Germany Met 65% of its Weekly Energy Demands From Renewables Updated On Wed, Mar 13th, 2019 by Saurenergy Maintaining the trend of renewables regularly crossing the 50% mark, last week saw them supply 65% of power in Germany. Renewable energy made up 64.8% share of electricity generation in Germany last week, according to solar research institute Fraunhofer ISE. The achievement was mainly due to strong production from wind facilities. You must be wondering […] Read more
ReNew Power Concludes $375 Mn Green Bond Issue Updated On Wed, Mar 13th, 2019 by Saurenergy The capital raised through the green bond issue will be utilised for refinancing of outstanding external commercial borrowings and as Capex in eligible green projects. ReNew Power Limited, one of India’s largest renewable energy Independent Power Producer (IPP) has successfully concluded a green bond issue of US$ 375 million. The five-year non-call two notes were […] Read more
MNRE Introduces New Mode-7 For Development of RE Parks Updated On Wed, Mar 13th, 2019 by Saurenergy A Payment Security Mechanism will be set up by SECI to ensure continuous payment to the power developers and mitigate any payment risk due to default in payment by Discoms. The Ministry of New and Renewable Energy (MNRE) in order to address the two most critical elements when developing a renewable energy project/park has issued […] Read more
Maharashtra Issues Tender For 184 MW Solar Projects for AG Feeders Updated On Wed, Mar 13th, 2019 by Saurenergy The last date for bid submission is April 16, 2019. The Maharashtra State Power Generation Company Limited (MAHAGENCO) has issued a tender inviting online bids for the development of 184 MW of grid-interactive solar PV power plants at various locations in the state. The successful bidder will also have to provide operations and maintenance (O&M) for 25 […] Read more
Telangana Floats Tender For 31.12 MW of Rooftop Solar Projects Updated On Wed, Mar 13th, 2019 by Saurenergy The last date of bid submission is April 8, 2019. The Telangana State Renewable Energy Development Corporation (TSREDCO) has issued a tender for the development of 31.12 MW of grid-connected rooftop solar PV system scheme in Telangana under Net Metering or Captive through RESCO mode. The solar rooftop systems will be developed on vacant building […] Read more
Prez Sanctions Rs 11,814 Cr for Grid Connected Rooftop Solar Programme Phase-II Updated On Tue, Mar 12th, 2019 by Saurenergy However, the Ministry further added that the detailed operational guidelines for implementation of the scheme will be issued separately. The President of India has accorded for phase-II of grid-connected rooftop solar programme for achieving a cumulative capacity of 40 GW from Rooftop Solar (RTS) projects by 2022 with the total central financial support of Rs 11,814 […] Read more
Greenko ropes in Siemens for 46% stake in Poovani Project Updated On Tue, Mar 12th, 2019 by Saurenergy German power and energy major Siemens confirmed on Monday that its financial services arm has picked up 46 percent stake in Greenko Group’s 200 MW Poovani wind power project in Tamil Nadu for an undisclosed amount. Its financial subsidiary Siemens Financial Services (SFS) has signed a definitive agreement with Greenko Group for the 46 percent equity investment, making […] Read more
Will 2 Paise per Unit toll Smoothen the Renewables Road? Speedbreakers remain Updated On Mon, Mar 11th, 2019 by Saurenergy News Reports confirm that the Centre has floated a fresh incentive of 2 paise per unit produced for new projects in states. The latest news of the central government introducing a financial incentive for states when it comes to renewable energy production hopes to tackle two key issues facing developers. land and distribution access for […] Read more
The Solar Sector Needs More Women. Here’s Why Updated On Fri, Mar 8th, 2019 by Saurenergy As Rooftop Solar, Distributed solar and even corporate buying markets develop, its time for the renewable power sector to fix its gender imbalance. On International women’s day, its a good time to put the spotlight on the missing women in the solar power and broader renewable power sector. Among the brightest spots for the Modi […] Read more
