Electricity Demand to Rise 62%; Generation Capacity to Triple by 2050 Updated On Thu, Jun 20th, 2019 by Saurenergy As a result, an aggregate investment of about USD 13.3 trillion is expected to be attracted in the sector, including USD 4.2 trillion in solar and USD 5.3 trillion in wind energy. The world’s power generation capacity is likely to triple between 2018 and 2050, as the demand for electricity may grew by 62 per […] Read more
IEEFA Report on Indonesia’s Solar Policies, Designed to Fail? Updated On Thu, Jun 20th, 2019 by Saurenergy Consistent and market-relevant enabling policies are key to building affordable solar power. Unfortunately, this basic principle has been overlooked as Indonesia has cycled through a patchwork of solar policies that have driven many experienced investors and developers to the sidelines. The proof is in the numbers. Despite having substantial solar resources, Indonesia’s solar policy framework […] Read more
SECI Signs PSA For 460 MW Wind Power with UPPCL Updated On Thu, Jun 20th, 2019 by Saurenergy UPPCL has signed a PSA for procuring 460 MW of wind power with SECI The Uttar Pradesh Power Corporation Ltd. (UPPCL) has signed a Power Supply Agreement (PSA) for procuring 460 MW of wind power with the Solar Energy Corporation of India (SECI). The signing of the agreement was announced on the official twitter handle […] Read more
Tariffs Drop to Rs 2.5/kWh in SECI’s 750 MW (Tranche-II) Solar Auction Updated On Thu, Jun 20th, 2019 by Saurenergy Four firms have emerged as the lowest bidders in the latest auction by SECI for the Rajasthan 750 MW solar Tender under Tranche-II. State-owned power giant NTPC, Mahindra Susten, Hero Solar Energy and Azure Power Maple have emerged as the lowest bidders in the latest auction by the Solar Energy Corporation of India (SECI) for the Rajasthan 750 MW solar […] Read more
Nautilus Commissions its Community Solar Project in New York Updated On Tue, Jun 18th, 2019 by Saurenergy Nautilus Solar Energy has completed its first of three community solar projects serving Orange and Rockland’s utility service territory in New York. Nautilus Solar Energy, a leading national solar acquisition, development, and asset management company, has announced the completion of its first of three community solar projects serving Orange and Rockland’s utility service territory in […] Read more
BRPL Signs PSA For 500 MW Solar and 50 MW Wind Power with SECI Updated On Tue, Jun 18th, 2019 by Saurenergy BRPL has signed a PSA with the Solar Energy Corporation of India (SECI) for procuring 500 MW Solar Power and 50 MW wind power. Delhi-based distribution company BSES Rajdhani Power Ltd. (BRPL), a joint venture between the Government of NCT and Reliance Infrastructure, which distributes power to over 2.4 million customers in 21 districts in South […] Read more
Subhash Chandra’s Essel Group in Talks To Sell Solar Assets Updated On Tue, Jun 18th, 2019 by Saurenergy Essel Group is in talks to sell its solar energy portfolio and US-based luxury wellness destination YO1 Centre This forms the latest efforts that the Subhash Chandra-led conglomerate is undertaking to raise money to reduce debt. According to media reports, Essel Infraprojects, is in an advanced stage of talks with the Adani Group’s renewable energy […] Read more
KSEB Signs PSA with SECI for Sourcing 200 MW Wind Power Updated On Mon, Jun 17th, 2019 by Saurenergy KSEB has signed a PSA with SECI for procuring 200 MW of wind power. The Kerala State Electricity Board (KSEB) has signed a Power Supply Agreement (PSA) with the Solar Energy Corporation of India (SECI) for procuring 200 MW of wind power. The announcement was made by the nodal agency for implementing renewable energy projects […] Read more
OPIC Approves $87 Mn in Funding For 250 MW Wind Project in Egypt Updated On Fri, Jun 14th, 2019 by Saurenergy OPIC has approved $87 million in funding for a 250 MW wind project in Egypt to support economic growth through the development of power infrastructure. The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, today approved $87 million in financing to Lekela Egypt Wind Power BOO S.A.E. to support economic growth in […] Read more
