Indian Railways Issues Tender for 2 MW Solar Projects Near Delhi Updated On Wed, Jan 16th, 2019 by Saurenergy The last date for submission of bids is January 28, 2019. Railway Energy Management Company Limited (REMCL), a joint venture of India Railways and RITES Ltd., incorporated to manage Energy Management portfolio of Indian Railways, on behalf of Northern Railway (NR) has invited proposals from contractors/firms for setting up of 2 MW Solar PV Power […] Read more
Adani Energy Acquires 100% Stake in Kodangal Solar Parks Updated On Tue, Jan 15th, 2019 by Saurenergy The amount paid by Adani Green for the acquisition of the 107,100 equity shares is Rs 158.04 per share, which totals to approximately Rs 1.69 crore. Adani Green Energy (AGE) in a filing to the Securities and Exchange Board of India (SEBI), recently announced that it has acquired the remainder of the 51 percent equity share capital […] Read more
Amendments to Guidelines for Tariff Based Bidding on Solar Projects Updated On Thu, Jan 10th, 2019 by Saurenergy MNRE has made amendments to the guidelines for the bidding process of solar photovoltaic projects. Issuing changes in the bid submission deadline, the period of financial closure and commissioning period The Ministry of New and Renewable Energy (MNRE) has issued a notification with amendments to the guidelines for the tariff-based competitive bidding process for […] Read more
Haryana Issues Tender for 300 MW Solar Plant Updated On Mon, Jan 7th, 2019 by Saurenergy In case of excess generation, the developer will be free to sell it to other entities in case the discom refuses to purchase the excess power. In order to increase the share of renewable energy in the state and to fulfill Haryana’s renewable purchase obligation, Haryana Power Purchase Centre (HPPC) has issued a proposal (RFS) […] Read more
Clearway Energy Signs PPA for 75 MW Hawaiian Solar Projects Updated On Fri, Jan 4th, 2019 by Saurenergy Apart from these two projects, Clearway Solar also has three other projects in development which will be completed in 2019. Clearway Energy Group which has its headquarters in San Francisco has signed a power purchase agreement with utility Hawaiian Electric Company for solar projects of a combined 75 MW capacity. The two projects comprise of […] Read more
Ørsted Puts Taiwan’s 900 MW Offshore Wind Project on Hold Updated On Thu, Jan 3rd, 2019 by Saurenergy The deadline for signing the 2018 PPA was extended to 2 January 2019 and Taiwan’s Bureau of Energy failed to do so by the deadline. Due to a delay by the Taiwan’s Bureau of Energy in issuing an establishment permit and signing the power purchase agreement (PPA), Ørsted has decided to pause and revisit project […] Read more
Leclanché to Complete 100 MW of Storage Projects Updated On Wed, Jan 2nd, 2019 by Saurenergy Leclanché’s Lithium Titanate Cells (LTO)-based Battery Energy Storage System was selected to power this landmark project. Leclanché SA, one of the world’s leading energy storage solutions companies, was expected to complete more than 100 MWh of stationary storage projects around the world. Anil Srivastava, CEO of Leclanché announced during the 2018 Extraordinary General Meeting (EGM) […] Read more
SECI Invites Bids for 7.5GW Solar Projects in Leh, Kargil Updated On Wed, Jan 2nd, 2019 by Saurenergy Moreover, SECI will enter into the Power Purchase Agreement (PPA) with the successful bidders for purchase of solar power for a period of 35 years. The government-backed Solar Energy Corporation of India (SECI) has issued a Request for Selection (RfS) document for selection of solar power developers for setting up of 7500 MW grid-connected solar […] Read more
35% Drop in Tariff After Commissioning Delay Updated On Fri, Dec 28th, 2018 by Saurenergy Waaneep had entered into a power purchase agreement with APSPDCL at a tariff of Rs 5.76/kWh for a 25 MW solar power project. The Andhra Pradesh Electricity Regulatory Commission has given its nod to an amendment in the existing Power Purchase Agreement which was drafted by Southern Power Distribution Company of Andhra Pradesh Ltd (APSPDCL). […] Read more