Andhra Solar Park Projects Saw Lowest Bid at Rs 2.7 Per Unit Updated On Mon, Jul 9th, 2018 by Saurenergy Although the real auction took place last week, the reverse auction for 2,000 MW capacity discovered tariff of Rs 2.44 per unit. Under the reverse auction process, the companies backed by the financers from around the globe have seized the tenders to build 750 MW of solar power projects in Kadapa in Andhra Pradesh. The […] Read more
Manufacturing to Become a Key Element for Solar Power Projects, says Govt. Updated On Fri, Jul 6th, 2018 by Saurenergy So the bigger bids will be focused on manufacturing, while smaller bids will take care of smaller developers. If there is one big bid and one player takes it all, that will be unfair. As the country aims to add close to 500 GW of renewable energy capacity by 2030, the government plans to make […] Read more
China’s – New Solar Policies & Change in Markets Updated On Fri, Jul 6th, 2018 by Saurenergy In the first week of June, the china dropped bombshell solar policy change that sent ripples across the board. The country rolled back the subsidies solar developers would enjoy from the government. The change in the Chinese solar policy will also mean the halting of approvals for new solar projects across the country in 2018. […] Read more
Solar Boom – A Fantastic Fillip for India! Updated On Sun, Jul 1st, 2018 by Saurenergy India’s solar boom proved to be a game changer for the country’s renewable growth trajectory, as the sector witnesses’ sharp momentum during the past four years under the leadership of Prime Minister Narendra Modi. In 2014, when he took PM’s chair, India had about 2.63 GW of solar energy capacity, which now surged to nearly […] Read more
FORE Partnership Shakes Hand with Sunpreme for Bifacial Smart PV Panels Updated On Mon, Jun 25th, 2018 by Saurenergy The company’s highly sustainable office development on Mount Street will feature Bifacial Smart Solar Panel, developed by Sunpreme based in California, US. Real estate investment firm FORE Partnership has joined hands with global solar photovoltaic company, Sunpreme, for its Bifacial Smart Solar Panels. The company’s highly sustainable office development on Mount Street will feature Bifacial Smart […] Read more
China Solar Policy May Further Cut Power Bidding Tariff Updated On Mon, Jun 25th, 2018 by Saurenergy The tariffs, which will be discovered in the next rounds of inter-state transmission system bidding, could hit a new low. It may even breach the Rs 2.44 a unit pricing that was discovered during the Bhadla phase-IV bidding. As Chinese government has decided to deploy caps and reduce feed-in-tariffs for solar projects, it is highly […] Read more
Financing Indian Sun Updated On Mon, Jun 25th, 2018 by Saurenergy After out-passing teething troubles related to GST implementation, India firmly cements it’s place as the fastest growing major economy in the world by clocking GDP growth rate of 7.7 per cent during the January to March quarter of FY 18. India, being the Asia’s third-largest economy, clinched this position after surpassing China’s 6.8 per cent […] Read more
Viz-A-Viz with Damian Miller, CEO, Orb Energy Updated On Thu, Jun 21st, 2018 by Saurenergy Q. Could you please tell our readers about Orb Energy and its journey? NP Ramesh and I were colleagues at Shell Solar for almost seven years. After Shell exited the solar market in 2006, we secured venture funding and started Orb Energy (Orb) in India. By the start of 2007 we had started full-fledged operations […] 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