Uttarakhand HC Rules Against Solar Power Panels on Fields Updated On Thu, Jun 14th, 2018 by Saurenergy Under the Grid Interacted Rooftop and Small SPV (solar photovoltaic) Power Plant scheme, the Uttarakhand government is promoting the use of small-scale rooftop solar power plants in the state. The National Solar Mission of the Ministry of New and Renewable Energy provides a subsidy of 30% to the applicants. In an order, the Uttarakhand high […] Read more
Cabinet approves Agreement between India and Peru Updated On Wed, Jun 13th, 2018 by Saurenergy The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved an Agreement between India and Peru which was signed in May, 2018 at Lima, Peru. The agreement aims to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable issues on the basis […] Read more
AP Tenders 15 MW of Rooftop Solar Projects Updated On Wed, Jun 13th, 2018 by Saurenergy The upper tariff cap for this tender has been fixed by NREDCAP at Rs 5 per KW, and the project size will vary from 50 KW to 500 KW. Any bidder can bid for a minimum of 1 MW and the maximum he can bid up to 5 MW. To be developed under the RESCO, […] Read more
Magenta Power Sets-up India’s 1st Solar Powered EV Charging Station; Mulls to Expand by Year End Updated On Wed, Jun 13th, 2018 by Saurenergy The company also has aggressive plans in EV space and aims to set up 100 charging stations at various locations in Mumbai. It is also in discussions with various stakeholders to this end. One of the leading service providers of renewable energy solutions, Magenta Power in association with Exicom installs country’s first solar charging station […] Read more
Scorchio – Solar Energy is on the Up So too are Associated O&M Costs Updated On Wed, Jun 13th, 2018 by Saurenergy The Early May Bank Holiday weekend saw record temperatures across the UK, with many southern and eastern counties experiencing hotter weather than the Mediterranean. Such was the weekend heatwave that solar power transpired to be the dominant energy source between 12.15 and 3.15 on the Sunday, producing more power that the conventional energy generation sources, […] Read more
BHEL Gets EPC Orders Worth Over Rs 125 Cr to Set-up Solar PV Plants in Gujarat Updated On Tue, Jun 12th, 2018 by Saurenergy The company has bagged the first order from Gujarat Alkalies and Chemicals Ltd (GACL) for setting up of a 20 MW SPV power plant. State-owned Bharat Heavy Electricals Ltd (BHEL) has won the two orders in Gujarat worth aggregating more than Rs 125 crore for setting up of Solar Photovoltaic (SPV) power plants on Engineering, Procurement […] Read more
Greenko’s Equity Raise, Acquisition Credit Positive, says Moody’s Report Updated On Tue, Jun 12th, 2018 by Saurenergy Greenko will acquire Orange Renewables Singapore for a total enterprise value of approximately USD 922 million, which has 907 MW of solar and wind assets and pipeline assets of over 500 MW. Backing the renewable energy company’s buyout move, credit rating agency Moody’s Investors Service in its report said that, the acquisition of Orange Renewables […] Read more
Surat to be India’s First Smart City with Solar Power Updated On Tue, Jun 12th, 2018 by Saurenergy Under the Mission, the SMC with the investment of whooping Rs 2908 crore, are implementing the development works in the city. The consultative committee members of the Ministry of urban development are on a visit to the city of Surat where they visited multiple projects that are being implemented by Surat Municipal Corporation (SMC) under […] Read more
Duty Concerns, ISTS Issues May Delay Solar Auctions Updated On Mon, Jun 11th, 2018 by Saurenergy NTPC deferred auction of 2,000 MW of solar capacity to the first week of June. However, the state-run power giant did not auction even in the first week of this month. Amid ambiguity about the imposition of 70 percent safeguard duty on solar equipment, there is an apprehension that solar auctions would be dragged further. […] Read more