Why EPC are Treading in the Solar Race? Updated On Tue, Nov 15th, 2016 by Saurenergy Solar has taken the momentum with a cumulative installed grid connected solar power capacity reaching 8,062 MW (8.1 GW) as of 31 July 2016. The ecosystem seems stable as analyst asserts that the solar market in India is set to clan the billion-dollar space. Not much appalling on the WTO setback, Indian Solar manufacturing capabilities […] Read more
Adani’s solar module to cost 10-12% more than imported version: Report Updated On Thu, Nov 10th, 2016 by Saurenergy Solar modules and solar photovoltaic cells from the house of Adani Group developed under Make in India initiative will reportedly cost higher. Jayant Parimal-Renewable Energy Business CEO, Adani Group speaking to ET said Solar modules and solar photovoltaic cells will be 10-12% higher than the imported versions available in the market. Early this year in […] Read more
Solar tariff cuts down to all-time low at Rs 4 per unit Updated On Tue, Nov 8th, 2016 by Saurenergy The solar power tariff slipped to an all-time low of Rs 4 per unit- the maximum rate – fixed under the tender floated for 750-MW solar power projects at Bhadla solar park in Rajasthan. “Solar Energy Corporation of India (SECI) has finalised a tender issue for the 750-MW solar PV projects in Bhadla solar park, […] Read more
Adani Group inaugurates Punjab’s largest solar power plant of 100 MW Updated On Tue, Nov 8th, 2016 by Saurenergy Adani Enterprises has announcced the commissioning of Punjab’s largest solar power plant of 100 MW, at an investment of Rs 640 crore. The plant has been set up by its subsidiary Adani Green Energy Ltd. Punjab Chief Minister Parkash Singh Badal and senior officials were present on the occasion. The plant is situated at Sardargarh […] Read more
Azure power raises 470 million dollars financing for its solar projects Updated On Tue, Nov 8th, 2016 by Saurenergy Azure Power, a leading independent power producer in the solar power sector in India, announces it has tied-up approximately US$ 470 million financing for its projects to be commissioned in 2017. This is one of the largest financing done till date in the Indian solar sector. With this tie-up Azure Power’s cumulative financial commitment to […] Read more
Poor implementation of net-metering policies poses a major challenge for rooftop solar Updated On Mon, Nov 7th, 2016 by Saurenergy India’s rooftop solar market has been growing rapidly with the country adding more capacity in the past 12 months than all previous years put together. However, grid interconnection regulations and processes remain challenging in most parts of the country despite almost all states announcing net- and/or gross-metering policies for rooftop solar. According to survey of […] Read more
Solar Parks in India: Scope, Status, Achievement, and Challenges Updated On Fri, Nov 4th, 2016 by Saurenergy India, with its large population and rapidly growing economy, needs access to clean, cheap and reliable sources of energy. The government with the Jawaharlal Nehru National Solar Mission has been promoting ecologically sustainable growth while addressing India’s energy security challenge. The Government of India’s ambitious plan to add 100 GW of solar capacity by 2022 […] Read more
IDFC Alternatives acquires three solar projects from Punj Lloyd Updated On Mon, Oct 24th, 2016 by Saurenergy The India infrastructure fund of IDFC Alternatives has bought three solar projects in Rajasthan and Punjab from Punj Lloyd Infrastructure as part of the company’s plan to set up a strong foothold in the renewable energy space through acquisitions — as much as 1 GW in a year or so. IDFC Alternatives signed the deal […] Read more
NTPC to set up 50 MW solar project in Andaman & Nicobar Island Updated On Fri, Oct 21st, 2016 by Saurenergy NTPC will be installing 50MW solar power projects with battery energy storage system at different locations in Port Blair in Andaman & Nicobar Island. A Memorandum of Understanding (MOU) has been signed between NTPC, Andaman & Nicobar Administration & Ministry of New and Renewable Energy in New Delhi. The power generated from the commissioned solar […] Read more