Tender Issued for 25 MW Canal Top Solar Plants in Karnataka Updated On Thu, Jul 9th, 2020 by Saurenergy SSCL has tendered for setting up 25 MW solar plants on the Upper Tanga Canal Stretches passing through the Shivamogga City in Karnataka on DBFOT Basis. Shivamogga Smart City (SSCL) has issued a tender, inviting bids from eligible firms for setting up of 25 MW solar PV power plants on the Upper Tanga Canal Stretches […] Read more
Viability of Rs 2.36/Unit to Depend on Module Prices & Duty: ICRA Updated On Thu, Jul 9th, 2020 by Saurenergy The viability of the Rs 2.36/Unit tariffs are critically dependent on PV module prices and the proposed pass through on import duty, according to ICRA. The recently concluded tranche IX auction for inter-state transmission systems (ISTS) solar projects by the Solar Energy Corporation of India (SECI) yielded the lowest ever tariffs at Rs 2.36/unit, considerably […] Read more
SECI Tenders for 5 MW Solar Power Plant at Tuticorin Port Updated On Wed, Jul 8th, 2020 by Saurenergy SECI has issued a tender for setting up a 5 MW grid-connected solar PV power plant at the V. O. Chidambaranar Port Trust (VOCPT) in Tuticorin, Tamil Nadu. The Solar Energy Corporation of India (SECI) has issued a tender, inviting bids from eligible firms for setting up a 5 MW grid-connected solar PV power plant […] Read more
CleanMax Receives Financing From GCPF for Southeast Asia Expansion Updated On Wed, Jul 8th, 2020 by Saurenergy GCPF has announced the closure of a transaction, which will enable CleanMax to expand its operations into Southeast Asia, targeting Thailand first. The Global Climate Partnership Fund (GCPF) has announced the closure of a transaction, which will enable Indian commercial and industrial (C&I) solar leader CleanMax to expand its operations into Southeast Asia, targeting Thailand […] Read more
The Perils Of A High Customs Duty Regime Updated On Tue, Jul 7th, 2020 by Saurenergy Every crisis brings an opportunity with it. This is because obstacles considered insurmountable earlier, can become a lot more manageable in the rush of a crisis. India’s government has clearly decided to use the Covid-19, followed by the now bloody border dispute with China, as the opportunity to set things right for manufacturing in India. […] Read more
ADB Becomes Observer for the Network for Greening the Financial System Updated On Tue, Jul 7th, 2020 by Saurenergy ADB has joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as an observer The Asian Development Bank (ADB) joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as an observer on June 23, 2020. NGFS, launched at the Paris One Planet Summit on December 12, 2017, […] Read more
EIB to Provide Support for 3 First-of-a-Kind Climate Action Projects Updated On Tue, Jul 7th, 2020 by Saurenergy EIB has signed 3 agreements with leading European innovators to collaborate on the development and financing of new projects that address climate change. The European Investment Bank (EIB), one of the world’s largest providers of climate finance, has announced that it has signed three agreements with leading European innovators to collaborate on the development and […] Read more
Odisha Targeting 1500 MW of Solar Generation Capacity by 2022 Updated On Tue, Jul 7th, 2020 by Saurenergy Odisha has decided to boost its share of renewable energy with the state government setting a new target of 1500 MW solar power capacity by 2022. The coastal state of Odisha has decided to boost its share of renewable energy with the state government setting a new target of achieving 1500 MW of solar power […] Read more
5.5 GW PV Additions in India in FY21; 15% Decline due to COVID-19: ICRA Updated On Tue, Jul 7th, 2020 by Saurenergy According to ICRA, the solar PV capacity additions in FY 2020-21 are expected to remain subdued given the continued execution challenges due to COVID-19. The domestic solar PV capacity additions in FY 2019-20 has remained lower by about 15 percent than the previous estimate of 7-7.5 GW, mainly on account of the disruption in supply […] Read more