Government to Auction up to 17 GW Solar by March 2018 Updated On Fri, Nov 24th, 2017 by Saurenergy The government is looking at 17 GW capacities by March 2018. So far, 3.6 GW solar capacities have been auctioned. With persistent success of reverse auction of renewables, the Ministry of New and Renewable Energy has announced auction of up to 17 GW solar capacities by March 2018. The government is looking at 17 GW […] Read more
Government announces Trajectory to achieve its targets of commissioning 100 GW of Solar generating capacity and 60 GW of Wind power by 2022 Updated On Fri, Nov 24th, 2017 by Saurenergy Government to conduct Third Wind Power Auction of 2000 MW Capacity Power Supply Agreements signed by SECI with utilities of UP, Bihar, Jharkhand, Assam, Punjab, Goa and Odisha The Government today announced the trajectory for achieving its targets of commissioning 175 GW of Renewable Energy (RE), 100 GW of solar generating capacity and 60 GW […] Read more
Andhra Pradesh to Purchase Electricity from Kadapa Solar Power Park Updated On Thu, Nov 23rd, 2017 by Saurenergy A total of about 460MW of solar power projects have been sanctioned to Engie in India. Andhra Pradesh after withdrawing its stand against a major state utility guideline will now purchase electricity from Kadapa Solar Power Park. The agreement will allow the state to buy electricity at a lower cost as compared to the proposed […] Read more
India Adds 2.2 GW Solar Capacity in Q3, Faces Slowing Activity – Mercom Updated On Thu, Nov 23rd, 2017 by Saurenergy Newly-installed solar parks in India will stand at 9.5 GW and 10 GW, as compared to its previous forecast for about 10 GW. India has added 2,247 MW to the electricity grid in the third quarter of 2017 but activity there is seen to slow down and lead to weaker-than-expected fourth quarter, according to a […] Read more
International Solar Alliance Energizing Future Updated On Wed, Nov 22nd, 2017 by Saurenergy India’s brainchild, the International Solar Alliance celebrated its inception this November, and looks ahead to become a legal entity on 6th December 2017. An Indian initiative to forge a global coalition to harness solar energy, International Solar Alliance was launched at the CoP21 Climate Conference by Prime Minister Narendra Modi and the then French President Francois […] Read more
Indian renewable energy companies among lowest rated: Report Updated On Wed, Nov 22nd, 2017 by Saurenergy India’s renewable energy companies has poor score on investments in Asia-Pacific region says Fitch According to a report released by ratings agency Fitch, India’s renewable energy companies are among the most poorly rated investment grade companies in the Asia-Pacific region. “Most of the issuers are owned by their respective sovereigns due to the strategic importance […] Read more
Low Bids Slowing Solar Energy Projects: ICRA Updated On Wed, Nov 22nd, 2017 by Saurenergy The level of solar power tariffs witnessed a sharp reduction in the last six months says ICRA The viability for solar projects bid has slowed down in the last six months, according to the research and ratings agency ICRA. The solar project capacity awarded in 2017 stood at 3.75 GW by October end as against […] Read more
China Aims To Install Record Amount Of Solar Power Capacity Updated On Tue, Nov 21st, 2017 by Saurenergy China has left Germany behind having most installed photovoltaic power capacity in 2015. China, being the world’s largest carbon emitter, now aims to be the biggest installer of solar power capacity with record numbers pushing the researchers to add almost 80 percent more capacity to stipulated one. The amount of additional capacity of 30GW of […] Read more
China, Ukraine Agree to Deepen Cooperation in Clean Energy Updated On Sat, Nov 18th, 2017 by Saurenergy Ukraine which relies heavily on imported energy and sees a huge potential in its renewable energy cooperation with China. China and Ukraine have agreed to increase their cooperation in renewable energy, the Ukrainian government said. Both the countries reached the agreement during the plenary meeting of the Chinese-Ukrainian Subcommittee on Trade and Economic Cooperation in […] Read more