Oakridge Energy Raises Line of Credit for Residential Rooftop Solar Updated On Fri, Jan 4th, 2019 by Saurenergy Oakridge will use this money to offer payment plans to home owners who install solar rooftop plants with easy repayment options. One of North India’s leading residential rooftop solar companies, Oakridge Energy has raised the first line of credit from the Indian arm of Dutch social impact investor Oikocredit. The credit has been provided for […] Read more
Clearway Energy Signs PPA for 75 MW Hawaiian Solar Projects Updated On Fri, Jan 4th, 2019 by Saurenergy Apart from these two projects, Clearway Solar also has three other projects in development which will be completed in 2019. Clearway Energy Group which has its headquarters in San Francisco has signed a power purchase agreement with utility Hawaiian Electric Company for solar projects of a combined 75 MW capacity. The two projects comprise of […] Read more
BSES and SECI Sign Agreement for 200 MW Wind Energy Updated On Fri, Jan 4th, 2019 by Saurenergy The two discoms will procure capacity from SECI which will act as an intermediary procurer, a company statement said. Power discoms owned by Reliance Infrastructure in Delhi, BSES Yamuna (BYPL) and BSES Rajdhani (BRPL) have signed an agreement with Solar Energy Corporation of India (SECI) for sourcing 200 MW wind power at Rs 2.84 for […] Read more
KERC Proposes Generic Tariff for Wind Projects at Rs 2.95/KWh Updated On Fri, Jan 4th, 2019 by Saurenergy After finalizing the proposal and getting approvals, this will become the ceiling tariff for wind tenders in the state of Karnataka during the FY. Bringing uniformity to the wind power space in Karnataka, The Karnataka Electricity Regulatory Commission has proposed the generic tariff for the year 2019-20 at Rs 2.95 per kilowatt hour. After finalizing […] Read more
Indian Railways to Set Up 1 GW Solar Capacity by 2020-21 Updated On Thu, Jan 3rd, 2019 by Saurenergy Indian Railways has an existing capacity of 71.19 MW of Solar plants from rooftops solar installations at various Railways stations. Ministry of Railways has planned to set up 1000 Mega Watt (MW) solar power by 2020-21 which would help Railways to source about 10% of its electrical energy from renewable source, Minister of State of […] Read more
Siemens Gamesa’s turbine named Best Offshore Turbine for 2018 Updated On Thu, Jan 3rd, 2019 by Saurenergy This machine stands out for its excellent track record, the size of the order book and the interest it has aroused in emerging offshore markets. Windpower Monthly magazine recently named the Siemens Gamesa wind turbine as Best Offshore Turbine for 2018. Siemens Gamesa’s SG 8.0-167 DD wind turbine has been awarded as the “Best Rotor […] Read more
Ørsted Puts Taiwan’s 900 MW Offshore Wind Project on Hold Updated On Thu, Jan 3rd, 2019 by Saurenergy The deadline for signing the 2018 PPA was extended to 2 January 2019 and Taiwan’s Bureau of Energy failed to do so by the deadline. Due to a delay by the Taiwan’s Bureau of Energy in issuing an establishment permit and signing the power purchase agreement (PPA), Ørsted has decided to pause and revisit project […] Read more
Reliance Industries to Buy 88% Shares in Kanoda Energy Systems Updated On Thu, Jan 3rd, 2019 by Saurenergy In a BSE filing, RIL mentioned that it will pay Rs 75 crore for the ownership and the deal will be fully complete by March 2020. Indian industrial giant Reliance Industries Limited (RIL) has entered into an agreement to purchase 88% equity shares of Kanoda Energy Systems Private Limited (KESL). In a BSE filing, RIL […] Read more
POWERGRID Jabalpur Transmission Successfully Commissions 765kV D/C Line Between Vindhyachal–Jabalpur Updated On Thu, Jan 3rd, 2019 by Saurenergy The PGCIL arm had secured the project through Tariff Based Competitive Bidding (TBCB). POWERGRID Jabalpur Transmission Ltd, a 100 percent wholly owned subsidiary of Power Grid Corporation of India Ltd (PGCIL) has successfully commissioned the 765kV Double Circuit Transmission line between Vindhyachal Pooling Station – Jabalpur Pooling Station. The PGCIL arm had secured the project […] Read more
