Terra-Gen Closes Financing for 400 MW Wind Facility Updated On Thu, Sep 5th, 2019 by Saurenergy Terra-Gen has closed construction financing of value USD 650 million for its 400 MW High Prairie Wind Power Facility under development in Missouri Leading independent renewable energy provider Terra-Gen has closed construction financing on its 400-megawatt (MW) High Prairie Wind Power Facility. The USD 650 million financing resulted from the attractive development attributes of the project, its […] Read more
Rays Power Infra to Invest Rs 1700 cr to Develop Solar Projects in India Updated On Tue, Sep 3rd, 2019 by Saurenergy Rays Power Infra is set to invest over Rs 1700 crore to develop & construct accumulative of 450 MW solar projects under open access regulations across India Rays Power Infra, a leading solar power company with its presence across India, is set to invest over Rs 1700 crore to develop and construct accumulative of 450 […] Read more
Canadian Solar Secures USD 120 mn Financing for Brazilian Solar Projects Updated On Thu, Aug 29th, 2019 by Saurenergy Canadian Solar has secured a USD 120 million project financing from Banco do Nordeste do Brasil for its Francisco Sa and Jaiba solar power projects Canadian Solar, one of the world’s largest solar power companies, has announced that it has secured 487 million Brazilian reais (USD 120 million) non-recourse project financing from Banco do Nordeste […] Read more
SECI Extends Bid Submission Deadline for Two Solar Tenders Updated On Mon, Aug 26th, 2019 by Saurenergy Listen to : Your browser does not support the audio element. SECI has extended the bid submission deadline for two of its biggest active solar tenders at the moment, the 1.5 GW CPSU-II and the 6 GW manufacturing-linked tender The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for two of […] Read more
Reverse Bidding Is Not Always The Best Friend For Quality: Rohit Kumar Updated On Fri, Aug 23rd, 2019 by Saurenergy Reverse bidding is not always the best friend for quality specifically in the Indian context, and this was also highlighted recently by PI Berlin study tour where the PV consultancy PI Berlin issued a report highlighting serious safety concerns, poor installation practices on system output monitoring, as well as a worrying lack of warranties. We […] Read more
Up to 85 GW of RE Demand Exists Within US Corporates Through 2030 Updated On Fri, Aug 23rd, 2019 by Saurenergy According to a new report, up to 85 GW of renewable energy demand exists within the largest US companies through 2030 According to a new report from Wood Mackenzie and the American Wind Energy Association (AWEA) on the ‘Commercial and Industrial Wind Energy Demand in the United States’, Wood Mackenzie estimates that up to 85 […] Read more
States That Miss UDAY Targets to Face Fund Cuts: R K Singh Updated On Thu, Aug 22nd, 2019 by Saurenergy The Centre has proposed a reduction in funds of the states that miss targets set under the 2nd version of UDAY scheme, which is at the draft stage The Centre has proposed a reduction in power sector funds of the states that would not maintain performance benchmarks set under the second version of Ujwal Discom Assurance Yojana […] Read more
MP Extends Scope of Subsidised Power Scheme Updated On Tue, Aug 20th, 2019 by Saurenergy Madhya Pradesh has decided to provide electricity at Rs 1 per unit to all domestic consumers using up to 100 units pm, with an upper cap of 150 units. The Madhya Pradesh government has decided to provide electricity at Rs one per unit to all domestic consumers using up to 100 units every month, with an […] Read more
Gujarat Finalises Bids for 150 MW Against 950 MW Tender Capacity Updated On Mon, Aug 19th, 2019 by Saurenergy GUVNL was able to finalise bids for only a 150 MW against the 950 MW capacity it had tendered to be developed in Dholera (750 MW) and Raghanesda (200 MW) The latest auctions held in Gujarat for the award of solar power capacities have continued to receive lukewarm responses, with power project developers shying away […] Read more
