TGI Solar Soon to Make Electric Vehicles; Mulls Europe Expansion Updated On Wed, Jul 18th, 2018 by Saurenergy The company’s initial plan of electric vehicles assembly plant, will require financing of Euro 15-20 mm in combination of debt and equity. TGI Solar Power Group (TGI Solar) has received a draft of manufacturing agreement, which would allow the company’s auto division to begin production of electric vehicles and further proceed with its expansion plans in Europe. […] Read more
Azure Power’s Portfolio Surpasses 3 Gigawatts Updated On Tue, Jul 17th, 2018 by Saurenergy Azure Power wins 300 MWs with AA+ domestic debt rated government entity (SECI) at a tariff 8% above the lowest bid in the auction 87% of the 2.2 GW contracted pipeline are with counterparties that have A to AAA domestic debt ratings Over 1 GWs of the contracted pipeline are with sovereign counterparties Azure […] Read more
How Many Chinese Module Suppliers can Compete with JinkoSolar, Outside China? Updated On Tue, Jul 17th, 2018 by Saurenergy Since Chinese investments into major cell and module facilities started – more than 10 years ago – success ultimately has been driven by overseas market-share gains, above other technical or financial benchmarks that otherwise would be expected. However, despite the efforts of well over 50 Chinese cell/module makers (where the cut-off is including those with […] Read more
Corporates and Multinationals Showing Interest in Solar-powered Factories Updated On Fri, Jul 13th, 2018 by Saurenergy There are half a dozen established solar companies tapping the corporate sector, as solar power prices have crashed to a viable less than Rs 3/kWh (kilowatt hour) from over Rs 5/kWh three years ago. Indian corporates and multinationals are increasingly showing their interest in shifting from conventional source of energy to solar energy. Many leading […] Read more
Delhi Municipal Buildings to Install Rooftop Solar Power Projects Updated On Fri, Jul 13th, 2018 by Saurenergy SDMC has become the first municipal corporation in the country to generate solar energy by installing solar panels on the rooftops of its buildings and earn revenue in three months. A project of 5MW solar rooftop on the municipal buildings has been approved by the South Corporation in its standing committee meeting. “This additional capacity […] Read more
Maharashtra to Tap Solar Projects on Large Dams Updated On Thu, Jul 12th, 2018 by Saurenergy At the Ujani dam, the project will cover 2,000 hectares or less than 1/15th of the total 34,000-hectare area of the reservoir. In order to shift from conventional source of energy to solar energy and to overcome the hurdles in acquiring private land for infrastructure projects, the government of Maharashtra has embarked upon the fleet […] Read more
3MW of Solar With Battery Storage Tendered by SECI in Ladakh Updated On Thu, Jul 12th, 2018 by Saurenergy The tenders have been issued on behalf of Military Engineer Service (MES), a construction agency. The tender is for design, engineering, supply, construction, testing, installation, and commissioning. In order to broaden the horizons of solar power in the country, Solar Energy Corporation of India (SECI), at two different locations in Jammu and Kashmir has issued […] Read more
Madhya Pradesh CM Inaugurated NTPC’s Rs 1,500 Crore Solar Power Plant Updated On Thu, Jul 12th, 2018 by Saurenergy The solar power project was commissioned in June 2017 and generated electricity is being supplied for consumption in Madhya Pradesh, the sole beneficiary. In the area of Suwasra in district Mandsaur of Madhya Pradesh, Chief Minister Shivraj Singh Chauhan inaugurated NTPC’s 250 MW solar plant for the state consumers. The total investment for setting up the […] Read more
One Rupee Increase in Tariffs in Latest Solar Auction Updated On Thu, Jul 12th, 2018 by Saurenergy The latest solar auction for 1000 MW held by the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) saw the winning tariffs at Rs 3.48-3.55 per unit. From the record low of Rs 2.44 per unit, the solar power tariffs have risen by more than one rupee in the latest auction. Those from the industry say […] Read more
