Is Solar Market At Risk of Shutting Out Competition? Updated On Wed, Apr 29th, 2020 by Saurenergy With the Coronavirus pandemic taking a heavy toll on renewable players also, it is interesting to see how the market is panning out in India. No one could have missed the frenetic efforts by the Ministry of new and Renewable Energy (MNRE), under whom the sector falls, to ensure obstacles are removed. And obstacles have […] Read more
Discoms’ Dues to Gencos Surges 31% to Rs 92,674 Cr in Feb Updated On Tue, Apr 28th, 2020 by Saurenergy The outstanding dues of power distribution companies (Discoms) to power generation companies (Gencos) grew by 31.1 percent to Rs 92,674 crore in February 2020, which reflected the continued stress in the power sector. As per the Government of India’s PRAAPTI portal (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators), Discoms […] Read more
After Inox, Swelect Energy Resumes Module Manufacturing at B’luru Plant Updated On Mon, Apr 27th, 2020 by Saurenergy Hours after the announcement of Inox Wind opening up all three of its manufacturing plants, solar energy products manufacturer Swelect Energy Systems Ltd too announced the resumption of operations at its solar photovoltaic (PV) modules manufacturing plant located in Bengaluru effective from April 25, 2020. Most of the companies across the country had earlier in […] Read more
Leeward Closes $162.9 Mn Financing for Wind Farm in Colorado Updated On Fri, Apr 24th, 2020 by Saurenergy US-based independent renewable energy power producer Leeward Renewable Energy (Leeward) has completed USD 162.9 million financings for its 170 MW Mountain Breeze wind farm in Colorado. Leeward is owned by OMERS Infrastructure, the infrastructure arm of one of Canada’s largest defined benefit pension plans. Further, the company will develop, own and operate this wind energy […] Read more
8minute Expands Pipeline to 18 GW with new Solar Plus Storage Plants Updated On Fri, Apr 24th, 2020 by Saurenergy 8minute Solar Energy has added 3 GW of large-scale solar projects to its development pipeline this month, for a total of over 18 GW 8minute Solar Energy has announced that the company has added 3 gigawatts (GW) of large-scale solar projects to its development pipeline this month, for a total of over 18 GW—enough to […] Read more
CEL Seeking Multi-PERC Solar Cells With Efficiency Greater than 19.4% Updated On Fri, Apr 24th, 2020 by Saurenergy CEL has issued a tender for the supply of 1 million multi-crystalline PERC solar cells which have a minimum conversion efficiency of 19.4 percent. Central Electronics Limited (CEL) has issued a tender, seeking bids from legible vendors for the supply of 1 million multi-crystalline PERC solar cells which have a minimum conversion efficiency of 19.4 […] Read more
NHPC Raises Rs 750 Cr at 0.30% Lower Rate for 10 Yrs Updated On Thu, Apr 23rd, 2020 by Saurenergy State-owned NHPC Ltd has raised Rs 750 crore on Thursday through the private placement of bonds at a very competitive interest rate of 6.80 percent per annum. Further, the company has raised the loan amount for a period of 10 years. Its coupon rate is 6.80 percent, which is lowest in the current fiscal and […] Read more
Tender Issued for Installation and Commissioning Package for Solapur Solar Project Updated On Thu, Apr 23rd, 2020 by Saurenergy NTPC has issued a tender for the installation and commissioning package for the Solapur Solar Project in Maharashtra. NTPC Ltd has issued a tender, inviting bids from eligible bidders for the installation and commissioning package for the Solapur Solar Project in Solapur, Maharashtra. The scope of work for the selected bidders will include the installation and […] Read more
I Squared Completes Sale of Largest Solar Platform in Taiwan to Marubeni Updated On Thu, Apr 23rd, 2020 by Saurenergy I Squared Capital has completed the sale of Chenya Energy, the largest solar platform in Taiwan, to Japanese firm Marubeni Corporation. I Squared Capital, through its ISQ Global Infrastructure Fund I, has completed the sale of Chenya Energy to Marubeni Corporation. Chenya Energy is a dedicated solar development, construction and operating platform in Taiwan and […] Read more
