Singareni Collieries Launches 37 MW Solar Plant in Telangana Updated On Fri, Sep 24th, 2021 by Saurenergy State-owned Singareni Collieries Company Limited (SCCL) inaugurated 37 megawatts solar plant at Kothagudem in Telangana on Wednesday. Total 300 megawatts solar plants are being erected throughout Singareni, out of which 172 megawatts plants have already been completed and generating solar power, said Singareni Collieries, which is the first coal company to enter into the solar […] Read more
Dupont Signs VPPA With NexEra Energy for 135 MW of Wind Energy Updated On Fri, Sep 24th, 2021 by Saurenergy DuPont (NYSE: DD) announced on September 23 that it has signed a virtual power purchase agreement (VPPA) with a subsidiary of NextEra Energy Resources, LLC with a generation capacity of the equivalent of 135 megawatts of new wind energy in Texas. The agreement, subject to customary performance conditions, supports DuPont’s Acting on Climate goal of reducing […] Read more
Solar PLI Tender Gets Massive Response, Close to 55 GW Worth Bids Submitted Updated On Wed, Sep 22nd, 2021 by Saurenergy The Solar PLI tender, (Production Linked Incentive) where IREDA is the implementing agency, has received a massive response from bidders, with just 9 bidders going for 4 GW capacity creation each. Another 9 bidders make up the remaining bids for 18,809 MW of capacity building. (View Scheme Details Here) The PLI Scheme has divided an […] Read more
Lightsource BP, With Fresh $1.8 B Fundraise, Targets 25 GW RE by 2025 Updated On Tue, Sep 21st, 2021 by Saurenergy Lightsource BP, the London-based solar developer led by Nick Boyle, with 50% ownership by BP has secured a $1.8bn finance package that it announced will lead to a massive change in its plans for the immediate future. Calling the financing a key step to a change in mindset from ‘gigawatts to terawatts’ the firm has […] Read more
Tariff Markdown on Manufacturing Tender. Unfair For Developers? Updated On Tue, Sep 21st, 2021 by Saurenergy Even as SECI continues to provide positive tidings in terms of finally finding buyers for the power from the manufacturing linked solar tender that has been pending since last year, the news of markdowns can’t be good for relevant stakeholders. Readers will recall that these tenders had a tough time finding takers for a long […] Read more
Deputy Manager – Techno Commercial Updated On Mon, Sep 20th, 2021 by Saurenergy Manage sourcing and purchase of the specified spend category, develop and sustain vendor relationships and negotiate best price points, thereby meeting specifications of quality, timelines within the stipulated budgetary requirements. Assist in the review of approved PR (Purchase Requisition) from user department; seek additional information if required from user for correctness & completeness of PR. […] Read more
Manager/Sr Manager – Finance Updated On Mon, Sep 20th, 2021 by Saurenergy Plan complete life cycle of fund raising to financial closure for new or M&A project. Coordinate with Banks, financial Institutions and consultants to arrange syndication of and raise funds from various financial institutions / Banks / lease finance companies. Arrange working capital and term loan from banks and FIs. Prepare techno-commercial feasibility report for the […] Read more
Heard at REI 2021- 5 Takeaways From The Expo Updated On Mon, Sep 20th, 2021 by Saurenergy At the recently concluded REI 2021, it was an impressive show of strength for the sector, despite the usual hits and misses one would expect in a year like this. So while the Chinese presence was on the lower side, especially Chinese senior management from the top firms like Longi Solar, Jinko, Huawei etc, the […] Read more
SECI’s 1000 MW PSA Signing with TANGEDCO, Vital Step Forward For Mfg. Linked Tender Winners Updated On Mon, Sep 20th, 2021 by Saurenergy It says something for the dearth of good news we have had in the solar sector, that firms and even government bodies have taken to highlighting every step of the process from planning to tenders to winners to even the signing of PSA’s (power sales agreement) and PPA’s (Power Purchase Agreement) now. The backlog of […] Read more
