CDPQ Increases Stake, now Majority Stakeholder in Azure Power Updated On Wed, Mar 11th, 2020 by Saurenergy Azure Power has announced that CDPQ has acquired additional shares of AZRE, to become a majority stakeholder in the India solar power developer. Azure Power Global Limited (AZRE), a leading independent solar power developer in India, has announced that Caisse de dépôt et placement du Québec (CDPQ), a global institutional investor, has acquired additional shares […] Read more
Canadian Solar Signs PPA for 103 MW Solar Project in Mexico Updated On Wed, Mar 11th, 2020 by Saurenergy Canadian Solar has signed a PPA contract with Techgen to finance and build a 103 MW solar power project located in Zacatecas State, Mexico. Canadian Solar, one of the world’s largest solar power companies, has announced that it has signed a Power Purchase Agreement (PPA) contract with Techgen, an affiliate of Ternium and Tenaris. The PPA […] Read more
GUVNL 500 MW Solar Tender Attracts Only 3 Bids Worth 430 MW Updated On Wed, Mar 11th, 2020 by Saurenergy GUVNL has revealed all the technically qualified bidders for its 500 MW solar PV power projects tender. Receiving only 3 bids worth 430 MW. The Gujarat Urja Vikas Nigam Limited (GUVNL) has revealed all the technically qualified bidders who will now participate in the price bids stage and e-reverse auction for the tender for the […] Read more
Renewable Energy Auctions-Status and Trends Beyond Price Updated On Mon, Mar 9th, 2020 by Saurenergy This recent report from IRENA (International Renewable Energy Agency) looks at the global shift to auctions, when it comes to renewable energy. From lower price discovery to better tracking of project timelines, auctions have been designed to achieve multiple objectives. 111 GW was auctioned off in the period 2017-18. The report details the many benefits, […] Read more
Renewables Generated More Electricity Than Coal in the US Last Month Updated On Mon, Mar 9th, 2020 by Saurenergy Renewable energy (utility-scale solar, wind and hydropower) sources generated more electricity than coal plants in the US in February In the dead of winter, renewable energy (utility-scale solar, wind and hydropower) sources generated more electricity than coal plants in the US in February. Specifically, according to data from the US Energy Information Administration’s (EIA’s) new […] Read more
Rs 22,000 per kW Solar Rooftop in Punjab. Reality Bites Updated On Mon, Mar 9th, 2020 by Saurenergy Rs 22,200 per kW. Yes, that was the final rate arrived at after a call for grid-connected solar rooftop bidding from vendors looking to get empaneled with the Punjab State Power Corporation Limited (PSPCL). This was after the L1 rate of Rs 37,000 received for 1 kWp – 10 kW category. After the 40 percent […] Read more
EESL Tenders for Rooftop Solar Projects Worth 20 MW in Andhra Pradesh Updated On Mon, Mar 9th, 2020 by Saurenergy EESL has issued a tender for setting up rooftop solar PV power projects worth 20 MW in Andhra Pradesh. The Energy Efficiency Services Limited (EESL) has issued a tender for setting up of grid-connected rooftop solar PV power projects worth 20 MW in Andhra Pradesh. According to the tender document, the systems will be installed […] Read more
Total to Develop 25 MW of Solar Rooftop Projects in Thailand Updated On Mon, Mar 9th, 2020 by Saurenergy Total has signed a binding contract to provide 25 MW of solar rooftops for 24 facilities of one of the largest food companies in Thailand, Betagro. Total through its affiliate Total Solar Distributed Generation has signed a binding contract to provide 25 megawatt-peak (MW) of solar rooftops for 24 facilities of one of the largest […] Read more
New Roadmap Drawn to Make J&K Energy Surplus by 2025 Updated On Mon, Mar 9th, 2020 by Saurenergy J&K Power Development Corporation has drawn a roadmap to make the Union Territory energy surplus by 2025 by harnessing its large hydel power potential. The Jammu and Kashmir (J&K) Power Development Corporation has drawn a roadmap to make the Union Territory energy surplus by 2025 by harnessing its large hydel power potential. This was disclosed […] Read more
