Tata Power Collaborates with Enedis, Schneider Electric, Odit-e & VaasaETT to Implement Smart Grid Demonstrator Updated On Sat, Mar 16th, 2019 by Saurenergy Tata Power Delhi Distribution (Tata Power-DDL) has joined hands with Enedis, Schneider Electric, Odit-e, and VaasaETT to implement a Smart Grid Demonstrator in India. The MoU for the same was signed between Sanjay Banga, CEO, Tata Power-DDL; Philippe Monloubou, Chairman of Management Board, Enedis; Luc Remont, Executive Vice President International Operations, Schneider Electric; Philippe Deschamps, […] Read more
Trine Helps Greenlight Planet Secure Financing For Off-Grid Solar Projects in India Updated On Thu, Mar 14th, 2019 by Saurenergy The strategic partnership between Trine and Greenlight Planet sets out to answer the off-grid solar industry’s strong demand for innovation in distribution and financing. Swedish investment firm, Trine, which enables individuals to invest in renewables sustainably has joined forces with Greenlight Planet, a provider of off-grid solar products, to secure a Euro 1.8 million (Rs 14 […] Read more
Germany Met 65% of its Weekly Energy Demands From Renewables Updated On Wed, Mar 13th, 2019 by Saurenergy Maintaining the trend of renewables regularly crossing the 50% mark, last week saw them supply 65% of power in Germany. Renewable energy made up 64.8% share of electricity generation in Germany last week, according to solar research institute Fraunhofer ISE. The achievement was mainly due to strong production from wind facilities. You must be wondering […] Read more
ReNew Power Concludes $375 Mn Green Bond Issue Updated On Wed, Mar 13th, 2019 by Saurenergy The capital raised through the green bond issue will be utilised for refinancing of outstanding external commercial borrowings and as Capex in eligible green projects. ReNew Power Limited, one of India’s largest renewable energy Independent Power Producer (IPP) has successfully concluded a green bond issue of US$ 375 million. The five-year non-call two notes were […] Read more
5 Big Hurdles that have Emerged for India’s Solar Power Producers Updated On Mon, Mar 11th, 2019 by Saurenergy After installations of almost 10 GW and above in 2017 and close to 8 GW in 2018, the solar sector is facing its biggest challenge yet, as hurdles have emerged for the continued growth of the sector. Some of these challenges were always there, they are only bigger now, while others have emerged with time. […] Read more
Will 2 Paise per Unit toll Smoothen the Renewables Road? Speedbreakers remain Updated On Mon, Mar 11th, 2019 by Saurenergy News Reports confirm that the Centre has floated a fresh incentive of 2 paise per unit produced for new projects in states. The latest news of the central government introducing a financial incentive for states when it comes to renewable energy production hopes to tackle two key issues facing developers. land and distribution access for […] Read more
NIT For 1800 MW Wind Projects in India (Tranche-VIII) Updated On Thu, Mar 7th, 2019 by Saurenergy The detailed RfS Document shall be available for download by March 29, 2019. The Solar Energy Corporation of India (SECI) has issued tender inviting bids for setting up of 1800 MW ISTS-Connected Wind Power Projects (Tranche-VIII) on a pan India basis. The detailed Request for Selection (RfS) Document shall be available for downloading by March 29, 2019, onwards […] Read more
Fortum Wins Right to Build 250 MW Solar Project in India Updated On Tue, Mar 5th, 2019 by Saurenergy Fortum will build and operate a 250 MW solar plant in Rajasthan at a fixed tariff rate of Rs 2.48/kWh for 25 years. Finland-based Fortum has won the right from Solar Energy Corporation of India (SECI) to build a 250 MW solar power plant in Rajasthan, India. The project is expected to be commissioned in […] Read more
Cabinet Briefed on MoU Between India and Tajikistan For RE Cooperation Updated On Fri, Mar 1st, 2019 by Saurenergy The Cabinet was apprised of an MoU between India and Tajikistan on cooperation in the field of Renewable Energy. The Union Cabinet chaired by Prime Minister Narendra Modi was apprised of the Memorandum of Understanding between India and Tajikistan on Cooperation in the field of Renewable Energy. The MoU was signed on October 8, 2018. […] Read more