No Payment for Solar Power Producers if No Land Title in Karnataka Updated On Wed, May 30th, 2018 by Saurenergy The National Solar Energy Federation of India wrote to Ministry of New and Renewable Energy that the developers are not being paid because they haven’t received clear titles to the land they acquired for the projects. Against the delaying of clearance of land acquisition, the solar energy developers have protested against the Karnataka government to […] Read more
SECI Issues 5 GW Tender for Solar PV Power Plants Linked with PPAs Updated On Mon, May 28th, 2018 by Saurenergy All the development of manufacturing units and the linked solar PV projects will be on the bases of build own operate (BOO) basis. Furthermore, SECI will enter into Power Purchase Agreement (PPA) with the successful Bidders selected based on this request for selection (RfS) for purchase of Solar Power for a period of 25 years […] Read more
Divergent Rulings Put Solar Companies in Dilemma Updated On Mon, May 28th, 2018 by Saurenergy To seek clarity on the matter the industry has knocked the doors of government. On the one hand, Maharashtra AAR in his two rulings have favored a GST rate of 18% which threats installations as a whole works contract. The solar industry has been thrown into confusion after divergent decisions form two separate Authority for […] Read more
MNRE Modifies Guidelines for Selection of Solar Park Developers Updated On Fri, May 25th, 2018 by Saurenergy The new amendments by the MNRE have also dropped the requirements under which the state government was obliged to buy 20% of the power from the distribution companies (DISCOMs). Thus it would no longer be required to get a commitment from the state government to buy at least 20% of the total power produced in […] Read more
Viz-A-Viz with Sujoy Ghosh, Country Head, First Solar, India Updated On Fri, May 25th, 2018 by Saurenergy Q. Higher Energy Yield. Lower LCOE. Superior Return – This is your mantra for Series 6 Modules. Can you please justify the above statement in detail? The First Solar Series 6 module leverages the same proven semi-conductor (CdTe) and the manufacturing process, with a larger form factor. The module size is 1.2X 2 Mtrs with […] Read more
Maharashtra to Obtain 1,000 MW Solar Energy From Six Producers Updated On Tue, May 22nd, 2018 by Saurenergy The power will be supplied to agriculture pumps during the day. It will also help the MSEDCL attain the Renewable Purchase Obligation mandated by the Maharashtra Electricity Regulatory Commission (MERC) under the Electricity Act-2003 to purchase a minimum level of renewable energy out of its total consumption. To fulfill its energy requirements, the state of […] Read more
Developers Seek Extension to Install Solar Plants on Government Buildings Updated On Tue, May 22nd, 2018 by Saurenergy The Distributed Solar Power Association (DISPA) wrote two letters to MNRC on April 24 and May 11 in which they highlighted their concerns regarding the completion of the rooftop projects. Citing indifferent attitude of concerned ministers to their efforts, solar rooftop developers have asked for time extension to complete the work of installing solar panels […] Read more
NTPC Defers 2,000 MW Solar Projects Auction Updated On Sat, May 19th, 2018 by Saurenergy The decision came on the backdrop of letter written to Ministry of New and Renewable Energy (MNRE) by the Solar Power Developers Association. The association had sought extension of solar auctions till the issue related to grant of connectivity through inter-state transmission system is not resolved. As developers have raised their concerns and have sought […] Read more
Investors Fear Depreciation in Rupee May Affect Solar Tariffs: Study Updated On Thu, May 17th, 2018 by Saurenergy “If the rupee depreciates to Rs 67 from Rs 65 between the time of tariff bidding and finalisation of terms of payment for module supply (which can easily extend to 6-8 months), the solar power developer will suffer an overall four paisa per unit reduction in margin, which is significant considering the modest margins for […] Read more