EDF Renewables and Shell Sign PPA for 132 MW Solar Power Updated On Wed, Dec 4th, 2019 by Saurenergy EDF Renewables and Shell Energy have signed a 15-year PPA related to a 132 MW tranche of the Palen Solar site known as Maverick 7 Solar Project. EDF Renewables North America and Shell Energy North America have announced the signing of a 15-year Power Purchase Agreement (PPA) related to a 132 megawatt (MWac) tranche of […] Read more
Tata Power Exec Reshuffle: Srinivasan to Chair Delhi Distribution, Banga to Head T&D Biz Updated On Fri, Nov 29th, 2019 by Saurenergy In a significant executive reshuffle in Tata Power, Ganesh Srinivasan, who was heading the transmission & distribution (T&D) business, has been appointed as the new Chief Executive Officer (CEO) of Tata Power Delhi Distribution Ltd (Tata Power-DDL). He will take charge, with effective from December 2, 2019, from Sanjay Banga, who has been now elevated […] Read more
Boralex Announces Largest Renewable Energy Financing in France, Worth $1.7 bn Updated On Thu, Nov 28th, 2019 by Saurenergy Boralex has successfully closed agreements for the largest refinancing agreement in the renewable energy sector in France worth USD 1.7 billion Boralex has announced that it has successfully closed agreements to refinance almost all of its wind farm operations in France, for a total of USD 1.7 billion (EUR 1.1 billion), divided among three credit agreements […] Read more
India’s Wind Energy Sector Enters A Slump Formally, As 2.4 GW of NTPC Auctions at Risk Updated On Wed, Nov 27th, 2019 by Saurenergy If the poor response to the August tender for 1200 MW was not enough, comes the news that even the 1200 MW tender of NTPC in August last year has run into serious trouble. The tender, which had received bids ranging from Rs 2.77 to Rs 2.83 from developers including Renew Power, Hero Future Energies, […] Read more
Duke Energy Issues $700 mn Green Bond to Fund Renewable Investments Updated On Wed, Nov 27th, 2019 by Saurenergy Duke Energy Florida has completed two debt issuances, aligned with the company’s focus on generating renewable energy and advancing diversity and inclusion. Duke Energy Florida, a subsidiary of Duke Energy, completed two debt issuances, aligned with the company’s focus on generating renewable energy and advancing diversity and inclusion. The first transaction, totaling USD 700 million, marks […] Read more
Cleanmax and The Huawei Experience Updated On Tue, Nov 26th, 2019 by Saurenergy Chinese brand Huawei, which is a leading global ICT and network energy solutions provider, has been enjoying significant market share in the solar inverter space in India as well. Saur Energy International magazine talked to one of the clients of solar inverter manufacturer company, CleanMax Solar, during Renewable Energy India (REI) Expo 2019. CleanMax Solar […] Read more
Adani Green Energy’s Ashish Garg Resigns as CFO Updated On Tue, Nov 26th, 2019 by Saurenergy Adani Green Energy Ltd (AGEL), a renewable energy arm of Adani Group, on Monday said that Ashish Garg, who was designated as the Chief Financial Officer (CFO) of the company has resigned with immediate effect. The company had informed in an exchange filing that “Ashish Garg has tendered his resignation as Chief Financial Officer of […] Read more
ANERT Tenders for 10 MW Off-Grid Solar Plants in Kerala Updated On Mon, Nov 25th, 2019 by Saurenergy ANERT has issued a tender for the installation of off-grid solar plants for an aggregate capacity of 10 MW across 14 districts of Kerala. The Agency for Non-Conventional Energy and Rural Technology (ANERT) has issued a tender for the rate contract of installation of off-grid solar power plants for an aggregate capacity of 10 MW […] Read more
SECI Grants Extension to Inox for 250MW Wind Projects Commissioning Updated On Mon, Nov 25th, 2019 by Saurenergy State-owned Solar Energy Corporation of India (SECI) has provided more time to Inox Wind, country’s one of the leading wind energy solutions provider, for the commissioning of its 250 MW ISTS connected wind projects in the state of Gujarat. The company said in a filing to the stock exchange that “it has been granted time […] Read more
