MSEDCL Discovers Price of Rs 2.90/kWh In 500 MW Solar Tender Updated On Mon, Dec 5th, 2022 by Saurenergy The Maharashtra State Electricity Distribution Company (MSEDCL) has discovered a best price of Rs 2.90/kWh for 100 MW out of the 500 MW it auctioned to secure 500 MW of long-term power from grid-connected intrastate solar projects. SolarArise was the lowest bidder, while state owned SJVN Green Energy, and Tata Power subsidiary Tata Power Renewable […] Read more
RECPDCL Floats Tender for 500 MW of ISTS-Connected Solar Projects Updated On Fri, Dec 2nd, 2022 by Saurenergy REC Limited’s subsidiary company, REC Power Development, and Consultancy (RECPDCL) has floated a tender for setting up 500 MW of interstate transmission system (ISTS)-connected solar power projects across the country. By combining thermal or hydroelectric with renewable energy and storage, the projects seek to maintain flexibility in their generation and scheduling. The last date for […] Read more
Amazon Debuts Hybrid Projects Globally with 300 MW in Madhya Pradesh & Karnataka Updated On Fri, Dec 2nd, 2022 by Saurenergy In Madhya Pradesh and Karnataka, Amazon India is set to establish 300 MW hybrid project (wind-solar). The projects would be established alongside Vibrant Energy, a subsidiary of a portfolio business of Macquarie’s Green Investment Group (GIG). Amazon said in a statement that this is one of the “biggest wind-solar hybrid corporate power purchase agreements (PPA) […] Read more
Adani Green Raises $200 Mn Through Yen-Denominated Refinancing Deal Updated On Fri, Dec 2nd, 2022 by Saurenergy Adani Green Energy Ltd (AGEL) has raised a Japanese yen-denominated loan to refinance its current debt for 350 MW of solar projects in the Indian state of Andhra Pradesh. This was done through its subsidiary Adani Solar Energy AP Six. The facility consists of an amortizing project loan for JPY 27,954 million ($200 million), with […] Read more
APTEL Asks TANGEDCO to Reimburse Solar Developers for Excess Energy Demand Updated On Thu, Dec 1st, 2022 by Saurenergy The Appellate Tribunal For Electricity (Aptel) has asked The Tamil Nadu Generation and Distribution Corporation Limited (Tangedco) to reimburse solar power developers for excess energy purchased from them exceeding the capacity utilization factor (CUF) of 19%. The said solar power developers include Crescent Power Limited, B.S. Apparel and Ranergy Solutions Pvt. Ltd. Along with tariff […] Read more
AMEA Power Closes Financing of 1 GW Solar, Wind Project for US$1.1 Bn in Egypt Updated On Thu, Dec 1st, 2022 by Saurenergy AMEA Power, a Dubai-based developer, owner and operator of renewable generation assets, has closed the financing of 1 GW of renewable energy projects. The projects, which are to come up in Egypt, entail a 500 MW solar PV plant and a 500 MW wind farm. The US$1.1 billion investment for the project has been provided […] Read more
Meta & D. E. Shaw Renewable Sign 200 MW Clean Power Project in Arkansas Updated On Thu, Dec 1st, 2022 by Saurenergy The signing of a long-term renewable energy offtake deal with Meta was recently announced by D. E. Shaw Renewable Investments (DESRI), a significant U.S. producer of renewable energy. To come up in Phillips County, Arkansas, the Long Lake Project (also known as Long Lake) will be a 200 MWac project. To meet the region’s expanding […] Read more
Bengaluru’s SUN Mobility Looks Ahead With Fastest Charging Station in World Updated On Thu, Dec 1st, 2022 by Saurenergy Investments in the EV sector are growing by the minute. In 2021, the sector saw investments worth $6 Bn. This number is expected to more than triple to $20 Bn by 2030. Against this backdrop, it’s no surprise that emobility firms are eyeing big projects and chasing gigantic targets. Bengaluru’s SUN Mobility, a leading provider […] Read more
JinkoSolar’s Exclusive Corporate Event in Dhaka Gets Massive Response Updated On Wed, Nov 30th, 2022 by Saurenergy Jinko’s Solar South & Central Asia team, gathered in Bangladesh’s Capital Dhaka for an eventful week of client meetings and site visits. Bangladesh’s reaction and reception to Jinko’s technology and products were positive. “In the future, Jinko will become recognised as a significant and aggressive participant in the Bangladesh market. With our Tiger Neo offering, […] Read more
