State distribution companies (discoms) are biggest obstacle on open access for solar power Updated On Fri, Sep 8th, 2017 by Saurenergy Open access (OA) was one of the main components of the Electricity Act (2003), introduced in an effort to attract private investment in the electricity generation sector, thereby encouraging competition. There is an increasing opportunity to innovate in solar markets in India thanks to the rapidly declining price of photovoltaics (PV). While large-scale ground-mounted solar […] Read more
Meet The New Power Minister who stepped into big shoes of Piyush Goyal Updated On Tue, Sep 5th, 2017 by Saurenergy 26 years down the line he is sitting in the same BJP camp, Singh has stepped into the big shoes of Piyush Goel as power minister. From stopping Somnath to Ayodhya Rath Yatra, arresting LK Advani as a district magistrate on the orders of former Bihar Chief Minister Lalu Prasad Yadav in 1990 and as […] Read more
How falling solar tariffs are shaping the solar future of India’s 100GW goal Updated On Wed, Aug 30th, 2017 by Saurenergy The technology chapter of solar energy is aerobicized, the growing efficiencies and advance solar cells is aggrandizing operation regardless of robust conditions. In the case of India, the valiant figures of solar integration are extolling and cementing new charts of growth. This unequivocally qualifies the international and national players to proliferate and also aggressively dive […] Read more
Canadian Solar, EDF Energies Nouvelles partners for 92.5 MWp solar PV project in Brazil Updated On Fri, Aug 11th, 2017 by Saurenergy Canadian Solar is supplying modules for the Project from its 380 MWp modules factory established in Brazil to support the local market. EDF EN do Brasil will manage both the construction and operations phases of the Project. Canadian Solar and EDF Energies Nouvelles has entered into a partnership for 92.5 MWp Pirapora III photovoltaic project […] Read more
National Solar Energy Federation Seeks More Time for Solar Projects in UP Updated On Tue, Aug 8th, 2017 by Saurenergy The projects of National Solar Energy Federation’s members should be eligible for extension of time as there was a default on the part of UPNEDA, UPTCCL and UPERC. The National Solar Energy Federation of India (NSEFI) has written to the Uttar Pradesh government seeking extension of timeline to commission select solar power projects claiming that […] Read more
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
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
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
Gujarat Urja Vikas Nigam Ltd (GUVNL) floats tender for 500 MW grid connected Solar Power project Updated On Fri, Jun 16th, 2017 by Saurenergy Gujarat Urja Vikas Nigam Ltd (GUVNL) has decided to buy 500 MW of solar power through competitive bidding, which will be followed by an e-auction for the lowest price. Gujarat Urja Vikas Nigam Ltd via RfS no GUVNL/Competitive/500MW/Solar dated 15.06.2017 has floated tender for procurement of 500 MW power from Solar Power Projects through Competitive […] Read more