Andhra Pradesh Government Plans to Float Tenders for Two Pilot Battery-Backed Solar Power Projects Updated On Thu, May 18th, 2017 by Saurenergy Andhra Pradesh Chief Minister N Chandrababu Naidu has emphasized the need to tap and store the solar power in reducing power charges. With rapid growth in the solar power capacity and changes in the battery backup technologies, the Andhra Pradesh Government plans to float tenders for two solar parks to be taken up on a […] Read more
RaysExperts adds 30 MW capacity to its Solar Parks, situated at Kolayat in Bikaner Updated On Tue, May 16th, 2017 by Saurenergy Around 99% of solar EPC companies in India have a total individual portfolio of less than 30 MW, however, Rays Experts, in a rare feat of sorts, achieved in just 3 months. RaysExperts has successfully commissioned projects that contributed an addition of 30 MW to Rays Solar Parks, situated at Kolayat in Bikaner. According to […] Read more
Rajasthan Solar Energy Policy Updated On Wed, Apr 26th, 2017 by Saurenergy Rajasthan Solar Energy Policy Updates 2017 The new fixed tariff of Rs. 3.93 (~$0.06)/kWh as the generic tariff levelised for 25 years for solar PV projects excluding accelerated depreciation (AD) has been announced by the Rajasthan Electricity Regulatory Commission (RERC) in October 2017. The fixed AD component is fixed at Rs. 0.27 (~$0.004)/kWh making the […] Read more
Solar Power Tariff Expected to Get Cheaper than Coal Updated On Mon, Apr 24th, 2017 by Saurenergy The solar power tariff has seen a significant decline in tariffs from Rs. 10.95-12.76/kWh in 2010-11 to as low as Rs. 3.15 per kWh, which is expected to fall to Rs. 2.90 per unit. India’s solar power prices may be set to fall below those of thermal (coal) energy. This is based on an expected […] Read more
Indian Solar Sector Witnessed $1.6 Billion In Funding And M&A Transactions In Q1 2017: Mercom Capital Updated On Thu, Apr 13th, 2017 by Saurenergy Mercom Capital in its report states that ReNew Power was the highest funded company raising VC (venture capital), debt and project funding during the quarter. Renewable Energy Minister Piyush Goyal recently informed Rajya Sabha that India has added 5525 MW solar power generation capacity last fiscal, taking the total from this clean source to 12288 […] Read more
Solar Power Tariffs in India Have Plunged by 73 Percent Since 2010 Updated On Fri, Mar 24th, 2017 by Saurenergy Since 2010, India’s solar power tariff rate has been reduced to record low, especially in the auction conducted at the Rewa Solar Park. India’s solar sector recently reached record low tariff levels in the auction conducted at the Rewa Solar Park in the state of Madhya Pradesh. India was one of the first countries to […] Read more
NTPC commissions 115 MW capacity out of 260 MW of Bhadla Solar Power Project Updated On Thu, Feb 23rd, 2017 by Saurenergy NTPC has planned capacity addition of about 1,000 MW through renewable resources by 2017. In this endeavour, NTPC has already commissioned 310 MW solar power projects. NTPC has announced that it has commissioned 115 MW capacity out of 260 MW of Bhadla Solar Power Project. With this, the installed capacity of NTPC’s solar power projects […] Read more
Solar players expect tax incentives in budget, uncertainty over GST remains Updated On Tue, Jan 31st, 2017 by Saurenergy According to Solar players’ continuation of appreciated depreciation, a financial incentive, along with concessional interest rates and use of Rs 54,000 crore National Clean Energy Fund could be crucial to achieve country’s ambitious target. Amid uncertainties over the impact of Goods and Services Tax (GST) and Make in India programme being affected by falling prices […] Read more
Mercom Capital forecasts solar capacity addition of more than 9GW in India in 2017 Updated On Tue, Jan 3rd, 2017 by Saurenergy Solar installation of over 9 GW in 2017 would put the Indian solar sector in the big leagues along with China, the United States, and Japan Global clean energy communications and consulting firm, Mercom Capital forecasts solar capacity addition in India of over 9 GW during the current calendar year 2017. 2016 saw solar installations […] Read more
