BlackRock Sells 14 French Solar Projects to International Consortium Updated On Wed, Dec 5th, 2018 by Saurenergy The move will mark the first realization for BlackRock’s renewable power platform and offers Samsung, Samchully AMC and Schroders an attractive foothold into the European renewables power market. BlackRock Real Assets has reached an agreement with the Consortium of Samsung Securities as the financial investor, Samchully Asset Management as the asset manager with Schroder AIDA […] Read more
Tariff Drops Further in Uttar Pradesh Solar Project Auction Updated On Tue, Dec 4th, 2018 by Saurenergy The lowest price for the bid was quoted by National Thermal Power Corporation at Rs 3.04 per unit; NTPC won 85 MW of the capacity. A commissioning deadline of 21 months has resulted in refreshingly low winning tariff in an solar project auction by the UP New and Renewable Energy Development Agency (UPNEDA). The 500 […] Read more
AfDB Approves ZAR 3Bn for 100MW Solar Project in SA Updated On Mon, Dec 3rd, 2018 by Saurenergy The solar power project, which is located in the Humansrus Solar Park, Northern Cape Province of SA, is expected to generate 466 GWh/year. African Development Bank (AfDB) has approved a senior loan of ZAR 3 billion to the 100 MW Redstone Concentrated Solar Project, which is expected to boost South Africa’s (SA’s) energy mix and hasten transition to renewable energy. […] Read more
AfDB Group Okays $18.17 Mn for Kopere Solar Project in Kenya Updated On Mon, Dec 3rd, 2018 by Saurenergy Moreover, the bank is also in the process of securing a USD 11.6 million concessional loan from the Climate Investment Fund’s Scaling-up Renewable Energy Program (SREP). The African Development Bank (AfDB) Group has approved a USD 18.17 million senior loan to 40 MWac (50MWp) Kopere Solar Power Project in Kenya. The Kopere project, which falls under Kenya’s Renewable Energy Feed-in-Tariff (FiT) […] Read more
MNRE to Add Massive 23 GW Of Solar Project in Jammu And Kashmir Updated On Sat, Dec 1st, 2018 by Saurenergy Solar Energy Corporation of India which is implementing the project, will tender 5000 MW in Leh district and 2500 MW in Kargil district in the Phase-1 of the project. In a massive solar push, Ministry of New and Renewable Energy (MNRE) has announced its plans for 23 GW of solar projects in Leh and Ladakh […] Read more
European Commission Approves 600 Million Euros in State Aid to French Solar Projects Updated On Thu, Nov 29th, 2018 by Saurenergy The approval has been given under EU State aid rules which prohibits financial support by the government towards a business entity unless it is justified The European Commission has given its approval to a measure of providing stat sponsored financial support of 600 million euros innovative solar power installations in France. The approval has been […] Read more
TANGEDCO Issues Tender for 500 MW Grid-Connected Solar Project Updated On Wed, Nov 28th, 2018 by Saurenergy The project will be awarded based on a reverse auction to be held on a specified date, the upper ceiling for the bidding is set at Rs 3.00 per unit. Moving towards solar energy, Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) has invited bids from solar power generators for the procurement of 500 MW […] Read more
Canadian Solar Acquires 100% of Suzlon’s Telangana Solar Projects Updated On Mon, Nov 26th, 2018 by Saurenergy Suzlon sold its Amun Solar Farms and Avighna Solar Farms for a total of Rs 280.11 million to the Canadian global module supplier and solar project developer. Canadian Solar acquired the remaining 51% stake in two solar projects in Telangana from Suzlon Energy. The two projects have capacity of 15 MW each. Suzlon sold its […] Read more
ONGC Issues Tender for a 5 MW Solar Project in Andhra Pradesh Updated On Fri, Nov 16th, 2018 by Saurenergy ONGC tender document will be on sale from 10th November till 5th December. The bidding will take place on 5th December. Country’s leading stat-run oil giant, Oil and Natural Gas Corporation Limited (ONGC) has floated a tender for a 5 MW grid connected solar project which will be built at its Tatipaka site in Andhra […] Read more
