EDPR Secures PPA For its 1st Large Scale Solar Plus Storage Project Updated On Mon, Jun 24th, 2019 by Saurenergy EDPR has secured a 20-year PPA with East Bay Community Energy to sell 100 MW of solar energy and 30 MW of energy storage from the Sonrisa Solar Park. EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, through its fully owned subsidiary EDP […] Read more
Govt to Sustain Investors Confidence Via Steady Policy, Ensuring Timely Payment to Developers: Dr. Ajay Mathur Updated On Mon, Jun 24th, 2019 by Saurenergy Demand generation of solar power through compliance to the provision of solar RPOs needs to be continued with strict monitoring. The government needs to work on sustaining the confidence level of investors through steady policy of procurement process and ensuring timely payments to the developers. On technical side, grid balancing mechanisms through demand side management […] Read more
Madhya Pradesh Increments Capacity to 32 MW For Rooftop Solar Tender Updated On Mon, Jun 24th, 2019 by Saurenergy Madhya Pradesh has increased the solar capacity under its rooftop tender to 32 MW from 25 MW. The Madhya Pradesh Urja Vikas Nigam Ltd (MPUVNL) has increased the capacity tender under its rooftop tender to 32 MW from 25 MW. MPUVNL had invited Request for Proposal (RfP) for the selection of bidders for the implementation […] Read more
Ørsted Selected to Develop 1,100 MW Ocean Wind Project in New Jersey Updated On Mon, Jun 24th, 2019 by Saurenergy New Jersey has selected Ocean Wind, an offshore wind energy project with a capacity of 1,100MW proposed by Ørsted. The New Jersey Board of Public Utilities (NJBPU) has selected Ocean Wind, an offshore wind energy project proposed by Ørsted with support from Public Service Enterprise Group (PSEG), to negotiate a 20-year offshore wind renewable energy […] Read more
Tata Power Planning Rs 16K Cr Renewable InViT to Trim Debt Updated On Mon, Jun 24th, 2019 by Saurenergy Tata Power plans to establish an InViT for its renewable energy portfolio to reduce its debt by almost a fourth and then raise growth equity from investors. Tata Power, of the country’s leading integrated power companies, has revealed that it plans to establish an infrastructure investment trust (InViT) for its renewable energy portfolio, nearly 3 […] Read more
ADB, USAID Partner to Expand Asia-Pacific’s Sustainable Energy Market Updated On Sat, Jun 22nd, 2019 by Saurenergy USAID has launched a partnership with ADB to accelerate the transition to a more sustainable, secure, and energy sector in Asia and the Pacific. The United States Agency for International Development (USAID) has launched a partnership with the Asian Development Bank (ADB) to accelerate the transition to a more sustainable, secure, and market-driven energy sector […] Read more
As 20 Delhi Schools Get Solar Power, 80 More To Join Updated On Fri, Jun 21st, 2019 by Saurenergy The move is in line with the Delhi government’s flagship program to make the national capital a solar city in the coming years. Astoundingly, the returns from the government’s investment seem to be over 15%, based on government figures According to Delhi’s Department of Education, solar panel installation has been completed in 21 school buildings […] Read more
DEWA Issues Tender For 900 MW 5th Phase of MbRAM Solar Park Updated On Fri, Jun 21st, 2019 by Saurenergy DEWA has issued a tender for the 5th phase of MbRAM Solar Park for 900 MW, based on the Independent Power Project (IPP) model. The Dubai Electricity and Water Authority (DEWA) has issued a tender for the 5th phase of the Mohammed bin Rashid Al Maktoum (MbRAM) Solar Park for 900 megawatts (MW) of electricity […] Read more
FMO Grants Rs 208 Cr to Srei Equipment For Refinancing Green Projects Updated On Fri, Jun 21st, 2019 by Saurenergy Srei Equipment has received credit approval for Rs 208 crore from FMO. The industry leader in construction and mining equipment financing, Srei Equipment Finance Limited, a wholly-owned subsidiary of Srei Infrastructure Finance Limited has received credit approval for USD 30 million (Rs 208 crore) from FMO, a Netherlands based Development Finance Bank. According to Srei, […] Read more
