VGF Program Guidelines Amended for Solar Projects Updated On Thu, Jun 21st, 2018 by Saurenergy Ministry of New and Renewable Energy (MNRE) has made amendments in guidelines for the implementation of the viability gap funding for solar photovoltaic projects. Under the National Solar Mission (NSM) Phase-II, Ministry of New and Renewable Energy (MNRE) has made amendments in guidelines for the implementation of the viability gap funding for solar photovoltaic projects. In the […] Read more
MNRE Extends Commissioning Date of GST Affected Solar Projects Updated On Thu, Jun 21st, 2018 by Saurenergy The extension to the project developers was provided by the Solar Energy Corporation of India (SECI), National Thermal Power Corporation (NTPC), and other implementing agencies. After the frictions faced by multiple developers due to the imposition of Goods and Services Tax (GST) and other related issues, the Ministry of New and Renewable Energy has issued […] Read more
India Extends $20 Mn Concessional Financing for Solar Project in Suriname Updated On Thu, Jun 21st, 2018 by Saurenergy In addition, India will extend a line of credit of USD 27.5 million to support a power transmission project in Pikin Saron area, says President Kovind. In a move to provide clean energy to a cluster of 49 villages, President of India Ram Nath Kovind said that India will extend concessional financing of USD 20 million […] Read more
Renesola Sells North Carolina Solar Project to Greenbacker Updated On Wed, Jun 20th, 2018 by Saurenergy As per the deal, this project will sell all power generated to the local utility under a 15-year purchase agreement. Chinese solar company ReneSola has sold its utility-scale North Carolina project to New York-based Greenbacker Renewable Energy Company. This North Carolina solar project has a capacity of 6.75 MW and represents the Chinese company’s second project sale to Greenbacker, following […] Read more
Seraphim Wins Ukraine’s Largest 246 MW Solar Project Updated On Fri, Jun 15th, 2018 by Saurenergy This large-scale PV plant is to be constructed in Dnepropetrovsk in central Ukraine. Also, 246 MW of the company’s high-efficiency 330 W poly modules will be delivered to the project site before the end of August. Jiangsu Seraphim Solar System Co (Seraphim) has won the supply agreement for a monumental 246 MW Ukraine solar project, developed by Ukraine’s largest energy group, DTEK. […] Read more
GCL New Energy Inks PPA for 110 MW Solar Project in Colorado Updated On Fri, Jun 15th, 2018 by Saurenergy Further, this project is located on 611 acre site 35 miles east of Denver, Colorado where the land is flat and has good irradiance. Clean energy conglomerate GCL Group arm GCL New Energy has inked a long-term power purchase agreement (PPA) with Intermountain Rural Electric Association (IREA) for its Pioneer 110 MW greenfield project in Colorado. Further, this […] Read more
AP Tenders 15 MW of Rooftop Solar Projects Updated On Wed, Jun 13th, 2018 by Saurenergy The upper tariff cap for this tender has been fixed by NREDCAP at Rs 5 per KW, and the project size will vary from 50 KW to 500 KW. Any bidder can bid for a minimum of 1 MW and the maximum he can bid up to 5 MW. To be developed under the RESCO, […] Read more
NTPC Issues 36 MW Tenders for Solar Projects in Telangana, Gujarat Updated On Tue, Jun 12th, 2018 by Saurenergy The scope of work includes the design, EPC, testing and commissioning of the solar PV projects and they will be developed on turnkey basis. The funds for these projects will come from the treasury of NTPC. To develop the grid-connected solar photovoltaic (PV) projects to be developed in the states of Telangana and Gujarat, the […] Read more
SoftBank CEO Masayoshi Son may Meet PM Modi for $60 Bn Solar Project Updated On Fri, Jun 8th, 2018 by Saurenergy Being the hub of investment as far as solar industry is concerned, countries like China and now Japan’s tech giant SoftBank are eyeing to grab a major pie in the clean energy segment in India. In the coming years, India is expected to go through the biggest revolution in solar energy. The country which has […] Read more