Solar Energy Corporation to Issue Tenders of 4000 MW in Nov-Feb Period Updated On Mon, Nov 19th, 2018 by Saurenergy The proposal however, will not guarantee India meeting its solar energy target under the national solar mission In order to fast-track the energy output from solar energy, government has instructed the Solar Energy Corporation of India (SECI) to issues tenders for 4000 MW of solar energy by the month of February 2019. The proposal however, […] 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
GoI, ADB Lend $300 Mn via IIFCL to Fund Projects Including Renewables Updated On Sat, Nov 17th, 2018 by Saurenergy ADB funding is expected to fund at least 13 sub-projects through IIFCL, involving roads and renewable power generation, under the last tranche, says Kenichi Yokoyama. The Government of India (GoI) and Asian Development Bank (ADB) signed a USD 300 million loan agreement to support lending by India Infrastructure Finance Company (IIFCL). The Ministry of Finance […] Read more
ONGC Issues Tender for a 5 MW Solar Project in Andhra Pradesh Updated On Fri, Nov 16th, 2018 by Saurenergy ONGC tender document will be on sale from 10th November till 5th December. The bidding will take place on 5th December. Country’s leading stat-run oil giant, Oil and Natural Gas Corporation Limited (ONGC) has floated a tender for a 5 MW grid connected solar project which will be built at its Tatipaka site in Andhra […] Read more
Acme Solar takes NTPC to Court Over Tariff dispute Updated On Fri, Nov 16th, 2018 by Saurenergy In a solar auction held by NTPC in August, Acme Solar had won a 600MW project in a total of 2000MW. In the latest fallout from the government imposed safeguard duty on solar panels and modules, Acme Solar has dragged the National Thermal Power Corporation (NTPC) to court over a dispute in tariff. In a […] Read more
Azure Q2 Loss Narrows to Rs 29.8 Cr on Revenue from New Projects Updated On Thu, Nov 15th, 2018 by Saurenergy Further, the consolidated operating revenues of the company increased by Rs 40.2 crore, or 22 per cent to Rs 2,22.6 crore during Q2 2018-19, against the same period last year. Leading independent solar power producer Azure Power Global reported its consolidated net loss narrowed significantly to Rs 29.8 crore during the July-September quarter of FY19, driven […] Read more
India’s Solar Capacity Addition to Fall by 55% in FY19 Updated On Wed, Nov 14th, 2018 by Saurenergy However, the rooftop solar market continues to register a robust performance growing at a pace of 70% annually. Renewable energy consultancy firm Bridge to India has painted a grim picture of the solar industry in the country and has claimed that the solar capacity addition in the current FY will be 55% less than it […] Read more
Ameresco Finishes Three Solar Facilities in Ashland Updated On Tue, Nov 13th, 2018 by Saurenergy The Town partnered with Ameresco to develop the solar PV projects under a 20-year Power Purchase Agreement (PPA) Ameresco Inc., a leading energy efficiency and renewable energy company and the Town of Ashland held a ribbon-cutting at the Town’s capped landfill to celebrate the completion of the three solar facilities. The Town partnered with Ameresco […] 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
