New Braunfels Utilities Signs One of the Lowest PPA in the USA Updated On Sat, Dec 15th, 2018 by Saurenergy A municipally owned utility in Texas, New Braunfels Utilities has signed a 15 year contract with Engie-affiliated Long Draw Solar for $25 per megawatt-hour. New Braunfels Utilities has signed one of the lowest power purchase agreement in the United States and the lost one in the state of Texas. A municipally owned utility in Texas, […] Read more
Maharishi University Installs Solar Plant to Power up Campus Updated On Sat, Dec 15th, 2018 by Saurenergy The project will brings quarter million dollars in savings to the university and has artificial intelligence and smart technology. Maharishi University in Iowa USA has installed a solar plant to power 40% of its electricity needs. “We’re launching, just now the most advanced solar array on earth. The very sophisticated powerplant. It’s going to supply […] Read more
Centre Scraps 12 GW Solar Capacity Addition to be Taken up by NTPC Updated On Thu, Dec 13th, 2018 by Saurenergy Earlier government had planned to add 15 GW of solar energy capacity in the country which was to be developed by NTPC to be delivered to states bundled with thermal energy. The central government has quashed a plan to install 12 GW of solar capacity out of the 15 GW capacity that National Thermal Power […] Read more
Greenbacker Renewable Energy Buys 10.8 MW portfolio From Sol Systems Updated On Thu, Dec 13th, 2018 by Saurenergy The two projects, Project Blue Star and Project Phoenix, which are collectively known as the the Phoenix Solar Portfolio, are located in Kent County and Prince Georges County, Maryland. Greenbacker Renewable Energy has announced today that it has purchased the rights to a 10.8 MW portfolio of two solar projects from Sol Systems. The two […] Read more
Solar Energy Production in the year 2018-19 was 21.365 Billion Units Updated On Wed, Dec 12th, 2018 by Saurenergy Central Electricity Authority (CEA) has reported that the total solar energy production in the year 2018-19 was 21.365 Billion Units (BUs), as on 31.10.2018. The year-wise details of solar energy production since, 2015 are given as under: – S. No Year Generation from Solar Projects (BUs) 1. 2015-16 7.448 2. 2016-17 13.499 3. 2017-18 25.871 […] Read more
India to Add 10000 MW Renewable Energy Capacity in 2020: Icra Updated On Wed, Dec 12th, 2018 by Saurenergy The current trend prediction comes on the back of the fact that the share of renewable energy has been steadily rising in India’s energy mix. Renewable energy capacity addition can be expected to be around 10000 MW in financial year 2019-2020, rating agency Icra has said while maintaining a stable outlook for the renewable energy […] Read more
MSEDCL Floats Tender to buy 1000 MW Grid-Connected Solar Power Updated On Mon, Dec 10th, 2018 by Saurenergy Setting a ceiling tariff of Rs 2.80 per kilowatt per hour, the distribution company will sign a power purchase agreement for a period of 25 years with the successful bidder. The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has floated a tender for purchasing electricity from 1,000 MW grid-connected solar photovoltaic power projects on a […] Read more
MAHAGENCO Floats Two Solar Tenders for Grid-Connected Solar Projects Updated On Mon, Dec 10th, 2018 by Saurenergy To be developed under the public private partnership, the solar projects will provide power to the agricultural needs of the various sub-stations in the region. The Maharashtra State Power Generation Company (MAHAGENCO) has recently drawn two tenders for grid-connected solar projects of 50 MW each totaling a 100 MW to be developed in the western […] Read more
MNRE asks State Utilities to Issue Wind, Solar Tender Updated On Mon, Dec 10th, 2018 by Saurenergy With most states falling behind their renewable purchase obligation (RPO) targets, MNRE has given out these instructions to state power utilities. Ministry of New and Renewable Energy (MNRE) has instructed state power utilities to issue tenders for solar and wind energy instead of depending on central agencies for meeting their renewable targets. With most states […] Read more