Author: Saur News Bureau

Fortum signs EUR 1,750 million syndicated Multicurrency Revolving Facility Agreement

Fortum Corporation has signed a EUR 1. 75 billion syndicated Multicurrency Revolving Facility Agreement. The company will use the committed facility for general corporate purposes and replaces the existing credit facility signed in July 2011. The facility has an initial maturity of five years and Fortum may request two one-year extension options. The company in […]

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Piyush Goyal says it’s not the poor but big people behind power theft

The Union Minister for Power, Coal and Renewable Energy Piyush Goyal Addressing the Conference of State Power, Energy and Renewable Energy Ministers at Goa said that his Ministry is committed to ensuring that every household is electrified and all farmers in the country get adequate and timely power in the country. The minister further added […]

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Piyush Goyal launches Urja & Vidyut Pravah mobile App alongside Ujala Scheme in Goa

Power, Coal and New and Renewable Energy Minister- Piyush Goyal on Thursday launched ‘URJA’- Urban Jyoti Abhiyaan Mobile app and Vidyut Pravah” App on the side-lines of ongoing two day Conference of Power Ministers at Cansaulim in South Goa. The URJA app developed by Power Finance Corporation on behalf of Ministry of Power for Urban […]

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Average costs for electricity generated by solar and wind could decrease by 59% by 2025: IRENA

International Renewable Energy Agency (IRENA) in its latest report revealed that average costs for electricity generated by solar and wind technologies could decrease by between 26 and 59 per cent by 2025. The report, The Power to Change: Solar and Wind Cost Reduction Potential to 2025, finds that with the right regulatory and policy frameworks in […]

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ACME to sell 275MW of its operational solar assets to IDFC Alternatives: Report

IDFC Alternatives is reportedly gearing up to buy 275 megawatts (MW) of operational solar assets from ACME Solar. Livemint citing sources reports that the deal between the two companies will likely close in stages as “IDFC will need separate approvals from the lenders of the various assets and other approvals as per the power purchase […]

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Con Edison, SunPower partners on 4MWh solar + battery storage project in New York

Con Edison and SunPower has partnered on a pilot project to offer solar power systems with battery storage to more than 300 New York homeowners. Hundreds of homes with solar power and battery storage will provide the utility with a cost-effective and innovative “virtual power plant,” and homeowners with a backup system in case of […]

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RECOM partners with WEDIS Group for 10MW photovoltaic plant in Fuerstenwalde, Germany

RECOM announces the construction of a 10MW photovoltaic plant in Fuerstenwalde, Germany. The company has partnered with investment group WEDIS Group AG and is providing bridge financing for the construction of the entire project, which began this month. Over 35,000 of RECOM’s Black Panther 285 mono high efficiency panels will be installed and are expected to produce approximately 10,000 MWh/year of energy from the […]

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SECI tendering 450MW solar PV projects in Maharashtra

Solar Energy Corporation of India has issued request for selection (RfS) document for selection of Grid connected Solar PV Projects of 450 MW in Maharashtra in Part-B (Open) under NSM Ph-II, Batch-IV. Interested bidders have to download the official copy of RfS & other documents after logging into the TCIL website by using the Login […]

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