Engie Commissions Kathu CSP Plant in South Africa Updated On Mon, Feb 11th, 2019 by Saurenergy The park is expected to operate for 30 years, with a 100 MW capacity delivering an estimated 390 GWh of electricity every year. French energy and services group, ENGIE has achieved commercial operation of its 100 MW Concentrated Solar Power (CSP) plant in the Northern Cape, South Africa. The solar plant, which is one of […] Read more
SoftBank Led SB Energy Leads Bidding on SECI 1200 MW Wind Auction Updated On Wed, Feb 6th, 2019 by Saurenergy Bids totalling 2,325-MW capacity were received by SECI in response to the 1200 MW tender. A host of other industry majors including SoftBank led SB Energy have marked their interest in Solar Energy Corporation of India’s (SECI) latest 1200 MW wind power tender. SB Energy has made its first bid for a standalone wind project […] Read more
New Braunfels Utilities Signs One of the Lowest PPA in the USA Updated On Sat, Dec 15th, 2018 by Saurenergy A municipally owned utility in Texas, New Braunfels Utilities has signed a 15 year contract with Engie-affiliated Long Draw Solar for $25 per megawatt-hour. New Braunfels Utilities has signed one of the lowest power purchase agreement in the United States and the lost one in the state of Texas. A municipally owned utility in Texas, […] Read more
ENGIE Acquires 90% Stake in Simpa Energy India Updated On Wed, Nov 14th, 2018 by Saurenergy ENGIE has acquired 90 percent stake in Simpa Energy India French clean energy giant ENGIE has acquired a controlling stake in Simpa Energy India Pvt Ltd the company announced. The move is set to expand ENGIE’s geographical footprint and accelerate the company’s growth. ENGIE has acquired 90 percent stake in Simpa Energy India from its […] Read more
ENGIE Kicks Off Solomon Forks Wind Project Construction in Kansas Updated On Wed, Sep 26th, 2018 by Saurenergy Solomon Forks is part of the Infinity Renewables portfolio recently acquired by a subsidiary of ENGIE North America from Infinity Renewables and MAP Energy. US-headquartered ENGIE North America has kick-started the construction of 276 MW Solomon Forks Wind Project in northwest Kansas, United States. Solomon Forks is part of the Infinity Renewables portfolio recently acquired by […] Read more
India May Not Achieve 100 GW Target by 2022: Report Updated On Thu, May 17th, 2018 by Saurenergy The current bidding environment in India is ‘irrationally aggressive’. Around 70% of the total respondents were of the opinion that the aggressive nature of bidding, that lowered tariffs for wind and solar energy to Rs 2.43 and Rs 2.44 per unit respectively, is not feasible for the growth. The target of adding 175 GW of […] Read more
ENGIE Completes Fenix’s Acquisition to Bring Affordable Power to Africa Updated On Wed, Apr 4th, 2018 by Saurenergy Through this partnership, Fenix will gain access to ENGIE’s supply chain, expertise, long-term capital investments and talent across the energy value chain. Global utility company ENGIE has completed the acquisition of the off-grid energy leader Fenix International. ENGIE and Fenix have ambitious targets to reach millions of households across Africa and this partnership will accelerate […] Read more
Mirzapur Solar Plant gets Rs 74.25 lk per MW Viability Gap Funding from Govt Updated On Thu, Mar 15th, 2018 by Saurenergy The electricity generated by the project will be supplied by ENGIE at the rate of Rs 4.43 per unit for a period of 25 years. The Mirzapur’s 75 MW solar power plant, set-up by the French firm ENGIE at a cost of around Rs 528 crore, has got Rs 74.25 lakh per MW Viability Gap […] Read more
UP’s Biggest Solar Power Plant Sets up via Transparent Auction: Govt Updated On Thu, Mar 15th, 2018 by Saurenergy The plant, built at a cost of around Rs 528 crore, will generate 13 crore units of electricity per annum. The government said the biggest solar power plant in the state of Uttar Pradesh (UP) has been set up via a transparent bidding process under the solar park scheme of the Ministry of New and […] Read more
