TenneT Secures EUR 250 Mn Loan for Offshore Wind Transmission Link Updated On Thu, Mar 12th, 2020 by Saurenergy TenneT has secured EUR 250 million loan to enable the transmission of rapidly growing amounts of offshore wind energy to users in the Netherlands and beyond The European Investment Bank (EIB) has signed a EUR 250 million loan agreement with TenneT Holding. The financing will be used for the western section of TenneT’s “Zuidwest 380 […] Read more
Renew Financial has Invested USD 421 Mn in California Residential Solar Updated On Wed, Mar 11th, 2020 by Saurenergy Renew Financial announced it has invested USD 421 million over the last decade to empower California homeowners to add solar PV systems to their properties. Renew Financial announced it has invested USD 421 million over the last decade to empower California homeowners to add solar photovoltaic systems to their properties. Through the Property Assessed Clean […] Read more
Iberdrola Takes 100% Ownership in 496 MW Offshore Wind Project Updated On Wed, Mar 11th, 2020 by Saurenergy Iberdrola has assumed 100 percent ownership of Ailes Marines, which is developing, constructing & operating the 496 MW Saint-Brieuc offshore wind farm in France. Iberdrola has increased its ambition in the offshore wind industry, following the conclusion of an agreement to take 100 percent ownership of Ailes Marines. The company is developing, constructing and operating […] Read more
ITI Limited Tenders for Procurement of Solar Power Under Open Access Model Updated On Wed, Mar 11th, 2020 by Saurenergy ITI Limited has issued a tender to procure solar power for one of its premises in Bengaluru through a long term PPA under the 3rd party Open Access model. ITI Limited, India’s first PSU, plans to enhance the use of renewable energy in its Data centre facility to bring it under the “Green Data Centre” […] Read more
Goldman Sachs Forms JV to Develop Distributed Solar Projects Updated On Wed, Mar 11th, 2020 by Saurenergy US -based TELOS Clean Energy has announced the closing of a JV with Goldman Sachs to develop, construct, own, and operate distributed solar power projects. TELOS Clean Energy has announced the closing of a joint venture (JV) with Goldman Sachs’ Alternative Energy Investing Group to develop, construct, own, and operate distributed solar power projects. The […] Read more
GUVNL 500 MW Solar Tender Attracts Only 3 Bids Worth 430 MW Updated On Wed, Mar 11th, 2020 by Saurenergy GUVNL has revealed all the technically qualified bidders for its 500 MW solar PV power projects tender. Receiving only 3 bids worth 430 MW. The Gujarat Urja Vikas Nigam Limited (GUVNL) has revealed all the technically qualified bidders who will now participate in the price bids stage and e-reverse auction for the tender for the […] Read more
Southern Railways Granted Net Metering for 4 MW Rooftop Solar Project Updated On Thu, Mar 5th, 2020 by Saurenergy TNERC has directed TANGEDCO to provide Southern Railways with net metering connections for its 4 MW of rooftop solar projects. The Tamil Nadu Electricity Regulatory Commission (TNERC) in its latest order has directed state Discom Tamil Nadu Generation and Distribution Corporation (TANGEDCO) to comply with the state’s solar energy policy and provide Southern Railways with […] Read more
Power Trade at IEX Grew by 57% in February, REC Sales Increased Updated On Thu, Mar 5th, 2020 by Saurenergy The volume of power traded at IEX grew by 57% in February, mainly due to Discoms opting for replacement of costlier power with exchange-based procurement. The volume of power traded at the Indian Energy Exchange (IEX), the country’s largest online electricity platform, grew by 57 percent to 4,516 million units in February this year. IEX […] Read more
CIM Begins Construction on Proposed 2.7 GW Westlands Solar Park Updated On Tue, Mar 3rd, 2020 by Saurenergy CIM Group begins work on Westlands Solar Park, one of the largest permitted solar parks in the world that could grow to more than 2.7 GW at full buildout The CIM Group has announced that it is advancing the development of Westlands Solar Park (WSP), one of the largest permitted solar parks in the world […] Read more