Azure Power’s $75 mn Private Placement Successfully Completed Updated On Tue, Dec 17th, 2019 by Saurenergy Azure Power has informed that its previously announced USD 75 million private placement has been completed, issued 6,493,506 equity shares to CDPQ Azure Power Global, a leading independent solar power developer in India, has informed that its previously announced USD 75 million private placement has been completed and that it has issued 6,493,506 equity shares […] Read more
DMRC Tenders for 3 MW Solar Power Plants Under VGF Scheme Updated On Thu, Dec 12th, 2019 by Saurenergy DMRC has issued a tender for setting up of 3 MW solar PV power systems in DMRC under the Viability Gap Funding (VGF) scheme. The Delhi Metro Rail Corporation (DMRC) has issued a tender, inviting bids from eligible bidders for setting up of 3 MW solar PV power systems in DMRC under the Viability Gap […] Read more
CERC Approves Rs 2.77/kWh Tariff for 1200 MW Wind Projects Updated On Wed, Dec 11th, 2019 by Saurenergy CERC has given its go-ahead for the 1200 MW wind projects tendered by SECI and approved the tariff rate of Rs 2.77 per kWh. The Central Electricity Regulatory Commission (CERC) in its latest notification has given its go-ahead for the 1200 MW wind projects tendered by the Solar Energy Corporation of India (SECI) and approved […] Read more
ReNew Power Partners With GS E&C for Rajasthan Solar Project Updated On Wed, Dec 11th, 2019 by Saurenergy ReNew Power has partnered up with South Korean firm GS E&C for the execution of its 300 MW solar power plant in Rajasthan. ReNew Power has announced that it has partnered up with South Korean firm GS E&C for the execution of its 300 MW solar PV power plant in Rajasthan. GS E&C is South Korea’s […] Read more
MNRE Issues New List of DRC Members Updated On Tue, Dec 10th, 2019 by Saurenergy The Ministry of New and Renewable Energy (MNRE) on Monday has issued a new list of the members of Dispute Resolution Committee (DRC). The move came after the resignation of Anil Swarup, who is the former Coal Secretary/ School Edn. Secretary, Ex-IAS, UP: 1981, from the Dispute Resolution Committee. Now, P. K. Basu, former Agriculture […] Read more
Tariffs of Rs 2.65/kWh and Rs 3.46/kWh Approved for 2 GW of Wind Projects Updated On Mon, Dec 9th, 2019 by Saurenergy CERC has approved tariffs proposed by SECI and PTC India for 2 GW of wind power projects. The petitioners had quoted a tariff of Rs 2.65/kWh & Rs 3.46/kWh. The Central Electricity Regulatory Commission (CERC) in its latest notification approved the tariffs proposed by the Solar Energy Corporation of India (SECI) and PTC India Limited […] Read more
North Seas Nations to Reinforce Cooperation on Offshore Wind Updated On Mon, Dec 9th, 2019 by Saurenergy The 10 North Seas nations have agreed to their 2020 Work Programme on offshore wind deployment as a means of reaching climate neutrality by 2050 Energy Ministers from North Seas countries have agreed to their 2020 Work Programme on offshore wind deployment as a means of reaching climate neutrality by 2050. The 10 North Seas […] Read more
SB Energy to Invest $4 Bn in Gujarat on Renewables Updated On Sat, Dec 7th, 2019 by Saurenergy Further, SB Energy will be investing in the solar, wind and other unconventional sources of renewable energy. Japan’s renewable energy firm and a sister concern of SoftBank, SB Energy Corp will be investing USD 4 billion or approx. Rs 30,000 crore in renewable energy in the state of Gujarat, said the state government release. As […] Read more
Engie Acquires Renvico and its 329 MW Wind Portfolio From MIRA Updated On Fri, Dec 6th, 2019 by Saurenergy Engie has acquired Renvico from Macquarie Infrastructure and Real Assets (MIRA), and the 329 MW wind portfolio that Renvico owns and operates Engie has announced that it has acquired Renvico from Macquarie Infrastructure and Real Assets (MIRA), via Macquarie European Infrastructure Fund 4, and from KKR with its co-investors. The onshore wind installed capacity of the […] Read more