SECI Extends Deadline for 7.5 GW Leh and Kargil Solar Tender Updated On Fri, Nov 29th, 2019 by Saurenergy SECI has extended the deadline for bid submission on its tender for the development of a 7.5 GW solar projects in Leh and Kargil The Solar Energy Corporation of India (SECI) has announced that it has extended the deadline for bid submission on its tender for the development of a 7.5 GW ultra mega solar […] Read more
Total Commissions New Caledonia’s Largest Solar Plant with Storage Updated On Fri, Nov 29th, 2019 by Saurenergy Total Quadran has announced that it has commissioned the Hélio Boulouparis 2, the largest solar power plant with energy storage in overseas France. Total Quadran, a wholly-owned Total subsidiary involved in the production of renewable electricity in France and its overseas territories, has announced that it has commissioned the Hélio Boulouparis 2, the largest solar power plant […] Read more
ADB Provides $250 mn to EESL to Expand Energy Efficiency Investments in India Updated On Thu, Nov 28th, 2019 by Saurenergy ADB has approved a loan of USD 250 million as part of an assistance package to EESL to expand energy efficiency investments in India. The Asian Development Bank (ADB) has approved a loan of USD 250 million as part of an assistance package to Energy Efficiency Services Limited (EESL), a public sector energy service company, […] Read more
EIB Grants €50 mn Loan to Iberdrola for 111 MW Wind Farm in Spain Updated On Thu, Nov 28th, 2019 by Saurenergy EIB will provide EUR 50 million in financing to an Iberdrola and Caja Rural de Navarra JV, to build wind energy projects worth a combined 111 MW in Spain The European Investment Bank (EIB) has announced that it will provide EUR 50 million in financing to Renovables de la Ribera, a 50-50 joint venture between Iberdrola and […] Read more
Another Stable Year of Growth for Wind Energy With China in the Lead Updated On Wed, Nov 27th, 2019 by Saurenergy The wind power energy industry saw a fall of 3.6 percent fall when compared to 2017’s growth, however, GWEC claims that the growth has been stable The wind power energy industry installed 51.3 gigawatts (GW) of new capacity last year, a 3.6 percent fall when compared to 2017’s growth, the Global Wind Energy Council (GWEC) […] Read more
India’s Wind Energy Sector Enters A Slump Formally, As 2.4 GW of NTPC Auctions at Risk Updated On Wed, Nov 27th, 2019 by Saurenergy If the poor response to the August tender for 1200 MW was not enough, comes the news that even the 1200 MW tender of NTPC in August last year has run into serious trouble. The tender, which had received bids ranging from Rs 2.77 to Rs 2.83 from developers including Renew Power, Hero Future Energies, […] Read more
IFC Eclipses $10 bn in Climate Finance Investments Since 2006 Updated On Tue, Nov 26th, 2019 by Saurenergy IFC has surpassed USD 10 billion in climate finance investments in financial institutions in emerging markets since 2006. IFC, a member of the World Bank Group, has announced that it has surpassed USD 10 billion in climate finance investments in financial institutions in emerging markets since 2006, a milestone that reflects the Corporation’s commitment to […] Read more
Net Metering to be Permitted Until Capacity Surpasses 500 MW in Haryana Updated On Tue, Nov 26th, 2019 by Saurenergy HERC has issued a revised version of its regulations for rooftop solar grid-interactive systems based on net metering in Haryana The Haryana Electricity Regulatory Commission (HERC) in response to a petition filed by the Haryana Renewable Energy Development Agency (HAREDA), has issued a revised version of its regulations for rooftop solar grid-interactive systems based on […] Read more
Mitsubishi-Chubu Consortium to buy Eneco for EUR 4.1 bn Updated On Tue, Nov 26th, 2019 by Saurenergy Eneco and a consortium of Mitsubishi and Chubu have reached an agreement on the proposed sale of all shares in Eneco for a total value of EUR 4.1 billion. Netherlands based producer and suppliers of natural gas, electricity and heat, Eneco has announced that the shareholders’ committee, Eneco and a consortium of Mitsubishi Corporation and […] Read more