AIIB to Invest $65 Mn in Hero Future’s 250 MW Solar Project in Raj Updated On Mon, Dec 23rd, 2019 by Saurenergy Beijing-headquartered multilateral development bank, Asian Infrastructure Investment Bank (AIIB) has approved the investment of USD 65 million in Hero Future Energies’ 250 MW solar power project in Jodhpur, Rajasthan. The lender said in a statement that “as part of ongoing efforts to mobilize private capital for infrastructure, President Jin also approved a USD65-million 250-MW solar power […] Read more
Solar Frontier Completes Financing for 210 MW California Solar Project Updated On Thu, Dec 19th, 2019 by Saurenergy Solar Frontier Americas has closed on the tax equity commitment and debt financing for its 210 MW Mustang Two solar project in Kings County, California. Solar Frontier Americas (SFA), the US-based renewable energy business of Idemitsu Kosan, has announced that it has closed on the tax equity commitment and debt financing for its 210 MW Mustang […] Read more
NTPC Issues 923MW Solar Tender under Domestic Competitive Bidding Updated On Wed, Dec 4th, 2019 by Saurenergy The last date and time for submitting bids including both Techno-Commercial Bids and Price Bids is January 03, 2020 at 2 p.m. State-run power producer NTPC has invited bids for the development of up to 923 MW of capacity grid connected solar photovoltaic (PV) projects under CPSU Scheme Phase-II (Tranche-II). As per the tender document […] Read more
SECI Revises Bid Submission Date for 1.95MW Solar, 1.2GW Wind Projects Updated On Fri, Nov 22nd, 2019 by Saurenergy State-owned Solar Energy Corporation of India (SECI) has extended the bid submission deadline for its two renewable energy projects i.e. 1.95 MW solar energy project and 1200 MW wind project. The last date for submitting bids for 1200 MW ISTS connected wind power projects (Tranche-IX) has been extended till December 05, 2019. However, the last […] Read more
India’s Largest Solar Project Worth Rs 50k Cr to be Completed in 4 Yrs: Amit Shah Updated On Mon, Nov 18th, 2019 by Saurenergy The Union Home Minister Amit Shah has said that the country’s largest solar project of 7.5 GW worth Rs 50,000 crore will be completed in four years, besides 9 MW hydro power project. Shah further added that, this will not only bring development in the Ladakh region but will also create employment opportunities. He was […] Read more
Tata Power’s Renewable Arm Gets LoA to Develop 150 MW Solar Project Updated On Sat, Nov 2nd, 2019 by Saurenergy As per the deal, the energy will be supplied to Tata Power – D under a long-term PPA for 25 years from the scheduled commercial operation date. Renewable arm of utility giant Tata Power, Tata Power Renewable Energy Ltd (TPREL) has got a Letter of Award (LoA) from Tata Power – Distribution (Tata Power – […] Read more
Intersect Power Inks Long-term PPA with Direct Energy for 250 MW Solar Project Updated On Fri, Nov 1st, 2019 by Saurenergy Moreover, the Athos I project is likely to kick start construction in June 2020 and Athos II in October 2020. Utility-scale renewable energy developer Intersect Power has signed a long-term power purchase agreement (PPA) with Direct Energy Business for Intersect Power’s 250 MW (MWAC) solar project. Direct Energy Business is a part of Direct Energy, one of North America’s largest […] Read more
SunPower to Supply Clean Solar Energy to Chevron’s Lost Hills Oil Field for 20 Yrs Updated On Wed, Oct 30th, 2019 by Saurenergy Also, it is expected that the project will produce over 1.4 billion kilowatt hours of clean solar power during its tenure of 20 years. California-headquartered SunPower has entered into a 20 year power purchase agreement (PPA) to supply renewable energy to Chevron’s Lost Hills Oil Field. Moreover, the company has also started construction on the […] Read more
AMP Energy India to Kick Off Construction on 120MW Solar Project in Haryana Updated On Tue, Sep 17th, 2019 by Saurenergy The company spokesperson when contacted said that, the estimated investment on the project is expected to be Rs 400 crore and it will be one of the largest open access solar energy projects in Haryana. After construction commenced on Uttar Pradesh’s (UP’s) 120 MW open access solar power project last month, clean energy power producer, […] Read more
