MNRE Eases Norms Bidding on Solar Power Projects Updated On Fri, Aug 2nd, 2019 by Saurenergy MNRE has issued amendments to the guidelines for the tariff-based competitive bidding process for procurement of power from grid-connected solar projects The Ministry of New and Renewable Energy (MNRE) has issued amendments to the guidelines for the tariff-based competitive bidding process for procurement of power from grid-connected solar PV power projects. The guidelines, which were […] Read more
MNRE Continues Supportive Moves. Clarifies on LOC Issue Updated On Fri, Aug 2nd, 2019 by Saurenergy Close on the heels of its missive to all state secretary’s, reminding them to treat power generated from wind and solar as ‘must use’, and not subject to curtailment, the Ministry of New and Renewable Energy ( MNRE) has released a fresh clarification on the issue of LC’s (Letter of Credit) needed to be opened […] Read more
Amazon Announces RE Projects Worth 68 MW in Ireland and US Updated On Fri, Aug 2nd, 2019 by Saurenergy Amazon has announced the company’s 65th and 66th renewable energy projects, which will be developed in Ireland and the US. Amazon has announced the company’s 65th and 66th renewable energy projects. The company’s latest renewable energy project in the EU will be located in Cork, Ireland, and will be the second Amazon Wind Farm in the country. Once complete, the new […] Read more
Capital Dynamics Acquires 180 MW Solar Project in Nevada Updated On Fri, Aug 2nd, 2019 by Saurenergy Capital Dynamics has announced that its CEI business has acquired the Townsite Solar Project, a 180 MW solar project located in Nevada Capital Dynamics, an independent global private asset management firm, has announced that its Clean Energy Infrastructure (CEI) business has acquired the Townsite Solar Project, a 180 MW/ 231 MWdc solar project located in […] Read more
EBRD Finances Largest Private-to-Private Solar Plant in Jordan Updated On Fri, Aug 2nd, 2019 by Saurenergy EBRD will together with its partners support a pioneering solar energy plant in Jordan with a financial package of up to USD 35 million. The European Bank for Reconstruction and Development (EBRD) has announced that it will together with its partners support a pioneering solar energy plant in Jordan with a financial package of up to […] Read more
SLDC to Pay for Irregular Curtailment of Wind, Solar Power Updated On Thu, Aug 1st, 2019 by Saurenergy If any SLDC curtails wind or solar power for any reason other than grid safety or security or as prescribed in respective grid code/ regulation, they shall be liable for making good the loss incurred by the wind or solar power generators towards deemed generation. The Ministry of New & Renewable Energy (MNRE) has issued an […] Read more
MNRE Clarifies on Payment Security Mechanism Directive for Gencos Updated On Thu, Aug 1st, 2019 by Saurenergy The energy generated during the non-dispatch period shall be calculated on the basis of Capacity Utilization Factor as declared by the generators in Power Purchase Agreements. The Ministry of New & Renewable Energy (MNRE) has issued a clarification on the power ministry’s latest directive, which is applicable from today, for power distribution companies (dZiscoms) to […] Read more
IFC, EIB and Proparco to Finance Constriction of 2 Solar Plants in Senegal Updated On Thu, Aug 1st, 2019 by Saurenergy Proparco, IFC and the EIB have granted loans totaling EUR 38 million for the construction and operation of two solar power plants in Senegal. Proparco, the International Finance Corporation (IFC) and the European Investment Bank (EIB) have granted loans totaling EUR 38 million for the construction and operation of two solar power plants in Senegal. […] Read more
EBRD Grants €149 Million Loan to Upgrade Ukraine’s Transmission Updated On Thu, Aug 1st, 2019 by Saurenergy European Bank for Reconstruction and Development (EBRD) has announced that it will provide a €149 Million Loan for the upgrade of Ukraine’s transmission network The European Bank for Reconstruction and Development (EBRD) has announced that it will provide a €149 Million Loan to support the upgrade of Ukraine’s transmission network. The investment will help Ukrenergo upgrade […] Read more
