Adani After More Thermal Capacity, Acquires 49% Stake in OPGC Updated On Wed, Jun 24th, 2020 by Saurenergy Adani has picked up a minority stake in Odisha Power Generation Corporation (OPGC) – a thermal power generating company owned by the Government of Odisha. Fresh from its monumental win in the manufacturing linked solar power tender issued by the Solar Energy Corporation of India (SECI), the Adani Group has picked up a minority (49 […] Read more
Canadian Solar Inks 2 PPAs for 274 MW PV Projects in Brazil Updated On Tue, Jun 23rd, 2020 by Saurenergy Canadian Solar, a leading solar photovoltaic (PV) module manufacturer, has recently entered into two private power purchase agreements (PPA) with Braskem S.A. and COPEL Energia for an aggregate 274 MW of capacity of solar power projects in Brazil. Braskem is a Brazilian petrochemical company and is the largest producer of thermoplastic resins in the Americas. It […] Read more
200 MW Reading Wind Facility in Kansas Comes Online Updated On Tue, Jun 23rd, 2020 by Saurenergy Southern Power has announced that the 200 MW Reading Wind Facility in Osage and Lyon Counties, Kansas, is now operational. Southern Power, a leading US wholesale energy provider and a subsidiary of Southern Company, has announced that the 200-megawatt (MW) Reading Wind Facility in Osage and Lyon Counties, Kansas, is now operational. This project, Southern […] Read more
Renewable Enterprise Software Firm Pexapark Raises €6m Funding Updated On Mon, Jun 22nd, 2020 by Saurenergy Zurich, Switzerland based Pexapark has raised €6m in its second funding round. The firm was started up in 2017 by Michael Waldner, Luca Pedretti and Florian Müller, BayWa r.e. Energy Ventures, Encavis, and RP Global are the investors that have invested to back Pexapark’s software and advisory services that help manage financial risk in the […] Read more
SECI again Extended Bid Submission Date for 4MW Floating Solar plus BESS Tender Updated On Fri, Jun 19th, 2020 by Saurenergy In a series of extensions, the tender for 4 MW floating solar with 2 MW/ 1 MWh BESS in North Andaman has also sought extension once again. The Solar Energy Corporation of India (SECI), in its latest notification, has extended the bid submission deadline for its tender for the selection of solar power developers for […] Read more
MoP may Consider Extending ISTS Charges Waiver beyond 2022: RK Singh Updated On Wed, Jun 17th, 2020 by Saurenergy RK Singh has said the MoP may consider extending beyond 2022 the waiver of Inter-state Transmission System (ISTS) charges for renewable energy projects. Union Power Minister RK Singh has said that the power ministry (MoP) may consider extending beyond 2022 the waiver of Inter-state Transmission System (ISTS) charges for renewable energy projects. Last year in November, the ministry had extended […] Read more
8minute Inks Pact with MBCP, SVCE to Develop 250 MW Solar + Storage Project Updated On Tue, Jun 16th, 2020 by Saurenergy Marking its first contract with Community Choice Energy (CCE) providers, 8minute Solar Energy (8minute), a leading independent solar energy and storage projects developer in the US, has executed a power purchase agreement (PPA) with Monterey Bay Community Power Authority (MBCP) and Silicon Valley Clean Energy (SVCE) to set up 250 MW solar plus storage project. […] Read more
SECI Disburses Rs 10.3 Cr in GST Claims to 6 SPDs in May Payments Updated On Tue, Jun 16th, 2020 by Saurenergy SECI has detailed that it has reimbursed six firms or SPDs (across their multiple subsidiary SPVs) for GST claims to the tune of Rs 10.35 crore. The Solar Energy Corporation of India (SECI), the nodal agency for implementing renewable energy projects in the country recently published a list of all the payments (solar/ wind power […] Read more
DESRI Closes Financing of 80 MW Sigurd Solar Project in Utah Updated On Mon, Jun 15th, 2020 by Saurenergy With the beginning of construction on its fourth utility-scale solar project in Utah, D. E. Shaw Renewable Investments (DESRI) has closed the financing of the 80 MW Sigurd Solar project by securing both construction debt and tax equity financing. Commenting on the closing of the financing, David Zwillinger, CEO of DESRI, said that “the COVID-19 crisis […] Read more
