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
Bengaluru-Based Log 9 Materials Raises $3.5 mn in Series A Round Updated On Thu, Oct 31st, 2019 by Saurenergy Log 9 Materials has secured USD 3.5 million in Series A funding, led by Sequoia India and Exfinity Venture Partners. Bengaluru-based startup Log 9 Materials has announced that it has secured USD 3.5 million in funding as a part of its Series A round, led by Sequoia India’s scale up programme Surge and Exfinity Venture […] Read more
Mitsui to Sell Entire Stake in Solar, Wind Project in Canada Updated On Wed, Oct 30th, 2019 by Saurenergy Tokyo-headquartered Mitsui has 30 percent stake in this project through its investment company MIT Renewable Inc. Mitsui & Co. Ltd, an arm of Japanese Mitsui Group, has signed a pact with Axium Infrastructure (Axium) in order to sell its entire shareholding in a Canadian project (i.e. C2C Power LP), having 679 MW of installed capacity. […] Read more
Railways Tenders for Procurement of Power From Hybrid Projects Updated On Wed, Oct 30th, 2019 by Saurenergy The Indian Railways has issued an RfS, inviting bids from eligible parties to procure power from wind and solar hybrid projects. The Railway Energy Management Company (REMCL), on behalf of the Indian Railways, has issued a Request for Selection (RfS), inviting bids from eligible parties to procure power from wind and solar hybrid projects. The […] Read more
BHEL Tenders for O&M Work on 50 MW Solar Plant in MP Updated On Wed, Oct 30th, 2019 by Saurenergy BHEL has tendered for carrying out the O&M work for a 50 MW solar power plant at NTPC Mandsaur in Madhya Pradesh. Bharat Heavy Electricals Limited (BHEL) has issued a tender, seeking bids from eligible companies for carrying out the operation and maintenance (O&M) work for a 50 MW solar power plant at NTPC Mandsaur […] Read more
27 Countries Pledge $9.776 bn to Replenish the Green Climate Fund Updated On Mon, Oct 28th, 2019 by Saurenergy 27 countries have pledged to replenish the Green Climate Fund (GCF) by USD 9.776 billion for the next four years, with more contributions expected The shared urgency of addressing climate change took a big step forward with 27 countries pledging to replenish the Green Climate Fund (GCF) by USD 9.776 billion for the next four […] Read more
IIT Patna Tenders for Electric Cycles on Campus Updated On Fri, Oct 25th, 2019 by Saurenergy IIT Patna has issued an Expression of Interest (EoI) for procuring electric battery power cycles on use and pay basis on the campus. The Indian Institute of Technology (IIT) Patna has issued an Expression of Interest (EoI) for procuring electric battery power cycles on use and pay basis on the campus. The scope of work […] Read more
To Meet Paris Climate Target 8x Higher Solar, Wind Needed: DNV GL Updated On Thu, Oct 24th, 2019 by Saurenergy Governments, businesses and society as a whole need to change the prevailing mindset from ‘business-as-usual’ to ‘business-as-unusual’ to fast-track the energy transition, says Ditlev Engel. In order to meet the targets of the Paris climate pact, there’s a need for taking extraordinary policy actions to promote renewable energy, electric vehicles (EVs), energy efficiency, new decarbonization […] Read more
Assam Tenders for Off-Grid Floating and Rooftop Solar Projects Worth 955 kW Updated On Thu, Oct 24th, 2019 by Saurenergy APDCL has issued two tenders for setting up of rooftop solar projects and an off-grid floating solar power plant in Assam worth 955 kW capacity. The Assam Power Distribution Company (APDCL) has issued two tenders for setting up of rooftop solar projects and an off-grid floating solar power plant in the state worth a cumulative […] Read more
