OPDEnergy Begins Operation of 50 MW Solar Plant in Spain Updated On Fri, Jan 3rd, 2020 by Saurenergy OPDEnergy has announced the completion of construction work on its new solar PV plant Zafra, located in Alcalá de Guadaira (Seville), Spain OPDEnergy, a company specialising in the development, financing, construction, and operation of renewable assets, has announced the completion of construction work on its new solar PV plant Zafra, located in Alcalá de Guadaira […] Read more
Ryder, ABB & In-Charge Unveil EV Charging Solution for Fleet Operators Updated On Fri, Jan 3rd, 2020 by Saurenergy Ryder System, In-Charge Energy, and ABB have jointly announced a first-of-its-kind partnership to provide EV charging infrastructure for fleet operators Ryder System, a leader in commercial fleet management, dedicated transportation, and supply chain solutions, In-Charge Energy, a privately-held energy solutions company based in California, and ABB, a global technology leader in electrification, have jointly announced a first-of-its-kind partnership to provide nationwide […] Read more
Solarpack Wins PPA Contract in Malaysia Worth 116 MW Updated On Thu, Jan 2nd, 2020 by Saurenergy Solarpack has announced the award of a long-term PPA for one of its projects under development in Malaysia. The 116 MW Suria Sungai Petani plant. Solarpack Corporación Tecnológica has announced the award of a long-term power purchase agreement (PPA) for one of its projects under development in Malaysia. The award, which is the result of […] Read more
ICRA Revises Outlook from Stable to Negative for RE Sector Updated On Tue, Dec 31st, 2019 by Saurenergy On the back of delays in both payments from Discoms and execution of projects, credit rating agency ICRA has revised the year-end outlook for India’s renewable energy (RE) sector from ‘stable’ to ‘negative’. According to the rating agency, country’s renewable energy sector is facing headwinds due to long pending payments by the state Discoms (power […] Read more
PFC Tenders for Transmission System for 2500 MW WEZ in Tamil Nadu Updated On Mon, Dec 30th, 2019 by Saurenergy PFC has tendered for developing transmission systems for the evacuation of 2500 MW of wind power from the Karur/ Tiruppur WEZ of Tamil Nadu. PFC Consulting, a subsidiary of Power Finance Corporation, has issued a tender for shortlisting transmission service providers to develop transmission systems for the evacuation of 2500 MW of wind power from […] Read more
2020 Could Be Africa’s Arrival As A Solar Market With Size Updated On Mon, Dec 30th, 2019 by Saurenergy After a long wait, 2020 could well mark a decisive shift in the energy availability graph for countries in Africa, as multiple approaches and tactics finally make a case for a stronger push. For long, Africa has suffered from the world’s lowest electrification rate. Figures from 2017 state that Its power consumption per capita is […] Read more
EDP Invests $3 mn in Rensource for Promoting Expansion in Nigeria Updated On Thu, Dec 26th, 2019 by Saurenergy EDP will invest USD 3 million in Rensource, a company that develops and manages decentralized solar energy systems, to support its expansion in Nigeria. The EDP Group has announced that EDP Renewables (EDP Renováveis) will invest USD 3 million in Rensource, a company that develops and manages decentralized solar energy systems, to support its expansion in Nigeria. […] Read more
Are lower margins making the Indian solar market unattractive? Updated On Thu, Dec 26th, 2019 by Saurenergy In recent years, Indian solar industry saw many ups and downs whether it would be related to implementation of GST, safeguard duty, dues on Discoms, renegotiation of PPAs, policy changes etc. Here’re some views and voices from the industry on the impact of margins due to ongoing developments: Amit Gupta, Director of Legal and Corporate […] Read more
IFC Invests in BT Leasing to Boost Sustainable Energy Finance in Romania Updated On Tue, Dec 24th, 2019 by Saurenergy IFC is providing EUR 18.5 million in financing to BT Leasing to increase access to finance for SMEs and sustainable energy projects in Romania The International Finance Corporation (IFC), a member of the World Bank Group, is providing EUR 18.5 million in financing to BT Leasing Transilvania to increase access to finance for small and […] Read more
