Maharashtra to Give Huge Subsidies on Solar Agri Pumps: Minister Updated On Mon, Nov 19th, 2018 by Saurenergy Speaking at the Agro Vision 2018, the minister informed that one lakh such solar pumps will be given to the farmers With a motive of bringing solar energy to every nook and corner of rural Maharashtra, the state government is planning to give huge amount of subsidies on solar agricultural pumps. Maharashtra state energy minister […] Read more
Solar Energy Sector Losing Sheen With Developers Shunning Projects Updated On Mon, Nov 19th, 2018 by Saurenergy Solar Energy Corporation of India (SECI) issued tenders for 1,200 megawatt (MW) of wind-solar hybrid scheme and 10,000 MW solar tender linked to manufacturing units Once touted as the sunrise sector, solar energy industry is losing is its sheen with developers showing reluctance towards bidding for projects. Solar Energy Corporation of India (SECI) issued tenders […] Read more
Viz-A-Viz with Manish Aggarwal, Managing Director, Enkay Solar Power Updated On Tue, Nov 13th, 2018 by Saurenergy Q. In present scenario where technology changes frequently, how do you manage to upgrade your technology? As we are new entrants in this field, we were able to induct the state-of-art machinery, therefore up-gradation is not an issue. For instance when we started our production line 4BB cells technology was prevailing. Last year we up-graded […] Read more
NTPC Invites Bids for 1200 MW Grid Connected Solar PV Projects Updated On Mon, Nov 12th, 2018 by Saurenergy The registration and downloading of RfS document will be available from November 13, 2018 to November 28, 2018. India’s largest energy conglomerate NTPC has floated bids for 1200 MW of Grid Connected Solar PV Projects with ISTS Connectivity through NTPC Generating Switchyards in Western Region under OPEN category. The company said in a notification that, […] Read more
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