Double Standards? Thermal Power Auctions At Rs 4.41 Updated On Tue, Dec 24th, 2019 by Saurenergy In news that will cause a lot of heartburn among solar developers, news agency PTI has reported the cancellation of a 2500 mw auction to source power for a three year period. The bids were being conducted by state agency Power finance Corporation’s Consultancy arm.The amount being offered? Rs 4.41 per unit. The fact that […] Read more
AIIB to Invest $65 Mn in Hero Future’s 250 MW Solar Project in Raj Updated On Mon, Dec 23rd, 2019 by Saurenergy Beijing-headquartered multilateral development bank, Asian Infrastructure Investment Bank (AIIB) has approved the investment of USD 65 million in Hero Future Energies’ 250 MW solar power project in Jodhpur, Rajasthan. The lender said in a statement that “as part of ongoing efforts to mobilize private capital for infrastructure, President Jin also approved a USD65-million 250-MW solar power […] Read more
EIB Chief Slams Automakers for Slow Response to Climate Change Updated On Mon, Dec 23rd, 2019 by Saurenergy EIB Chief has sharply criticised industrial companies for reacting too slowly to climate change, saying some bosses had been “asleep at the wheel”. The president of the European Investment Bank, the EU’s lending arm, has sharply criticised industrial companies for reacting too slowly to climate change, saying some bosses had been “asleep at the wheel”. In […] Read more
Growatt now the Top Supplier of Rooftop Solar Inverters in India Updated On Thu, Dec 19th, 2019 by Saurenergy According to a new report, Growatt, one of the top 3 rooftop solar inverter brands in China, has become the No.1 solar rooftop inverter supplier in India. In the twelve-month period ending Sep-2019, India added a record 1,853 MW rooftop solar capacity, which is 17 percent higher than the same period last year according to […] Read more
Solar Frontier Completes Financing for 210 MW California Solar Project Updated On Thu, Dec 19th, 2019 by Saurenergy Solar Frontier Americas has closed on the tax equity commitment and debt financing for its 210 MW Mustang Two solar project in Kings County, California. Solar Frontier Americas (SFA), the US-based renewable energy business of Idemitsu Kosan, has announced that it has closed on the tax equity commitment and debt financing for its 210 MW Mustang […] Read more
Will Internecine Wrangles Wreck US Offshore Wind Farm Plans?: GlobalData Updated On Wed, Dec 18th, 2019 by Saurenergy For its adherents, the benefits of offshore wind are self-evident: abundant, clean, emission-free power. But for supporters of new development off the Eastern Seaboard – billed as the first utility-scale offshore wind project in the US – progress to make their vision a reality has been frustratingly unforthcoming. GlobalData’s power technology writer Ross Davies said […] Read more
Indian Oil Tenders for 130 kW Rooftop Solar Plant in Maharashtra Updated On Wed, Dec 18th, 2019 by Saurenergy Indian Oil has issued a tender for the deployment of 130 kW grid-connected rooftop solar power plant at its small can filling plant in Nagpur, Maharashtra. The Indian Oil Corporation (IOCL) has issued a tender for the constriction and deployment of 130 kW grid-connected rooftop solar power plant at its small can filling plant in […] Read more
Skoda Installs 8.5 MW Rooftop Solar Plant at Pune Facility Updated On Wed, Dec 18th, 2019 by Saurenergy Skoda India has announced the installation of its 8.5 MW rooftop solar plant at the company’s Chakan facility near Pune. European Car major Skoda Auto Volkswagen India has announced the installation of its 8.5 MW rooftop solar photovoltaic (PV) power plant at the company’s Chakan facility near Pune. Last year, the company had inaugurated its first […] Read more
China’s Wind Repowering Market to Boom Post 2023 Updated On Tue, Dec 17th, 2019 by Saurenergy China’s wind repowering market is expected to take off from 2023, with more than 21 GW of turbine fleets expected to be repowered over the next 10 years According to a new report, China’s wind repowering market is expected to take off from 2023. With more than 21 gigawatts (GW) of China’s wind turbine fleet […] Read more