BEST to extend 677 MW PPA with Tata Power Updated On Wed, Jan 2nd, 2019 by Saurenergy This will ensure cheaper power to Mumbai consumers with the added advantage of hydro peaking power at rates which are cheapest in the country. Maharashtra Electricity Regulatory Commission (MERC) has allowed Brihanmumbai Electric Supply and Transport Undertaking (BEST) to extend its existing Power Purchase Agreement (PPA) with The Tata Power for 677 MW supplied from […] Read more
Tata Cleantech Capital Raises Rs 180 Cr via Green Bond Updated On Wed, Jan 2nd, 2019 by Saurenergy Further, the bonds have been rated CRISIL AAA/ Stable and the proceeds of the bond will be exclusively applied to finance eligible green projects. Tata Cleantech Capital Ltd, a joint venture between Tata Capital and the International Finance Corporation (IFC), has raised Rs 180 crore through its maiden green bond for 5 years from FMO […] Read more
New Report from Navigant Research Sheds Light on Microgrid Projects Updated On Wed, Jan 2nd, 2019 by Saurenergy Since 2Q 2018, Navigant Research has identified more than 240 additional microgrid projects, representing over 1,239 MW. A new report from Navigant Research presents data on known grid-tied and remote microgrid projects in the planned, developing, and deployed stages across six geographies and seven microgrid segments. Since 2Q 2018,a Navigant Research has identified more than […] Read more
Gujarat Issues Tender for 500 MW Solar Power Updated On Wed, Jan 2nd, 2019 by Saurenergy The lowest capacity a company can bid for is 25 MW and GUVNL will sign a power purchase agreement with the company for 25 years. The lowest capacity a company can bid for is 25 MW and GUVNL will sign a power purchase agreement with the company for a tenure of 25 yearsThe Gujarat Urja […] Read more
SECI Issues RfS for 1200 MW Wind-Solar Hybrid Power Projects Updated On Wed, Jan 2nd, 2019 by Saurenergy The maximum tariff payable to each WPD is fixed at Rs 2.85/kWh for the entire term of 25 years. State-owned Solar Energy Corporation of India (SECI) has issued Request for Selection (RfS) document for setting up of 1200 MW ISTS connected wind power projects (Tranche-VI) on “Build Own Operate” basis. This 1200MW solar-wind hybrid tender […] Read more
EESL Inks Pact for Rs 500 Cr First Long-Term Rupee Loan Updated On Wed, Jan 2nd, 2019 by Saurenergy The Punjab National Bank (PNB)-issued funds will be utilized by the company towards funding its capital expenditure for its flagship programmes including Street Lighting National Programme, Smart Meter National Programme, Solar Substation, and E-Mobility project. Energy Efficiency Services Ltd (EESL), a joint venture of PSUs under the Union Ministry of Power, has raised its first […] Read more
JinkoSolar to Supply 60 MW of Solar Modules in Cambodia Updated On Mon, Dec 31st, 2018 by Saurenergy The solar farm will use more than 200,000 solar modules from JinkoSolar, and will add significantly to Cambodia’s fast-growing renewable capacity. JinkoSolar announced that it is working with SchneiTec Group, a Cambodian real estate developer to build a 60 MW solar farm in Kampong Speu province, Cambodia. The solar farm will use more than 200,000 […] Read more
JinkoSolar and Schneider Electric Donate 55 KW Solar Plant in Egypt Updated On Mon, Dec 31st, 2018 by Saurenergy Prior to completion of the project, the only electricity source of the village was three 30 kW diesel generators supplying the village with electricity. JinkoSolar announced its partnership with Schneider Electric to donate a 55 KW off-grid solar project in Abu Redis, South Sinai, Egypt. The remote village called ABU GHURAQD is located about 30 […] Read more
Vestas Bagged 12 GW of order Worldwide in 2018 Updated On Mon, Dec 31st, 2018 by Saurenergy The 2018 order intake is based on announced orders in all four quarters of 2018 as well as unannounced orders in the first three quarters. With the signing of a 32 MW contract for the extension of the Ulassai wind park in Italy Vestas’ global order intake in 2018 has reached 12,014 MW, clearly passing […] Read more
