GIP to Acquire MAP Energy’s RE Business With Interest in 16 GW of Projects Updated On Wed, Dec 30th, 2020 by Saurenergy Global Infrastructure Partners (GIP) has announced the acquisition of MAP® RE/ES, the renewable energy business of MAP® Energy. Global Infrastructure Partners (GIP), a leading global, independent infrastructure investor, has announced the acquisition of MAP® RE/ES, the renewable energy business of MAP Energy. GIP’s fourth flagship fund, GIP IV, will acquire 100 percent of the MAP RE/ES investment […] Read more
Pre-bid Meeting for SECI’s 1200 MW Wind Tender to be Conducted Virtually Updated On Wed, Dec 30th, 2020 by Saurenergy SECI has announced that the pre-bid meeting for its 1200 MW (Tranche-X) wind tender will be conducted virtually through video-conferencing. The Solar Energy Corporation of India (SECI) has announced that the pre-bid meeting for its tender for selection of Wind Power Developers (WPDs) for setting up of 1200 MW ISTS-connected wind power projects in India […] Read more
SECI Closes 1.2 GW Hybrid Tender Issued in January, Lowest Bid at Rs 2.41/kWh Updated On Thu, Dec 24th, 2020 by Saurenergy SECI has finally closed its tender for setting up of a 1.2 GW hybrid projects in India with 3 firms submitting the lowest bid of Rs 2.41/kWh The Solar Energy Corporation of India (SECI) has finally closed its tender for setting up of a 1.2 GW ISTS-Connected solar-wind hybrid power projects in India under Tranche-III. […] Read more
MUFG Gets Green Certification for Softbank’s 900 MW PV Project in India Updated On Thu, Dec 24th, 2020 by Saurenergy MUFG Bank has acted as the sole green structuring advisor for a USD 333 million financing deal for SoftBank’s 900 MW solar project in India. MUFG Bank has announced that it has acted as the sole green structuring advisor for a USD 333 million financing deal for SoftBank’s latest and largest solar project in India. […] Read more
RERC Sets Tariff of Rs 6 per unit Applicable on EV Charging Stations Updated On Wed, Dec 23rd, 2020 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) has released a draft Suo-Motu order on the matter of Charging Infrastructure, Tariffs, and other regulatory issues for Electric Vehicles on December 21, 2020. Promoting Electric Vehicles and their Impact on the Grid, they declared the applicable tariffs on the EV public charging stations (PCS) of Rs 6 per […] Read more
SECI Issues RfS for 1200 MW ISTS-Connected Wind Projects in India Updated On Tue, Dec 22nd, 2020 by Saurenergy SECI has issued the RfS for the selection of developers for setting up of 1200 MW ISTS-connected wind power projects in India (Tranche-X). The Solar Energy Corporation of India (SECI) has issued a Request for Selection (RfS) for the selection of wind power developers (WPD) for setting up of 1200 MW ISTS-connected wind power projects […] Read more
“EEG-Novelle”, New Renewable Energy Law For Germany Updated On Sat, Dec 19th, 2020 by Saurenergy The parliament of Germany has approved a draft of the reform of the new renewable energy law called “EEG-Novelle.” With the new provisions, several changes will be introduced for the PV sector. One of the most important ones is the exemption from the payment of the EEG-levy, which is usually applied to all power producers […] Read more
ICRA Grants First ‘Stable’ Rating to GMPL in EV Bus Segment India Updated On Fri, Dec 18th, 2020 by Saurenergy ICRA has assigned [ICRA]A- (Stable) to Greencell Marudhara Private Limited, GMPL, the EV bus fleet operator for RSRTC in Rajasthan. Investment Information and Credit Rating Agency of India Limited (ICRA) has assigned A- (Stable) to Greencell Marudhara Private Limited, GMPL, the electric vehicle bus fleet operator for the Rajasthan State Road Transport Corporation (RSRTC) in […] Read more
The Top 5 PSUs With Big Solar Plans For India Updated On Fri, Dec 18th, 2020 by Saurenergy India’s electricity mix is where the country hopes to make the biggest gains, when it comes to its contribution to cutting carbon emissions. Currently, the country’s sources of power generation range from conventional sources such as coal, lignite, natural gas, oil, hydro and nuclear power to viable non-conventional sources such as wind, solar, and agricultural […] Read more