Understanding The Record Rs 2.36 Bid at SECI’s 2 GW auction. Just Covid 19? Updated On Wed, Jul 1st, 2020 by Saurenergy Shortly after we received news of the record low prices or SECI’s 2 GW ISTS tender, we checked with our sources at SECI on the reasons for the low bid. The short answer? ” We are equally surprised”. Solarpack corporacion of Spain was the surprise winner, with its bid at Rs 2.36 for 300 MW. […] Read more
NHPC Seeking EPC Contractors for 50 MW Floating Solar Project Updated On Wed, Jul 1st, 2020 by Saurenergy NHPC Ltd is seeking Engineering, Procurement & Construction (EPC) contractors for the 50 MW floating solar project at West Kallada in the state of Kerala. NHPC Ltd has issued a tender, inviting bids from eligible companies for taking up the Engineering, Procurement & Construction (EPC) contract for the 50 MW floating solar PV power project […] Read more
Macquarie’s GIG and Enso Form JV for Solar and Battery Portfolio in UK Updated On Tue, Jun 30th, 2020 by Saurenergy Macquarie’s GIG and Enso Energy have formed a JV with the aim to create one of the UK’s largest subsidy-free solar and battery storage portfolios. Macquarie’s Green Investment Group (GIG) and Enso Energy have announced they are working together in a UK solar and battery development joint venture (JV). The partnership was established with the […] Read more
EIB Finances 200 MW Solar Projects in Spain, 2 Wind Farms in Austria Updated On Mon, Jun 29th, 2020 by Saurenergy EIB is investing EUR 43.5 mn to finance 200 MW solar projects in Spain, and EUR 63 mn for construction and operation of two new wind farms in Austria. The European Investment Bank (EIB) has announced that it is investing EUR 43.5 million to finance the largest solar project in Andalusia and one of the most powerful in […] Read more
Avaada Energy Gets LoA from MSEDCL to Develop 350 MW Solar Plant in M’rashtra Updated On Thu, Jun 25th, 2020 by Saurenergy Vineet Mittal-led Avaada Energy, a leading solar energy developer, has secured the Letter of Award (LoA) from Maharashtra State Electricity Distribution Co Ltd (MSEDCL) to develop 350 MW solar photovoltaic (PV) project in the state. Mumbai-headquartered Avaada Energy said in a statement that “it has been accorded a Letter of Award (LoA) to develop a […] Read more
AES Issues RfP Seeking 1 GW of Carbon-Free Energy Projects Updated On Thu, Jun 25th, 2020 by Saurenergy AES has issued an RfP, seeking new and repowered carbon-free projects for its customers in the PJM area, inclusive of its strategic alliance with Google. AES has issued a Request for Proposals (RfP), seeking new and repowered carbon-free renewable energy projects for its customers in the PJM area, inclusive of AES’ strategic alliance with Google. […] Read more
Adani After More Thermal Capacity, Acquires 49% Stake in OPGC Updated On Wed, Jun 24th, 2020 by Saurenergy Adani has picked up a minority stake in Odisha Power Generation Corporation (OPGC) – a thermal power generating company owned by the Government of Odisha. Fresh from its monumental win in the manufacturing linked solar power tender issued by the Solar Energy Corporation of India (SECI), the Adani Group has picked up a minority (49 […] Read more
Amazon Announces $2 Bn Fund to Support Sustainable Technologies and Services Updated On Wed, Jun 24th, 2020 by Saurenergy Amazon has announced a new Climate Pledge Fund to support the development of sustainable technologies and services with an initial USD 2 billion in funding Global e-commerce major — Amazon has announced a new Climate Pledge Fund to support the development of sustainable technologies and services that will enable Amazon and other companies to meet […] Read more
Sterling And Wilson Solar Results Updated On Wed, Jun 24th, 2020 by Saurenergy Continuing its somewhat strange relationship with the capital markets, Sterling and Wilson Solar finally released its March quarter results, and full year consolidated results, late yesterday night. The auditors apparently delivered signed copies of the books only by 11:24 p.m, as per the firm’s release to the BSE. Preceded by an over 4 hour board […] Read more