SECI Issues Extension For 50 MW Solar Plant in Kerala Updated On Tue, Mar 26th, 2019 by Saurenergy The last date for bid submission has been extended to April 4, 2019, from March 25, 2019. The techno-commercial bid opening will be carried out on the same date i.e. April 4, 2019. The Solar Energy Corporation of India (SECI) has issued an extension for the bid submission deadline (for both online and offline) for […] Read more
MNRE Guidelines For Enlistment Under Approved Models and Manufacture of Solar PV Modules Updated On Tue, Mar 26th, 2019 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued Approved Models and Manufacturers of Solar Photovoltaic Modules (Requirements for Compulsory Registration) Order (ALMN) for 2019. The order provides for LIST-I, specifying models and manufacturers of Solar PV Modules and LIST-Il, specifying models and manufacturers of Solar PV Cells. And, the guidelines will be issued […] Read more
DEWA & ACWA Power Reach Financial Closing on 950MW 4th Phase of MbRAM Solar Park Updated On Mon, Mar 25th, 2019 by Saurenergy The solar park will produce 5,000 MW by 2030 with investments totaling AED 50 billion. Dubai Electricity and Water Authority (DEWA) and the consortium led by Saudi Arabia’s ACWA Power and Silk Road Fund, which is owned by the Chinese Government, announced the financial closing of the 950 MW fourth phase of the Mohammed bin […] Read more
ADB and LEAP Sign $18.7 Mn Loan Agreement For Financing 5MW Solar Plant in Mongolia Updated On Fri, Mar 22nd, 2019 by Saurenergy The loan agreement marks ADB’s first co-financing with LEAP in Mongolia’s renewable energy sector. The Asian Development Bank (ADB) and the Leading Asia’s Private Infrastructure Fund (LEAP) today signed an $18.7 million loan with Sermsang Power Corporation Public Company Limited (SSP) and Tenuun Gerel Construction LLC (TGC) to build, operate, and maintain a 15 MW […] Read more
West Bengal Issues Tender For 7 MW Solar Plant in Durgapur Updated On Fri, Mar 22nd, 2019 by Saurenergy The last date for bid submission is April 10, 2019. The West Bengal Renewable Energy Development Agency (WBREDA) has issued a tender for developing of a 7 MW grid-connected solar PV power plant on turnkey basis at Durgapur, West Bengal. The brief scope of work for selected bidders will include the design, engineering, manufacture/procurement, supply, […] Read more
DERC Approves PSA Between SECI and Tata Power-DDL For Sale of 50 MW Wind Power Updated On Fri, Mar 22nd, 2019 by Saurenergy The Delhi Electricity Regulatory Commission (DERC) has approved the Power Sale Agreement (PSA) between the Solar Energy Corporation of India (SECI) and Tata Power Delhi Distribution Limited (TPDDL) for the sale of 50 MW of wind power. The order was passed after TPDDL had petitioned the commission to approve the PSA and adopt a tariff […] Read more
InfraCo Africa Signs $2.2 M Loan Agreements with Gigawatt Global Updated On Fri, Mar 22nd, 2019 by Saurenergy InfraCo Africa has signed $2.2 million convertible loan agreements with energy developer Gigawatt Global for the development of the Samburu Solar and Transmara Solar projects in Kenya. Each with a capacity of 10MWAC, the sister facilities will generate clean, reliable electricity in some of the poorest counties in the country. The financing committed by InfraCo Africa will […] Read more
Iberdrola Commences Work on $340 million Spanish Solar Plant Updated On Wed, Mar 20th, 2019 by Saurenergy Spanish utility Iberdrola has commenced work on a 500-megawatt (MW) solar photovoltaic power plant in Badajoz, Spain. It is its first PV project in Europe. The facility, Iberdrola’s first photovoltaic plant in Europe, will use 1.5 million panels spread across a 1,000-hectare site. The company will invest around 300 million (US$340 million) euros in its development. Iberdrola […] Read more
ADB Commits $50 Mn in Noida-Based Solar Power Developer Avaada Updated On Wed, Mar 20th, 2019 by Saurenergy The multi-lateral funding agency said the investment contributes to ADB’s goal to provide cumulative climate finance of $80 billion from 2019 to 2030. The Manila based Asian Development Bank (ADB) announced that it has inked an agreement to invest $50 million in solar energy project developer Avaada Energy Pvt Ltd to help the company scale up rapidly. The investment will […] Read more
