IREDA IPO Expected By September Updated On Fri, Feb 8th, 2019 by Saurenergy IREDA will issue fresh 13.90 crore shares, increasing the paid-up share capital of the company from Rs 784 crore to Rs 923 crore. The initial public offer (IPO) of state-owned Indian Renewable Energy Development Agency (IREDA) will be launched before September 2019, a top official has confirmed. “We can raise up to 15 percent of our equity. […] Read more
Tender For 2 MW Canal-Top Solar Project Issued in Jharkhand Updated On Fri, Feb 8th, 2019 by Saurenergy The project is to be developed at the Sikidiri Canal located near the Sikidiri Village and the last date of bid submissions is February 11, 2019. The Jharkhand Renewable Energy Development Agency (JREDA) has issued tender seeking bids from eligible EPC firms to set up a 2 MW grid-connected canal-top solar project in Ranchi. The […] Read more
SECI and Govt of Puducherry Sign PSA For 100 MW Wind Power Updated On Thu, Feb 7th, 2019 by Saurenergy SECI announce an agreement with the Electricity Department of Puducherry for sourcing 100 MW of wind power. The Electricity Department of the Government of Puducherry has signed an agreement with the Solar Energy Corporation of India (SECI) to source 100 MW of Wind Power. The new agreement will be slotted under the Union Territory’s Renewable […] Read more
Haryana Issues Tender For 10 MW Floating Solar PV Plant Updated On Thu, Feb 7th, 2019 by Saurenergy The floating plant will be set up at a raw water reservoir at the Rajiv Gandhi Thermal Power Plant in Khedar, Hisar. The Haryana Power Generation Corporation Limited (HPGCL) has floated a tender for developing a 10 MW floating solar PV power plant in the state. The HPGCL will provide the site for free and […] Read more
Nike Signs First Wind Power PPA in Europe Updated On Thu, Feb 7th, 2019 by Saurenergy The global sporting brand now benefits from the supply of over 200 megawatts (MW) of renewable wind power. Nike, the global sporting brand, has signed a Power Purchase Agreement (PPA) with Spain’s Iberdrola to source 40 MW of wind power from the Cavar wind complex in Navarra, northern Spain to power its facilities in Europe. […] Read more
Bangalore International Airport Inaugurates Rooftop Solar Plant Updated On Thu, Feb 7th, 2019 by Saurenergy The solar system is expected to generate around 4.7 million units of power per annum. The Kempegowda International Airport (Bangalore) inaugurated its 3.35 MW rooftop solar power plant. The power generated from the rooftop systems will be used to meet the electricity demands of the airport. The solar system is expected to generate around 4.7 […] Read more
With 10 GW targets for 2019 in Wind and Solar, SECI has its task cut out Updated On Thu, Feb 7th, 2019 by Saurenergy The focus this year will be on storage, and possibly, hybrid ‘wind-solar’ projects. After a rather ‘disappointing’ 2018, when large cancellations made an appearance for the first time, besides the uncertainty around GST, duties, and even state level flip flops, 2019 promises to be a tough year for SECI. We look at what it might […] Read more
ADB Invests $20 Mn to Finance RE Projects in Southeast Asia Updated On Wed, Feb 6th, 2019 by Saurenergy Proceeds of the bonds will finance renewable energy projects in the Asia and Pacific region, including Vietnam, the Philippines, and Indonesia. The Asian Development Bank (ADB) has invested $20 million in the maiden climate bond issuance of AC Energy, a wholly-owned subsidiary of Ayala Corporation in the Philippines. ADB is an anchor investor in the […] Read more
CERC Issues Order to Optimise ISGS Schedules in India, Reducing Generation Costs Updated On Wed, Feb 6th, 2019 by Saurenergy The CERC in its order has stated that the pilot for the SCED will be implemented by POSOCO with effect from April 1, 2019. The Central Electricity Regulatory Commission (CERC), after reviewing proposals made by the Power System Operation Corporation (POSOCO) on “Security Constrained Economic Dispatch (SCED) of Inter-State Generating Stations pan India,” has issued […] Read more
