Tariff of Renewable Plus Storage Tenders now Competing With Thermal Updated On Thu, Feb 13th, 2020 by Saurenergy In the last one year in India, there has been a growth spurt in storage tender issuance, however, only for a few small tenders, the auctions are successful. In most other tenders, the storage capacity was so high that it leads to infeasible tariffs, and eventually to cancellations of many of these tenders, JMK Research […] Read more
MNRE Opens Facilitation Centre to Strengthen Ease of Doing Biz Updated On Wed, Feb 12th, 2020 by Saurenergy With an aim to further strengthen the ‘Ease of Doing Business’ in the country, the Ministry of New and Renewable Energy (MNRE) has opened a new wing as an “Industry and Investors’ Facilitation Centre” in the Ministry. This centre will work as a focal point to provide correct and timely information related to policies and […] Read more
SECI Extends Bid Deadline for its 4 MW Floating Solar With BESS Tender Updated On Wed, Feb 12th, 2020 by Saurenergy SECI has extended the bid submission deadline for its 4 MW floating solar power plant with 2 MW/01 MWh BESS tender at Andaman and Nicobar Islands. The Solar Energy Corporation of India (SECI) has issued a notification, extending the bid submission deadline for its 4 MW floating solar power plant with 2 MW/01 MWh Battery […] Read more
Difficult to Meet India’s 175 GW Renewable Energy Target by 2022: CSE Updated On Wed, Feb 12th, 2020 by Saurenergy India’s renewable energy sector seems to be losing steam and may find it tough to meet its 175 GW target by 2022, claims a new report India’s renewable energy sector seems to be losing steam and may find it tough to meet its 175 gigawatt (GW) target by 2022, even as its total capacity reached almost 86 GW […] Read more
Canadian Solar Gets $55 Mn Financing for its Lavras Solar Project in Brazil Updated On Tue, Feb 11th, 2020 by Saurenergy Canadian Solar has secured 225.2 million Brazilian reais (USD 55 million) project financing from BNB for its Lavras solar power projects in Brazil Canadian Solar has announced that it has secured 225.2 million Brazilian reais (USD 55 million) non-recourse project financing from Banco do Nordeste do Brasil (BNB) for its Lavras solar power projects in […] Read more
Tender for 500 MW Solar Power Projects Issued in Gujarat Updated On Mon, Feb 10th, 2020 by Saurenergy GUVNL has issued a tender for the purchase of power from 500 MW grid-connected solar PV power projects to be set up in Gujarat (Phase VIII). The Gujarat Urja Vika s Nigam Limited (GUVNL) has issued a tender, inviting bids from eligible parties for the purchase of power from 500 MW grid-connected solar PV power […] Read more
Sub-Saharan African Nations saw Record Jump in Renewables Investments in 2018: BNEF Updated On Mon, Feb 10th, 2020 by Saurenergy The year 2018 saw USD 2.8 billion spent on RE projects in sub-Saharan Africa – a regional record and some USD 600 million more than the previous year The year 2018 saw USD 2.8 billion spent on renewable (RE) projects in sub-Saharan Africa (excluding South Africa) – a regional record and some USD 600 million […] Read more
EIL Tenders for 2 MW Solar Plant for Hindustan Petroleum Updated On Mon, Feb 10th, 2020 by Saurenergy EIL has tendered on behalf of Hindustan Petroleum for a 2 MW solar PV power plant to be set up under phase II of the HPCL Green R&D Centre at Bengaluru. Engineers India Limited (EIL) has issued a tender on behalf of Hindustan Petroleum Corporation Limited (HPCL) for a 2 MW solar PV power plant […] Read more
Why India’s Thermal Woes Cast A Shadow Over Renewable Plans Updated On Fri, Feb 7th, 2020 by Saurenergy It’s all about the money. The money needed to clean up discoms, and soon, the money needed to clean up the mess in India’s thermal energy sector. By now, it is well known that one of the biggest impediments to India’s ambitious renewable energy goals is the state of its state distribution firms. Or discoms, […] Read more
