WFEC, NextEra Sign PPA for Largest Combined Wind-Solar-Storage Project in US Updated On Mon, Jul 29th, 2019 by Saurenergy WFEC has entered into a PPA with NextEra Energy, for the largest combined wind, solar and energy storage project in the US. Western Farmers Electric Cooperative (WFEC) has announced that it has entered into a power purchase agreement (PPA) with a subsidiary of NextEra Energy Resources, for the largest combined wind, solar and energy storage […] Read more
Tender for 1.7 MW Rooftop Solar Projects Issued in Punjab Updated On Mon, Jul 29th, 2019 by Saurenergy PSTCL has issued a tender for deployment of 1699 kW of rooftop solar plants on buildings of PTSCL in Punjab under RESCO model. The Punjab State Transmission Corp (PSTCL) has issued a tender for deployment of 1699 kW of grid-connected rooftop solar plants on buildings of PTSCL under RESCO model. The Ministry of New and Renewable […] Read more
Haryana to Distribute 50,000 Solar Pumps to Farmers Updated On Mon, Jul 29th, 2019 by Saurenergy 50,000 solar pumps will be given to farmers and ‘gaushalas’ in Haryana with the assistance of the NABARD, according to State Renewable Energy Minister Fifty thousand solar pumps will be given to farmers and ‘gaushalas‘ in Haryana with the assistance of the National Bank for Agriculture and Rural Development (NABARD), according to the Minister of State for New and Renewable Energy […] Read more
Uttarakhand Allocates Solar Projects Worth Rs 600 cr to Local Entrepreneurs Updated On Mon, Jul 29th, 2019 by Saurenergy Uttarakhand CM Trivendra Singh has allocated solar energy projects worth Rs 600 crore and a combined capacity of 148.85 MW to local entrepreneurs. Uttarakhand Chief Minister Trivendra Singh Rawat has allocated solar energy projects worth Rs 600 crore to local entrepreneurs. Together, these projects will generate 148.85 MW power. On the occasion, the chief minister said another lot of solar power projects worth […] Read more
Waaree, Metafin Partner to Offer Lending Solutions Updated On Fri, Jul 26th, 2019 by Saurenergy The company said the loan will cover up to 70 percent of the total project cost and repayable through easy EMIs. To make solar energy more accessible, leading PV module maker and EPC services provider Waaree Energies has partnered with Metafin Cleantech, an NBFC specialising in renewable energy and clean tech, to provide easy lending. […] Read more
AEP Completes Acquisition of 227 MW Wind Project in Texas Updated On Fri, Jul 26th, 2019 by Saurenergy AEP has completed the purchase of 75 percent, or 227 MW, of the Santa Rita East wind project from Invenergy Renewables in San Angelo, Texas. American Electric Power (AEP), has announced that it has completed the purchase of 75 percent, or 227 MW, of the Santa Rita East wind project from Invenergy Renewables in San Angelo, Texas. […] Read more
Reviewing PPAs Only to Ensure Competitive Prices: Reddy Updated On Fri, Jul 26th, 2019 by Saurenergy The decision to renegotiate PPAs was only aimed at ensuring competitive prices and pass on the accruing benefit to the people, YS Jagan Mohan Reddy has said. The new Andhra Pradesh government’s move to renegotiate power purchase agreements (PPAs) signed with renewable energy producers in the last five years under the TDP government was only […] Read more
8 Key Points From KUSUM Scheme Implementation Guidelines Updated On Thu, Jul 25th, 2019 by Saurenergy MNRE has issued guidelines for the implementation of the Rs 34,422 crore KUSUM Scheme The Ministry of New and Renewable Energy (MNRE) has issued guidelines for the implementation of the Rs 34,422 crore Pradhan Mantri Kisan Urja Suraksha evam Uthan Mahabhiyan (KUSUM) Scheme, that aims to provide both financial security and more sustainable water access […] Read more
Firms Go to Court Against AP Order to Review PPAs Updated On Thu, Jul 25th, 2019 by Saurenergy Andhra Pradesh government’s decision to review RE contracts has led wind energy firms to file a writ petition against the move. Fearing that the move will set a precedent for other states to follow, wind energy companies led by their associations have filed a writ petition in the Andhra Pradesh High Court challenging the state’s […] Read more