Glidepath Ventures Sells Solar Project Portfolio Worth 887.5 MW Updated On Thu, Mar 5th, 2020 by Saurenergy Glidepath Ventures has announced the sale of an 887.5 MW dc portfolio of early-stage utility-scale solar projects in the PJM Interconnection Glidepath Ventures has announced the sale of an 887.5 MW dc portfolio of early-stage utility-scale solar projects in the regional transmission area PJM Interconnection (PJM) to a leading clean energy-focused development and investment firm. […] Read more
Southern Railways Granted Net Metering for 4 MW Rooftop Solar Project Updated On Thu, Mar 5th, 2020 by Saurenergy TNERC has directed TANGEDCO to provide Southern Railways with net metering connections for its 4 MW of rooftop solar projects. The Tamil Nadu Electricity Regulatory Commission (TNERC) in its latest order has directed state Discom Tamil Nadu Generation and Distribution Corporation (TANGEDCO) to comply with the state’s solar energy policy and provide Southern Railways with […] Read more
IFC Invests $200 Mn in Africa’s Largest Green Bond Updated On Thu, Mar 5th, 2020 by Saurenergy IFC, an arm of World Bank, has invested about USD 200 million recently in the green bond issuance of Standard Bank of South Africa placed on the London Stock Exchange (LSE). Standard Bank Group is the largest African bank by assets having presence across 20 African countries. This is Africa’s largest green bond and South […] Read more
Power Trade at IEX Grew by 57% in February, REC Sales Increased Updated On Thu, Mar 5th, 2020 by Saurenergy The volume of power traded at IEX grew by 57% in February, mainly due to Discoms opting for replacement of costlier power with exchange-based procurement. The volume of power traded at the Indian Energy Exchange (IEX), the country’s largest online electricity platform, grew by 57 percent to 4,516 million units in February this year. IEX […] Read more
Siemens Gamesa Bags Turbine Order for 1.1 GW Offshore Wind Projects Updated On Thu, Mar 5th, 2020 by Saurenergy Ørsted has conditionally named Siemens Gamesa as the preferred turbine supplier for two offshore wind power projects in the German North Sea totaling 1.1 GW Ørsted has conditionally named Siemens Gamesa Renewable Energy as the preferred turbine supplier for two offshore wind power projects in the German North Sea totaling 1.1 GW (1.142 MW). At […] Read more
Sterlite Power Secures Rs 2,024 Cr Funding from IndusInd Bank, L&T Infra for Transmission Project in Gujarat Updated On Wed, Mar 4th, 2020 by Saurenergy Global player in the power transmission space Sterlite Power has secured funding for about Rs 2,024 crore for its power transmission project in Gujarat. The company said that, it has achieved financial closure for its Lakadia Vadodara Transmission Project Ltd (LVTPL). It further added that, we have secured funds worth Rs 2,024 crore from IndusInd […] Read more
TPDDL to Procure 100 MW Solar, 50 MW Wind Power From SECI After CERC Approval Updated On Wed, Mar 4th, 2020 by Saurenergy CERC while hearing on two petitions filed by TPDDL has approved the tariffs of Rs 2.54/kWh for 100 MW solar & Rs 2.52/kWh for 50 MW wind power from SECI The Central Electricity Regulatory Commission (CERC) while hearing on two petitions filed by Delhi-based power Discom Tata Power Delhi Distribution Limited (TPDDL) has approved the […] Read more
Slow Progress in January 2020, Indicates MNRE Report to Cabinet Updated On Wed, Mar 4th, 2020 by Saurenergy In it’s report for the month of January 2020, the Ministry of New And Renewable Energy has seen fit to highlight the following key points for the month of January 2020. The report is a document generated for each month, and supposed to be followed by most ministries. MNRE, we are happy to share, is […] Read more
PGCIL Subsidiary Granted Transmission License for 2 GW RE Projects in Gujarat Updated On Wed, Mar 4th, 2020 by Saurenergy CERC has granted a transmission license to a PGCIL subsidiary to establish transmission system for providing connectivity to 2 GW of RE Projects in Gujarat The Central Electricity Regulatory Commission (CERC) has granted a transmission license to Powergrid Bhuj Transmission Limited (PBTL), a wholly-owned subsidiary of Power Grid Corporation of India (PGCIL) to establish the […] Read more
