Azure Power Inks Subscription Pact to Raise $75 Mn Updated On Thu, Nov 7th, 2019 by Saurenergy Gupta further said “with this capital raise, our current committed projects will be fully equity funded.” Country’s one of the largest solar power developers and operators Azure Power has signed a subscription pact to raise USD 75 million via private placement of over sixty four lakh equity shares at USD 11.55 per share to Caisse de depot et placement […] Read more
Growatt Strengthens Footprint in Mexico; Hikes Investment in 2 Yrs Updated On Wed, Nov 6th, 2019 by Saurenergy Now, in order to further strengthen its market position, the inverter manufacturer has started providing professional training to its local partners. With an aim to strengthen its presence in the Mexican market, Chinese photovoltaic (PV) inverters maker, Growatt, is expanding its business activities including investment and training in Mexico. Recently, the inverter major conducted its […] Read more
KSEB to Modify PSA for 200 MW Wind Power Signed with SECI Updated On Wed, Nov 6th, 2019 by Saurenergy KSERC has asked state Discom KSEB to modify its PSA that it had signed with the SECI for procuring 200 MW wind energy. The Kerala State Electricity Regulatory Commission (KSERC) has in its latest order, asked state Discom Kerala State Electricity Board (KSEB) to modify its Power Sale Agreement (PSA) that it had signed with […] Read more
INOX Wind Flies on Back of 38 MW Wind Order from ReNew Updated On Mon, Nov 4th, 2019 by Saurenergy INOX wind, the listed supplier and operator of wind power plants, has announced a fresh order for 38 MW from Renew Power. The company in its press filing to the exchange said that it has bagged the order for the wind power project to be developed at Anjar in the State of Gujarat from ReNew Power […] Read more
At Rs 2.71, Developers Hold Their Ground on SECI’s ISTS-VI Auction Updated On Fri, Nov 1st, 2019 by Saurenergy In the latest auction for 960 MW of inter-state transmission system (ISTS-VI) connected solar projects, SECI has declared ReNew Power (300 MW) at Rs 2.71 /kWh, Avaada Energy (300 MW) at Rs 2.71 /kWh, Masaya Solar Energy (UPC Renewables) (300 MW) at Rs 2.71/kWh, and Tata Power (60 MW) at Rs 2.72 /kWh as winners. For […] Read more
SECI Extends Deadline for Manufacturing-Linked Tender, Again Updated On Wed, Oct 30th, 2019 by Saurenergy SECI has extended the bid submission deadline for the 7 GW manufacturing linked solar tender. The Solar Energy Corporation of India (SECI) has issued a notification extending the bid submission deadline for the 7 GW manufacturing linked solar tender, yet again. In its latest amendment, the agency has extended the deadline for the tender from […] Read more
Watch: Interview with Abhijeet Gupta, Director, Radite Group Updated On Fri, Oct 25th, 2019 by Saurenergy Radite Energy is a fast growing EPC company that earned a name with its successful EPC execution of large solar projects. It has also been involved with work on boundary fencing, telecom towers set up, electric vehicle charging infrastructure, besides services like operation and maintenance, equipment hiring and manpower hiring. In an exclusive interview […] Read more
Commonwealth of Virginia to Purchase 420 MW Renewable Energy Updated On Sat, Oct 19th, 2019 by Saurenergy State-owned buildings and facilities in Virginia will soon be powered with renewable energy under a new agreement between the Commonwealth and Dominion Energy State-owned buildings and facilities in Virginia will soon be powered with renewable energy sources like wind and solar energy projects under a new agreement between the Commonwealth and power utility Dominion Energy. […] Read more
SECI Reschedules Pre-Bid Meeting for Amended Manufacturing Linked Tender Updated On Thu, Oct 17th, 2019 by Saurenergy SECI has announced that the second pre-bid meeting for its recently amended manufacturing linked solar tender has been postponed to October 21, 2019. The Solar Energy Corporation of India (SECI) has announced that the second pre-bid meeting for its recently amended manufacturing linked solar tender has been postponed from October 17, 2019, to October 21, […] Read more