Vestas Wins Orders Worth 85 MW For Two Wind Projects in Asia Updated On Sat, Mar 30th, 2019 by Saurenergy Danish wind energy major, Vestas has announced that it has won orders for two wind energy projects in Asia. The first order is the company’s first V150-4.2 MW order in Southeast Asia for a project in Vietnam, and the second order was secured using customised solutions for a 43 MW order with a first 20-year […] Read more
Tamil Nadu Issues New Guidelines For Net Metering of Rooftop Solar Consumers Updated On Sat, Mar 30th, 2019 by Saurenergy The Tamil Nadu Electricity Regulatory Commission (TNERC) in its latest order has issued new guidelines for net metering of rooftop solar plants in the state as a part of its state solar policy. The state passed its solar policy the ‘Tamil Nadu Solar Policy 2019’ earlier in February this year. The Policy was launched with […] Read more
Govt To Blacklist CSUN Over Failure To Meet Contractual Commitments Updated On Fri, Mar 29th, 2019 by Saurenergy The Indian Government has plans to blacklist China Sunergy (CSUN), as the Chinese solar module supplier has failed to meet its contractual obligations with local project developers, new and renewable energy secretary Anand Kumar said. This is the first time that the ministry is considering such a step against a foreign solar equipment supplier. “We will soon issue […] Read more
Plunging Costs of Lithium-Ion Batteries on the Verge of Displacing Coal, Gas Updated On Fri, Mar 29th, 2019 by Saurenergy Two technologies that were immature and expensive only a few years ago but are now at the center of the unfolding low-carbon energy transition have seen spectacular gains in cost-competitiveness in the last year. The latest analysis by research company BloombergNEF shows that the benchmark levelised cost of electricity, or LCOE, for lithium-ion batteries has […] Read more
Uzbekistan’s First Competitively Tendered Solar Project Receives Global Interest Updated On Fri, Mar 29th, 2019 by Saurenergy IFC, a member of the World Bank Group, is advising the government of Uzbekistan on a landmark PPP transaction that will lead to the creation of a 100 MW solar plant in Navoi region. This project will be the first phase of a larger government initiative to generate up to 1 GW of new solar […] Read more
AfDB Approves $20 Mn Facility For Green Mini-Grid Program in Congo Updated On Fri, Mar 29th, 2019 by Saurenergy The African Development Bank (Afdb) Board has approved the allocation of $20 million in loans to the Democratic Republic of Congo, to support renewable-based, mini-grid solutions to the off-grid cities of Isiro, Bumba and Genema. The DR Congo Green Mini-Grid Program will serve as the pilot to an innovative private-led electrification approach to deploy renewable-based […] Read more
Siemens Gamesa Commissions Lakshmi Machine Work’s 10 MW Solar Plant Updated On Thu, Mar 28th, 2019 by Saurenergy Clean energy solutions provider Siemens Gamesa has commissioned 10 MW solar power project for Lakshmi Machine Works (LMW) in Tamil Nadu. As part of the contract, Siemens Gamesa provided an EPC (engineering procurement and construction) solution that included engineering and design of the solar farm, procurement, erection and commissioning of the 10 MW photovoltaic (PV) solar farm near Coimbatore in Tamil Nadu, […] Read more
Interview with Rajendra Kumar Parakh, CFO, Vikram Solar Updated On Thu, Mar 28th, 2019 by Saurenergy Availability of Domestic Finance at Viable Cost is Still a Distant Dream The only challenge that we can foresee is in terms of availability of finance and cost of finance available for renewable energy sector. Sources of finance for both solar manufacturing industry and solar deployment industry are scarce, a large part of funding comes […] Read more
Pre-Bid Meeting For 2000 MW Solar Projects Tender Under CPSU-II Scheme Updated On Thu, Mar 28th, 2019 by Saurenergy The pre-bid meeting has been scheduled for April 2, 2019. The Solar Energy Corporation of India (SECI) has issued a notification with the schedule for the pre-bid meeting for its 2000 MW grid-connected solar PV power project tender (Tranche-1) under the Central Public Sector Undertaking (CPSU) Phase-II Scheme (Government Producers Scheme). In order to discuss […] Read more