CPPIB to Invest $300 Million in Renewable Energy Producer Mytrah Power Updated On Tue, Jun 26th, 2018 by Saurenergy We are in process of raising growth capital and there is interest from multiple investors,” said Mytrah Energy chief financial officer Shirish Navlekar without disclosing further details. An advance talks are taking place between Canada’s largest pension fund manager Canada Pension Plan Investment Board (CPPIB) and renewable energy producer Mytrah Energy Ltd where the former is investing about $300 million […] Read more
Renewable to be Half of Total Installed Capacity by 2030: RK Singh Updated On Tue, Jun 26th, 2018 by Saurenergy It (power demand) will go up further, which means we will need to expand our capacity, so energy is a good market here By the end of 2030, the renewable energy mix in India’s electricity mix would account for around 55% of the total electricity. The country is expanding and growing in its installation capacity […] Read more
IIT Madras, CPCL Ink Pact to Solarize Villages Updated On Tue, Jun 26th, 2018 by Saurenergy The proposed project will be executed over the period of next 2 years and will cost around 14.49 crore in Rupees. The project will be executed in coordination with the government of Tamil Nadu. To provide a solar power, clean drinking water and create better sanitation conditions in the villages of Vellalapakkam, Gopurajapuram, and Panangudi […] Read more
Regulatory Challenges to Prolong, No Respite for Renewable Energy Certificates Updated On Tue, Jun 26th, 2018 by Saurenergy The obligated entities may prefer to continue to buy renewable power directly rather than using renewable energy certificates (DECs), to comply with their renewable power obligations There would be a lot of regulatory challenges that renewable certificates will continue to face and obligated entities may prefer to buy clean energy directly. India Rating and Research said, “The […] 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
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
Green Energy Will Account For 40% of Total Energy Production in India, Says Harsh Vardhan Updated On Mon, Jun 25th, 2018 by Saurenergy Green energy, electricity produced from non-fossil fuel sources such as wind, solar power, and hydropower, will account for 40% of the total energy production in India As the country is leading the new initiatives in fighting climate change and greenhouse emission, it is also rapidly shifting from the conventional source of energy to clean energy. […] 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
