Uttar Pradesh Invites Suggestions on Draft Open Access Regulations Updated On Mon, Jun 17th, 2019 by Saurenergy Uttar Pradesh has issued the Draft guidelines specifying the terms and conditions for open access in the state. The Uttar Pradesh Electricity Regulatory Commission (UPERC) has issued the Draft guidelines specifying the terms and conditions for open access in the state. The commission has now invited suggestions and comments from stakeholders until July 8, 2019, […] Read more
SECI Signs PSA’s Worth 800 MW Solar and Wind Power with Bihar Discoms Updated On Fri, Jun 14th, 2019 by Saurenergy The Solar Energy Corporation of India (SECI) has signed three Power Supply Agreements (PSA) with Bihar DISCOMS worth 800 MW. The 3 PSAs aggregating 450 MW Solar and 350 MW Wind Power signed by SECI with the state distribution companies of Bihar. 3 PSA s aggregating 450 MW Solar and 350 MW Wind Power signed […] Read more
Surprise! SECI’s ISTS Tender for 1200 MW Gets Bids at Rs 2.54/unit Updated On Thu, Jun 13th, 2019 by Saurenergy The tender for the ISTS (Inter-State Transmission System) tranche IV solar projects, that came out in February 2019, has concluded with surprisingly low rates for SECI. The projects are spread across India and come with the added assurance of SECI ensuring grid connectivity. The tariff ceiling for this tender was set at Rs 2.65/KwH. As […] Read more
Duke Energy Acquires 60 MW Solar Project From Juwi in Colorado Updated On Fri, May 31st, 2019 by Saurenergy The project will generate enough energy to power approximately 19,00 homes per year in Colorado Duke Energy Renewables, a commercial business unit of North Carolina-based Duke Energy, has acquired the development assets associated with the 60 MW Palmer Solar project in El Paso County, Colorado, from juwi Americas, a renewable energy company based in Boulder. The project, […] Read more
SECI Receives Bids For 2100 MW Against 1200 MW Solar Tender Updated On Thu, May 30th, 2019 by Saurenergy The Solar Energy Corporation of India (SECI) has received bids for development of solar projects worth 2100 MW for its tranche-IV interstate transmission system (ISTS)-connected solar tender. The SECI solar tender for setting up of 1200 MW ISTS-connected solar projects in the country was oversubscribed by 900 MW after receiving bids from 7 developers worth 2100 […] Read more
SECI Signs PSA with HPPC For 400 MW Solar Power Updated On Wed, May 29th, 2019 by Saurenergy SECI has signed PSA with HPPC for the supply of 400 MW solar power. The Solar Energy Corporation of India (SECI) has announced that it has signed a Power Supply Agreement (PSA) with the Haryana Power Purchase Centre (HPPC) for the supply of 400 MW solar power. In January, HPPC signed another PSA with SECI […] Read more
ADB Agrees To Help Finance 100-MW Solar Project in Cambodia Updated On Fri, May 24th, 2019 by Saurenergy The Asian Development Bank (ADB) said today it will extend a loan of USD 7.64 million to support the construction of a 100-MW photovoltaic (PV) park in Cambodia. The National Solar Park Project was developed with grants from the governments of Canada and Singapore and envisages the installation of a power plant in Kampong Chhnang […] Read more
ADB Granted Nearly USD 4 Bn in Sovereign Loans and Co-Financing to India in 2018 Updated On Wed, Apr 17th, 2019 by Saurenergy The Asian Development Bank (ADB) committed to providing nearly USD 4 billion in sovereign loans to India in 2018, the highest level of assistance since sovereign operations began in the country in 1986, said the annual report of the multilateral lending agency. In total, ADB, owned by 68 member countries, committed a total of USD […] Read more
India’s Solar Sector Expected to Outperform Globally Despite Challenges: Report Updated On Tue, Apr 16th, 2019 by Saurenergy A new report by Fitch Solutions has predicted that the Indian solar power capacity will grow at an annual average rate of 15.3 percent to reach 105.9 GW by 2028, up from 26 GW in 2018. The report highlights that India will continue to outperform rival markets over the next decade as recent problems such […] Read more