MNRE issues guideline Tariff Based Competitive Bidding Process to increase affordability of Solar Power Updated On Mon, Aug 28th, 2017 by Saurenergy The guideline for Tariff Based Competitive Bidding Process has been issued by MNRE under the provisions of Section 63 of the Electricity Act, 2003 for long term procurement of electricity by the ‘Procurers’ Ministry of New & Renewable Energy (MNRE) has issued Guidelines for tariff based competitive bidding process for procurement of power from grid connected […] Read more
Government’s New Solar Norms Prevents DISCOMSs from Terminating PPAs Updated On Wed, Aug 23rd, 2017 by Saurenergy The solar guidelines, laid down by the renewable energy ministry, prevent DISCOMs from unilaterally amending or terminating PPAs. India has announced new norms to improve bankability of solar power projects and boost investments without raising tariff, even as the International Renewable Energy Agency (IRENA) said the country can raise renewable energy use to meet a […] Read more
MNRE Drafts New Guidelines on Solar Power Procurement Updated On Wed, Aug 23rd, 2017 by Saurenergy Prepared by the MNRE, the new guidelines cover the grid-connected solar PV power projects with a size of 5 mw and above, and will help in reducing off-takers’ risks, encourage investments, enhance bankability of projects and improve profitability for investors. The government has implemented new rules for buying power from grid-linked solar power projects through […] Read more
IDFC Alternatives to Acquire First Solar’s India portfolio for Rs 1950 Crore Updated On Mon, Jul 31st, 2017 by Saurenergy IDFC infrastructure will acquire entire 200 megawatts of First Solar’s operational portfolio of solar power projects in India for around $300 million. The infrastructure fund of multi-asset manager IDFC Alternatives is set to make its biggest acquisition till date by taking over the entire 200 megawatts of First Solar’s operational portfolio of solar power projects […] Read more
Tailoring Solar Power for Textile Industry Updated On Fri, Jul 14th, 2017 by Saurenergy The Indian Textile Industry has always been amenable in adapting newer and more efficient technologies. Electricity is most necessary input that mill needs today and it has always remained area of concern in this segment. Textile industry has been early adopter of renewable energy in India and has contributed largely in the growth of clean […] Read more
DMIDC Starts Commercial Operations of 1 MW Solar Power Plant in Rajasthan Updated On Thu, Jul 13th, 2017 by Saurenergy The 1 MW solar power unit is a part of project by the DMICDC which also includes a 5 MW model solar plant using thin film technology sourced from Japanese firm. Delhi Mumbai Industrial Corridor Corporation (DMIDC) stated that its 1 MW smart micro grid solar power plant in Rajasthan has started commercial operations. The […] Read more
Submitting Forecast & Schedule of Solar Power generation : Communication with SLDC Updated On Mon, Jun 5th, 2017 by Saurenergy A forecast model of solar power generation can be viewed as probabilistic evolution to generate different plausible patterns considering the unscheduled fluctuations The demand of energy has multiplied manifold due to socio-economic development and this demand can be no longer satisfied by the traditional energy technology using local resources only. Hence the renewable energy is […] Read more
Foxconn and SoftBank to Bring World’s Cheapest Solar Power in India Updated On Sat, May 13th, 2017 by Saurenergy SBG Cleantech Ltd., the clean-energy joint venture between Japan’s SoftBank Group Corp., India’s Bharti Enterprises Pvt. and Taiwan’s Foxconn Technology Group quoted 2.45 rupees to scoop up the 300 MW solar power project. Companies led by SoftBank Group Corp. of Japan and Taiwan’s Foxconn Technology Co. Ltd. are bringing India some of the cheapest solar […] Read more
West Bengal to set up 1,000MW solar-hydro power project: Report Updated On Tue, May 9th, 2017 by Saurenergy 10 years after the successful installation of Purulia Pumped Storage Project, Bengal is all set to take solar-hydro route for green power project West Bengal is reportedly gearing up to adopt solar to run generators that will pump water to a reservoir uphill in Purulia’s Ayodhya Hills during off peak hours. According to TOI 10 years after […] Read more
