AP High Court Throws Out 6.4 GW State Solar Auctions Updated On Fri, Jun 18th, 2021 by Saurenergy The Andhra Pradesh High Court declared yesterday that the state government’s 6.4 GW solar project auctions were bad in law, and quashed the request for selection (RfS) and power purchase agreement (PPA) for the same. The move follows a petition filed by Tata Power Renewable Energy in January this year, where it was contended that the […] Read more
ICRA Places 4 GW Projects At Risk Of Escalations Due To Higher Import Costs Updated On Thu, Jun 17th, 2021 by Saurenergy The hiked prices of imported solar PV modules by nearly 15-20% over the last 4-5 months, may impact the returns of solar power project developers. According to a recent release by the independent rating agency ICRA, the price rise in imported solar modules has been mainly caused due to anincrease in the price of polysilicon, […] Read more
India Extends $100 Million Credit To Sri Lanka For Solar Projects Updated On Thu, Jun 17th, 2021 by Saurenergy In an agreement yesterday, India has extended a USD 100 million Line of Credit (LOC) to Sri Lanka for various solar energy projects. This financial help will aid the Lankan government to boost their solar energy sector by ensuring the country’s 70 percent power requirements are fulfilled by renewable energy sources by 2030. The agreement […] Read more
15 MW Nangal Floating Solar Bid Deadline Gets 12th Extension From SECI Updated On Thu, Jun 17th, 2021 by Saurenergy SECI has extended the bid submission deadlines for the 15 MW floating solar plant at Nangal Pond, In Himachal Pradesh’s Bilaspur District, by a further period to July 19, 2021. This should make this the 12th extension for the project now. The tender had first been released in July last year. Power from the project […] Read more
SJVN & NDMC Agree Terms For 150 MW Solar Power Sale Updated On Wed, Jun 16th, 2021 by Saurenergy Hydroelectric power generation company SJVN has announced an agreement with the New Delhi Municipal Council (NDMC) to sell 150 MW of solar power from SJVN projects that it plans to bid and develop under the Central Public Sector Undertaking (CPSU) Scheme. In accordance, NDMC will purchase this solar power at a rate of Rs. 2.44/kWh tariff […] Read more
NCRTC Partners with SECI to Use Renewable Energy in Delhi-Meerut Corridor Updated On Wed, Jun 16th, 2021 by Saurenergy In an effort to promote India’s sustainability development goals (SDGs), thus encouraging the use of renewable energy in the transportation sector the National Capital Region Transport Corporation (NCRTC) and Solar Energy Corporation of India (SECI) have signed a Memorandum of Undertaking (MoU) to harness blended renewable energy for Delhi-Meerut RRTS (Regional rapid transit system) corridor. […] Read more
WAAREE’s Solar Modules to Power Austrian Firm Borealis’s Plant in Italy Updated On Wed, Jun 16th, 2021 by Saurenergy Waaree Energies, one of India’s largest solar manufacturers has supplied its solar PV modules to Austrian chemical firm, Borealis’s plant in Monza, Italy. Waaree is providing its solar modules for the installation of first solar PV rooftop array for electricity generation at the Austrian firm’s plant. Borealis is one of the world’s leading providers of […] Read more
Research Flags Risks To US Solar Loans From Chronic Underperformance Updated On Tue, Jun 15th, 2021 by Saurenergy California-headquartered kWh Analytics has released the latest edition of its annual report Solar Risk Management, which reveals that wildfires reduced energy production by up to 6% in the Western U.S. in 2020. Solar Risk Management 2021, which provides investors with latest insights on the evolution of solar generation risk, spans three sections and contains contributions from over […] Read more
NTPC Tenders For 4MW Ground-mounted Solar Plus BESS System at NETRA Updated On Tue, Jun 15th, 2021 by Saurenergy As announced in our earlier article, NTPC is looking to further strengthen its footprint in the green and clean fuel sector. The company has issued a tender for the installation of a 4 MW ground-mounted solar project with a 1 MW/1 MWh battery energy storage system (BESS) and induction-based cooking system at its NTPC Energy […] Read more
