Year End Review 2018 – MNRE Updated On Mon, Dec 10th, 2018 by Saurenergy India attains global 4th and 5th positions in wind and solar power installed capacities; India now at 5th global position for overall installed renewable energy capacity A total of 101.83 billion units of power were generated in the country during the year 2017-18 from renewable energy The Government has declared the trajectory of bidding 60 […] Read more
SB Energy, Adani Green Win 840 MW at SECI’s Hybrid Auction Updated On Thu, Dec 6th, 2018 by Saurenergy SB Energy has won the project at Rs 2.67 per unit of electricity generated while Adani Green Energy won at Rs 2.69 per unit at the auction. In the Solar Energy Corporation of India’s (SECI’s) first wind-solar hybrid auction of 1,200 MW capacity, SoftBank-backed SB Energy and Adani Green Energy won 450 MW and 390 MW respectively. Further, […] Read more
NTPC Wins 85 MW in UPNEDA’s 550 MW Solar Tender Updated On Wed, Dec 5th, 2018 by Saurenergy The company has won the tender for grid-connected solar projects in the reverse auction held on December 3, 2018 for 25 years. NTPC, India’s largest energy conglomerate, has won 85 MW of solar capacities under Uttar Pradesh New and Renewable Energy Development Agency’s (UPNEDA’s) 550 MW solar tender. The company has won the tender for […] Read more
AfDB Group Okays $18.17 Mn for Kopere Solar Project in Kenya Updated On Mon, Dec 3rd, 2018 by Saurenergy Moreover, the bank is also in the process of securing a USD 11.6 million concessional loan from the Climate Investment Fund’s Scaling-up Renewable Energy Program (SREP). The African Development Bank (AfDB) Group has approved a USD 18.17 million senior loan to 40 MWac (50MWp) Kopere Solar Power Project in Kenya. The Kopere project, which falls under Kenya’s Renewable Energy Feed-in-Tariff (FiT) […] Read more
UPERC Accepts NPCL’s Response over Renewable Purchase Obligations Updated On Thu, Nov 29th, 2018 by Saurenergy UPERC had initiated suo moto proceedings against NPCL and Uttar Pradesh Power Corporation Ltd (UPPCL) for failing to submit the required information. The Uttar Pradesh Electricity Regulatory Commission (UPERC) has accepted Noida Power Company Limited’s (NPCL) submission regarding meeting the past renewable purchase obligations (RPO) targets. UPERC had initiated suo moto proceedings against NPCL and […] Read more
Rise of Renewable Energy to Put Competitive Pressure on Coal Plants: Fitch Updated On Thu, Nov 29th, 2018 by Saurenergy The report further said that the share of renewable energy sector will be further boosted by falling technology cost and increasing availability of cheaper finance. Despite the dominance of coal as a major source of electricity, a steady shift towards renewable energy is slated create competitive pressure on some thermal power plants, especially in developing […] Read more
TANGEDCO Issues Tender for 500 MW Grid-Connected Solar Project Updated On Wed, Nov 28th, 2018 by Saurenergy The project will be awarded based on a reverse auction to be held on a specified date, the upper ceiling for the bidding is set at Rs 3.00 per unit. Moving towards solar energy, Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) has invited bids from solar power generators for the procurement of 500 MW […] Read more
NTPC signs Agreement with EV Aggregators for Developing Charging Infra Updated On Wed, Nov 28th, 2018 by Saurenergy The agreement signed between Ola, Lithium, Shuttl, Bikxie, Bounce, Electrie and Zoom Car and NTPC will lead to development of charging infrastructure. To increase the availability of public EV charging infrastructure, National Thermal Power Corporation (NTPC) has signed an agreement with Vehicle Aggregators for development and utilization of the facility. The agreement signed between Ola, […] Read more
Solar Exports Jump 223% in Third Quarter of 2018 Updated On Mon, Nov 26th, 2018 by Saurenergy Indian exports increased massively from the previous quarter growing 223% from Rs 1.24 billion in Q2 to Rs 4.01 billion in Q3. Indian solar market saw a significant rise in solar imports in the third quarter of calendar year 2018, data from Commerce Department has shown. In Q3 CY 2018, solar modules and cells worth […] Read more
