First Bids Under IL&FS Asset Monetisation Expected Soon Updated On Mon, Mar 18th, 2019 by Saurenergy The sale of its renewable energy business will reduce the total debt of IL&FS by Rs 5,000 crore. Cash-strapped IL&FS Group will receive first set of bids under the asset monetisation process on Monday as part of the resolution process, according to sources. The company’s board will later consider bids for Rs 8,000 crore renewable energy business that […] Read more
Intersolar India West to Showcase Latest Developments & Opportunities For Solar Industry of Western India Updated On Mon, Mar 18th, 2019 by Saurenergy Maharashtra is the growth engine of India’s economy taking strident steps to be among the top PV states in India. Leading with its solar rooftop market and being the capital for India’s financial industry, Mumbai is the best place for doing solar business in India’s western regions. Intersolar India West will open its doors on […] Read more
GE to Modernise Rajasthan’s Transmission Grid Updated On Sat, Mar 16th, 2019 by Saurenergy GE will modernise the Rajasthan Transmission Grid with First-of-Its-Kind Advanced Grid Management Project in India, becoming the first state to implement game-changing power transmission technology. GE Renewable Energy’s Grid Solutions business today announced that it has been awarded a technology-driven grid modernisation project by Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPL) as part of the […] Read more
Tata Power Collaborates with Enedis, Schneider Electric, Odit-e & VaasaETT to Implement Smart Grid Demonstrator Updated On Sat, Mar 16th, 2019 by Saurenergy Tata Power Delhi Distribution (Tata Power-DDL) has joined hands with Enedis, Schneider Electric, Odit-e, and VaasaETT to implement a Smart Grid Demonstrator in India. The MoU for the same was signed between Sanjay Banga, CEO, Tata Power-DDL; Philippe Monloubou, Chairman of Management Board, Enedis; Luc Remont, Executive Vice President International Operations, Schneider Electric; Philippe Deschamps, […] Read more
GE’s Largest Onshore Wind Turbine Prototype Operational in Netherlands Updated On Fri, Mar 15th, 2019 by Saurenergy The Cypress 5.3 MW prototype was installed in late 2018 and produced its first kilowatt in February 2019. GE Renewable Energy has announced that its prototype for the Cypress platform, the largest onshore wind turbine for GE in the field, has been successfully installed and is fully operational, producing power at a rated level of […] Read more
Rajasthan Issues Amendment For Determination of Tariff For Wind and Solar Energy Updated On Fri, Mar 15th, 2019 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) has issued draft regulations for as a second amendment to the terms and Conditions for determination of tariff for renewable energy sources, specifically Wind and Solar Energy in the state. The latest amendments/regulation will supersede the regulations for determining tariffs which were first issued in 2014. Key Highlights: […] Read more
MNRE Seeks Suggestions on Draft Guidelines For Installation of Solar Pumps/Plants By Farmers Updated On Wed, Mar 13th, 2019 by Saurenergy Stakeholders have until March 22, 2019, to send their comments/ suggestions/ views on the draft guidelines. The Ministry of New and Renewable Energy (MNRE) has issued a notice inviting suggestions and comments from stakeholders on the draft guidelines for implementation of the scheme for farmers for installation of solar pumps and grid-connected solar power plants. […] Read more
ReNew Power Concludes $375 Mn Green Bond Issue Updated On Wed, Mar 13th, 2019 by Saurenergy The capital raised through the green bond issue will be utilised for refinancing of outstanding external commercial borrowings and as Capex in eligible green projects. ReNew Power Limited, one of India’s largest renewable energy Independent Power Producer (IPP) has successfully concluded a green bond issue of US$ 375 million. The five-year non-call two notes were […] Read more
Ingeteam Supplies Storage Power Station for Dubai’s Largest Solar Park Updated On Tue, Mar 12th, 2019 by Saurenergy Moreover, Japanese firm NGK Insulators Ltd has supplied its NAS batteries for the project. Ingeteam, a leading company specialising in the design of power and control electronics, has supplied its storage power station for a pilot battery energy storage system (BESS) project in Dubai’s largest solar park. The company said in a statement that, “Ingeteam […] Read more