Fotowatio Renewable Ventures Raises $29 Million from IFC to Fund 100 MW Solar Power Projects in Andhra Pradesh Updated On Sat, Apr 29th, 2017 by Saurenergy The Company is building two solar power projects of 50MW each in Andhra Pradesh. The cost of the project is estimated at $119 million which will be funded through a mix of 75 per cent debt and 25 per cent equity. Fotowatio Renewable Ventures (FRV) has raised $29 million (~Rs.1.86 billion) in non-convertible debentures (NCDs) […] Read more
Solar Mounting Structures: Racking Matters Updated On Thu, Apr 27th, 2017 by Saurenergy Globally, solar installations have been growing at an impressive pace. A large share of growth has been contributed from India, and with 100GW of target by 2022 in its hand, India is on the verge of becoming the world’s biggest solar nation. Continuous reduction in the solar system prices with respect to higher grid rates […] Read more
Kerala Solar Energy Policy Updated On Thu, Apr 27th, 2017 by Saurenergy OBJECTIVE Objective of the state solar policy include:- Increase the installed capacity of the solar sector in the State to 500MW by 2017 and 2500 MW by 2030. Contribute to long term energy security of the State of Kerala as well as ecological security by reduction in carbon emission. Adopt a multi-pronged approach in targeting […] Read more
West Bengal Solar Energy Policy Updated On Thu, Apr 27th, 2017 by Saurenergy TARGET As per MNRE there is a target to harness 5336 MW of solar power through grid connected projects and through rooftop in the state. LAND ALLOTMENT Government land, if available, permission for use will be given for 30 years or the project life whichever is less. Land to be allocated and transferred to WBGEDCL, […] Read more
Jharkhand Yet to Sign PPAs for 1.1 GW of Solar Updated On Thu, Apr 27th, 2017 by Saurenergy The differences on the quoted tariff have halted the signing of the PPA for 1.1 GW solar power project between the state distribution company (DISCOM) and developers in Jharkhand. In Jharkhand, power purchase agreements (PPAs) for 1.1 GW of solar projects that were auctioned in March of 2016 (LoIs signed May 2016) are yet to […] Read more
Chhattisgarh Solar Energy Policy Updated On Thu, Apr 27th, 2017 by Saurenergy OBJECTIVE To encourage, develop and promote solar power generation in the State with a view to meet the growing demand for power in an environmentally and economically sustainable manner. To enhance the private sector participation in solar power generation. To create a favorable environment for development of solar manufacturing capabilities within the State. To contribute […] Read more
Upcoming technologies and improved cost-efficiency in renewable energy will reshape geopolitics: Hamid Ansari Updated On Thu, Apr 27th, 2017 by Saurenergy By 2030, solar power will be able to provide 100 per cent of today’s energy needs; by 2035, it will seem almost free — just as cell-phone calls are today Vice President M. Hamid Ansari on Wednesday said upcoming technologies like manufacturing of robotics and improved cost-efficiency in renewable energy will reshape geopolitics. “Every two […] Read more
Uttar Pradesh Solar Energy Policy Updated On Wed, Apr 26th, 2017 by Saurenergy Uttar Pradesh Solar Energy Policy Updates 2017 A target of 10,700 MW for solar power, including 4,300 MW from rooftop solar projects, by FY 2022 has been set by the Government of Uttar Pradesh mentioned in the ‘Draft Solar Power Policy-2017’ for Uttar Pradesh in June 2017. At the time of announcing the policy remains […] Read more
Tamil Nadu Solar Energy Policy Updated On Wed, Apr 26th, 2017 by Saurenergy Tamil Nadu Solar Energy Policy Updates 2017 Tamil Nadu became the 21st state to join the UDAY program in January 2017. Distribution company debt of Rs. 304.2 billion (~$4.48 billion) will be taken over by the state government. The Tamil Nadu Electricity Regulatory Commission (TNERC) has fixed Rs. 4.50 (~$0.066)/kWh as the new benchmark tariff […] Read more
