Tangedco Gets Approval to Float Solar and Wind Tenders Updated On Thu, Nov 22nd, 2018 by Saurenergy The tenders will be floated in December and the companies taking part in the bidding will have one year to commission the project. Tamil Nadu Generation and Distribution Corporation (Tangedco) has revieced an approval from the Tamil Nadu Electricity Regulation Commission (TNERC) float solar and wind power tender for the financial year 2018-19. The tenders […] Read more
Solar Developers to Get a One-Time GST Compensation of Rs 2000 crore Updated On Tue, Nov 20th, 2018 by Saurenergy An order by Central Electricity Regulatory Commission (CERC) in October had approved the claims of solar power developers. In a relief to the solar developers, state power distribution companies will have to pay nearly Rs 2000 crore as a one-time compensation towards the impact of Goods and Service Tax (GST) on developers according to Icra. […] Read more
Solar Energy Corporation to Issue Tenders of 4000 MW in Nov-Feb Period Updated On Mon, Nov 19th, 2018 by Saurenergy The proposal however, will not guarantee India meeting its solar energy target under the national solar mission In order to fast-track the energy output from solar energy, government has instructed the Solar Energy Corporation of India (SECI) to issues tenders for 4000 MW of solar energy by the month of February 2019. The proposal however, […] Read more
Solar Power Generation Set to Touch 600 GW by 2023: Report Updated On Wed, Nov 14th, 2018 by Saurenergy This growth in the solar capacity, the report mentioned, will put solar energy ahead of all other renewable technologies combined. The total power generation capacity of the world using solar energy is set to touch approximately 600 GW by the end of 2023 from 391 GW in 2017, International Energy Agency (IEA) has said in […] Read more
Solar will Become More Competitive than Coal by 2040: IEA Updated On Wed, Nov 14th, 2018 by Saurenergy IEA also said in the report that Renewable energy has surpassed fossil fuels worldwide as the main source of new electricity generation. Power generation using solar energy will be more competitive than that via coal before 2040, International Energy Agency (IEA) has predicted in its World Energy Outlook 2018 report. IEA also said in the […] Read more
EDF Renewables Signs Two 20-Yr PPA For Solar+Storage Proj in California Updated On Tue, Nov 13th, 2018 by Saurenergy The Project is slated to achieve commercial operation by the end of 2021. The agreement is for generation and storage of solar energy. EDF Renewables North America signed two 20-years Power Purchase Agreement (PPA) with Silicon Valley Clean Energy (SVCE) purchasing 55 percent of the output, and Monterey Bay Community Power (MBCP) getting the remaining […] Read more
European Solar Power Market, Forecast to 2025 Updated On Fri, Nov 9th, 2018 by Saurenergy This research presents an analysis of the European solar power market.This study includes an in-depth analysis of the market with a specific focus on nine countries—Austria, Belgium, Germany, Italy, United Kingdom, France, Spain, Turkeyand the Netherland—besides the Nordic Countries and Rest of Europe. End-user groups are residential, commercial & industrial and utility scale.Installed capacity and expected trends in end-user segments vary across countries. […] Read more
HRD Institute Saves Big with Solar Energy Updated On Fri, Nov 9th, 2018 by Saurenergy The Telangana State-run MCR HRD Institute has opted for renewable energy to meet a part of its power needs. The Institute has completed Phase I of its solar power system, under which it installed a 500 kwp on the roof of the building. The total cost of the project was Rs 219 lakh. The Central subsidy, which […] Read more
Solar Power Consumers to Bear Cost of Solar Pumps for Farmers: Maharashtra Updated On Mon, Nov 5th, 2018 by Saurenergy The Maharashtra State Electricity Distribution Company has applied a 10 paise per unit surcharge from November 1 to collect funds for the farmers. Mumbai: The Maharashtra government has imposed an electricity surcharge of 10 paise per unit on industrial and commercial consumers to finance its scheme to provide 25,000 solar pumps to farmers, a senior official said […] Read more