Duke Energy Completes Acquisition of 150 MW Solar Project From Clearway Energy Group Updated On Tue, Apr 23rd, 2019 by Saurenergy The project becomes the companies sixth solar generation facility in Kern County. Duke Energy Renewable, a wholly-owned subsidiary of North Carolina based power holding company Duke Energy has acquired the 150-megawatt (MW) North Rosamond solar project in Kern County, California from Clearway Energy Group. The project becomes the companies sixth solar generation facility in Kern […] Read more
At a Loss For Bids, SECI Extends 3 GW Manufacturing Linked Tender Again Updated On Tue, Apr 23rd, 2019 by Saurenergy The deadline for submission has been extended from April 22, 2019, to May 14, 2019. The Solar Energy Corporation of India (SECI) has extended the deadline for bid submission on its tender for setting up 3 GW ISTS-Connected solar PV power plant linked with setting up of 1.5 GW (per annum) solar manufacturing plant. The […] Read more
ILFS close to a deal with GAIL for Wind Assets at Rs 4700 crores Updated On Tue, Apr 23rd, 2019 by Saurenergy Public Sector Gas Utility GAIL has made the highest offer for the wind assets of scam-hit ILFS In a release from ILFS, the New Delhi based public sector gas major, Gas Authority of India Limited (GAIL) has made the highest binding bid for its wind assets. The deal, if consummated, would include seven wind power […] Read more
Touchdown – Solar Power Makes a Smooth Landing at Indian Airports Updated On Mon, Apr 22nd, 2019 by Saurenergy With over 100 operational airports, civil aviation in India has emerged as one of the fastest growing sectors in the country during the last three years. India is currently considered the third largest domestic civil aviation market in the world. India’s passenger traffic grew at 16.52 per cent year on year to reach a whopping […] Read more
Uttar Pradesh Approves Bids For Development of 100 MW Floating Solar Projects Updated On Sat, Apr 20th, 2019 by Saurenergy The commission stated that their approval must not be considered as approval for tariff adoption. For the adoption of the tariff, a separate petition needs to be filed. The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved the opening and finalisation of bids submitted by ReNew Power for the development of 100 MW of floating solar […] Read more
Swap Kerosene Subsidies for Solar To Improve Power Supply: Report Updated On Thu, Apr 18th, 2019 by Saurenergy The Clean Energy Swap, as per the study, supports kerosene to solar swap that will reallocate finances away from kerosene, promoting cleaner lighting fuels for unelectrified or underserved consumers. An independent study by the International Institute for Sustainable Development (IISD) and The Energy and Resources Institute (TERI) shows that switching subsidies from kerosene to off-grid […] Read more
LONGi To Invest US$875 Million for Production Capacity Expansion in 2020 Updated On Thu, Apr 18th, 2019 by Saurenergy The company had recently announced a new 1GW mono-Si cell plant would be built in Malaysia at the Shama Jaya Free Industrial Park, Kuching City, Sarawak, Malaysia at a cost of approximately US$125.5 million. Leading monocrystalline wafer producer LONGi Green Energy Technology is planning to invest around US$875.7 million in expanding its Czochralski-based monocrystalline silicon […] Read more
Delhi Metro Plans to Run All Operations on Solar Energy by 2021 Updated On Wed, Apr 17th, 2019 by Saurenergy The corporation will start getting 99 MW solar energy from the 750 MW Solar Power Park in Rewa, Madhya Pradesh from May 2019. Delhi Metro Rail Corporation (DMRC) which currently meets nearly 60 percent of its electricity needs from solar energy, plans to drive up that number to meet all its energy needs from clean […] Read more
Sterling & Wilson Solar files for Rs 4,500 crore-IPO with SEBI Updated On Wed, Apr 17th, 2019 by Saurenergy The company’s revenue from operations in the first nine months of 2018-19 went up by 83 % to Rs 5,915 crore while net profit jumped 98 % to 343 crore during the period. Shapoorji Pallonji Group’s renewable energy arm Sterling and Wilson Solar today filed Draft Red Herring Prospectus (DRHP) with market regulator Securities and […] Read more