MNRE Postpones Commissioning of 7,750 MW Grid-Connected VGF Solar Projects Updated On Sat, Sep 1st, 2018 by Saurenergy MNRE does not hold the developers responsible for the delay in the commissioning of solar PV projects but the supervisory authorities. Ministry of New and Renewable Energy (MNRE) has in a row extended the commissioning deadlines of 7,750 MW grid-connected solar PV power projects under different batches of viability gap funding (VGF) planned under 2nd […] Read more
MNRE Seeks Upper Ceilings for Solar Tariffs Updated On Wed, Aug 29th, 2018 by Saurenergy MNRE has asked the Solar Energy Corporation of India to follow the ‘maximum permissible tariff rule’ for capping the solar tariffs at Rs. 2.5 and Rs. 2.6 per unit respectively for both categories. Ministry of New and Renewable Energy (MNRE) has sought on the recommendations of advisers of National Solar Mission (NSM) an upper ceiling […] Read more
Renew Power Commissions 126 MW of First Reverse Wind Auction in India Updated On Tue, Aug 28th, 2018 by Saurenergy ReNew Power’s this project is part of the country’s first wind power reverse auction concluded by Solar Energy Corporation of India Limited (SECI) in February 2017 under the 1000 MW Inter-State Transmission System (ISTS). India’s one of the leading renewable energy IPP, ReNew Power has successfully commissioned Phase 1 (126 MW) of its 250 MW […] Read more
LONGi Solar Backs Lightsource BP for 60MW Solar PV Project in India Updated On Mon, Aug 27th, 2018 by Saurenergy The project is the largest solar PV power plant in India, tender of which was won by Lighthouse BP with the Solar Energy Corporation of India (SECI) followed by LONGi Solar’s module supply. Global large-scale solar developer, Lightsource BP has completed the first utility PV project in Maharashtra procuring 2,00,000 high-efficiency Monocrystalline solar modules from […] Read more
Government Regulates Time for Solar Tenders Updated On Sat, Aug 25th, 2018 by Saurenergy The time regulation came in to give time gaps between the solar tenders rolled out by the government agencies in order to avoid chaos in the solar industry. Government has set schedules for the state agencies and official organizations to float solar tenders. The time regulation came in to give time gaps between the solar […] Read more
India’s First ISTS connected Wind Power Project Commissioned Updated On Fri, Aug 24th, 2018 by Saurenergy Government’s plan of 175 GW RE by the year 2022 Solar Energy Corporation of India Limited (SECI) conducted India’s first auction of wind power projects in February 2017 in which tariff of Rs. 3.46 was discovered, which was much lower than feed in tariffs in vogue those days. This was a 1000 MW bid for […] Read more
Fotowatio to Withdraw from Solar Project in India Updated On Tue, Aug 21st, 2018 by Saurenergy Having the FRV’s solar project in Ananthapuramu Solar Park in Andhra Pradesh on sale, Edelweiss Infrastructure Yield Plus Fund and Actis LLP’s Sprng Energy have already indicated interest in acquisition. Arabian clean and renewable energy solutions provider, Fotowatio Renewable Ventures (FRV) has planned to withdraw its only ownership in the Indian solar space. Having the […] Read more
Greek Island First in Mediterranean to use Renewable Energy Updated On Mon, Aug 20th, 2018 by Saurenergy The Greek Island is said to have a winter population of 400 and that of summer is around 3,000 which relies greatly on the uncertain electricity supplies. Tilos, a Greek island between Rhodes and Kos, has launched its first ever solar and wind power plant in order to reduce reliance on non-renewable energy sources. The […] Read more
India Far from 100GW Solar Power Target: CRISIL Updated On Mon, Aug 13th, 2018 by Saurenergy The agency also stated in the report that with best possibilities the country would be able to attain 78 to 80 GW of solar power by the end of 2022 up from the current installed capacity of 21.65 GW. Impacting the solar sentiments of India, ratings and research agency, Credit Rating Information Services of India (CRISIL) has asserted that India […] Read more
