PTC India to use Rs 135 Crore Tax Refund for Financing Green Projects Updated On Tue, Jul 28th, 2020 by Saurenergy PTC India Financial Services is set to receive a tax refund of ~Rs 135 crore and plans to use it for further financing of green projects. PTC India Financial Services has revealed that the Income Tax Department has processed its return of income for the assessment year 2019-20 (financial year 2018-19) and determined a refund […] Read more
EDF-Jinko Consortium Awarded World’s Largest Solar Project in Abu Dhabi Updated On Tue, Jul 28th, 2020 by Saurenergy The consortium of EDF Renewables and Jinko Power has been awarded the Al Dhafra solar project in Abu Dhabi, the world’s largest solar project when complete. The bidder consortium, formed by French EDF Group subsidiary, EDF Renewables and Chinese Jinko Power, both global leaders in renewable energy, has been awarded the Al Dhafra solar project […] Read more
BMW Announces new Strategic Direction; 7 Mn EVs on the Road by 2030 Updated On Tue, Jul 28th, 2020 by Saurenergy The BMW Group is making sustainability and resource efficiency central to its strategic direction and plans have 7 million EVs on the road by 2030 The BMW Group has announced that it is making sustainability and resource efficiency central to its strategic direction. Chairman of the Board of Management Oliver Zipse recently announced initial details […] Read more
CERC Proposes Amendments to Procedure for Grant of ISTS Connectivity for Renewable Projects Updated On Mon, Jul 27th, 2020 by Saurenergy Proposal Has been made Keeping in View the 7th Amendment The Central Electricity Regulatory Commission (CERC) has proposed amendments to the “Detailed Procedure for “Grant of Connectivity to projects based on renewable sources to interstate transmission system (ISTS)”. The draft amendments are open to suggestions and comments from stakeholders and other interested parties up to […] Read more
sPower Secures $700 Mn in Financing for 620 MW Solar Project Updated On Mon, Jul 27th, 2020 by Saurenergy sPower has closed on USD 700+ million construction/term loan financing for the 620 MW dc Spotsylvania Solar Energy Center in Virginia sPower, a leading renewable energy Independent Power Producer (IPP), has announced that the company closed on USD 700+ million construction/term loan financing for Spotsylvania Solar Energy Center in Spotsylvania County, Virginia. At 620 MW […] Read more
Renesola Secures USD 12 Million Financing for 19 MW Solar Project Updated On Mon, Jul 27th, 2020 by Saurenergy ReneSola has successfully closed a bridge financing with Eiffel Energy Transition Fund to finance the construction of its 19 MW solar project in Poland. ReneSola Ltd, a leading fully-integrated solar project developer has announced that it has successfully closed a bridge financing with Eiffel Energy Transition Fund to finance the construction of ReneSola Power’s 19 […] Read more
MNRE Issued Guidelines for Procurement of Round The Clock Power Updated On Mon, Jul 27th, 2020 by Saurenergy MNRE has issued the guidelines for the procurement of Round The Clock power from renewable energy power projects, complemented with thermal power projects. The Ministry of New and Renewable Energy (MNRE) has issued the guidelines for the tariff-based competitive bidding process for the procurement of Round The Clock power from grid-connected renewable energy power projects, […] Read more
Next Intervention in Power Systems Operation is AI: POSOCO CMD Updated On Mon, Jul 27th, 2020 by Saurenergy National Grid Operator POSOCO CMD KVS Baba has said that the next great thing that POSOCO will use for demand forecasting is AI (Artificial Intelligence). National Grid Operator POSOCO CMD KVS Baba has said that the next great thing that Power System Operation Corporation (POSOCO) will use for demand forecasting is AI (Artificial Intelligence). Speaking […] Read more
India-EU Renew Agreement on Science and Technological Cooperation Updated On Mon, Jul 27th, 2020 by Saurenergy India and the European Union (EU) have renewed their agreement on Scientific and Technological Cooperation for the next five years (2020-2025). India and the European Union (EU) have renewed their agreement on Scientific and Technological Cooperation for the next five years (2020-2025). The agreement was extended by the exchange of Note Verbale between two sides. […] Read more
