India’s Renewable Capacity Additions to Fall in Next 5 Years: BTI Updated On Fri, Jun 5th, 2020 by Saurenergy India’s renewable capacity additions in the next five years is expected to fall down from previous estimates due to COVID-19 disruptions, according to BTI India’s total solar and wind (renewable) power capacity additions in the next five years is expected to reach only 35 gigawatt (GW) and 12 GW, respectively, down from previous estimates due […] Read more
SECI Reschedules Pre-bid Meeting for 2.5 GW Solar Projects in K’taka Updated On Thu, Jun 4th, 2020 by Saurenergy The Solar Energy Corporation of India (SECI) has rescheduled the pre-bid meeting for the Request for Selection (RfS) for 2500 MW (or 2.5 GW) ISTS-connected solar photovoltaic (PV) projects in Ultra Mega Renewable Energy Power Park (UMREPP), Koppal district, Karnataka. The information has been notified by SECI stating that “with respect to the RfS for […] Read more
DESRI Acquires 100 MW Utah Solar Project from Community Energy Updated On Wed, Jun 3rd, 2020 by Saurenergy In continuation of its 5th transaction with Community Energy, D. E. Shaw Renewable Investments (DESRI) has acquired the Hunter solar project of 100 MW capacity in Utah from a Pennsylvania-headquartered renewable energy project developer. Besides acquisition, DESRI has also closed on the financing and a tax equity commitment for this solar project. Further, this Hunter […] Read more
Renewables Increasingly Cheaper Than new Fossil Fuels Based Capacity: IRENA Updated On Wed, Jun 3rd, 2020 by Saurenergy Renewable power is increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by IRENA finds. Renewables are increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by the International Renewable Energy Agency (IRENA) finds. The report, ‘Renewable Power Generation Costs in 2019’, shows that more than half […] Read more
EDF, Enbridge & wpd Begin Construction at 500 MW Offshore Wind Farm Updated On Tue, Jun 2nd, 2020 by Saurenergy EDF Renewables, Enbridge, and wpd have announced the launch of the 500 MW Fécamp offshore wind farm off the coast of northwest France. EDF Renewables, a subsidiary of the EDF Group, Enbridge, a leading energy infrastructure company in North America, and wpd, a European renewable energy company, have announced the launch of the 500 MW Fécamp offshore wind […] Read more
8minute Gets $225 Mn Loan from CIT Consortium for 18 GW Solar + Storage Projects Updated On Tue, Jun 2nd, 2020 by Saurenergy 8minute Solar Energy (8minute), a leading independent solar energy and storage projects developer in the United Sates, has secured a USD 225 million letter of credit (LC) facility from CIT led consortium. The consortium led by CIT as a sole coordinating lead arranger is comprised of 5 banks including KeyBank, HSBC, Rabobank and Nomura Holdings. […] Read more
PXIL Kicks Off Real Time Market Trade for Power Transaction in India Updated On Mon, Jun 1st, 2020 by Saurenergy NSE and NCDEX promoted Power Exchange India Ltd (PXIL) has kick-started its first Real Time Market (RTM) trade in India for delivery of electricity effective from today i.e. June 01, 2020. The first trade was conducted by clients of Kreate Energy Pvt Ltd and PTC India Ltd on the PXIL’s platform, and the initial auction […] Read more
Longroad Energy Selected for 160 MW Solar With 640 MWh BESS in Hawaii Updated On Mon, Jun 1st, 2020 by Saurenergy Longroad Energy has been selected by the Hawaiian Electric Company to begin developing two utility-scale solar and battery storage projects in Hawaii Longroad Energy has been selected by the Hawaiian Electric Company (HECO) to begin developing two utility-scale solar and battery storage projects for completion in 2023 in the state of Hawaii. The two projects […] Read more
PXIL to Launch Real Time Market for Electricity Transactions From June 1 Updated On Fri, May 29th, 2020 by Saurenergy PXIL is launching a real time market which will enable buyers & sellers to purchase/ sell electricity from anywhere in the country with just 1 hours notice The Power Exchange India Ltd (PXIL) has said it will be launching a real-time market for electricity transactions from June 1, 2020. The Real Time Market (RTM) provided […] Read more
