China, US & France Top 3 Markets for RE, India Slips to 4th: Report Updated On Fri, May 17th, 2019 by Saurenergy China and US held the top 2 attractive markets’ status for Renewable energy according to EY index while India drops its third position. China and the US remained the most attractive markets for renewable energy in Ernst & Young’s 53rd edition of the Renewable Energy Country Attractiveness Index (RECAI). The next spot was held by France which ranked third […] Read more
Nordex Receives Order For 74 Delta4000 Turbines For 350 MW Wind Project Updated On Wed, May 15th, 2019 by Saurenergy The wind turbines, which will be installed at an Oklahoma wind farm that has a proposed energy generating capacity of 350 megawatts will be delivered and installed in the spring of 2020. European wind turbine maker Nordex Group recently announced that it has bagged an order for supplying 74 wind turbines for a proposed 350 MW wind […] Read more
APICORP Signs $75 Mn Financing Facility with Saudi Renewable Firm Alfanar Updated On Wed, May 15th, 2019 by Saurenergy The 5-year financing facility has been initially designed to support the Saudi-based renewable energy developer’s renewables energy projects, most notably the wind project it is currently developing in Spain. The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, has signed a strategic five year Murabaha financing facility worth USD 75 million with Alfanar […] Read more
SECI’s 250 MW Solar Auction Lowest Tariff Reaches ₹2.87/kWh in Maharashtra Updated On Tue, May 14th, 2019 by Saurenergy The Solar Energy Corporation of India (SECI) successfully auctioned 250 MW of grid-connected solar photovoltaic (PV) power projects in Dondaicha Solar Park (Phase – I), located in Dhule district of Maharashtra. The Talettutayi Solar (Solar Arise) who quoted ₹2.87/kWh to develop 50 MW of solar PV power projects, emerged as the lowest (L1) bidder. Tata […] Read more
Vikram Solar’s Mono and Poly Modules Pass PV Reliability Tests Updated On Tue, May 14th, 2019 by Saurenergy The company submitted its Somera monocrystalline and Eldora polycrystalline modules for accelerated stress testing and characterisation under PVEL LLC’s Product Qualification Program (PQP) 2019. Vikram Solar, one of India’s leading module manufacturers and prominent rooftop solar & EPC solutions provider, recently announced on the sidelines of Inter Solar EU 2019, successful PQP (Product Qualification Program) […] Read more
Gujarat Wind Auction Receives Lowest Bid of Rs 2.80/kWh Updated On Tue, May 14th, 2019 by Saurenergy Anisha Power Projects won the tender with the lowest bid of Rs 2.80/kWh for developing 40 MW wind projects. The Gujarat Urja Vikas Nigam Limited (GUVNL) had in March invited bids for the supply of 1,000 MW from wind power projects to be set up in the state. The state-run power utility last week received […] Read more
Washington Joins 100% Renewable Energy Clan, More May Follow Updated On Thu, May 9th, 2019 by Saurenergy Washington Gov. Inslee gave a green signal to the law that made the state the fifth member of the 100% clean energy list in the US. On May 7, Washington became the latest state to join the clean energy race, when Gov. Jay Inslee signed a law requiring that 100 percent of the state’s electricity […] Read more
NTPC Ordered to Release Bank Guarantees of 3 IPPs in Rajasthan Updated On Thu, May 9th, 2019 by Saurenergy The commission ruled that the retention of the performance bank guarantees by NTPC was illegal and arbitrary. NTPC Ltd. has been ordered by the Central Electricity Regulatory Commission (CERC) to release the performance bank guarantees (PBG) of three independent power producers (IPP) operating in the Bhadla Solar Park in Rajasthan. The commission responded in response […] Read more
Gujarat Tenders for 2,700 MW Renewable Energy Goes Under Subscribed Updated On Wed, May 8th, 2019 by Saurenergy Gujarat’s move to auction renewable power projects totaling 2,700 MW has failed to evoke the desired response from bidders. All the three tenders — floated by the Gujarat Urja Vikas Nigam Limited (GUVNL) from January to March — have been under-subscribed. The tender for 1,000 MW solar power capacity to be built at Dholera Solar […] Read more
