BHEL bags 80 MW Solar Photovoltaic Project worth Rs 437 crore Updated On Fri, Jul 29th, 2016 by Saurenergy State-run Bharat Heavy Electricals Limited (BHEL) has bagged prestigious orders worth 437 crore for developing 80 MW Solar Photovoltaic (SPV) power plants on Engineering, Procurement and Construction (EPC) basis from Neyveli Lignite Corp. (NLC) and Bharat Electronics Limited (BEL). With this order, BHEL’s Solar portfolio now stands at 300-MW. The Solar Photovoltaic Plant will be […] Read more
Oriental Group signs 50 MW Solar Project with Nigeria Updated On Fri, Jul 29th, 2016 by Saurenergy Oriental Renewable Solutions, also a member of the Oriental Group, have announced that it has sealed a 20-year PPA for a 50 megawatts solar project in Jigawa State of Nigeria. The 50-MW solar project forms part of the 12 solar schemes of 1.2-GW project, which was recently secured off-take contracts with the NBET (Nigerian Bulk […] Read more
Germany’s energy storage market will grow 11-fold and reach $1B by 2021: GTM Research Updated On Fri, Jul 29th, 2016 by Saurenergy GTM Research in its latest report ‘The German Energy Storage Market: 2016-2021’, has revealed that Germany’s energy storage market will grow 11-fold in megawatt terms between 2015 and 2021 and will reach an annual value of $1.03 billion. Germany is already one of the world’s leading energy storage markets. At the end of 2015, Germany […] Read more
Georgia Power’s 1600MW of renewable energy mostly to be Solar PV Updated On Fri, Jul 29th, 2016 by Saurenergy The Georgia Public Service Commission (GSPC) approved a deal between utility Georgia Power and organizations including Southern Alliance for Clean Energy (SACE) that will focus on expanding the utility’s commitment to renewable energy in its latest long-term plan. As per the deal, the Georgia Power is committed to develop and procure 1600 MW in the […] Read more
Chinese EPC TBEA to develop two 500MW PV power plants in Egypt Updated On Fri, Jul 29th, 2016 by Saurenergy TBEA Sunoasis, one of the China’s major EPC firm has signed a Memorandum of Understanding (MoU) for building two 500 megawatts photovoltaic power plants with the 2 Egyptian government agencies. Egypt’s Minister of International Cooperation along with Egypt’s Minister of Military Production have signed the MOU with Vice Chairman of TBEA, Mr. Shin Bin, at […] Read more
Azure Power installs 10MW rooftop solar PV project in Mohali, Punjab Updated On Thu, Jul 28th, 2016 by Saurenergy Azure Power has installed a 10MW rooftop solar PV project in Mohali, Punjab. The 10 MW solar rooftop project is spread across eight locations in the state. Power produced by the solar plant will be sold to Punjab State Power Corporation Limited under 25-year power purchase agreement (PPA) at a tariff of Rs. 7.59/kWh. The […] Read more
Koyna’s Dam to get floating solar panels to generate 600MW power Updated On Thu, Jul 28th, 2016 by Saurenergy A proposal to set up floating solar panels on a surface area of 891 square kilometres on Koyna dam has been cleared. It will be used for solar power generation. The primary survey for the dam has been completed and the next stage of planning is currently underway. Departments like water resources, transmission, and renewable […] Read more
Punjab positions itself as the top state in rooftop solar power generation Updated On Thu, Jul 28th, 2016 by Saurenergy Bikram Singh Majithia, Punjab Revenue and Non-conventional Energy Minister on Tuesday announced that the border state of India is in path to make another history in “green power solar revolution”, after attaining the “game-changing” green revolution. Speaking on the occasion in the presence of Ranjit Singh Waryiam Nangal, the Chairman of Punjab Energy Development Agency […] Read more
Ministry of Power Raises RPO Trajectory for both Discoms and States Updated On Thu, Jul 28th, 2016 by Saurenergy Ministry of Power has raised the Renewable Purchase Obligations (RPO) trajectory for solar power in India. The Renewable Purchase Obligations makes it mandate for both Distribution Companies (Discoms) and states to purchase a certain percentage of their energy from renewable. Distribution Companies in India will now have to purchase 2.75% of their energy mix from […] Read more
