ISA Plans to Invite 50 Solar Proj Dev, Bankers at Action-to-Transaction Meet Updated On Mon, Mar 5th, 2018 by Saurenergy The move has come to provide golden opportunity for project developers, solar equipment manufacturers for interaction with banks to secure funds they are looking for the bankable solar energy and related projects for financing and implementation in India and ISA Member countries. The International Solar Alliance (ISA) and the Ministry of New and Renewable Energy (MNRE) […] Read more
Swytch Announces Strategic Partnership with HST Solar to Speed up Solar Installations Updated On Mon, Mar 5th, 2018 by Saurenergy Under the terms of the agreement, HST will provide Swytch with proprietary data and analytics for forecasting production capacity and efficiency for solar installations. Swytch, a blockchain-based solution for accelerating a sustainable and equitable energy future has announced a joint development agreement with HST Solar, the leading end-to-end solar platform. Under the terms of the […] Read more
SECI Invites Bids for 3000 MW ISTS-Connected Solar PV Projs in India Updated On Wed, Feb 28th, 2018 by Saurenergy SECI shall enter into the Power Purchase Agreement (PPA) with the successful bidders selected for the purchase of solar power for a period of 25 years. The Solar Energy Corporation of India (SECI), a government of India enterprise, has invited bids for setting up of grid-connected solar PV projects to be installed anywhere in India […] Read more
Solar Home Lighting System Powers Rural India Updated On Wed, Feb 21st, 2018 by Saurenergy With no energy costs and often simple installation, more and more people particularly in rural areas are putting their faith into the solar revolution and switching to harness energy from the sun by using solar home lighting systems. Recent advancements in the technology helped millions of households to use solar home lighting devices. The Solar […] Read more
Govt Extends Transmission Charge Waiver Period for Solar Projects Till March 2022 Updated On Mon, Feb 19th, 2018 by Saurenergy The waiver will be available to these projects for 25 years from the date of commissioning provided the developers sign power purchase agreements with entities, including discoms, for sale of power for compliance of their renewable purchase obligation. The government has extended the window to avail waiver of inter-state power transmission charges and […] Read more
After a Lull 2017, India’s Solar Power Sector is Rising Again Updated On Fri, Feb 9th, 2018 by Saurenergy With rising solar panel costs and other issues, the sector had witnessed a sharp decline in late months of 2017. The Indian solar power sector started on a good note in 2018. The good thing is that solar industry now has over 4,000 megawatts (MW) of projects that it is going to bid for and […] Read more
INTIMATION TO SUCCESSFUL BIDDERS/ DEVELOPERS : 1000MW GRID CONNECTED ROOFTOP SOLAR PV SYSTEM SCHEME (500MW CAPACITY PHASE-I) Updated On Mon, Jan 29th, 2018 by Saurenergy Intimation to Successful Bidders/ Developers : Implementation of 1000 MW Grid Connected Roof Top Solar PV System Scheme for Government Buildings in different States / Union Territory of India under CAPEX / RESCO Model (500MW Capacity PHASE – I) This has reference to the RfS documents (RfS No. SECI/C&P/MNRE/1000MW RT/IND/122016 dated 09.12.2016) for Implementation of […] Read more
Mumbai’s Housing Society Goes Solar Cuts Electricity Bill By 83% Updated On Mon, Jan 29th, 2018 by Saurenergy The solar grid cost Kurla residents Rs14 lakh, but they expect to recover the expenses over the next four-and-half years, said members of Green Power Projects Pvt Ltd that installed the project. Mumbai’s housing society in Kural has switched to solar power to cut their electricity bill by 83 percent. The housing society including Twin […] Read more
Budget 2018: Solar Industry Demands Clarity, Relief in Safeguard Duty Updated On Mon, Jan 29th, 2018 by Saurenergy According to industry experts, the imposition will not only increase the tariff by almost Re 1 but it will put the projects under execution in deep trouble resulting in making them unviable, turning them into non-performing assets. With the proposed imposition of 70 percent safeguard duty on import of solar power equipment and concerned about […] Read more