CERC Shunts SP Infra Plea On Rihand Floating Solar UPERC’s Way, Citing Jurisdiction Updated On Tue, May 25th, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC), in an order that will hopefully show the way to many similar pleas, has refuse to consider a plea by Rihand Floating Solar Private Limited regarding return of its bank guarantees for the said project from SECI. Rihand Floating Solar is a special purpose vehicle set up by Shapoorji […] Read more
Trina Solar To Deliver 550W Vertex Modules To North America Updated On Mon, May 24th, 2021 by Saurenergy Vietnam based solar and smart energy solutions provider, Trina Solar today announced the completion of the first batch of its 210mm diameter cells and 550W high-power Vertex modules in the company’s overseas factory in Thai Nguyen, Vietnam. The Thai Nguyen facility has successfully manufactured the first batch of Vertex 550W high-power modules that incorporate 210mm […] Read more
MP Invites Bids for 270 MW Solar Projects Under PM KUSUM Updated On Mon, May 24th, 2021 by Saurenergy The Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL), has invited bids by issuing a Request for Proposal (RFP) for selecting solar power developers for implementation of approximately 270 MW of grid-connected solar PV projects. This tender has been issued to set up solar PV projects of capacity 500 kW to 2 MW to sell solar […] Read more
OREDA Invites RFP for Selection of Solar Power Generator in Odisha Updated On Mon, May 24th, 2021 by Saurenergy Odisha Renewable Energy Development Agency (OREDA) has invited a request for proposal (RFP) for the selection of solar power generators (SPG) for the development of a project under the KUSUM-A scheme in Odisha on a Build-Own-Operate (B-O-O) basis. The power purchase agreement (PPA) and model land lease agreement (LLA) will together form an integral part […] Read more
Marubeni and EGCB to Jointly Develop Feni Solar Plant in Bangladesh Updated On Mon, May 24th, 2021 by Saurenergy Marubeni Corporation (hereinafter, “Marubeni”) signed a Memorandum of Understanding (hereinafter, “MoU”) with Electricity Generation Company of Bangladesh Limited (hereinafter, “EGCB”), an electricity and utility company owned by the Bangladesh Development Board (hereinafter, “BPDB”). The MoU is regarding the joint development of the 100MW Solar PV Power Plant Project in Chittagong, Feni, southeast of People’s Republic […] Read more
SJVN Ltd Bags 75 MW Solar Project in Jalaun, UP Updated On Mon, May 24th, 2021 by Saurenergy Hydroelectric power generation company SJVN Ltd announced on Friday its winning of a 75 MW grid-connected solar project in Jalaun, Uttar Pradesh. SJVN Ltd, which is a joint venture of the Government of India and the Himachal Pradesh government, has said in a statement that the power generated from the project will be procured by Uttar Pradesh New […] Read more
DSD Secures $85M in Financing to Support Pipeline of Distributed Generation Solar Updated On Fri, May 21st, 2021 by Saurenergy Distributed Solar Development (DSD) announced today the closing of $85 million in tax equity financing from Bank of America to support its expanding pipeline of distributed generation solar projects in the commercial and industrial (C&I) market through 2021, with a sizeable portion going toward New York State Energy Development and Research Authority Value of Distributed Energy […] Read more
Canadian Solar Financial Results Q1 FY21 Out; 32% YoY Rise in Revenue Updated On Fri, May 21st, 2021 by Saurenergy Guelph-headquartered solar PV modules manufacturer Canadian Solar Inc. yesterday announced its financial results for the quarter ended March 31, 2021, reporting a 32% YoY increase in revenue and a net income of $23 million. In Q1 2021, the company’s solar module shipments were 3.1 GW, compared to guidance of 3.0 GW to 3.2 GW. Net revenue […] Read more
Is The SB Energy Exit A Worrying Sign For India? Updated On Thu, May 20th, 2021 by Saurenergy By Now, the news of SB Energy’s portfolio buyout by Adani Green Energy (AGEL) has been well reported. The 100% buyout of SB Energy India assets by AGEL for $3.5 billion, for a fresh 4954 MW of additions to AGEL’s total assets including project pipeline, has been cited as a possible warning sign for India’s […] Read more