BEST to extend 677 MW PPA with Tata Power Updated On Wed, Jan 2nd, 2019 by Saurenergy This will ensure cheaper power to Mumbai consumers with the added advantage of hydro peaking power at rates which are cheapest in the country. Maharashtra Electricity Regulatory Commission (MERC) has allowed Brihanmumbai Electric Supply and Transport Undertaking (BEST) to extend its existing Power Purchase Agreement (PPA) with The Tata Power for 677 MW supplied from […] Read more
Gujarat Issues Tender for 500 MW Solar Power Updated On Wed, Jan 2nd, 2019 by Saurenergy The lowest capacity a company can bid for is 25 MW and GUVNL will sign a power purchase agreement with the company for 25 years. The lowest capacity a company can bid for is 25 MW and GUVNL will sign a power purchase agreement with the company for a tenure of 25 yearsThe Gujarat Urja […] Read more
SECI Issues RfS for 1200 MW Wind-Solar Hybrid Power Projects Updated On Wed, Jan 2nd, 2019 by Saurenergy The maximum tariff payable to each WPD is fixed at Rs 2.85/kWh for the entire term of 25 years. State-owned Solar Energy Corporation of India (SECI) has issued Request for Selection (RfS) document for setting up of 1200 MW ISTS connected wind power projects (Tranche-VI) on “Build Own Operate” basis. This 1200MW solar-wind hybrid tender […] Read more
Vestas Wins 359 MW Repowering Order in Texas Updated On Fri, Dec 28th, 2018 by Saurenergy Vestas will replace the existing Clipper turbines with V110-2.2 MW turbines at the Trinity Hills, Sherbino Mesa II, and Silver Star wind projects. Vestas has received a 359 MW order to repower a portfolio of three projects in Texas from Phoenix Wind Repower, LLC, which is a portfolio investment of a fund managed by the […] Read more
AB InBev and Lighthouse BP Clinch Deal for 100 MW Solar Power Plant Updated On Wed, Dec 19th, 2018 by Saurenergy With a capacity of 100 MW, the deal is claimed to be the largest ever unsubsidised solar deal in the history of UK. From 2020, Budweiser, the British brewed beer manufactured by AB InBev, will be created using solar energy. Lightsource BP has signed a deal with AB InBev for developing and operating subsidy free […] Read more
MSEDCL Floats Tender to buy 1000 MW Grid-Connected Solar Power Updated On Mon, Dec 10th, 2018 by Saurenergy Setting a ceiling tariff of Rs 2.80 per kilowatt per hour, the distribution company will sign a power purchase agreement for a period of 25 years with the successful bidder. The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has floated a tender for purchasing electricity from 1,000 MW grid-connected solar photovoltaic power projects on a […] Read more
Metro Station of the Aqua Line to be Fully Powered by Solar Energy Updated On Fri, Nov 16th, 2018 by Saurenergy Solar panels will be installed over all 21 stations falling on that line, including the parking area and boundary walls. Being the latest addition to the metro network, station on the ‘Aqua line’, connecting Greater-Noida to Noida will be powered by solar energy. The total energy generation from all the station will be 10MW. Solar […] Read more
Renascent Power to Buy 75% PPGCL under Stressed Asset Resoln Process Updated On Thu, Nov 15th, 2018 by Saurenergy Further, this transaction is the result of stressed asset resolution process initiated by the lenders through a competitive bidding process. Renascent Power Ventures, arm of Resurgent Power, signed a Share Purchase Agreement (SPA) with a consortium of lenders led by State Bank of India (SBI) to acquire 75.01 percent stake in Prayagraj Power Generation Company […] Read more
European Solar Power Market, Forecast to 2025 Updated On Fri, Nov 9th, 2018 by Saurenergy This research presents an analysis of the European solar power market.This study includes an in-depth analysis of the market with a specific focus on nine countries—Austria, Belgium, Germany, Italy, United Kingdom, France, Spain, Turkeyand the Netherland—besides the Nordic Countries and Rest of Europe. End-user groups are residential, commercial & industrial and utility scale.Installed capacity and expected trends in end-user segments vary across countries. […] Read more