Solar developers seems least interested for TANGEDCO’s solar projects Updated On Mon, Nov 28th, 2016 by Saurenergy In October, Tamil Nadu Generation and Distribution Corporation Limited floated a tender for 500 MW of utility scale solar projects. The tender received limited interest and that too predominantly from smaller developers who have submitted 20 bids totaling just 116 MW. This tender from TANGEDCO follows an allocation of approx. 1200 MW in early 2015 […] Read more
Industry’s Aspirations on Solar Blueprint Updated On Fri, Nov 25th, 2016 by Saurenergy Every year India faces severe electricity shortage, to meet the rapidly growing demand the country needs a massive addition in capacity. And to sustain the pace of economic growth with a commitment towards the reduction of greenhouse gases, India has to cut its dependency on fossil fuels for electrification. Therefore solar power installations in India […] Read more
The Investors Theorem: Your Rooftop PV Solar Project Updated On Mon, Nov 21st, 2016 by Saurenergy Over the past two decades, there have been many attempts to reform the electric utility market. The costly and complex operations of transporting energy have made utilities natural monopolies, while regulatory barriers and the high fixed costs of building and maintaining regional electrical grid infrastructure have also kept much competition at verge. Now with vigorous […] Read more
Adani confirms plan to begin construction on the large-scale solar plant in Australia next year Updated On Mon, Nov 21st, 2016 by Saurenergy Indian mining and energy giant Adani power has confirmed that it is going ahead to build 100-200MW solar plant in the south-west of Moranbah in the Bowen Basin. The energy generated by the solar plant can power up-to 32,000 homes. The company in a statement said “it proposes to commence construction of two major solar […] Read more
Dominion Announces Significant Expansion of Solar Energy in Virginia in Collaboration With Amazon Updated On Fri, Nov 18th, 2016 by Saurenergy Dominion has announced a major expansion of its solar alliance with Amazon Web Services (AWS), Inc., an Amazon.com company, to add 180 megawatts of solar generating capacity in five Virginia counties. Construction of the facilities will be enabled through long-term power purchase agreements between Dominion subsidiary, Dominion Energy, Inc., and an affiliate of Amazon’s cloud […] Read more
PGCIL Seeks US$ 1,000 Million Loan from ADB for Green Energy Corridor Updated On Fri, Nov 18th, 2016 by Saurenergy Power Grid Corporation of India Limited (PGCIL) has sought a loan of US$ 1,000 million for green energy corridor from the Asian Development Bank (ADB). The USD 1,000 million loan comprises Sovereign guaranteed loan of US$ 500 million and Non-Sovereign loan of US$ 500 million said Piyush Goyal, Minister of State (IC) for Power, Coal, […] Read more
3019 MW of Solar Energy Capacity Added in 2015-16: Piyush Goyal Updated On Fri, Nov 18th, 2016 by Saurenergy Power, Coal, New & Renewable Energy and Mines, Minister Piyush Goyal in Lok Sabha on Thursday said that a total of 3019 MW of solar energy capacity addition was recorded during the year 2015-16. The minister shared that World Bank has recently approved a total amount of US $ 625 million consisting of World Bank […] Read more
20 Countries Including Brazil And France Sign Framework Agreement Of International Solar Alliance Updated On Wed, Nov 16th, 2016 by Saurenergy More than 20 countries, including Brazil and France signed the framework agreement of the International Solar Alliance (ISA). ISA was launched by PM Narendra Modi and French President Francois Hollande at the COP21, Paris climate summit last year. The framework agreement of International Solar Alliance (ISA) was opened for signatures on the sidelines of UN’s […] Read more
BUY or LEASE Your Solar panel system? Updated On Tue, Nov 15th, 2016 by Saurenergy Rooftop solar market in India is speculated to add new capacity of 700 MW in 2016 – 15% of total solar capacity addition this year. According to Bridge to India, the cumulative capacity crossed 1 GW by September and is growing at a sizzling 300% over last year. Ministry of Finance has reduced depreciation rate […] Read more