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
Power Regulator CERC Boosts Merchant Renewable Energy Plants Updated On Thu, May 17th, 2018 by Saurenergy The detailed procedure that commission has issued would grant long and medium-term transmission access to the renewable project that has achieved financial closure and has already acquired land for the project. While proposing stringent rules against line underutilization, Power regulator Central Electricity Regulatory Commission (CERC) has issued guidelines that would pave way for serious merchant renewable […] Read more
MSEDCL to Buy Cheapest Solar Power in the Country Updated On Thu, May 17th, 2018 by Saurenergy MSEDCL issued tenders to buy 1,020 solar power from private producers. The two companies that agreed to supply power are JLTM Energy and Mahoba Solar. Both agreed to supply 20 MW and 200 MW at the rate of Rs 2.71 per unit. Maharashtra State Electricity Distribution Company Limited (MSEDCL) has entered into an agreement with two […] Read more
Six Bidders Win 1 GW Floating Solar Project for Ujjani Dam Updated On Wed, May 16th, 2018 by Saurenergy These players won the contract for different capacities at tariffs of Rs 2.71 and Rs 2.72 per unit. Mahadiscom Maharashtra State Electricity Distribution Company Ltd (MSEDCL) has awarded the 1 GW of floating solar capacity on the Ujjani Dam to six bidders, including Tatas, Azure Power and Acme Solar out of twenty-five bidders. These players won the contract […] Read more
India’s Energy Mix Will be Substantially Complemented by Renewable Energy: Petroleum Minister Updated On Wed, May 16th, 2018 by Saurenergy “We are going to generate around 175 Gigawatt of renewable energy on solar, wind, bio-CNG, bio-fuel to small hydro projects in the near future, India’s energy mix will be substantially complemented by renewable energy,” he said. India’s energy mix will be substantially complemented by renewable energy and the country is going to generate around 175 Gigawatt of […] Read more
NavSemi Technologies Now Becomes Alpha Tech Energy Solutions India Updated On Wed, May 16th, 2018 by Saurenergy The company’s move is part of an initiative to better reflect its connection to its parent company Alpha Technologies, Inc. USA. Bangalore-based solar energy equipment supplier NavSemi Technologies Private Limited has changed its name to Alpha Tech Energy Solutions India Private Limited. The company’s move is part of an initiative to better reflect its […] Read more
Odisha’s Behrampur Gets Solar-Powered Water Pumps Updated On Wed, May 16th, 2018 by Saurenergy From the deep bore wells the water is lifted with the help of solar-powered motor pumps and thereafter stored in tanks of 5,000-liter capacity. The pumps are fully automatic who would start and stop on their own once the tank is empty or full. In order to provide uninterrupted water supply, Odisha Public Health Engineering […] 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
