FMO Acquires 40% Stake in Scatec Solar’s Kamianka Project in Ukraine Updated On Thu, Jun 6th, 2019 by Saurenergy Scatec Solar has signed an agreement with FMO, for it to take a 40% equity stake in Scatec Solar’s 32 MW Kamianka project in Ukraine. Scatec Solar has signed an agreement with FMO, the Dutch development bank, for FMO to take a 40% equity stake in Scatec Solar’s 32 MW Kamianka project in Ukraine. The […] Read more
Scatec Solar Begins Construction on 148 MW Solar Plant in Ukraine Updated On Wed, Jun 5th, 2019 by Saurenergy Scatec Solar has announced that it has begun construction work on the 148 MW Progressovka solar project in Ukraine. The project will be realised in collaboration with PowerChina Guizhou Engineering Co. Ltd. that will provide construction financing and Engineering Procurement and Construction (EPC) services to the project in Ukraine, while Scatec Solar will be the […] Read more
UP Discoms Submit Plans For Meeting Backlog and Future RPO Commitments Updated On Wed, Jun 5th, 2019 by Saurenergy The total shortfall in RPO fulfilment (up to November 2018-19) for non-solar power stood at 4295.52 MU and that for solar stood at 3993.69 MU. The Uttar Pradesh Electricity Regulatory Commission (UPERC) recently reviewed in a suo moto proceeding, the fulfilment of RPO targets by obligated state distribution companies (discoms), as per the commissions RPO […] Read more
Waaree Commissions 49.5 MW Solar Project in Vietnam Updated On Tue, Jun 4th, 2019 by Saurenergy Waaree Energies, one of India’s leading solar PV manufacturers, has announced the commissioning and inauguration of its 49.5 MW ground-mounted solar project in Vietnam. The project, in association with Song Giang Solar Power JSC, marks the company’s footprint in South East Asia. Developed in the Khanh Hoa province, the plant is expected to generate more […] Read more
Regulatory Challenges a Limiting Factor for RE in India Updated On Tue, Jun 4th, 2019 by Saurenergy The increasing share of renewables in the total energy mix of the country may lead to an increase in regulatory challenges for coal-based projects in the long term, global rating agency Moody’s Investors Service has revealed. The higher share of renewable energy in the total energy mix presents key regulatory challenges in terms of integrating new renewable […] Read more
US Ends Preferential Trade Treatment, Solar Exports From India to Bear 25% Safeguard Duty Updated On Mon, Jun 3rd, 2019 by Saurenergy The decision is set to put additional tariffs burden of over $300 million on the American businesses every year, including solar exports from India which are expected to incur a safeguard duty of 25 percent. In a major blow to India’s newly elected government, the Trump administration has terminated India’s designation as a beneficiary developing […] Read more
Vidarbha Farmers in Maharashtra to Get 3900 Solar Pumps Updated On Fri, May 31st, 2019 by Saurenergy MSEDCL has launched a drive to provide solar farm pumps to Vidarbha’s farmers under the Mukhyamantri Saur Krishi Pump Yojana (MSKY). According to Maharashtra State Electric Distribution Company Limited (MSEDCL) official, over 3,900 farmers will get the pumps soon. Around 50 of them have already been provided these pumps after the code restriction was lifted. […] Read more
NTPC Granted Electricity Trading License by CERC Updated On Fri, May 31st, 2019 by Saurenergy CERC has granted NTPC Ltd. with an Electricity Trading License to expedite solar and wind projects in the country. The Central Electricity Regulatory Commission (CERC) has approved the application filed by NTPC ltd. to grant the PSU with an electricity trading license in the country. The central commission has proposed granting the power utility with […] Read more
Canadian Solar Signs its Biggest Module Supply Agreement Updated On Thu, May 30th, 2019 by Saurenergy Canadian Solar has signed a 1800 MW module supply agreement with EDF Renewables North America. Canadian Solar, one of the world’s largest solar power companies, recently announced that it has signed a multi-year module supply agreement with EDF Renewables North America to deliver 1,800 MW of high-efficiency poly solar modules for projects in the US, […] Read more
