MNRE Directs SECI, NTPC to Release Bank Guarantees for RE Projects in 45 Days Updated On Fri, Sep 6th, 2019 by Saurenergy MNRE has directed SECI and NTPC to release the Performance Bank Guarantees for the solar and wind energy projects in 45 days The Ministry of New and Renewable Energy (MNRE) has directed the Solar Energy Corporation of India (SECI) and NTPC Ltd., the two leading state-owned agencies involved in the renewable energy sector to release […] Read more
EBRD, OPIC and IFC to Provide $252 mn Loan for 250 MW Wind Farm in Gulf of Suez Updated On Fri, Aug 16th, 2019 by Saurenergy A joint USD 252 million investment by the EBRD, IFC and the OPIC will finance a new 250 MW wind farm in the Gulf of Suez. The European Bank for Reconstruction and Development (EBRD) has announced that it is stepping up its support for renewable energy in Egypt by providing funds to one of the biggest wind […] Read more
Yingli Supplies 110 MW Solar Panels to Solaria for 3 Projects Updated On Fri, Aug 16th, 2019 by Saurenergy Yingli Green Energy, through its wholly-owned subsidiary Yingli Europe, has supplied 110 MW of polycrystalline solar panels to Spanish operator Solaria Yingli Green Energy Holding, one of the world’s leading solar module manufacturers, has announced that its wholly-owned subsidiary Yingli Europe has supplied 110 MW of polycrystalline solar panels to Spanish operator Solaria Energía y […] Read more
Portugal Awards World’s Lowest Cost Solar Contract Updated On Tue, Aug 13th, 2019 by Saurenergy Portugal has for now become the country with the world’s lowest-cost solar PV contract. After it offered contracts worth just €14.76/MWh Portugal has for now become the country with the world’s lowest-cost solar PV contract. After the European nation offered the lowest ever contracts worth just €14.76 per Megawatt Hour (MWh), or $16.54 per MWh in the […] Read more
Akuo Energy Wins 370 MW Solar Capacity in Latest Portugal Auction Updated On Fri, Aug 9th, 2019 by Saurenergy Akuo Energy has been awarded 370 MW project capacity under the latest 1,400 MW solar energy auction call, for the tender organised by Portugal Akuo Energy, one of the leading French renewable energy independent power producer and developer, has been awarded 370 MW project capacity under the latest 1,400 MW solar PV energy auction call […] Read more
Avaada Energy to Implement 2 GW Open Access Solar Plants Updated On Wed, Jul 24th, 2019 by Saurenergy This renewable arm of Avaada Group has already commissioned more than 1.8 GW of renewable assets in the solar and wind space. Vineet Mittal-promoted Avaada Energy is in the process of implementing 2 GW of open access solar plants in five states i.e. Maharashtra, Tamil Nadu, Haryana, Karnataka and Orissa. This renewable arm of Avaada […] Read more
Integrating Wind & Solar in Existing Grid Effectively Updated On Sat, Jul 20th, 2019 by Saurenergy The green initiatives in Union budget 2019 focus on renewable energy, air pollution, water, and solid waste management for a sustainable future. That makes the integration of renewable energy like solar and wind in existing national grid a must to achieve India’s target of 175GW in renewable energy capacity by 2022. But the variability and […] Read more
Sembcorp Planning Rs 516.9 Cr Equity Infusion to Support RE Push Updated On Thu, Jul 11th, 2019 by Saurenergy Sembcorp has announced the infusion of equity worth Rs 516.9 crore into SEIL to support its renewable energy business in India. Sembcorp Industries has announced the infusion of equity worth Rs 516.9 crore into its India arm Sembcorp Energy India (SEIL) to support its renewable energy business in the country. The equity injection is funded through a mix […] Read more
JinkoSolar Supplies 95 MW Panels for Australian Solar Project Updated On Tue, Jul 9th, 2019 by Saurenergy JinkoSolar has supplied 95 MW of monocrystalline solar panels to Vena Energy Australia, an IPP, for use in the Tailem Bend Solar Project. One of the largest solar module manufacturers, JinkoSolar has announced that it has supplied 95 MW of highly-efficient monocrystalline solar panels to Vena Energy Australia, an independent power producer, for use in […] Read more
