Azure Power Bags 600 MW Solar Power Project in SECI Auction Updated On Thu, Jul 5th, 2018 by Saurenergy Further, the project is the largest solar auction in India and also the first Interstate Transmission System (ISTS) grid connected solar PV project auctioned by SECI. Country’s one of the leading independent solar power producers, Azure Power has won a 600 MW solar power project in the SECI’s 2,000 MW tender auction. The Solar Energy Corporation […] 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
ISMA Demands 95% Safeguard Duty on Solar Cells Import Updated On Wed, Jun 27th, 2018 by Saurenergy Indian Solar Manufacturers Association (ISMA), during a public hearing called by the Directorate General of Trade Remedies (DGTR), has demanded imposition of 95 percent safeguard duty on imported solar cells and modules, aiming to protect the domestic players from cheap inbound shipments. During hearing, the directorate heard different sections of solar energy sector on safeguard […] Read more
Safeguard Duty on Solar Equipment Likely to Hit India’s 100 GW Goal by 2022 Updated On Mon, Jun 25th, 2018 by Saurenergy The solar developers opined that it would directly affect 25 GW volume under various stages of implementation and hit out thousands of jobs in the segment. Implementation of proposed safeguard duty may hit the country’s most ambitious target of installing 100 GW capacity by 2022, believes Indian solar power developers. The solar developers opined that it would […] 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
EXTENSION OF BID SUBMISSION DATE FOR 10 MW SOLAR PV PROJECTS AT DRDO PREMISES, KOLAR. KARNATAKA Updated On Mon, Jun 25th, 2018 by Saurenergy EXTENSION OF BID SUBMISSION DEADLINE : SETTING UP OF 10 MW (AC) SOLAR PV POWER PLANTS ICLUDING 10 YEARS PLANT O&M AT DEFENCE RESEARCH AND DEVELOPMENT ORHANISATION (DRDO) PREMISES, KOLAR, KARNATAKA This has reference to the RfS No. SECI/C&P/NIT/RfS/DRDO10MW/042018 dated 16.05.2018 regarding “ Setting up of 10MW (AC) Solar PV Power Plants including 10 years plant O&M […] Read more
EIB to Provide $11.75 Mn Loan for 34 MW Solar Project in Zambia Updated On Mon, Jun 25th, 2018 by Saurenergy Further, the Zambian project is promoted by Enel company and will also be supported by loans from the IFC, World Bank Group member, and IFC-Canada Climate Change Program. European Union lender, the European Investment Bank (EIB) has provided up to USD 11.75 million loan to support the 34 MW Ngonye solar power plant in Zambia. Further, the Zambian […] 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
Pre-bid Meeting for 10K MW Held, 29 Companies Participated Updated On Sat, Jun 23rd, 2018 by Saurenergy The companies that participated include representatives from SoftBank Group’s SB Energy and global solar giant GCL. For the forthcoming 10,000 MW manufacturing-linked solar auctions, around 29 companies participated in the pre-bid meeting in Delhi. The Solar Energy Corporation of India (SECI) would be conducting these auctions across the board. The companies that participated include representatives […] Read more
