BloombergNEF Awards Sungrow 100% Bankability Rating Updated On Mon, Aug 19th, 2019 by Saurenergy Sungrow has been rated “100% bankability” by BNEF, demonstrating that projects with its inverters are more likely to obtain non-recourse debt financing from banks Sungrow, one of the leading global inverter solution supplier for renewables, has announced that it was rated “100% bankability” by BloombergNEF among inverter firms in its latest survey, demonstrating that projects […] 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
MNRE Invites Startups to Make Innovative Solutions; Offers Reward Up to Rs 10 Lakh Updated On Mon, Aug 19th, 2019 by Saurenergy As per the MNRE, top performer will receive a cash grant of Rs 10 lakh, while second position holder company will get Rs 7 lakh and third rank holder entity will be eligible for Rs 5 lakh as reward. With an aim to encourage new innovations in the country, the Ministry of New and Renewable […] Read more
Gujarat Allows Discoms to Fulfill RPO by Purchasing Power From Small Solar Projects Updated On Mon, Aug 19th, 2019 by Saurenergy Gujarat Electricity Regulatory Commission has granted permission to state Discoms to procure power from small solar projects to meet their RPO The Gujarat Electricity Regulatory Commission (GERC) has in its latest order granted permission to the Gujarat Urja Vikas Nigam Limited (GUVNL) and the other state Discoms to procure power from small solar projects of […] Read more
Sembcorp Brings Online 200 MW Wind Project in Gujarat Updated On Mon, Aug 19th, 2019 by Saurenergy Sembcorp Energy India has commissioned a 200 MW wind project at Bhuj in Gujarat. The Indian subsidiary of Singapore-based Sembcorp Industries has announced that it has commissioned a 200 MW wind power project at Bhuj in Gujarat. With this project, the company’s total generation capacity reached 450 MW making it the largest producer of wind […] Read more
Vestas Earnings dip While Recording Highest Quarter Intake and Order Backlog Updated On Sat, Aug 17th, 2019 by Saurenergy Vestas revealed that revenue and earnings decreased while the highest ever quarterly order intake and combined order backlog at an all-time high level. Vestas has revealed that revenue and earnings decreased compared to last year’s second quarter while free cash flow improved. Highest ever quarterly order intake and combined order backlog at an all-time high […] Read more
Solar Can Go Subsidy Free in China, Finds Study Updated On Wed, Aug 14th, 2019 by Saurenergy In a study that puts the incredible drop in solar prices in context, a study by researchers in China and Sweden has concluded that 344 prefecture level Chinese cities can afford to buy solar powered electricity at a price lower than the existing grid. The paper was published in Nature Energy, a British peer reviewed […] Read more
Neoen Bags Two Solar Projects Worth 108 MW in Europe Updated On Tue, Aug 13th, 2019 by Saurenergy Neoen has been awarded two solar projects in Portugal and France worth a total combined capacity of 108 MW. Neoen, one of the world’s leading and fastest-growing independent producers of exclusively renewable energy has announced that it has been awarded two solar projects in Portugal and France worth a total combined capacity of 108 MW. […] Read more
CARE Downgrades Outlook of 11 Telangana Solar Firms Updated On Tue, Aug 13th, 2019 by Saurenergy After CRISIL, Indian ratings agency CARE has downgraded the outlook of 11 solar companies in the wake of AP order to review PPAs. Care Ratings has revised its outlook to negative on the borrowing programs of 11 solar power producers. The agency did so due to delayed payment to the solar firms by distribution companies in Telangana […] Read more
