solar Companies Expect Easier Financing For Projects Updated On Mon, Nov 20th, 2017 by Saurenergy Moody’s upgrade of India to a solid investment grade level is a positive move in the renewable energy sector but regulatory hurdles could be a challenge. India’s massive effort towards renewable energy projects will gain from easier finance for investments following the upgrade of the country’s sovereign rating by Moody’s, according to the industry leaders. […] Read more
Espy of Solar Sector 2017 Updated On Thu, Nov 16th, 2017 by Saurenergy The substratum of achieving massive solar power goals is developing a new cult for India. Not just the arid but the meadows are equally sharing rich and low vegetative lands to meet the power demand of this growing economy. It’s well said that when you change the controversy, challenge seem to be a submerged destiny. […] Read more
Tender for a 200MW Solar Plant are Now Open by Karnataka Renewable Energy Development Limited (KREDL) Updated On Mon, Nov 13th, 2017 by Saurenergy The company winning the tender will also provide operation and maintenance (O&M) services for a period of 10-years. The Karnataka Renewable Energy Development Limited (KREDL) has started inviting tenders for a 200 MW of solar plant to be developed at Karnataka’s Pavagada Solar Park. The agency responsible for implementing renewable energy will accept the bids […] Read more
India to Invite Bids for World’s Largest Solar Tender of 20GW Capacity Updated On Fri, Nov 10th, 2017 by Saurenergy The MNRE plans to award the contracts to developers who will quote the lowest price at which they will sell electricity in the auction process for the grid-linked capacity. In order to boost the manufacturing of solar power equipments at domestic stage, India is planning to invite the bids for the world’s largest solar tender […] Read more
Scatec Solar Closes Financing for 400MW Solar PV Plant in Egypt Updated On Mon, Oct 30th, 2017 by Saurenergy The six solar PV projects totaling 400MW involving a total investment of USD 450 million are located in the Benban solar park in Aswan in Upper Egypt. Scatec Solar ASA (SSO) and partners have achieved financial close for six solar PV power plants in Egypt totaling 400 MW. A consortium of international Development Finance Institutions […] 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
POWER TO P E O P L E Updated On Mon, Oct 9th, 2017 by Saurenergy Uttar Pradesh(UP) isn’t just known to be a political game changer in the Indian history, but the state with a hefty population of 204.2 million on a vast land area of 243,286 km², is the most potentially budding yet the least exploitative solar hotspot in the country. It has a brilliant solar radiation of an […] Read more
Scatec Solar Has Teamed With Statoil for 162mw Solar Power Plant in Brazil Updated On Thu, Oct 5th, 2017 by Saurenergy Statoil will also acquire a 50 percent share in the project execution company, enabling Statoil to participate in building and operating solar projects in the future. Scatec Solar ASA (SSO) and Statoil ASA (STL) have agreed to establish a 50/50 Joint Venture to build, own and operate large scale solar plants in Brazil. The Joint […] Read more