UP Govt Cancels 1 GW Solar PV Projects Auction on Higher Tariffs Updated On Sat, Jul 28th, 2018 by Saurenergy The auction conducted by Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) saw a high tariff rate bidding by the participants and it will go for re-bidding. Weighed down by higher solar tariffs up to Rs 3.48 per unit, the Uttar Pradesh Government has decided to cancel the auction for 1 GW of […] Read more
One Rupee Increase in Tariffs in Latest Solar Auction Updated On Thu, Jul 12th, 2018 by Saurenergy The latest solar auction for 1000 MW held by the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) saw the winning tariffs at Rs 3.48-3.55 per unit. From the record low of Rs 2.44 per unit, the solar power tariffs have risen by more than one rupee in the latest auction. Those from the industry say […] Read more
Azure Power Secures 160 MW Solar Project in UP Auction with Highest Tariff Updated On Thu, Jul 12th, 2018 by Saurenergy The project is expected to be commissioned in 2019 and developed outside a solar park. Independent solar power producer, Azure Power has won the 160 MW solar power project in Uttar Pradesh at the highest tariff in a recent auction conducted by the Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA). Further, the company will sign […] Read more
Solar Tariffs Hit All-time Low at Rs 2.44 a Unit Updated On Tue, Jul 3rd, 2018 by Saurenergy Asme won 600 MW with this bid. The company is one of the biggest domestic solar developers with around 875 MW of commissioned solar projects. In the latest 2000 MW auction conducted by Solar Corporation of India (SECI), solar power tariffs have again touched all-time low at Rs 2.44 per unit. This is lowest the […] Read more
China Solar Policy May Further Cut Power Bidding Tariff Updated On Mon, Jun 25th, 2018 by Saurenergy The tariffs, which will be discovered in the next rounds of inter-state transmission system bidding, could hit a new low. It may even breach the Rs 2.44 a unit pricing that was discovered during the Bhadla phase-IV bidding. As Chinese government has decided to deploy caps and reduce feed-in-tariffs for solar projects, it is highly […] Read more
Investors Fear Depreciation in Rupee May Affect Solar Tariffs: Study Updated On Thu, May 17th, 2018 by Saurenergy “If the rupee depreciates to Rs 67 from Rs 65 between the time of tariff bidding and finalisation of terms of payment for module supply (which can easily extend to 6-8 months), the solar power developer will suffer an overall four paisa per unit reduction in margin, which is significant considering the modest margins for […] Read more
Tariffs Drop at NTPC’s Solar Auction Updated On Thu, May 10th, 2018 by Saurenergy All the winners include Sprng Energy, Ayana Renewable Power, and SB Energy Solar. The winners at the auction got 250 MW each. In a 750 MW auction conducted by NTPC for projects at Ananthapuram Solar Park in Andhra Pradesh the tariffs fell to Rs 2.72-2.73 per unit. All the winners include Sprng Energy, Ayana Renewable Power, […] Read more
NTPC’s Ananthapuram Solar Park Auction tariffs floated at Rs 2.8 per unit Updated On Thu, May 10th, 2018 by Saurenergy Earlier, in the last weeks of March, the bids in the auction of 500 MW were in range of Rs 2.98-3.06 per unit. However, dismayed with the tariff rates, the government of Gujarat cancelled the auction and may re-issue new tenders soon. In a latest auction for 750 MW at Ananthapuram Solar Park in Andhra […] Read more
Six in Ten US Voters Oppose Tariffs on Solar Panels: Survey Updated On Fri, Apr 27th, 2018 by Saurenergy The tariffs came in effect on 22 January on the request from two solar panel producers with operations in United States. The concern was that solar panels are being imported from other countries in such a high volumes that the companies are not able to compete. The imports mostly came from Asia. The new tariffs […] Read more
