President Sanctions Implementation of 1 GW Subset of Existing 5 GW VGF Solar Scheme Updated On Wed, Jan 30th, 2019 by Saurenergy Bidding will be conducted by SECI with capping the tariff at Rs 3 per unit, with a maximum VGF of Rs 1 Crores/MW. The Ministry of New and Renewable Energy (MNRE) has issued an order for the implementation of a subset of existing 5 GW Viability Gap Funding (VGF) scheme for setting up of 1 […] Read more
SECI Issues Tender for 3 GW Solar Linked with 1.5 GW Manufacturing Updated On Wed, Jan 30th, 2019 by Saurenergy The detailed RfS document will be available for download from 18:00 hrs on January 30, 2019. The Solar Energy Corporation of India (SECI) has issued a tender for selection of solar power developers for setting up of a 3 GW ISTS connected solar PV power plant linked with setting up of 1.5 GW (per annum) solar […] Read more
Corporate Clean Energy Buying Surged to New Record in 2018 : BNEF Updated On Tue, Jan 29th, 2019 by Saurenergy Corporations bought a record amount of clean energy through power purchase agreements (PPA) in 2018, shattering the previous record set in 2017 a new report by BNEF found. BloombergNEF has revealed in its 1H 2019 Corporate Energy Market Outlook, that around 13.4 GW of clean energy contracts were signed by 121 corporations in 21 different […] Read more
Tamil Nadu Planning to Bid Out 250 MW Floating Solar Projects Updated On Fri, Jan 25th, 2019 by Saurenergy The department is looking to bid out for projects worth 100 MW, 100 MW and 50 MW at the Mettur Dam, Bhavanisagar Dam, and the Vaigai Dam respectively. The Tamil Nadu Generation and Distribution Company (Tangedco) is planning to float bids for setting up floating solar plants on three dam reservoirs in the State. Floating […] Read more
Inox Wind Receives LOI from Adani to Develop its 501.6 MW Wind Project Updated On Thu, Jan 24th, 2019 by Saurenergy The project is scheduled to be executed over the next 15 months at Kutch District in the state of Gujarat. Inox Wind Limited, one of India’s leading wind energy solutions provider, has received a Letter of Intent (LOI) from Adani Green Energy, a part of the Adani group and a leading Independent Power Producer (IPP) […] Read more
New Aspirations with New Year! Updated On Thu, Jan 24th, 2019 by Saurenergy The New Year 2019 is ready to be kicked off with all new power promises and aspirations with the rising of the new sun. Everybody in the solar industry is also expecting that this New Year will achieve far greater milestones as compared to the previous year. They also hope, the New Year will bring […] Read more
Toyota – Panasonic JV To Manufacture Electric Vehicle Batteries in 2020 Updated On Wed, Jan 23rd, 2019 by Saurenergy Toyota is to hold a 51 percent majority stake with Panasonic owning the rest. Japanese firms, Toyota Motor and Panasonic plan to set up a joint venture in 2020 to manufacture batteries for electric vehicles, joining forces to compete more effectively on cost and scale with rising Chinese players in a key area for the future of […] Read more
Wood Mackenzie Lists 10 Trends that Will Shape the Global Solar Market this Year Updated On Wed, Jan 23rd, 2019 by Saurenergy There is over 63 GW of single-developer mega project capacity (500 MW+) in the global pipeline, 84% of which is comprised of projects in pre-construction phases. In a new report, authored by its analysts Tom Heggarty and Benjamin Attia, consultancy firm Wood Mackenzie has charted the top ten trends that will shape the global solar market […] Read more
Govt Looking to Float 5 GW Manufacturing-Linked Solar Tender Again Updated On Wed, Jan 23rd, 2019 by Saurenergy Most of the large industry players stayed away from the tender. And now, the government plans to cancel the previous bids and start fresh bidding on the project. The Government is planning to float the infamous 5 GW manufacturing-linked solar tender for a second time, after scrapping the results from the first issue. Solar Energy […] Read more
