World’s Largest 2K MW Solar Park Sets Up in Karnataka by Investing Rs 16,500 cr Updated On Mon, Mar 5th, 2018 by Saurenergy The park spans across 13,000 acres spread over 5 villages and is a benchmark in the unique people’s participation in power model put on ground. The world’s largest 2,000 MW solar park, named as ‘Shakti Sthala’, was set up with an investment of Rs 16,500 crore at Pavagada town in Tumakuru district of Karnataka. According […] Read more
Forecasting to mitigate back-down Updated On Wed, Feb 28th, 2018 by Saurenergy Unlike other renewable energy rich countries where grid management is for the purpose of energy management, the grid management in India actually targets to solve the capacity management problem. The power market structure of India is comparatively complex unlike other countries and with the penetration of massive variable renewable energy like wind and solar, the […] Read more
Adani Group Inks Rs 9K cr Solar, Other Projects in Andhra Updated On Mon, Feb 26th, 2018 by Saurenergy The company would also be investing in a multi-modal logistics park, says Gautam Adani. Adani Group has inked a pact with the Andhra Pradesh government to invest over Rs 9,000 crore in various projects, including setting up of solar and wind facility, development of a greenfield port, in next five years. Adani Group, Chairman, Gautam […] Read more
MNRE Leads from the Front to Push Solar Sector Updated On Sat, Feb 24th, 2018 by Saurenergy The latest move by MNRE should be seen at a time when India had failed to comply with a World Trade Organisation (WTO) ruling on solar power. The government of India, through its MNRE, seems to have woken up by issuing the latest amendments to accelerate the growth of the solar photovoltaic sector. The recent […] Read more
Govt Issues Penalty for Violating DCR Norms Under MNRE’s Solar PV Projs Updated On Fri, Feb 23rd, 2018 by Saurenergy The move has come to avoid misuse of policy. The Government of India (GoI), through the Ministry of New and Renewable Energy (MNRE), has issued a memorandum titled – “Penalties for violation of norms of Domestic Content Requirement (DCR) under Solar PV power projects under MNRE’s Schemes / Programmes”. The memorandum was published on the MNRE […] Read more
Solar Panel Case: MNRE Removes DCR Clause From 5 GW Phase-II Batch-IV VGF Scheme Updated On Fri, Feb 23rd, 2018 by Saurenergy The amendment comes in response to the US allegation that India had not complied with the World Trade Organisation’s ruling in the solar panels dispute case. In a significant development, the Ministry of New and Renewable Energy (MNRE) has announced an amendment for the implementation of a scheme for setting-up of more than 5 GW […] Read more
Amplus Commits Rs 2,200 cr Investment in UP to Build 500 Mw Solar Capacity Updated On Thu, Feb 22nd, 2018 by Saurenergy We are committed to install solar capacity of 500 MW in the state in the next 5 years, says Sanjeev Aggarwal. Solar power plant manufacturer Amplus Energy Solutions has inked a Memorandum of Understanding (MOU) with the Uttar Pradesh (UP) government during the Investors Summit 2018 to invest Rs 2,200 crore over the next 5 years. The MoU […] Read more
Dedicated R&D Department Needed in CEA, Says R.K. Singh Updated On Wed, Feb 21st, 2018 by Saurenergy Only way of improving life and system is questioning. This is the spirit I look for in my system, he added. R.K. Singh, Union Minister of State (IC) for Power and New & Renewable Energy, has stressed upon the need of a dedicated R&D department in CEA to coordinate the research in power sector. The […] Read more
Govt Extends Transmission Charge Waiver Period for Solar Projects Till March 2022 Updated On Mon, Feb 19th, 2018 by Saurenergy The waiver will be available to these projects for 25 years from the date of commissioning provided the developers sign power purchase agreements with entities, including discoms, for sale of power for compliance of their renewable purchase obligation. The government has extended the window to avail waiver of inter-state power transmission charges and […] Read more
