Vestas Helps Unlock Vietnamese Wind Energy Project Through Innovative Financing Structure Updated On Thu, Mar 14th, 2019 by Saurenergy The solution can – with some modifications – easily be applied to other developing/emerging wind energy markets. With emerging markets looking to renewable energy to fuel their growth, securing competitive financing solutions play a key role in ensuring projects achieve attractive financial returns. With challenges associated with project bankability, the cost of local lending, and […] Read more
CERC Issues New Regulation For Cross Border Trade of Electricity Updated On Thu, Mar 14th, 2019 by Saurenergy India looks set to improve its position as an electricity exporting nation with new guidelines issued by CERC for seamless cross border trade of electricity. The Central Electricity Regulatory Commission (CERC), in accordance with the guidelines on import and export of electricity issued by the Ministry of Power earlier this year, has issued new guidelines […] Read more
RfS For 1200 MW Solar Power Projects Released (ISTS-IV) Updated On Wed, Mar 13th, 2019 by Saurenergy The maximum tariff payable to the Project Developer is fixed at Rs 2.65/ kWh for 25 years. The Solar Energy Corporation of India (SECI) has released the detailed Request for Selection (RfS) document for selection of solar power developers (SPDs) for setting up of 1200 MW ISTS Connected Solar Power Projects (ISTS-IV) on a pan […] Read more
Reliance Issues EoI For Procurement of Renewable Power Updated On Wed, Mar 13th, 2019 by Saurenergy The last date for bid submission is March 25, 2019. Reliance Industries Limited (RIL) has invited Expression of Interest (EoI) for procurement of renewable energy from Generators, IPPs, DISCOMS, CPPs & Traders having valid Inter/Intra State Trading License issued by CERC or SERC for interstate and/or intrastate trading of energy for meeting its RPO. The […] Read more
MNRE Introduces New Mode-7 For Development of RE Parks Updated On Wed, Mar 13th, 2019 by Saurenergy A Payment Security Mechanism will be set up by SECI to ensure continuous payment to the power developers and mitigate any payment risk due to default in payment by Discoms. The Ministry of New and Renewable Energy (MNRE) in order to address the two most critical elements when developing a renewable energy project/park has issued […] Read more
100MW Solar-Fishery Plant Takes the Lead with Huawei 1500V Smart PV Solution Updated On Wed, Mar 13th, 2019 by Saurenergy Multipurpose use of land increases both the agriculture and fishery revenue and improves the integrated utilisation efficiency of land. The Sihong 100MW PV project, a solar-fishery plant constructed by SPIC Jiangsu Electric Power Co., Ltd. in China has taken a step towards the lead in grid-tied power generation, with the use of the most advanced Huawei […] Read more
Telangana Floats Tender For 31.12 MW of Rooftop Solar Projects Updated On Wed, Mar 13th, 2019 by Saurenergy The last date of bid submission is April 8, 2019. The Telangana State Renewable Energy Development Corporation (TSREDCO) has issued a tender for the development of 31.12 MW of grid-connected rooftop solar PV system scheme in Telangana under Net Metering or Captive through RESCO mode. The solar rooftop systems will be developed on vacant building […] Read more
Greenko ropes in Siemens for 46% stake in Poovani Project Updated On Tue, Mar 12th, 2019 by Saurenergy German power and energy major Siemens confirmed on Monday that its financial services arm has picked up 46 percent stake in Greenko Group’s 200 MW Poovani wind power project in Tamil Nadu for an undisclosed amount. Its financial subsidiary Siemens Financial Services (SFS) has signed a definitive agreement with Greenko Group for the 46 percent equity investment, making […] Read more
SECI Issues Three NITs to Set-Up Solar Projects in UP, MP, Andhra Updated On Mon, Mar 11th, 2019 by Saurenergy The detailed Request for Selection Document (RfS) for all the three solar power projects in UP, MP and AP respectively will be available for download for interested bidders latest by April 30, 2019. The Solar Energy Corporation of India (SECI) has issued three Notice Inviting Tenders (NITs), inviting online bids for the development of solar PV […] Read more