Firms not doing well will not impact India’s solar programmes: Piyush Goyal Updated On Wed, Apr 20th, 2016 by Saurenergy Renewable Energy Minister Piyush Goyal at an event organized by industry body CII said that some firms not doing well will not impact the programme’s success reports PTI. When asked about the debt problems faced by SunEdison, Goyal said “there are always certain cases of firms failing all over the world in every industry. There […] Read more
Fortum bags 100 MW solar power park project in a reverse auction in Karnataka Updated On Wed, Apr 13th, 2016 by Saurenergy Finnish utility firm Fortum has announced that it won bid for 100 MW solar power park in the reverse auction. The reverse auction was conducted by NTPC on 12th April 2016 for the selection of 500 megawatt (MW) grid connected solar PV projects under Batch II Tranche I of JNNSM phase II. The solar power […] Read more
Solargise to invest Rs.900 crores to set up 500 MW module and cell manufacturing facility in Bengaluru Updated On Fri, Mar 25th, 2016 by Saurenergy Solargise India has signed MOU and EOI with government of Karnataka to invest over Rs. 3900 crores in the state and announced the commercial launch of operations has signed MOU and EOI with government of Karnataka to invest over Rs. 3900 crores in the state and announced the commercial launch of operations. The company said […] Read more
SunEdison finds difficult to get buyers for its projects in India Updated On Wed, Mar 23rd, 2016 by Saurenergy US-based renewable energy company SunEdison is finding it difficult to attract buyers for its projects in India. The company failed to sell its 1,480 megawatt (Mw) Indian portfolio to Macquarie Capital, which may affect the valuation of the projects that is estimated by the market at Rs 7,600 crore. According to Business Standard Adani Power […] Read more
Strategies Launched for Acquiring Solar Energy Earmarks – MNRE Updated On Fri, Dec 18th, 2015 by Saurenergy India is holding the biggest renewable capacity extension program on the planet. The Centre has taken up several strategies for acquiring Solar Energy earmarks; targets of 20,000 MW of solar power proposed to be introduced in the nation 2022. Off-Grid Housetop: Programed to install 40GW solar rooftop programs where Grid is now exist. 15% Government […] Read more
APTEL Permits Adani Green To Claim Carry Costs Based On Change In Law Interpretation Updated On Thu, Sep 22nd, 2022 by Saurenergy After facing rejections at the Central Electricity Regulatory Commission (CERC) and State Electricity Regulatory Commission’s (SERCs), Adani Green Energy had something to celebrate early this week when the Appellate Tribunal For Electricity (APTEL) permitted their plea for allowing carrying cost pass-through under the “Change in Law” definition of most PPAs. The Tribunal ordered CERC to […] Read more
APTEL Asks KERC to Decide Compensation owed to Fortum by DISCOMs Updated On Wed, May 26th, 2021 by Saurenergy The Appellate Tribunal for Electricity (APTEL) recently gave a judgement in favour of Fortum Solar India Private Limited after the solar power developer petitioned it, seeking compensation from various DISCOMs. The full judgement can be read here. The tribunal not only directed the Karnataka Electricity Regulatory Commission (KERC) to determine the incremental tariff payable to Fortum, […] Read more
Adyant Enersol, UPC Renewables Win SJVN’s 170 MW Wind Energy Project Updated On Thu, Jan 30th, 2025 by Saurenergy SJVN has announced Adyant Enersol (Datta Infra) and UPC Renewables as the winners of its 600 MW wind energy project. These winners are expected to develop inter-state transmission system (ISTS)–connected wind power projects on a build-own-operate basis. The tender for this project was released in March 2024, and the results were announced after 10 months. […] Read more
Maharashtra: BrightNight Commissions First Phase Of 115MW Hybrid RE Project Updated On Tue, Jan 14th, 2025 by Saurenergy US-based BrightNight, a global renewable power producer, recently commissioned the first phase of Optima Maharashtra, a 115 MW hybrid renewable power project in India. It’s also one of the first co-located wind-solar projects in Maharashtra. The project is located in Dharashiv, Southern Maharashtra, and spanning about 1400 acres, Optima Maharashtra integrates advanced wind and solar […] Read more