Islamic Development Bank To Offer Insurance/Finance For RE Projects Updated On Wed, Jan 25th, 2023 by Saurenergy In a bid to promote the development of renewable energy projects, the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the insurance arm of the Islamic Development Bank (IsDB) Group, has signed an MoU with Abu Dhabi Future Energy Company or Masdar. Under the MoU, the bank and Masdar agree to co-operate […] Read more
NTPC Issues BOS Tender for ISTS Connected Wind Projects Worth 1 GW in Gujarat Updated On Tue, Jan 24th, 2023 by Saurenergy The wholly-owned subsidiary of NTPC, NTPC Renewable Energy has issued a mega tender for the balance of system package of ISTS-connected wind power projects worth 1 GW in Gujarat. The tender marks one of the larger push for onshore wind in India, a sector that has been noticeably lagging solar power growth in the past […] Read more
CERC Asks SECI to Pay Azure Subsidiary Additional Project Cost Following Safeguard Duty Norms Updated On Mon, Jan 23rd, 2023 by Saurenergy The Central Electricity Regulation Commission has directed SECI to recompense Azure Power FortyOne, a subsidiary of Azure Power India, on the incremental posts costs along with additional costs as incurred by the firm due to the imposition of safeguard duty. The duty led to the shot up of the project cost for Azure. Further, the […] Read more
Pexapark and AFRY launch Daily Valuation Curve For Renewable Projects Updated On Mon, Jan 23rd, 2023 by Saurenergy Switzerland based Pexapark has joined Sweden based AFRY management consulting to formally launch the ‘Daily Valuation Curve’, a new pricing data offering that will give investors and lenders greater certainty over the lifetime value of renewable energy projects. Announced in Q4 2022, the Daily Valuation Curve seamlessly combines Pexapark’s market-based price approach, used by 150+ […] Read more
KPI Green Energy Commissions 25 MW Solar Project for Greenlab Diamonds Updated On Mon, Jan 23rd, 2023 by Saurenergy Surat-headquartered KPI Green Energy has announced that it has commissioned a 25 MW solar power project for Greenlab Diamonds in Surat. It held that the new solar power project is part of its captive power producer (CPP) segment. KPI Green Energy has shared this information with stock exchanges. In a different stock exchange filing, KPI […] Read more
MP’s Neemuch 15 MW Wind, 21 MW Solar Project Withdrawn; Uncertainty Over Other Projects Updated On Mon, Jan 23rd, 2023 by Saurenergy It was only a week ago that the mayor-in-council of the Bhopal Municipal Corporation (BMC), Malti Rai had given the green signal to a 15 MW wind power and a solar energy project with 21 MW of capacity slated for establishment in Neemuch, Madhya Pradesh. The proposal for the projects was withdrawn before it could […] Read more
Lightsource Bp Agrees to Sell 247 MW Spanish Solar Projects Updated On Mon, Jan 23rd, 2023 by Saurenergy Lightsource bp, United Kingdom based solar energy player, has announced that it has agreed the sale of its 247MW solar photovoltaic (PV) project to Plenium Partners and Bankinter Investment. The two purchasing firms are independent renewable energy investors. Lightsource bp said that the objective of the sale is to support its growth across the sector. […] Read more
Revolutionizing Solar Energy Integration: The MARS Project and Electric Grids Updated On Mon, Jan 23rd, 2023 by Saurenergy A new era of energy systems dominated by green and renewable solar power is approaching. As the transition comes to fruition, it’s important to understand the type of current the grids use – Alternating Current (AC) – and to ensure solar integration without much hassle. Despite its benefits, solar energy involves a complex and lengthy […] Read more
Modules for Egypt’s Largest PV Project to be Supplied by JA Solar Updated On Sun, Jan 22nd, 2023 by Saurenergy International solar cell and module manufacturing maker JA Solar has signed an agreement with AMEA Power, a UAE-based power developer. The firm has joined hands with a consortium consisting of China Energy Engineering Group, China Energy International Group and Zhejiang Thermal Power Construction aimed at the supply of integrated solutions for gigawatt-scale wind and photovoltaic […] Read more
