ACME Solar Appoints Barclays, JPMorgan for private InvIT Updated On Wed, Oct 31st, 2018 by Saurenergy So far, only three companies—L&T Infra, IRB Infra and India Grid Trust—have tapped the InvIT route for fundraising Renewable energy company ACME Solar Holdings Ltd has hired two investment banks as the company looks to start work on its proposed infrastructure investment trust (InvIT) amid a prolonged delay in a planned initial public offering (IPO), […] Read more
Rupee fall puts Rs 28,000 crore solar projects at risk Updated On Wed, Oct 31st, 2018 by Saurenergy With safeguard duty, this can crank up tariffs by 30 paise/unit for future projects Nearly half of the solar power capacities under implementation worth ~Rs 28,000 crore face viability risk because of the continuous fall in the rupee, which has made imported solar modules costlier and increased the cost of setting up solar plants. These […] Read more
Azure Power Raises over ~US$ 400 Million Since Fiscal First Quarter Updated On Tue, Oct 30th, 2018 by Saurenergy Azure Power has one of the largest solar portfolios in India The Company’s 2GW+ pipeline has a weighted average tariff ~17% higher than the lowest solar bid in the market With the recent equity and debt financings, Azure Power is one of the best capitalized solar companies in India Azure Power (NYSE: AZRE), one […] Read more
JinkoSolar Ranked as Top Performer for 4th Consecutive Yr by DNV GL Updated On Fri, Oct 26th, 2018 by Saurenergy The global quality assurance and risk management company, DNV GL, tested over 300 bills of material (BOM) for more than 50 module manufacturers. One of the leading solar module manufacturers JinkoSolar Holding (JinkoSolar) has been recognized as a Top Performer on DNV GL’s 2018 PV Module Reliability Scorecard for the fourth consecutive year. Commenting on […] Read more
SECI Extends Bid Submission Deadline for 750MW Solar Project in Rajasthan Updated On Thu, Oct 25th, 2018 by Saurenergy The deadline for bid submission against the above RfS has been extended to 02.11.2018 (upto 1600 hrs IST), SECI. The Solar Energy Corporation of India (SECI), an arm of the Ministry of New and Renewable Energy (MNRE), has extended the bid submission deadline for ‘selection of solar power developers for setting up of 750 MW […] Read more
What Happens When Low Quality, Unproven Materials are Used in Solar Panels? Updated On Tue, Oct 23rd, 2018 by Saurenergy Revealing the Results of over 4 million solar panels inspected in 275 installations across the world INTRODUCTION The quality of PV modules and the materials used in them can be best assessed by evaluating their performance in the field. Challenging climatic conditions, like those in India, cause severe environmental stresses for PV materials in the […] Read more
Innergex Buys 260 MW Solar Project to Expand US Footprint Updated On Tue, Oct 23rd, 2018 by Saurenergy The company further said that, this 260 MWDC photovoltaic solar prospective project is almost ready to be built upon signing of an offtake contract. In a bid to expand its US footprint to seven states, Innergex Renewable Energy (Innergex) has acquired a photovoltaic solar prospective project of approximately 260 MWDC from Open Road Renewables and MAP Renewable […] Read more
SECI Extends Bid Submission Deadline for 10GW Solar Project Till 12th Nov Updated On Fri, Oct 12th, 2018 by Saurenergy As per the tender document, the techno-commercial bids would be opened on November 13, 2018. The Solar Energy Corporation of India (SECI), an arm of the Ministry of New and Renewable Energy (MNRE), has extended the bid submission deadline for its 10GW of inter-state transmission system (ISTS) connected solar capacities with 3 GW p.a. solar […] Read more
SECI Extends Bids for UP’s 150MW Floating Solar Plants Till Oct 25 Updated On Thu, Oct 11th, 2018 by Saurenergy Additionally, SECI has also extended bid submission deadline for setting up of 2 MW solar power project with 1 MWH BESS at Kaza, Himachal Pradesh till October 25, 2018. State-owned Solar Energy Corporation of India (SECI) has extended the bid submission deadline for setting up of 150 MW (50 MW x 3) grid connected floating […] Read more
