Integrating Wind & Solar in Existing Grid Effectively Updated On Sat, Jul 20th, 2019 by Saurenergy The green initiatives in Union budget 2019 focus on renewable energy, air pollution, water, and solid waste management for a sustainable future. That makes the integration of renewable energy like solar and wind in existing national grid a must to achieve India’s target of 175GW in renewable energy capacity by 2022. But the variability and […] Read more
CleanCapital & CarVal Acquire 75 MW Solar Portfolio, Close on $300 mn Debt Facility Updated On Fri, Jul 19th, 2019 by Saurenergy CleanCapital announced its largest acquisition, a 75.2-megawatt solar portfolio made up of 15 operating solar projects in New Jersey. CleanCapital announced its largest acquisition to date, a 75.2-megawatt solar portfolio made up of 15 operating solar projects in New Jersey. This is the fourth in a series of acquisitions made through CleanCapital’s $250 million investment […] Read more
Investments in RE Doubled Over Last 5 Years, Surpass Coal in 2018: Report Updated On Fri, Jul 19th, 2019 by Saurenergy According to a new report, investments in India’s renewable market doubled over the last five years. And at $20 billion in 2018, it surpassed coal. According to a new report, investments in India’s renewable energy market have doubled over the last five years. And at $20 billion in 2018, it surpassed the capital expenditure in […] Read more
MNRE Issues Benchmark Costs for Rooftop Solar Installations Updated On Fri, Jul 19th, 2019 by Saurenergy MNRE has issued the latest benchmark costs for installation of new grid-tied rooftop solar plants for the financial year. The Ministry of New and Renewable Energy (MNRE) has issued a notification with the latest benchmark costs for installation of new grid-tied rooftop solar PV plants for the present financial year. As per the notification, projects […] Read more
RK Singh Okays Transmission Schemes Proposal for 66.5 GW RE Projects Updated On Thu, Jul 18th, 2019 by Saurenergy Prior requirement of LTA applications and associated bank guarantees, to be deferred for the interim period till the RE project is awarded to the successful bidder. In a bid to provide a significant boost to the country’s renewable energy sector, Power Minister RK Singh has approved the CERC’s (Central Electricity Regulatory Commission) proposal for early […] Read more
SECI Extends Deadline for 2 MW PV Projects at J&K Army Posts Updated On Thu, Jul 18th, 2019 by Saurenergy SECI has extended the bid submission deadline for its tender for the selection of SPDs for setting up of 2 MW PV projects at army posts in Jammu and Kashmir The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for its tender for the selection of solar power developers for setting […] Read more
Azure Power Appoints new CEO and President Updated On Thu, Jul 18th, 2019 by Saurenergy Azure Power has announced the appointment of Ranjit Gupta as CEO and a member of the Board, and Murali Subramanian as president. Azure Power, one of the leading solar power producers in India has announced the appointment of Ranjit Gupta as chief executive officer (CEO) and a member of the Board, and Murali Subramanian as […] Read more
In the Andhra Pradesh PPA Standoff, Where Is The Exit Route? Updated On Thu, Jul 18th, 2019 by Saurenergy The Andhra Pradesh Power Purchase Agreements (PPA) mess continues to get curiouser. After some clumsy damage to the prospects of existing and future solar projects with the unilateral decision to relook PPA’s, the state government’s latest missive to Solar Energy Corporation of India (SECI) and National Thermal Power Corporation (NTPC) ups the stakes further. The […] Read more
Tata Power Partners With NTT Com-Netmagic to Build 50 MW Solar Plant Updated On Wed, Jul 17th, 2019 by Saurenergy NTT Com-Netmagic has partnered with Tata Power to build its first 50 MW solar photovoltaic power plant in Solapur, Maharashtra. NTT Com-Netmagic, a leading Managed Hosting and Multi-Cloud Hybrid IT solution provider in India, has announced a partnership with Tata Power, one of India’s largest integrated power company, to build its first 50 MW Solar […] Read more
