Maharashtra (MSEDCL) Invites Bids For Development Of 500 MW Solar Under PM KUSUM Updated On Thu, Jan 12th, 2023 by Saurenergy Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) has issued a Request for Selection (RfS) for procurement of cumulative 500 MW (ac) solar power from decentralised solar projects under Component-C of PM KUSUM scheme that will be developed in Maharashtra. MSEDCL tender says that the last date for bidding is February 13, 2023 and pre bid […] Read more
USA’s Leeward RE Raises $260 Mn For Chaparral Springs Solar + Storage Project in California Updated On Thu, Jan 12th, 2023 by Saurenergy Leeward Renewable Energy, A US based firm that delves into the development of new wind, solar, and energy storage projects in energy markets across the US, has announced that it has closed about $260 million in construction financing and secured tax equity commitments for its Chaparral Springs Solar + BESS Facility. The renewable energy project […] Read more
The Top 3 States With Biggest EV Subsidies In India Updated On Thu, Jan 12th, 2023 by Saurenergy India has been successful in spurring the Electric Vehicles trend in the country. While the central efforts were instrumental in this development, the contributions of various states in terms of subsidies have formed the backbone of EV adaptation as well. However, keep in mind that subsidies are unlikely to last very long, possibly not beyond […] Read more
US based Enfinity Global Acquires 400 MW of Operating Solar Projects Updated On Wed, Jan 11th, 2023 by Saurenergy US-based renewable energy firm Enfinity Global has announced that it has completed the acquisition of a 400 MW operational utility-scale solar portfolio marking a further expansion in the US market. The official statement of Enfinity Global said that in September 2022, it signed a deal with Capital Dynamics to acquire a diversified contracted portfolio, consisting […] Read more
Atlas Renewable Energy Gets $210 million For 438 MW Solar Project in Brazil Updated On Wed, Jan 11th, 2023 by Saurenergy Global renewable player Atlas Renewable Energy has secured a loan of $210 million from Brazil’s Banco Nacional de Desenvolvimento Econômico e Social (BNDES) to finance its Boa Sorte solar project which is of 438 MW in capacity. Atlas said that this marks the first time that BNDES has executed a US dollar-indexed loan to a […] Read more
ReNew Power Installs India’s First 3x Platform Wind Turbine Generators In Karnataka Updated On Wed, Jan 11th, 2023 by Saurenergy ReNew Power, India’s largest renewable energy company by operational capacity, has announced the installations of India’s first ever 3x platform Wind Turbine Generators (WTG) in Gadag, Karnataka. The WTGs have a nameplate capacity of 3.3-3.465 MW and are 128-140m in height. They offer significantly improved capacity over models installed in India to date, which typically […] Read more
Toyota Material Handling France & Alight Join Hands for Rooftop Solar Plant Updated On Wed, Jan 11th, 2023 by Saurenergy Toyota Material Handling France (TMHFR), a leading firm in materials handling equipment, has entered into a Power Purchase Agreement (PPA) with the solar energy firm Alight. Under the power purchase agreement (PPA), Alight provides solar energy to TMHFR at its facility in Bussy-Saint-Georges Paris, France. Alight develops, owns and manages the rooftop photovoltaic plant at […] Read more
CERC Directs SECI to Compensate TPREL Irrespective of Dues from DISCOMS Updated On Tue, Jan 10th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC) has given a nod to Tata Power Renewable Energy Limited’s ( TPREL) claim for compensation caused by change in law events due to enactment of GST Laws. TPREL had entered into a PPA with SECI and claimed compensation of Rs. 48,88,44,968 along with the carrying cost towards compensation for […] Read more
Noway’s Norfund, KLP Partner with ReNew Power to Invest in India’s Transmission Sector Updated On Tue, Jan 10th, 2023 by Saurenergy Norfund and KLP have announced that they will invest around Rs 900 million in partnership with ReNew Power for 49% ownership stake in ReNew’s transmission project in the Koppal district of Karnataka state in India, with ambitions for further joint investments. ReNew Power is one of the largest renewable energy independent power producers (IPPs) in […] Read more
