Azure Power Reaches New Milestone; Crosses 2 GW Solar Portfolio Updated On Tue, May 22nd, 2018 by Saurenergy As per the tender terms, the company will sign a 25 year Power Purchase Agreement (PPA) with Mahagenco at a tariff of Rs 3.07 (~US 4.7 cents) per kWh. Yet adding another feather in the cap, Indian solar power producer, Azure Power, has enhanced its portfolio by crossing the 2 GW milestone by winning four […] Read more
Solar Power Fills Mumbai Housing Society’s 81% Energy Demand Updated On Mon, May 21st, 2018 by Saurenergy With the generation of 45-50 units per day the solar rooftop plant will generate 16,900 units in a year. The society also has a net metering policy that facilitates the solar system to be connected with the electricity grid. To meet their electricity demands Mulund Darshan housing complex in Mulund (East) has shifted from conventional […] Read more
Pfister Energy Picked For Lockheed Martin’s Largest Solar Field Updated On Fri, May 18th, 2018 by Saurenergy The 8-acre, ground mount, photovoltaic solar field will reduce the facilities environmental impact through this upgrade by saving 5 percent of its annual electric usage. Pfister Energy, specialist in designing and building large-scale, complex solar projects, was chosen to design, build and construct a 2.5 MW (DC) solar field for Lockheed Martin’s Moorestown facility. Further, the […] Read more
Azure Power Wins 130 MW Solar Power Project in Maharashtra Updated On Fri, May 18th, 2018 by Saurenergy At the tariff rate of Rs 2.27 per KW Azure Power will sign a Power Purchase Agreement (PPA) with MSEDCL for 25 years. The project is expected to be commissioned in 2019 and will be developed by Azure Power outside a solar park. In a recent auction by Maharashtra State Electricity Distribution Company Limited (MSEDCL), […] Read more
Investors Fear Depreciation in Rupee May Affect Solar Tariffs: Study Updated On Thu, May 17th, 2018 by Saurenergy “If the rupee depreciates to Rs 67 from Rs 65 between the time of tariff bidding and finalisation of terms of payment for module supply (which can easily extend to 6-8 months), the solar power developer will suffer an overall four paisa per unit reduction in margin, which is significant considering the modest margins for […] Read more
Kyocera TCL Solar Completes 29.2 MW Solar Power Plant in Japan Updated On Wed, May 16th, 2018 by Saurenergy Around 108,504 are installed in the plant that will generate enough electricity to power approximately 12,000 typical households. At an estimate around 36,080 megawatt hours (MW) will be generated per year. Touching yet another milestone Kyocera TCL Solar LLC has completed the construction of 29.2 MW of utility-scale solar power plant situated in Yonago City, […] Read more
Azure Power Hits another Milestone; Surpasses 1 GW of Operating Solar Capacity Updated On Tue, May 15th, 2018 by Saurenergy This milestone was achieved with the company’s recent commissioning of a 50 MW project in Andhra Pradesh. Adding another feather in the cap, Indian solar power producer Azure Power has enhanced its portfolio by surpassing 1 GW of operating solar capacity. The achievement has made it one of the largest solar power companies in India. Further, […] Read more
Solar Power Policy for Farms in Gujarat Soon Updated On Tue, May 15th, 2018 by Saurenergy Soon the MoUs will be made with farmers and the government will start working on multiple projects and the policy will be implemented thereafter. A new solar power policy for farms is in offing in Gujarat as the Government of the state is taking lands from farmers on lease to install solar panels while at […] Read more
India to See Job Surge in Solar, Wind Energy Sector: Report Updated On Tue, May 15th, 2018 by Saurenergy “The potential for employment creation is conditional on the domestic capacity of solar module manufacturing and the establishment of vocational training programmes and certification schemes,” the report added. Over 300,000 workers to be employed in solar, wind energy sectors in India: Report In India the employment generation in solar industry will see a boom in […] Read more