JinkoSolar Supplies 100 MW Modules For Vietnamese Solar Projects Updated On Fri, Apr 26th, 2019 by Saurenergy JinkoSolar, one of the leading solar module manufacturers based out of China, has announced that it has supplied 100MW of high efficient solar modules for the Srepok 1 and Quang Minh Solar Power Plant Complex, one of Vietnam’s largest solar power projects. The project is located in Buon Don district in the Central Highlands province […] Read more
ADB Approves $100 Mn Facility For Renewable Power Projects in Pacific Updated On Fri, Apr 26th, 2019 by Saurenergy The Asian Development Bank (ADB) has approved an umbrella facility of up to $100 million which will provide financing support including loans, guarantees, and letters of credit to overcome constraints to private sector investment in renewable power projects in Pacific island countries. The ‘Pacific Renewable Energy Program’ will support an estimated 5 separate renewable energy projects in […] Read more
Canadian Solar to Sell 80% Stake of its 482 MW Portfolio in Brazil Updated On Thu, Apr 25th, 2019 by Saurenergy The projects for which the company has sold 80% stakes are presently in advanced stages of development with construction expected to begin in 2019. China-based Canadian Solar Inc., one of the world’s largest solar power companies, has announced the signing of an agreement for the sale of its 80% interest in a 482.6 MW portfolio […] Read more
MERC Partially Approves MSEDCL’s Petition to Reduce Solar Tariff Updated On Thu, Apr 25th, 2019 by Saurenergy The Maharashtra Electricity Regulatory Commission recently heard a petition filed by the Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) relating to the adoption of tariff for long term procurement of solar power. In its petition, MSEDCL was seeking review of the Commission’s previous order relating to the adoption of tariff discovered for long term procurement […] Read more
Azure Power to Get Compensation For Increase in Costs Due to Safeguard Duty Updated On Thu, Apr 25th, 2019 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) recently heard two petitions made by Azure Power in two cases in which it had requested the commission to consider the levy of safeguard duty as Change in Law and had asked it for approval and determination of compensation for the increase in project cost following the imposition. In […] Read more
NBCIL Invites Developers For Setting Up Solar Projects Under CPSU-II Scheme Updated On Thu, Apr 25th, 2019 by Saurenergy The Corporation has identified factory lands spanning over 10.46 acres in Ghaziabad for the development of solar power plants. The National Bicycle Corporation of India (NBCIL), a Government of India Undertaking, with reference to SECI’s 2000 MW grid-connected solar PV projects under CPSU Scheme, Phase-II, Tranche-I has invited government producers interested in participating in the […] Read more
Tata Power Shifts Complete Focus to Renewable Energy, to Cease Building New Coal Plants: Report Updated On Wed, Apr 24th, 2019 by Saurenergy Utility ceases new coal-fired power development, creates a future based on renewables. One of the country’s largest private integrated power company, Tata Power has recently made it publicly clear that it will cease building new coal-fired capacity, according to a report released by the Institute for Energy Economics and Financial Analysis (IEEFA). The report, Tata Power: […] Read more
Rating Agency ICRA Predicts 7-7.5 GW Solar Capacity Additions this Financial Year Updated On Wed, Apr 24th, 2019 by Saurenergy Rating agency ICRA said on April 23 that it has estimated 7-7.5 GW solar power capacity addition during the current financial year, which includes 1 GW of rooftop solar. “The domestic solar power capacity addition is expected at around 7 GW to 7.5 GW (including around 1 GW of rooftop solar capacity) in FY 2020 as […] Read more
CleanMax Solar Secures Rs 275 Cr Investment From UK Climate Investment Updated On Wed, Apr 24th, 2019 by Saurenergy Mumbai-based solar power developer CleanMax Solar has raised Rs 275 crore in equity funding from UK Climate Investments (UKCI). UKCI will underpin the development of a nationwide network of solar farms following the agreement to invest £30 million in one of India’s leading providers of renewable energy for commercial and industrial clients, CleanMax Solar. Founded […] Read more
