Azure Power Gets LoA for 300 MW Project in SECI Auction Updated On Wed, Jul 31st, 2019 by Saurenergy The company is also expected to sign a 25-year agreement with SECI to supply power at a tariff of Rs 2.54 (U.S. 3.7 cents) per kWh. Azure Power, one of the country’s largest solar power developers and operators, has won 300 MW of an Inter State Transmission System (ISTS) solar power project in a Solar […] Read more
Industry Making a Mistake by Staying Quiet on the Andhra Skirmish Updated On Tue, Jul 30th, 2019 by Saurenergy Even as the Andhra Pradesh government’s move to ‘renegotiate’ PPA’s continues to cause consternation, industry, and not just the renewables sector at that, seems intent on missing an opportunity to show some spine and establish some respect for the law they live by. By now, no one in the renewables sector is unfamiliar with the […] Read more
Siemens Gamesa Doubles Net Income in First 9 Months of FY 19 Updated On Tue, Jul 30th, 2019 by Saurenergy Siemens Gamesa has reported in its results of the first nine months (Oct-Jun) of FY 2019, that it doubled its net income to €88 million in the period. Siemens Gamesa Renewable Energy (SGRE) has reported the results of the first nine months (October-June) and the third quarter (April-June) of the fiscal year (FY) 2019. The […] Read more
EDPR Sells Stake in 137 MW Brazilian Wind Farm to Actis Updated On Tue, Jul 30th, 2019 by Saurenergy EDPR has signed an agreement with a subsidiary of Actis for the sale of all of its shareholding in a 137 MW onshore wind project in Brazil EDP Renewables (EDPR), the renewable arm of Portugal’s largest electric utility company EDP, has announced that it has signed an agreement with a subsidiary of the private equity […] Read more
SunSource to Start Work on 70 MW Open Access Solar Project in UP Updated On Tue, Jul 30th, 2019 by Saurenergy SunSource Energy is ready to begin work on its 70 MW solar power project under the open access scheme in the state of Uttar Pradesh. SunSource Energy, a leading distributed solar energy company, has announced that it is ready to begin work on its 70 MW solar power project under the open access scheme in […] Read more
Tata Power to Develop 250 MW Solar Plant in Gujarat Updated On Mon, Jul 29th, 2019 by Saurenergy Tata Power Renewable Energy Limited has received an LOA from GUVNL to develop a 250 MW solar plant in Dholera Solar Park of Gujarat. Tata Power, India’s largest integrated power company, has announced that its wholly-owned subsidiary, Tata Power Renewable Energy Limited (TPREL) has received a Letter of Award (LOA) from Gujarat Urja Vikas Nigam […] Read more
Global Solar PV Installations to Reach Record 114.5 GW in 2019 Updated On Fri, Jul 26th, 2019 by Saurenergy A new report has predicted that the global solar PV installations in 2019 will reach a record high of 114.5 GW, up nearly 17.5 percent on 2018. As noted in the Wood Mackenzie ‘Global solar PV market outlook update: Q2 2019′, the market is now back on a strong growth trajectory after a slowdown in 2018. […] Read more
AEP Completes Acquisition of 227 MW Wind Project in Texas Updated On Fri, Jul 26th, 2019 by Saurenergy AEP has completed the purchase of 75 percent, or 227 MW, of the Santa Rita East wind project from Invenergy Renewables in San Angelo, Texas. American Electric Power (AEP), has announced that it has completed the purchase of 75 percent, or 227 MW, of the Santa Rita East wind project from Invenergy Renewables in San Angelo, Texas. […] Read more
8 Key Points From KUSUM Scheme Implementation Guidelines Updated On Thu, Jul 25th, 2019 by Saurenergy MNRE has issued guidelines for the implementation of the Rs 34,422 crore KUSUM Scheme The Ministry of New and Renewable Energy (MNRE) has issued guidelines for the implementation of the Rs 34,422 crore Pradhan Mantri Kisan Urja Suraksha evam Uthan Mahabhiyan (KUSUM) Scheme, that aims to provide both financial security and more sustainable water access […] Read more
