MIC to Sell Solar, Wind Biz to Goldman, DIF for $215 Mn Updated On Fri, Apr 5th, 2019 by Saurenergy The company has already planned to use these proceeds to invest in the growth of its remaining businesses. After Amtech Systems, recently, revealed its plan to sell its solar business, US-based Macquarie Infrastructure Corporation (MIC) has also inked a pact to sell its entire wind and solar power generation businesses. As per the deal, the […] Read more
Telecom Secretary Proposes Joint Task Force with MNRE to Push Green Tech in the Sector Updated On Fri, Apr 5th, 2019 by Saurenergy Telecom Secretary Aruna Sundararajan has proposed setting up a joint task force with the Ministry of New and Renewable Energy (MNRE) to promote green technology in the sector. “It is critical that we should set up a joint task force between the two ministries (Telecom and MNRE) to ensure that we work on this together. The […] Read more
Pilot Project Brings 24-Hour Solar Power to Remote Philippine Island Updated On Fri, Apr 5th, 2019 by Saurenergy A pilot project under an Asian Development Bank (ADB) technical assistance, is bringing 24-hour solar power to this small rural island in Antique Province, Philippines. The Malalison Island Solar Photovoltaic (PV) Hybrid Pilot Project is a private sector joint venture with Antique Electric Cooperative (ANTECO), the electric distribution franchise holder, and One Renewable Energy Enterprise, […] Read more
Bihar Sets Generic Tariff For Solar Projects at Rs 4.17/kWh For FY 2019-20 Updated On Fri, Apr 5th, 2019 by Saurenergy The Bihar Electricity Regulatory Commission (BERC) has set then generic tariff for procurement of solar power in the state at Rs 4.17 per kWh. In a period when faster adoption of solar and renewable energy sources is driving state commissions to set new and more feasible generic tariff rates for the new fiscal years, BERC, […] Read more
Global Solar PV Market To Reclaim Double-Digit Growth, India Falls behind Updated On Fri, Apr 5th, 2019 by Saurenergy The latest IHS Markit’s Report on Solar sector says this revived growth is coming mainly from markets outside of China, which are forecast to rise by 43% in 2019 but USA will overtake India to once again become the second-largest PV market. The global solar PV market is set to bounce back from single-digit growth […] Read more
Deadline Extension For SECI’s 3 GW Manufacturing-Linked Solar Tender Updated On Fri, Apr 5th, 2019 by Saurenergy The deadline for submission has been extended from April 4, 2019, to April 22, 2019. The Solar Energy Corporation of India (SECI) has extended the deadline for bid submission on its tender for setting up 3 GW ISTS-Connected solar PV power plant linked with setting up of 1.5 GW (per annum) solar manufacturing plant. The […] Read more
Cancellations in 2018 continue to cast a shadow over 2019 Solar and Wind Projections Updated On Fri, Apr 5th, 2019 by Saurenergy With total cancellations of close to 8500 MW, which would have drawn in investments of close to $ Six billion, India’s regulators at both central and state level continue to fend off criticism for the way they are running the show For the renewable sector in India, 2018 was the year which began with so […] Read more
MNRE Proposes Obligatory Glass Recycling for Solar Power Generators Updated On Thu, Apr 4th, 2019 by Saurenergy The Ministry of New and Renewable Energy (MNRE) is considering to make mandatory for solar power developers to follow glass recycling procedure for solar photovoltaic (PV) panels under a new framework. “Recycling of end of life solar panel glass containing Antimony may be made mandatory on the generators as part of environmental liability” said the […] Read more
World Bank Grants $148Mn to Finance Access to Electricity in Mozambique Updated On Thu, Apr 4th, 2019 by Saurenergy The World Bank has approved an $82 million grant to increase access to electricity in five of the poorest provinces of Mozambique, including Niassa, Nampula, Zambezia, Cabo Delgado and Sofala. The project is also supported through a $66 million Multi-Donor Trust Fund administered by the Bank. With the potential to benefit about 1.5 million people, […] Read more
