Azure Power Inks Subscription Pact to Raise $75 Mn Updated On Thu, Nov 7th, 2019 by Saurenergy Gupta further said “with this capital raise, our current committed projects will be fully equity funded.” Country’s one of the largest solar power developers and operators Azure Power has signed a subscription pact to raise USD 75 million via private placement of over sixty four lakh equity shares at USD 11.55 per share to Caisse de depot et placement […] Read more
SECI Extends Deadlines for 2 More Solar Energy Tenders Updated On Thu, Nov 7th, 2019 by Saurenergy SECI has announced the extension in the bid submission deadline for two solar tenders, the 7 GW manufacturing linked and the 1.95 MW with BESS in Lakshadweep. The Solar Energy Corporation of India (SECI) has announced the extension in bid submission deadline for two tenders, the 7 GW manufacturing linked solar tender and the tender […] Read more
The Problem with Rooftop Solar. Discom View Updated On Thu, Nov 7th, 2019 by Saurenergy In the first of a two-part series based on the report, Solar Rooftop, The Discom Perspective, we bring to you the issues, and possible solutions (in part 2) proposed by discoms. The report has been released by TERI and the Shakti Sustainable Energy Foundation. Even as India’s renewable renaissance has stumbled in the past 18 […] Read more
NTPC Working on Developing EV Charging Infrastructure Updated On Thu, Nov 7th, 2019 by Saurenergy NTPC is working on developing a strong and sustainable electric vehicle (EV) charging infrastructure India’s largest energy conglomerate NTPC is working on developing a strong and sustainable electric vehicle charging infrastructure as it believes that ultimately mobility through electric vehicles (EV) will help, a company official has said. While addressing the India Energy Summit in New Delhi, NTPC Executive […] Read more
Installation of Additional Solar DC Capacity to be Left on Developers: MNRE Updated On Wed, Nov 6th, 2019 by Saurenergy MNRE has stated that as long as the solar plants are in accordance with the contracted AC capacity, installation of DC capacity should be left to developers In a decision that will come as a relief for solar power developers in the country, the Ministry of New and Renewable Energy (MNRE) has issued an advisory/clarification […] Read more
Mainstream Power Closes $580 Mn Renewable Financing Deal in Chile Updated On Wed, Nov 6th, 2019 by Saurenergy Mainstream Renewable Power has reached financial close for the 1st phase of its wholly-owned and fully-contracted 1.3 GW wind and solar platform in Chile. Mainstream Renewable Power has reached financial close for the first phase of its wholly-owned and fully-contracted giant 1.3 gigawatts (GW) “Andes Renovables” wind and solar power generation platform in Chile. The […] Read more
CEL Seeking Partners for Implementation of KUSUM Scheme in Rajasthan Updated On Wed, Nov 6th, 2019 by Saurenergy CEL is seeking a pre-bid tie-up for the commissioning of distributed solar systems for agriculture consumers under the KUSUM scheme in Rajasthan The Central Electronics Limited (CEL) has issued a tender, inviting bids from eligible firms for forming a pre-bid tie-up for the commissioning of distributed grid-connected solar systems for solarisation of agriculture consumers under Component […] Read more
Shell to Boost Floating Wind Expertise Via EOLFI Acquisition Updated On Wed, Nov 6th, 2019 by Saurenergy However, the acquisition of EOLFI is subject to regulatory and ministerial approvals, which is expected to be completed during the month of December this year. With an aim to expand its renewable energy business and to get specialization in floating wind capabilities, Royal Dutch Shell has entered into an agreement to buy 100 percent shareholding in […] Read more
Is An ‘Andhra Discount’ Coming For Indian Renewables? Updated On Wed, Nov 6th, 2019 by Saurenergy As the Imbroglio over Andhra Pradesh’s effort to renege on its signed PPA’s continues to simmer, the state government is implementing the classic payments squeeze to force firms to come to the negotiating table. Successful or not, this has already damaged India’s credibility with potential and existing investors This week has all about India’s refusal […] Read more
