HNPCL Acquires Mumbai-Based Solar Firm for Rs 1,000 Cr Updated On Mon, May 14th, 2018 by Saurenergy Last year Andhra Pradesh-based thermal energy company, HNPCL, had initiated talks to purchase Kiran Energy, which is having an operational portfolio of around 85 MW now. Hinduja Group flagship firm Hinduja National Power Corporation Ltd (HNPCL) has acquired Mumbai-based Kiran Energy Solar Power for about Rs 1,000 crore, as revealed by the two sources close […] Read more
MNRE issues National Wind-solar Hybrid Policy Updated On Mon, May 14th, 2018 by Saurenergy The Policy provides framework for promotion of large grid connected wind-solar PV hybrid system A scheme for new hybrid projects under the policy is also expected shortly. Ministry of New and Renewable Energy has issued National Wind-Solar Hybrid Policy here today. The objective of the policy is to provide a framework for promotion of large […] Read more
Idaho PUC Creates Special Group of Solar Panel Owners Updated On Fri, May 11th, 2018 by Saurenergy The Idaho Power has been asking for creation of special group since 2017. The main motive behind the ruling was that the existing cost of serving customers is not sufficient enough and the rates should be changed. The Idaho Public Utilities Commission in United States has created a special group of Idaho power consumers who […] Read more
AfDB Okays $1.5 Mn Grant for Nigeria’s On-Grid IPP Solar Procurement Program Updated On Fri, May 11th, 2018 by Saurenergy This program will assist the Nigerian government to achieve its national goal of reaching 75 percent electricity access by 2020 and electrifying unserved and underserved areas. The African Development Bank (AfDB) board has approved the USD 1.5 million grant to support the Nigerian Government’s implementation of phase 1 of the Jigawa 1-GW Independent Power Producer (IPP) solar […] Read more
TEDA Seeks Bids for Solar Parks in Tamil Nadu Updated On Fri, May 11th, 2018 by Saurenergy TEDA has set three objectives for development of solar parks in the state such as develop quality infrastructure for solar energy, bring appropriate technology to achieve optimum efficiency, and achieve energy security in the state of Tamil Nadu. Riding on the ‘Vision Tamil Nadu 2023’ for renewable energy and the renewable energy purchase Obligations (RPO) […] Read more
SolarEdge Set to Enter Footprints in UPS Market via Gamatronic’s Acquisition Updated On Fri, May 11th, 2018 by Saurenergy The agreement is subject to customary closing conditions and is expected to close by the end of the second quarter of 2018. With an aim to move into the markets beyond solar arena, publicly listed PV inverter maker, SolarEdge Technologies will enter into the UPS market by signing an asset purchase agreement with Gamatronic Electronic […] Read more
Pema Khandu Inaugurates Arunachal Pradesh’s Biggest Solar Plant Updated On Thu, May 10th, 2018 by Saurenergy The plant was commissioned on April 1 at an estimated investment of Rs 8.50 crore and has a capacity of 1 MW power generation. At Energy Awareness Park, Arunachal Pradesh CM Pema Khandu along with Power Minister Tamiyo Taga inaugurated the state’s biggest solar power plant. According to a statement issued by state government the […] Read more
Tariffs Drop at NTPC’s Solar Auction Updated On Thu, May 10th, 2018 by Saurenergy All the winners include Sprng Energy, Ayana Renewable Power, and SB Energy Solar. The winners at the auction got 250 MW each. In a 750 MW auction conducted by NTPC for projects at Ananthapuram Solar Park in Andhra Pradesh the tariffs fell to Rs 2.72-2.73 per unit. All the winners include Sprng Energy, Ayana Renewable Power, […] Read more
California Mandates Solar Panels on All New Homes Updated On Thu, May 10th, 2018 by Saurenergy The move was approved unanimously by five-member California Energy Commission and is first of its kind in the country. It is seen as a latest effort to curb greenhouse gas emissions. Taking a lead in the US, California has made it mandatory for homes and low-rise apartments starting in 2020 to have solar rooftop panels […] Read more
