Canadian Solar Secures USD 120 mn Financing for Brazilian Solar Projects Updated On Thu, Aug 29th, 2019 by Saurenergy Canadian Solar has secured a USD 120 million project financing from Banco do Nordeste do Brasil for its Francisco Sa and Jaiba solar power projects Canadian Solar, one of the world’s largest solar power companies, has announced that it has secured 487 million Brazilian reais (USD 120 million) non-recourse project financing from Banco do Nordeste […] Read more
Reverse Bidding Is Not Always The Best Friend For Quality: Rohit Kumar Updated On Fri, Aug 23rd, 2019 by Saurenergy Reverse bidding is not always the best friend for quality specifically in the Indian context, and this was also highlighted recently by PI Berlin study tour where the PV consultancy PI Berlin issued a report highlighting serious safety concerns, poor installation practices on system output monitoring, as well as a worrying lack of warranties. We […] Read more
Up to 85 GW of RE Demand Exists Within US Corporates Through 2030 Updated On Fri, Aug 23rd, 2019 by Saurenergy According to a new report, up to 85 GW of renewable energy demand exists within the largest US companies through 2030 According to a new report from Wood Mackenzie and the American Wind Energy Association (AWEA) on the ‘Commercial and Industrial Wind Energy Demand in the United States’, Wood Mackenzie estimates that up to 85 […] Read more
MP Extends Scope of Subsidised Power Scheme Updated On Tue, Aug 20th, 2019 by Saurenergy Madhya Pradesh has decided to provide electricity at Rs 1 per unit to all domestic consumers using up to 100 units pm, with an upper cap of 150 units. The Madhya Pradesh government has decided to provide electricity at Rs one per unit to all domestic consumers using up to 100 units every month, with an […] Read more
Sembcorp Brings Online 200 MW Wind Project in Gujarat Updated On Mon, Aug 19th, 2019 by Saurenergy Sembcorp Energy India has commissioned a 200 MW wind project at Bhuj in Gujarat. The Indian subsidiary of Singapore-based Sembcorp Industries has announced that it has commissioned a 200 MW wind power project at Bhuj in Gujarat. With this project, the company’s total generation capacity reached 450 MW making it the largest producer of wind […] Read more
Energy Vault Gets $110 mn Investment From Softbank Vision Fund Updated On Sat, Aug 17th, 2019 by Saurenergy Energy Vault has announced that it has completed a USD 110 million Series B funding round led by the SoftBank Vision Fund. Energy Vault, the creator of renewable energy storage products that are transforming the world’s approach to long duration, utility-scale energy storage, has announced that it has completed a USD 110 million Series B […] Read more
Suzlon Net Loss Trims Down to Rs 337 Crore in Last Quarter Updated On Fri, Aug 16th, 2019 by Saurenergy Suzlon Energy has revealed that its consolidated net loss narrowed to Rs 337 crore in the quarter, on account of lower expenses. Debt-laden Suzlon Energy has revealed in its latest financial results for the quarter ending June 30, 2019, that its consolidated net loss narrowed to Rs 336.88 crore in the quarter, on account of lower expenses. […] Read more
Indian Oil Tenders for Solar Plants at WRPL Stations in Gujarat and Rajasthan Updated On Wed, Aug 14th, 2019 by Saurenergy The Indian Oil Corporation has issued a tender for setting up of 230 kWp solar systems at various WRPL stations in Gujarat and Rajasthan. The Indian Oil Corporation (IOCL) has issued a tender, inviting bids from eligible parties for setting up of 230 kWp grid-interactive solar PV systems at various Western Region Pipelines (WRPL) stations […] Read more
Siemens Gamesa Signs 453 MW Turbine Deal With Alfanar for 2 Indian Projects Updated On Wed, Aug 14th, 2019 by Saurenergy Siemens Gamesa has secured its first order in India with Alfanar for the supply of 206 units of wind turbines for two wind farms, totalling 453 MW. Siemens Gamesa Renewable Energy has secured its first order in India with Alfanar for the supply of 206 units of the SG 2.2-122 wind turbines for two wind […] Read more
