CERC Issues New Regulation For Cross Border Trade of Electricity Updated On Thu, Mar 14th, 2019 by Saurenergy India looks set to improve its position as an electricity exporting nation with new guidelines issued by CERC for seamless cross border trade of electricity. The Central Electricity Regulatory Commission (CERC), in accordance with the guidelines on import and export of electricity issued by the Ministry of Power earlier this year, has issued new guidelines […] Read more
Italy’s Eni Accelerates Shift to Decarbonisation with New Solar Plants in Tunisia and Pakistan Updated On Thu, Mar 14th, 2019 by Saurenergy Eni S.p.A. an Italian oil and gas major has commenced work on the construction of two new solar photovoltaic projects in Pakistan and Tunisia. The Pakistan plant will be built in close proximity to the Bhit gas field at which Eni is the operator with a 40% stake, through its subsidiary Eni New Energy Pakistan. […] Read more
Germany Met 65% of its Weekly Energy Demands From Renewables Updated On Wed, Mar 13th, 2019 by Saurenergy Maintaining the trend of renewables regularly crossing the 50% mark, last week saw them supply 65% of power in Germany. Renewable energy made up 64.8% share of electricity generation in Germany last week, according to solar research institute Fraunhofer ISE. The achievement was mainly due to strong production from wind facilities. You must be wondering […] Read more
MNRE Seeks Suggestions on Draft Guidelines For Installation of Solar Pumps/Plants By Farmers Updated On Wed, Mar 13th, 2019 by Saurenergy Stakeholders have until March 22, 2019, to send their comments/ suggestions/ views on the draft guidelines. The Ministry of New and Renewable Energy (MNRE) has issued a notice inviting suggestions and comments from stakeholders on the draft guidelines for implementation of the scheme for farmers for installation of solar pumps and grid-connected solar power plants. […] Read more
ReNew Power Concludes $375 Mn Green Bond Issue Updated On Wed, Mar 13th, 2019 by Saurenergy The capital raised through the green bond issue will be utilised for refinancing of outstanding external commercial borrowings and as Capex in eligible green projects. ReNew Power Limited, one of India’s largest renewable energy Independent Power Producer (IPP) has successfully concluded a green bond issue of US$ 375 million. The five-year non-call two notes were […] Read more
MNRE Introduces New Mode-7 For Development of RE Parks Updated On Wed, Mar 13th, 2019 by Saurenergy A Payment Security Mechanism will be set up by SECI to ensure continuous payment to the power developers and mitigate any payment risk due to default in payment by Discoms. The Ministry of New and Renewable Energy (MNRE) in order to address the two most critical elements when developing a renewable energy project/park has issued […] Read more
ITI Floats Tender For 270 AC and DC Electric Vehicle Chargers Updated On Wed, Mar 13th, 2019 by Saurenergy The last date of bid submission is March 15, 2019. The Indian Telephone Industries Limited (ITI) has invited Expression of Interest (EOI) for selection of “Business Associates” for the supply, erection and commissioning of 70 AC (Smart) Charging Equipment (Bharat AC 001), 170 DC (Fast) Charging Equipment (Bharat DC 001) and 30 DC Fast Charger […] Read more
Coming up. A 100 MW Solar Park in Bangladesh with Saudi backing Updated On Tue, Mar 12th, 2019 by Saurenergy The AlFanar Group, a leading Saudi construction and manufacturing conglomerate, has agreed to provide a $100 million worth of financing for an upcoming solar project in Bangladesh. Financing has been a challenge for developers in Bangladesh, with projects struggling due to inability of the developers to raise funding.The Riyadh-based Alfanar signed a Memorandum of Understanding […] Read more
L&T Construction Bags Contracts for PT&D Biz worth Rs 1,000 Cr – Rs 2,500 Cr Updated On Tue, Mar 12th, 2019 by Saurenergy Additionally, it has bagged another order for the design and construction of a 15MW grid-connected floating solar farm under Visakhapatnam Smart City project. It is among the biggest floating solar projects in India. The construction arm of Larsen & Toubro, L&T Construction, has secured a number of Engineering, Procurement and Construction (EPC) orders worth Rs 1,000 […] Read more
