SECI Gets Bids Over 10 GW for Rajasthan 1785 MW Tender Updated On Thu, Jul 22nd, 2021 by Saurenergy Continuing the strong trend observed across all significant tenders since the last quarter, a source at SECI confirms that they have seen a very strong response to the tender for 1785 MW solar projects in Rajasthan. Without confirming the final list, the source tells us that bids have been received for almost 10 GW, and […] Read more
Enel Green Acquires 3.2 GW Solar Portfolio in the United States Updated On Wed, Jul 14th, 2021 by Saurenergy Renewable energy company Enel Green Power North America has acquired a 3.2 GW portfolio of solar and solar-plus-storage projects from Dakota Renewable Energy, a joint venture between Dakota Power Partners and Eolian. The 24 development-stage projects, including 450 MW of storage capacity, are located in the Mid-Atlantic, Midwest and Western United States and are planned […] Read more
Kerala’s 1kW Rooftop Solar Systems to be Available at Rs 53,651 Updated On Wed, Jul 14th, 2021 by Saurenergy The lowest bid received by the Kerala State Electricity Board (KSEB) for residential rooftop solar systems of up to 1 kW has been discovered to be ₹53,651/kW. In February this year, KSEB floated a tender to empanel contractors for providing EPC (engineering, procurement, and construction (EPC) services for 200 MW of grid-connected residential rooftop solar […] Read more
MERC Signals Go Slow On AEML’s RE Procurement Plans for Mumbai Updated On Tue, Jul 13th, 2021 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) has issued a new order, allowing Adani Electricity Mumbai Ltd (AEML) to initiate the bidding process for the procurement of power upto 500 MW on round the clock (RTC) basis from grid connected renewable energy power projects, complemented with other non-renewable energy source. The commission has partly accepted AEML‘s […] Read more
Azure Power Secures $163 Million Investment for 300 MW Solar Project Updated On Fri, Jul 2nd, 2021 by Saurenergy NYSE listed Azure Power, has secured a USD 163 million investment led by Tokyo-headquartered Mitsubishi UFJ Financial Group (MUFG). This investment is five-year syndicated financing for a 300 MW solar plant to be developed in Rajasthan. With this, Azure follows Adani Green energy in getting MUFG on board. MUFG is the third renewables project financing […] Read more
The Reliance Effect On Solar. Who Should Worry? Updated On Mon, Jun 28th, 2021 by Saurenergy When Mukesh Ambani, Chairman of Reliance Industries stepped up to announce the conglomerate’s plans last week on June 24, anticipation was high. On the menu were announcements related to a much awaited $15 billion deal with Saudi Aramco, the World’s largest oil firm, for an oil to chemicals spinoff and and investment, and the contours […] Read more
“India Is Key To Doubling EDF’s RE Capacity By 2030”, Harmanjit Nagi Updated On Thu, Jun 24th, 2021 by Saurenergy The Euro 69 Billion French energy major EDF is one of the few unapologetic champions of nuclear energy, seeing it as a critical support for the world to achieve its climate ambitions. The firm produces over 75% of its energy from nuclear power, with a recent focus on other renewable sources too. In India, the […] Read more
The Maldives Opens Pre-qualification For 11-14 MW Solar PV Tender Updated On Tue, Jun 22nd, 2021 by Saurenergy Under World Bank-supported Accelerating Renewable Energy Integration and Sustainable Energy (ARISE) project, the Maldives has opened pre-qualification for a solar PV tender of 11-14 MW capacity range. This PV installation project covers hybridisation of fourteen island grids which currently rely almost entirely on diesel for power generation. Interested developers can submit applications for pre-qualification on or before 1 […] Read more
ISTS Waiver Extended By 2 Years For Solar, Wind Energy Updated On Tue, Jun 22nd, 2021 by Saurenergy “The Ministry of Power has issued an order today for the extension of the waiver of Inter-State Transmission system (ISTS) charges on the transmission of electricity generated from solar and wind sources for projects to be commissioned up to 30th June 2025,”. With this statement, the Ministry of Power (MoP) has confirmed a widely expected waiver […] Read more