NTPC to Enlist Vendors for Bulk Procurement of Solar Modules Updated On Fri, Jun 26th, 2020 by Saurenergy NTPC Ltd has invited suppliers and manufacturers globally to get themselves enlisted for all the future procurements of solar PV modules on a bulk basis. NTPC Ltd has informed that it intends to procure solar modules directly from the global market in the near future and has thus invited prospective suppliers and manufacturers globally to […] Read more
REIL Tenders for Residential Rooftop Solar Systems Across Bihar Updated On Fri, Jun 26th, 2020 by Saurenergy REIL has issued a tender for the rate contract for commissioning and maintenance of residential rooftop solar systems across various locations in Bihar. Rajasthan Electronics & Instruments Limited (REIL) has issued a tender for the rate contract for commissioning and maintenance of residential rooftop solar PV power systems across various locations in Bihar. The scope […] Read more
Policy Focus on Domestic Manufacturing Positive for Indian Solar OEMs: ICRA Updated On Thu, Jun 25th, 2020 by Saurenergy With an aim to support domestic module manufacturers, government’s focus recently increased on the initiatives like ‘Atmanirbhar Bharat Abhiyan’ and ‘Make in India’. Now, in line with this, the government has formulated various schemes in past one year including the Central Public Sector Undertaking (CPSU) Scheme which envisages installation of 12 GW solar power capacities […] Read more
Avaada Energy Gets LoA from MSEDCL to Develop 350 MW Solar Plant in M’rashtra Updated On Thu, Jun 25th, 2020 by Saurenergy Vineet Mittal-led Avaada Energy, a leading solar energy developer, has secured the Letter of Award (LoA) from Maharashtra State Electricity Distribution Co Ltd (MSEDCL) to develop 350 MW solar photovoltaic (PV) project in the state. Mumbai-headquartered Avaada Energy said in a statement that “it has been accorded a Letter of Award (LoA) to develop a […] Read more
With Phased Duties on Solar Imports, Government Hopes for Orderly Transition Updated On Thu, Jun 25th, 2020 by Saurenergy At his press conference today, Power Minister R.K. Singh confirmed that duties, possibly starting at 25 percent, will be imposed on module imports from August 1. He wasn’t absolutely certain on duties for cell imports, but indicated they would be treated at a lower rate, possibly 15 percent. It is also not clear if customs […] Read more
Galehead Originates 100 MW Solar Project for Clearway Energy Updated On Thu, Jun 25th, 2020 by Saurenergy Galehead has announced that it has completed its scope on the joint development of a 100 MW utility-scale solar project with Clearway Energy Galehead Development, an independent Boston-based energy development platform, has announced it has completed its scope on the joint development of a 100 MW utility-scale solar project with Clearway Energy, one of the […] Read more
US Solar Systems Prices Falling Faster Than Expected: WoodMac Updated On Thu, Jun 25th, 2020 by Saurenergy Solar PV systems prices in the US are falling faster than expected across all market segments, primarily driven by module price reduction. Solar PV systems prices in the United States (US) are falling faster than expected across all market segments, primarily driven by module price reduction, according to new research from Wood Mackenzie. Residential system […] Read more
NTPC Secures another PMC Contract to Develop 500 MW Solar Park in Mali Updated On Wed, Jun 24th, 2020 by Saurenergy Adding more heft to its renewable ambitions to transition from a coal burning major, the country’s largest power generation utility NTPC has secured another Project Management Consultancy (PMC) contract for the development of 500 MW solar park in the Republic of Mali under the ISA initiative. This is the second project where a central PSU […] Read more
CIT Arranges $85 Mn Financing for 80 MW Solar Project in Colorado Updated On Wed, Jun 24th, 2020 by Saurenergy Financial holding company CIT Group through its Power and Energy unit has arranged USD 85 million financings for an 80 MW Pioneer Solar project located in Colorado. CIT further served as sole lead arranger for financing on behalf of project sponsor Idemitsu Renewables, a leading solar project developer that has successfully built and sold hundreds of […] Read more
