Scatec Solar Announces Completion of 258 MW Solar Project in South Africa Updated On Tue, Apr 7th, 2020 by Saurenergy Scatec Solar has started commercial operation of the third 86 MW solar plant in Upington, South Africa, completing the 258 MW solar power complex. Scatec Solar has announced that it has, along with its partners, grid-connected and started commercial operation of the third 86 MW solar plant in Upington, South Africa, completing the 258 MW […] Read more
Yinson Forays into Renewable Energy via Buying 37.5% Stake in Indian IPP Updated On Sat, Apr 4th, 2020 by Saurenergy Malaysian company Yinson, via its arm Yinson Renewables (S) Pte Ltd, has forayed into the renewable energy segment and bought 37.5 percent stake in the Indian Independent Power Producer (IPP) Rising Sun Energy Pvt Ltd (RSE). The company said that it has signed “multiple agreements to acquire a 37.5 percent equity interest in RSE, a […] Read more
Discoms’ Outstanding Dues to Gencos Rises 32% in January to Rs 88,311 Cr Updated On Mon, Mar 30th, 2020 by Saurenergy Power producers’ total outstanding dues owed by Discoms rose nearly 32 percent to Rs 88,311 crore in January over the same month previous year. Power producers’ total outstanding dues owed by distribution firms (Discoms) rose nearly 32 percent to Rs 88,311 crore in January over the same month previous year, reflecting stress in the sector. […] Read more
AIIB Grants $60 Mn Loan for 500 MW Solar Project in Oman Updated On Fri, Mar 27th, 2020 by Saurenergy AIIB has approved a USD 60 million loan to increase the renewable power generation capacity in Oman by financing a 500 MW solar PV project in the country The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a USD 60 million loan to increase the renewable power generation capacity in Oman to help […] Read more
Sungrow Signs 650 MW Agreement With Avaada Energy to Supply PV Inverters Updated On Wed, Mar 25th, 2020 by Saurenergy Sungrow has signed a 650 MW strategic agreement with Avaada Energy to supply 1500V inverter solutions for its upcoming solar PV projects in 2020. Sungrow, the global leading inverter solution supplier for renewables, signed a 650 MW strategic agreement with Avaada Energy to supply 1500V inverter solutions for its upcoming solar PV projects in 2020, […] Read more
Singapore-based Vena Energy Issues $325 Mn Green Bond Updated On Mon, Mar 2nd, 2020 by Saurenergy Vena Energy has announced the successful issuance of a benchmark USD 325 million (5-year 3.133 percent fixed rate) green bond offering. Vena Energy, one of Asia-Pacific’s leading independent power producers (IPP) and pure renewable energy company, has announced the successful issuance of a benchmark USD 325 million (5-year 3.133 percent fixed rate) green bond offering. […] Read more
Scatec Solar Commissions 2nd Unit in 258 MW Solar Complex in South Africa Updated On Wed, Feb 26th, 2020 by Saurenergy Scatec Solar has started early commercial operation for another 86 MW, the second of three, of the 258 MW solar power complex in Upington, South Africa. Scatec Solar and partners have grid-connected and started early commercial operation for another 86 MW unit, the second of three, of the 258 MW solar power complex in Upington, […] Read more
Uzbekistan Seeking Private Developers for 400 MW Solar Projects Updated On Wed, Feb 26th, 2020 by Saurenergy The Ministry of Energy of Uzbekistan has invited EoI from private developers to build and operate two solar projects worth 400 MW capacity in the country. The Ministry of Energy of Uzbekistan has invited expression of interest (EoI) from private developers to build and operate two solar projects worth a combined 400 MW capacity in […] Read more
Goldi Solar Ranked Among ‘Bankable Tier 1’ Solar Module Makers by BNEF Updated On Mon, Feb 24th, 2020 by Saurenergy Gujarat-headquartered Goldi Solar Pvt Ltd has been ranked among the ‘Bankable Tier 1’ solar module makers by the Bloomberg New Energy Finance (BNEF), an international research organisation, for the first quarter of 2020. BloombergNEF has developed its tiering system for photovoltaic (PV) module manufacturers to create a transparent differentiation between hundreds of manufacturers of solar […] Read more