Canadian Solar Breaks Ground on 300 MW Solar Plus 561 MWh Storage Project in California Updated On Fri, Jan 15th, 2021 by Saurenergy Canadian Solar has announced that its wholly-owned subsidiary, Recurrent Energy, completed the sale of the Slate project to Goldman Sachs Renewable Power (GSRP). The project is a 300 MWac solar plus 140.25 MW / 561 MWh storage project located in Kings County, California, and has commenced construction. Canadian Solar’s majority-owned energy storage subsidiary, System Solutions and […] Read more
Tata Power to Develop 110 MW Solar Project for KSEBL Updated On Thu, Jan 7th, 2021 by Saurenergy Tata Power has announced that the company has received a LoA from KSEBL on January 6, 2021, to develop a 110 MW solar project. Tata Power, one of India’s largest integrated power companies, has announced that the company has received a Letter of Award (LoA) from the Kerala State Electricity Board Limited (KSEBL) on January […] Read more
Electricity Demand to Grow 6-7% in FY’22; Discom Finances to Remain Challenged: ICRA Updated On Thu, Jan 7th, 2021 by Saurenergy The all India electricity demand is expected to witness a growth of 6-7% in FY’22 against an estimated decline of 2.5% in FY’21, as per ICRA The all India electricity demand is expected to witness a growth of 6 percent – 7 percent in FY2022 against an estimated decline of 2.0 percent – 2.5 percent […] Read more
NSEFI Writes to MNRE for Delayed Payments of RE Developers Since April Updated On Tue, Dec 29th, 2020 by Saurenergy NSEFI has written a letter to MNRE requesting the urgent release of payments to RE Developers having PPAs with AP Discoms. National Solar Energy Federation of India (NSEFI) has written a letter to R.K. Singh, Minister of State (I/C) Power, New and Renewable Energy (MNRE) requesting the urgent release of payments to Renewable Energy (RE) […] Read more
Tender Issued for Hydro Plus Floating Solar Hybrid Project in Mumbai Updated On Tue, Dec 29th, 2020 by Saurenergy MCGM has tendered for a renewable hybrid energy project of 20 MW hydro power capacity and 80 MW floating solar capacity at the Vaitarna lake. The Municipal Corporation of Greater Mumbai (MCGM) acting through the Municipal Commissioner, has issued a tender for the selection of developers for procurement of a renewable hybrid energy project to […] Read more
Behind Azure’s Investor Update. Challenges To Continue in 2021 Updated On Mon, Dec 28th, 2020 by Saurenergy The Firm’s 4 GW project win through SECI remains in limbo. That places almost 18 GW of awarded solar projects together in the same boat in India. In an update to the Securities and Exchange Commission (SEC) in the US, where it is listed at the New York Stock Exchange (NYSE) Azure Power has sounded […] Read more
Siemens Gamesa Strikes 465 MW Deal in Brazil for its 5.X Turbine Platform Updated On Thu, Dec 24th, 2020 by Saurenergy Siemens Gamesa has signed a record order for its sector-leading Siemens Gamesa 5.X platform in a 465 MW deal with a leader in alternative asset management in Latin America, Patria Investments, to supply the São Vitor wind farm in the northeast of the country. The wind farm will be equipped with 75 Siemens Gamesa 5.8-170 […] Read more
Vestas Bags Wind Orders Worth 500 MW in Brazil and USA Updated On Thu, Dec 24th, 2020 by Saurenergy Global wind energy major Vestas has announced that it has secured two orders for almost 500 MW of wind energy projects in Brazil and USA. In Brazil, the firm has signed a new agreement with Casa dos Ventos for the 360 MW Babilônia project, located in the cities of Morro do Chapéu and Várzea Nova, […] Read more
SECI Closes 1.2 GW Hybrid Tender Issued in January, Lowest Bid at Rs 2.41/kWh Updated On Thu, Dec 24th, 2020 by Saurenergy SECI has finally closed its tender for setting up of a 1.2 GW hybrid projects in India with 3 firms submitting the lowest bid of Rs 2.41/kWh The Solar Energy Corporation of India (SECI) has finally closed its tender for setting up of a 1.2 GW ISTS-Connected solar-wind hybrid power projects in India under Tranche-III. […] Read more
