India’s Solar Power Tariffs Rising After Hitting Record Lows in 2020: IEEFA Updated On Thu, Jun 24th, 2021 by Saurenergy Solar tariffs are deflationary. Prices have fallen by 75% in seven years in India, and in 2020 solar tariffs hit record lows, writes Vibhuti Garg, Energy Economist and Lead India at Institute for Energy Economics and Financial Analysis (IEEFA). From 2019 to the first quarter of 2020, most of India’s newly-auctioned solar projects saw tariffs […] Read more
SJVN & NDMC Agree Terms For 150 MW Solar Power Sale Updated On Wed, Jun 16th, 2021 by Saurenergy Hydroelectric power generation company SJVN has announced an agreement with the New Delhi Municipal Council (NDMC) to sell 150 MW of solar power from SJVN projects that it plans to bid and develop under the Central Public Sector Undertaking (CPSU) Scheme. In accordance, NDMC will purchase this solar power at a rate of Rs. 2.44/kWh tariff […] Read more
Vaibhav Global Limited Launches Company-Owned Solar Power Plant Updated On Mon, Jun 14th, 2021 by Saurenergy A multi-national Indian electronic retailer, wholesaler, and fashion jewelry manufacturer, Vaibhav Global Limited (VGL) has announced that it is now a 100 percent solar-powered company by launching its owned and operated solar power plant. Two of the company’s primary manufacturing facilities will be powered by solar-generated electricity. In addition to this, the company will also […] Read more
Solar Powered Irrigation Would Accelerate India’s Energy Transition: IEEFA Updated On Mon, Jun 14th, 2021 by Saurenergy In a new report, the Institute for Energy Economics and Financial Analysis (IEEFA) says that solar pumps help to expand distributed solar generation while catering to agriculture’s vast power demand. And in India, Solar-powered irrigation can help achieve its Energy Transition as the country is already lagging far behind its near-term target of 40GW of […] Read more
HPCL Tenders For Solar Power Plants At Three Locations Updated On Mon, Jun 14th, 2021 by Saurenergy PSU oil maor and ONGC subsidiary Hindustan Petroleum Corporation Limited (HPCL) has issued a tender for the supply of solar PV power plants at three different locations of HPCL. The scope of work includes operation & maintenance of the solar PV plants immediately after successful commissioning at Vadodara Terminal, Bihta in Bihar, and Kanpur Terminal, […] Read more