ReneSola Gets EUR 36 Mn Addl Funding for 55 MW Poland Projects Updated On Mon, Jun 18th, 2018 by Saurenergy All these 55 MW projects are under Poland’s Contract for Difference (CFD) regime and eligible for a 15-year guaranteed tariff. Chinese solar company ReneSola said that Sequoia Economic Infrastructure Income Fund (Sequoia) had agreed to extend senior debt facility to EUR 36 million for ReneSola’s 55 MW Poland projects, with 1MW capacity each. In December 2017, Sequoia […] Read more
BMTC Plans to Create New Revenue Model, Generate Solar Power Updated On Fri, Jun 15th, 2018 by Saurenergy We have had talks with a few solar project developers. The corporation has also written to Bescom and Karnataka Electricity Regulatory Commission (KERC). In order to create a new revenue model and continuing with its core business of running public transport, Bengaluru Metropolitan Transport Corporation (BMTC) is contemplating to generate solar power. In the city of […] Read more
Uttarakhand HC Rules Against Solar Power Panels on Fields Updated On Thu, Jun 14th, 2018 by Saurenergy Under the Grid Interacted Rooftop and Small SPV (solar photovoltaic) Power Plant scheme, the Uttarakhand government is promoting the use of small-scale rooftop solar power plants in the state. The National Solar Mission of the Ministry of New and Renewable Energy provides a subsidy of 30% to the applicants. In an order, the Uttarakhand high […] Read more
AP Tenders 15 MW of Rooftop Solar Projects Updated On Wed, Jun 13th, 2018 by Saurenergy The upper tariff cap for this tender has been fixed by NREDCAP at Rs 5 per KW, and the project size will vary from 50 KW to 500 KW. Any bidder can bid for a minimum of 1 MW and the maximum he can bid up to 5 MW. To be developed under the RESCO, […] Read more
Tata Power Renewable Energy Inks PPA with GE for Solar Rooftop Solns Updated On Wed, Jun 13th, 2018 by Saurenergy The solar rooftop projects installation will help to generate over 1 million kWh of electricity per year, and will lead to an average tariff reduction of around 30 percent. Tata Power’s wholly-owned arm Tata Power Renewable Energy has signed a power purchase agreement (PPA) with GE to provide solar rooftop solutions for 6 manufacturing and services sites in […] Read more
Andhra Government to Solarise Agricultural Connections Updated On Tue, Jun 12th, 2018 by Saurenergy The numbers of agriculture connections across the state are 17.20 lakh and the state government has agreed recently to allot Rs 6,030.17 crore this year as a subsidy for them. In the state of Andhra Pradesh, the state government is planning to solorise agriculture connections coming up in the state by using a new scheme […] Read more
Duty Concerns, ISTS Issues May Delay Solar Auctions Updated On Mon, Jun 11th, 2018 by Saurenergy NTPC deferred auction of 2,000 MW of solar capacity to the first week of June. However, the state-run power giant did not auction even in the first week of this month. Amid ambiguity about the imposition of 70 percent safeguard duty on solar equipment, there is an apprehension that solar auctions would be dragged further. […] Read more
Tata Power Renewable Gets 150 MW Solar Proj in MSEDCL’s 1,000 MW Bid Updated On Mon, Jun 11th, 2018 by Saurenergy The company has received the Letter of Award (LoA) to develop the project and will sign a 25 year Power Purchase Agreement (PPA) with the MSEDCL. Tata Power’s renewable arm Tata Power Renewable Energy Ltd (TPREL) has bagged the 150 MW solar PV project in the bidding process of Maharashtra State Electricity Distribution Co Ltd’s […] Read more
Maharashtra Plans Swiss Challenge Method for Floating Solar Power Bids Updated On Mon, Jun 11th, 2018 by Saurenergy The Swiss challenge system says anyone with the suitable credentials can submit a development proposal to the government for the projects. Thereafter the proposal will be put online and the other interesting parties can suggest the changes in the proposal. Also, they can oppose it. To finalize a bidder to set up the floating solar […] Read more
