APTEL Asks Andhra Pradesh DISCOM to Pay Dues to Vibrant at Lower Rate Than in PPA Updated On Wed, Jan 18th, 2023 by Saurenergy The Appellate Tribunal for Electricity at New Delhi (APTEL) has directed APSPDCL (the southern power DISCOM of Andhra Pradesh- Andhra Pradesh Southern Power Distribution Company Limited) to compensate Vibrant Greentech India Pvt Ltd for the electricity supplied to it by the firm. Further, the APTEL has asked APSPDCL to compensate the firm at Rs.2.93 per […] Read more
KPI Green Energy to Sell 6.3 MW Solar Power To Three Clients Updated On Tue, Jan 17th, 2023 by Saurenergy Gujarat based KPI Green Energy Ltd. has announced that it has inked a set of new Power Purchase Agreements (PPAs) under which the company will sell 6.3 MW of solar power. KPI Green Energy will make this sale in the interdependent power producer (IPP) segment. KPI Green Energy said in a disclosure before stock exchanges […] Read more
Ireland’s IPP Power Capital RE Secures €240 Million for 1.2 GW of Solar Assets Updated On Tue, Jan 17th, 2023 by Saurenergy Ireland’s leading solar Independent Power Producer, Power Capital Renewable Energy, has announced the closing of an up to EUR 240 million construction equity facility for the development of solar power projects. Power Capital held that the financial facility has been closed with a consortium of lenders managed by Eiffel Investment Group including Belgian insurance company Ethias […] Read more
Countries That India Can Seek Inspiration From For Renewable Investments Updated On Tue, Jan 17th, 2023 by Saurenergy India lost four ranks in the 59th edition of the Renewable Energy Country Attractiveness Index (RECAI). The South Asian Country was the seventh most attractive country for renewable energy investments, down from the third place it held earlier. In its 60th edition, India maintained its position. However, several other nations made steady progress on the […] Read more
USA’s Leeward RE Raises $260 Mn For Chaparral Springs Solar + Storage Project in California Updated On Thu, Jan 12th, 2023 by Saurenergy Leeward Renewable Energy, A US based firm that delves into the development of new wind, solar, and energy storage projects in energy markets across the US, has announced that it has closed about $260 million in construction financing and secured tax equity commitments for its Chaparral Springs Solar + BESS Facility. The renewable energy project […] Read more
US based Enfinity Global Acquires 400 MW of Operating Solar Projects Updated On Wed, Jan 11th, 2023 by Saurenergy US-based renewable energy firm Enfinity Global has announced that it has completed the acquisition of a 400 MW operational utility-scale solar portfolio marking a further expansion in the US market. The official statement of Enfinity Global said that in September 2022, it signed a deal with Capital Dynamics to acquire a diversified contracted portfolio, consisting […] Read more
Atlas Renewable Energy Gets $210 million For 438 MW Solar Project in Brazil Updated On Wed, Jan 11th, 2023 by Saurenergy Global renewable player Atlas Renewable Energy has secured a loan of $210 million from Brazil’s Banco Nacional de Desenvolvimento Econômico e Social (BNDES) to finance its Boa Sorte solar project which is of 438 MW in capacity. Atlas said that this marks the first time that BNDES has executed a US dollar-indexed loan to a […] Read more
Toyota Material Handling France & Alight Join Hands for Rooftop Solar Plant Updated On Wed, Jan 11th, 2023 by Saurenergy Toyota Material Handling France (TMHFR), a leading firm in materials handling equipment, has entered into a Power Purchase Agreement (PPA) with the solar energy firm Alight. Under the power purchase agreement (PPA), Alight provides solar energy to TMHFR at its facility in Bussy-Saint-Georges Paris, France. Alight develops, owns and manages the rooftop photovoltaic plant at […] Read more
CERC Approves Tariff For SECI’s 1200 MW RTC Power Project Updated On Tue, Jan 10th, 2023 by Saurenergy SECI’s landmark RTC tender for green energy has received formal CERC approval for tariff adoption and trading margins. SECI had issued a tender in 2019 for “Round-the-Clock” supply of 400 MW ISTS-connected Renewal Energy project with assured peak power supply in India under tariff based competitive bidding. SECI recently filed a petition with CERC for […] Read more
