NOVEC Signs 300 MW Agreement to Bring Low Cost Solar Power to Virginia Updated On Thu, Feb 21st, 2019 by Saurenergy The solar facilities involved in the agreement are expected to produce enough electricity to power nearly 73,000 homes, or the equivalent of taking nearly 37,000 passenger vehicles off the road. Northern Virginia Electric Cooperative (NOVEC), the 11th largest electric cooperative in the U.S. and D. E. Shaw Renewable Investments (DESRI) have reached an agreement for […] Read more
The URGE for “Li” Vault Updated On Wed, Feb 20th, 2019 by Saurenergy Nowadays, power storage has become vital on the back of its rapid response even at the time of peak demand, as most of the power storage technologies began transmitting power back to the grid within milliseconds. Moreover, storage technologies not only help in bolstering the use of electric vehicles but also help in reducing carbon […] Read more
We Welcome The Govt Decision For 2nd Phase of RTS Scheme: Praveer Sinha Updated On Wed, Feb 20th, 2019 by Saurenergy Heavy front-ended investment of RTS has been the single biggest challenge holding back its deeper penetration, particularly in rural and semi-urban parts of the country, Sinha said. In a bid to achieve the ambitious targets of 40 GW cumulative capacity from Rooftop Solar (RTS) Projects by 2022, the government has provided its consent for the […] Read more
Biggest Solar Project/Tenders for the week Updated On Mon, Feb 18th, 2019 by Saurenergy AAI Seeks Engineering Consultancy for 5 MW Solar Project at Calicut Airport The Airport Authority of India (AAI) has invited bids from eligible consultancy/EPC Firms having experience in solar power projects for providing consultancy on the provision of 5 MW solar plant at the Calicut Airport. The brief scope of work for winning bidders will […] Read more
Implementation of 1000 MW Solar Power Projects With VGF Updated On Mon, Feb 18th, 2019 by Saurenergy The detailed tender document is under preparation and shall be available for download from February 28, 2019. The Solar Energy Corporation of India (SECI) has issued a notice with reference to the NIT regarding the Tender for Implementation of 1000MW Grid Connected Solar PV Power Projects by the Government Producers with Viability Gap Funding (VGF) Support for Self-Use […] Read more
EBRD, BSTDB to Finance 57.6 MW Solar Plant in Ukraine Updated On Sat, Feb 16th, 2019 by Saurenergy Now, the country is mulling to increase the share of renewables in its energy mix mainly on account of a new solar plant located in the Mykolaiv region. International lenders, the European Bank for Reconstruction and Development (EBRD) and the Black Sea Trade and Development Bank (BSTDB) will be financing the 57.6 MW new solar […] Read more
PPA For 250 MW Wind Farm Signed in Egypt Updated On Thu, Feb 14th, 2019 by Saurenergy The project will produce more than 1000GWh a year, powering the equivalent of over 350,000 homes in Egypt. Lekela, the renewable power company that delivers utility-scale projects across Africa, has signed a power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for its 250MW wind farm project in the Gulf of Suez, near […] Read more
Cost of Solar Power to Drop to Rs 1.9 Per Unit by 2030: Report Updated On Wed, Feb 13th, 2019 by Saurenergy By 2030, the report predicts the cost of wind and solar to be between Rs 2.3-2.6/kWh and Rs 1.9-2.3/kWh, while the cost of storage is expected to fall by about 70 percent. The cost of generation of solar power is set to fall to as low as Rs 1.9 per unit over the next decade through 2030 in India with […] Read more
Exporting Solar. EXIM Bank to Provide $1.4 Bn For Projects in 15 nations Updated On Tue, Feb 12th, 2019 by Saurenergy The bank has already provided LOCs worth $226 million to finance 16 solar projects in various developing countries. The Export-Import Bank of India (EXIM) will finance 27 solar power projects worth $1.4 billion spread across 15 countries, according to the Managing Director of the Bank, David Rasquinha. “As an agent of Government of India, we […] Read more
