Andhra Pradesh Releases New Wind-Solar Hybrid Policy Updated On Mon, Jan 7th, 2019 by Saurenergy The Government of Andhra Pradesh has set a target to achieve 18,000 MW of renewable energy capacity by the year 2021-22. Keen to harness the huge solar and wind potential of Andhra Pradesh, the state has launched its new ‘Andhra Pradesh Wind-Solar Hybrid Power Policy – 2018’. The Government of Andhra Pradesh has set a […] Read more
Vibrant Gujarat to See RE Deals Worth Rs 50,000 Cr Updated On Mon, Jan 7th, 2019 by Saurenergy Gujarat Power Corp Ltd, owned by the Gujarat government, will be laying the foundation stone for one of the biggest solar power park. The 9th edition of the Vibrant Gujarat Global Summit 2019 (VGGS) which is happening from January 18th to 20th, 2019, is expected to witness investment commitment of a massive Rs 50,000 crore […] Read more
EBRD Issues 600 Mn Euro Green Bonds Updated On Fri, Jan 4th, 2019 by Saurenergy The proceeds of EBRD’s bonds are earmarked to support a specific portfolio of environmentally and socially sustainable projects. The European Bank for Reconstruction and Development (EBRD) has issued a five-year 600 million euro ($685 million) green bond, the bank said in a statement. This transaction represents EBRD’s inaugural benchmark Green Bond in the EUR market, […] Read more
NTR Secures 229 million Euros in Second Renewable Energy Fund Updated On Fri, Jan 4th, 2019 by Saurenergy The fund is targeting €500 million and will invest in both pre-construction and operational onshore wind and solar projects across markets. Irish green asset manager, NTR plc has announced 2it has secured funding of 229 million euros for the NTR Renewable Energy Income Fund II, of which €145 million has been secured for the fund’s […] Read more
Oakridge Energy Raises Line of Credit for Residential Rooftop Solar Updated On Fri, Jan 4th, 2019 by Saurenergy Oakridge will use this money to offer payment plans to home owners who install solar rooftop plants with easy repayment options. One of North India’s leading residential rooftop solar companies, Oakridge Energy has raised the first line of credit from the Indian arm of Dutch social impact investor Oikocredit. The credit has been provided for […] Read more
Clearway Energy Signs PPA for 75 MW Hawaiian Solar Projects Updated On Fri, Jan 4th, 2019 by Saurenergy Apart from these two projects, Clearway Solar also has three other projects in development which will be completed in 2019. Clearway Energy Group which has its headquarters in San Francisco has signed a power purchase agreement with utility Hawaiian Electric Company for solar projects of a combined 75 MW capacity. The two projects comprise of […] Read more
Sao Mai Group and HD Bank Sign Agreement for 210 MW Solar Park in Vietnam Updated On Fri, Jan 4th, 2019 by Saurenergy Sao Mai Solar PV1 is one of the largest scale projects in Southeast Asia built on an area of 275 hectares, with a capacity of 210 MW. One of the largest conglomerate in Vietnam, Sao Mai Group has signed an agreement with HD bank for the development of 210 MW capacity power plant in An […] Read more
BSES and SECI Sign Agreement for 200 MW Wind Energy Updated On Fri, Jan 4th, 2019 by Saurenergy The two discoms will procure capacity from SECI which will act as an intermediary procurer, a company statement said. Power discoms owned by Reliance Infrastructure in Delhi, BSES Yamuna (BYPL) and BSES Rajdhani (BRPL) have signed an agreement with Solar Energy Corporation of India (SECI) for sourcing 200 MW wind power at Rs 2.84 for […] Read more
KERC Proposes Generic Tariff for Wind Projects at Rs 2.95/KWh Updated On Fri, Jan 4th, 2019 by Saurenergy After finalizing the proposal and getting approvals, this will become the ceiling tariff for wind tenders in the state of Karnataka during the FY. Bringing uniformity to the wind power space in Karnataka, The Karnataka Electricity Regulatory Commission has proposed the generic tariff for the year 2019-20 at Rs 2.95 per kilowatt hour. After finalizing […] Read more