EIB Invests €100 mn to Support Small Scale RE Projects in Brazil Updated On Tue, Oct 22nd, 2019 by Saurenergy EIB has announced that it will provide EUR 100m to BDMG to support climate action projects in Minas Gerais, Brazil. The European Investment Bank (EIB) has announced that it will provide EUR 100m to Banco de Desenvolvimento de Minas Gerais (BDMG) to support climate action projects in Minas Gerais, Brazil. “Private companies and also municipalities will be […] Read more
Uzbekistan’s PPP Based 900 MW Solar Tender, Gets IFC Backing Updated On Tue, Oct 22nd, 2019 by Saurenergy Uzbekistan has signed a mandate with IFC, to develop up to 900 MW of solar power through public-private partnerships (PPPs). Uzbekistan is advancing quickly to diversify its energy matrix and meet its target to develop up to 5 gigawatts (GW) of solar power by 2030. The country has signed a mandate with the International Finance […] Read more
NTPC Tenders for 1000 MW Solar Projects Under DBDT Scheme Updated On Mon, Oct 21st, 2019 by Saurenergy NTPC has tendered for setting up solar power projects under the DBDT scheme to a maximum capacity of 1000 MW. NTPC Ltd. has issued a tender, inviting bids from eligible parties for setting up of grid-connected solar power projects under the Develop Build Demonstrate Transfer (DBDT) scheme to a maximum capacity of 1000 MW. The […] Read more
Scatec Solar Posts Strong Financial Results for Q3 2019 Updated On Mon, Oct 21st, 2019 by Saurenergy Scatec Solar delivered solid results in the Q3 of 2019 with proportionate revenues of USD 166.14 mn and EBITDA of USD 47.2 mn, a 68 percent increase YoY. Scatec Solar has announced that the company delivered solid results in the third quarter (Q3) of 2019 with proportionate revenues of NOK 1,522 million (1,259) (USD 166.14 […] Read more
Airtel Forays in to Renewables With 26% Acquisition of AMPSolar SPV Updated On Mon, Oct 21st, 2019 by Saurenergy Bharti Airtel has signed a pact with AMPSolar Evolution to acquire a 26 percent stake in the solar energy solutions provider for a total of Rs 8.4 crore. Marking its debut in the renewables sector, Bharti Airtel has announced that it has signed a pact with AMPSolar Evolution to acquire a 26 percent stake in the solar energy solutions provider […] Read more
Spain’s Ingeteam Secures R&D Loan from EIB Updated On Fri, Oct 18th, 2019 by Saurenergy EIB will finance Ingeteam’s innovative activities by providing a EUR 70 million Innovation Loan under the Investment Plan for Europe. The European Investment Bank (EIB) will finance the innovative activities at Ingeteam by providing a EUR 70 million Innovation Loan under the Investment Plan for Europe. The goal of the agreement is to support Ingeteam’s research, development […] Read more
CERC Brings Relief on Safeguard Duty for ACME Solar and Arisun Updated On Fri, Oct 18th, 2019 by Saurenergy CERC has provided compensatory relief for ACME and Arisun after accepting their plea to consider the imposition of the safeguard duty as “Change in Law”. The Central Electricity Regulatory Commission (CERC) has in its latest order, provided compensatory relief for ACME Jaipur Solar and Arisun Clean Energy after accepting their plea to consider the imposition […] Read more
Indian Oil Tenders for 170 kW Rooftop Solar Plant at Una Terminal Updated On Fri, Oct 18th, 2019 by Saurenergy Indian Oil has tendered for commissioning of a 170 kWp grid-connected rooftop solar power plant at the firms’ Una Terminal. The Indian Oil Corporation Ltd (IOCL) has issued a tender, seeking bids from eligible bidders for the commissioning of a 170 kWp grid-connected rooftop solar power plant at the firms’ Una Terminal in Himachal Pradesh. […] Read more
Global Solar PV Capacity Expected to Exceed 1,500 GW by 2030 Updated On Fri, Oct 18th, 2019 by Saurenergy The global solar PV capacity is estimated to increase significantly from 593.9 GW in 2019 to 1,582.9 GW in 2030, a new report has revealed. Global solar photovoltaic (PV) capacity is estimated to increase significantly from 593.9 gigawatts (GW) in 2019 to 1,582.9 GW in 2030 following significant capacity additions by China, India, Germany, the […] Read more