Kalpataru Transmission and Partner Complete Sale of Stake in JKTPL Updated On Tue, Sep 29th, 2020 by Saurenergy Kalpataru Power Transmission Ltd (KPTL) has announced that the firm and its joint venture partner have completed 74 percent equity stake sale in Jhajjar KT Transco Pvt Ltd (JKTPL) to IndiGrid. “We are pleased to inform you that the Parties have completed the sale of first closing sale shares, which represents about 74 percent of the total equity […] Read more
MNRE Shares Solar Tender Issued in Bhutan for Participation by SPDs Updated On Tue, Sep 29th, 2020 by Saurenergy MNRE has asked SPDA and NSEFI to circulate a solar tender issued in Bhutan amongst solar power developers in India for possible participation in the bid. The Ministry of New and Renewable Energy (MNRE) has written to industry bodies the Solar Power Developers Association (SPDA) and the National Solar Energy Federation of India (NSEFI) to […] Read more
AREAS Invites Proposals for Decentralised RE Solutions for Rural Applications Updated On Tue, Sep 29th, 2020 by Saurenergy AREAS has proposed to promote innovative decentralised renewable energy (RE) solutions for rural livelihood applications through financial assistance. The Association of Renewable Energy Agencies of States (AREAS) has proposed to promote innovative decentralised renewable energy (RE) solutions for rural livelihood applications through financial assistance. In line with this, the agency has invited proposals from innovators, […] Read more
“I have not witnessed a demand like this for the last five years” Updated On Tue, Sep 29th, 2020 by Saurenergy Established in 2013, Artha Energy Resources (AER), is a boutique investment bank and developer focusing primarily in the renewable energy sector. It is India\s first and only investment bank focused on the Indian renewable energy sector. Currently, Artha Energy Resources has advised on renewable energy transactions worth $812 million, including 150 MW in large hydro projects, […] Read more
Trafigura Forms new Firm to Invest in Renewable Energy Projects Globally Updated On Tue, Sep 29th, 2020 by Saurenergy Trafigura Group has announced the formation of a new company to invest in a series of solar, wind, and power storage projects globally. Trafigura Group, one of the world’s leading independent commodity trading companies, has announced the formation of a new company to invest in a series of solar, wind, and power storage projects globally. […] Read more
Canadian Solar Comments on ITC Complaint Filed by Solaria Updated On Tue, Sep 29th, 2020 by Saurenergy China-based solar module manufacturer Canadian Solar has responded to the new ITC complaint filed by the Solaria Corporation. The company has stated that: Over the past five months, Canadian Solar has been vigorously litigating a patent lawsuit filed by Solaria in April 2020 in the US District Court in Oakland, California, entitled The Solaria Corporation v. Canadian Solar Inc., […] Read more
EDF Renewables Signs Contract for Storage Expansion at Maverick 6 Updated On Tue, Sep 29th, 2020 by Saurenergy EDF Renewables has signed a storage contract for expansion to the previously announced 20-year solar PPA for the Maverick 6 project in California. EDF Renewables North America has announced the signing of a storage contract with CleanPowerSF as an expansion to the previously announced 20-year solar Power Purchase Agreement (PPA). The 100 megawatts (MWac) Maverick […] Read more
DVC to Execute 1776 MW Floating Solar Projects in West Bengal and Jharkhand Updated On Mon, Sep 28th, 2020 by Saurenergy The Damodar Valley Corporation (DVC) is planning to execute 1776 MW of floating solar projects in four of its dams in West Bengal and Jharkhand. State-owned thermal power major Damodar Valley Corporation (DVC) has announced that it will focus only on solar projects to add new capacity to its portfolio. According to a top company official, the […] Read more
NTPC Shifts Objective; to Stop Land Acquisition for Thermal Projects Updated On Mon, Sep 28th, 2020 by Saurenergy NTPC proposes to completely stop land acquisition for thermal projects and rather look for reducing its carbon footprint through a renewable energy push. India’s largest coal-fired power producer NTPC has announced that it proposes to completely stop land acquisition for greenfield thermal projects and rather look for reducing its carbon footprint through an aggressive renewable […] Read more