Karnataka’s Pavagada Reaches 1850 MW Milestone with 100MW Avaada Commissioning Updated On Thu, Nov 21st, 2019 by Saurenergy The Pavagada Solar Park, a showpiece project for the Government of Karnataka as well as the International Solar Alliance (ISA) for its massive capacity (2050 MW) and the way it managed all stakeholders including land owners, has just reached another milestone. Industry sources say that Avaada Energy has commissioned 100 MW at the park, taking […] Read more
Europe to Lead RE Cost Reductions for Offshore Wind Through 2028 Updated On Wed, Nov 20th, 2019 by Saurenergy The levelised cost of energy (LCOE) in Europe for bottom-fixed offshore wind will fall from an average of USD 133/MWh in 2019 to USD 51/MWh in 2028 Europe’s levelised cost of energy (LCOE) for bottom-fixed offshore wind will fall from an average of USD 133/MWh in 2019 to USD 51/MWh in 2028, according to new […] Read more
Octopus Acquires 9 Wind Farms from RES Group in $110 mn Deal Updated On Fri, Nov 15th, 2019 by Saurenergy Octopus Renewables has agreed to purchase 9 wind energy farms in the UK, France and Ireland from RES Group for USD 110 million Octopus Renewables has agreed to purchase nine wind energy farms in the UK, France and Ireland from RES Group for a reported fee in the region of GBP 100 million (USD 110 […] Read more
No Backing Down by AP On PPA’s with RE Firms Updated On Wed, Nov 13th, 2019 by Saurenergy With its latest move to challenge the High Court ruling of September 24, that barred it from renegotiating existing PPA’s with many RE players, and put the onus on the APSERC, the Andhra state government continues to muddy the investment climate for renewables. In fact, as and when an analysis is finally done on the […] Read more
REIL Tenders for 2 MW Solar Energy Plant Updated On Fri, Nov 8th, 2019 by Saurenergy REIL has issued a tender, inviting bids from eligible bidders for setting up of 2 MW solar energy power plant in Rajasthan. Rajasthan Electronics and Instruments Limited (REIL) has issued a tender, inviting bids from eligible bidders for setting up of 2 MW solar energy power plant at the MES Barmer Jalipa Station, Rajasthan. The […] Read more
11 GW Solar & 6 GW Wind, RE Installations in India to Peak Next Year Updated On Fri, Nov 8th, 2019 by Saurenergy A new report has predicted that with 11 GW of new solar additions and 6 GW of wind capacity, renewable energy installations in India will peak in 2020 The utility-scale solar segment in India saw an addition of 4 GW in the first three quarters of 2019 and is expected to add another 4.5 GW […] Read more
Google, AES Strategic Alliance to Bolster RE Adoption Updated On Fri, Nov 8th, 2019 by Saurenergy AES and Google to accelerate the growth and adoption of renewable energy by leveraging Google Cloud technology to pioneer innovation in the sector. The AES Corporation has announced that it is entering into a 10-year strategic alliance with Google to accelerate the growth and adoption of clean energy by leveraging Google Cloud technology to pioneer […] Read more
Azure Power Inks Subscription Pact to Raise $75 Mn Updated On Thu, Nov 7th, 2019 by Saurenergy Gupta further said “with this capital raise, our current committed projects will be fully equity funded.” Country’s one of the largest solar power developers and operators Azure Power has signed a subscription pact to raise USD 75 million via private placement of over sixty four lakh equity shares at USD 11.55 per share to Caisse de depot et placement […] Read more
SECI Extends Deadlines for 2 More Solar Energy Tenders Updated On Thu, Nov 7th, 2019 by Saurenergy SECI has announced the extension in the bid submission deadline for two solar tenders, the 7 GW manufacturing linked and the 1.95 MW with BESS in Lakshadweep. The Solar Energy Corporation of India (SECI) has announced the extension in bid submission deadline for two tenders, the 7 GW manufacturing linked solar tender and the tender […] Read more
