ADB and LEAP Sign $18.7 Mn Loan Agreement For Financing 5MW Solar Plant in Mongolia Updated On Fri, Mar 22nd, 2019 by Saurenergy The loan agreement marks ADB’s first co-financing with LEAP in Mongolia’s renewable energy sector. The Asian Development Bank (ADB) and the Leading Asia’s Private Infrastructure Fund (LEAP) today signed an $18.7 million loan with Sermsang Power Corporation Public Company Limited (SSP) and Tenuun Gerel Construction LLC (TGC) to build, operate, and maintain a 15 MW […] Read more
West Bengal Issues Tender For 7 MW Solar Plant in Durgapur Updated On Fri, Mar 22nd, 2019 by Saurenergy The last date for bid submission is April 10, 2019. The West Bengal Renewable Energy Development Agency (WBREDA) has issued a tender for developing of a 7 MW grid-connected solar PV power plant on turnkey basis at Durgapur, West Bengal. The brief scope of work for selected bidders will include the design, engineering, manufacture/procurement, supply, […] Read more
CECEP Connects World’s Largest Floating Solar Plant in China Updated On Fri, Mar 22nd, 2019 by Saurenergy Chinese state-owned developer CECEP, in collaboration with French floating solar specialists Ciel & Terre, has connected its 70 MW floating solar power plant in Anhui, China to the grid after the project successfully cleared all tests and monitoring. Located on a former coal-mining area, in Yongqiao district, Suzhou city, the floating PV array will mainly […] Read more
DERC Approves PSA Between SECI and Tata Power-DDL For Sale of 50 MW Wind Power Updated On Fri, Mar 22nd, 2019 by Saurenergy The Delhi Electricity Regulatory Commission (DERC) has approved the Power Sale Agreement (PSA) between the Solar Energy Corporation of India (SECI) and Tata Power Delhi Distribution Limited (TPDDL) for the sale of 50 MW of wind power. The order was passed after TPDDL had petitioned the commission to approve the PSA and adopt a tariff […] Read more
SECI Re-Issues Notice For Selection of SPDs For 2 MW Solar Projects at Army Posts in J&K Updated On Fri, Mar 22nd, 2019 by Saurenergy The solar projects will be developed at the army post in Siachen and an army post in Partapur. The Solar Energy Corporation of India (SECI) has issued a notice for the third time, inviting online bids for setting up of 2 MW solar power plants in Jammu and Kashmir. The solar projects will be developed […] Read more
723 GW of New Wind Capacity Expected in the Next Decade : WoodMac Updated On Fri, Mar 22nd, 2019 by Saurenergy Wood Mackenzie Power and Renewables ‘Global Wind Power Market Outlook Update: Q1 2019’ report predicts the additions of nearly 723 GW of new wind capacity in the decade leading up to 2028. According to the report, 50.2GW of new wind power was added globally in 2018, a 4% increase Year on Year (YoY) and the […] Read more
InfraCo Africa Signs $2.2 M Loan Agreements with Gigawatt Global Updated On Fri, Mar 22nd, 2019 by Saurenergy InfraCo Africa has signed $2.2 million convertible loan agreements with energy developer Gigawatt Global for the development of the Samburu Solar and Transmara Solar projects in Kenya. Each with a capacity of 10MWAC, the sister facilities will generate clean, reliable electricity in some of the poorest counties in the country. The financing committed by InfraCo Africa will […] Read more
Iberdrola Commences Work on $340 million Spanish Solar Plant Updated On Wed, Mar 20th, 2019 by Saurenergy Spanish utility Iberdrola has commenced work on a 500-megawatt (MW) solar photovoltaic power plant in Badajoz, Spain. It is its first PV project in Europe. The facility, Iberdrola’s first photovoltaic plant in Europe, will use 1.5 million panels spread across a 1,000-hectare site. The company will invest around 300 million (US$340 million) euros in its development. Iberdrola […] Read more
China’s Ambitious Solar Power Space Project is a bet on the future Updated On Wed, Mar 20th, 2019 by Saurenergy China plans to have a solar power station orbiting the earth at 36,000 km, allowing it to tap the energy of the sun’s rays without interference from the atmosphere or loss of sunlight. According to Chinese media, the country is working on plans to build a solar farm in space. The project is hugely ambitious […] Read more
