DERC Approves PSA Between SECI and Tata Power-DDL For Sale of 50 MW Wind Power Updated On Fri, Mar 22nd, 2019 by Saurenergy The Delhi Electricity Regulatory Commission (DERC) has approved the Power Sale Agreement (PSA) between the Solar Energy Corporation of India (SECI) and Tata Power Delhi Distribution Limited (TPDDL) for the sale of 50 MW of wind power. The order was passed after TPDDL had petitioned the commission to approve the PSA and adopt a tariff […] Read more
SECI Re-Issues Notice For Selection of SPDs For 2 MW Solar Projects at Army Posts in J&K Updated On Fri, Mar 22nd, 2019 by Saurenergy The solar projects will be developed at the army post in Siachen and an army post in Partapur. The Solar Energy Corporation of India (SECI) has issued a notice for the third time, inviting online bids for setting up of 2 MW solar power plants in Jammu and Kashmir. The solar projects will be developed […] Read more
Japan’s Eurus Energy Acquires Share in Winlab Africa Updated On Thu, Mar 21st, 2019 by Saurenergy Japan’s wind energy developer Eurus Energy has acquired a share in Winlab Africa, a subsidiary of the Australian group Winlab Limited, with an investment of $10 million. The money will be used to finance several projects, including the Miombo Hewani wind farm in southwest Tanzania. A company statement explained that through this investment, Eurus Energy, […] Read more
Iberdrola Commences Work on $340 million Spanish Solar Plant Updated On Wed, Mar 20th, 2019 by Saurenergy Spanish utility Iberdrola has commenced work on a 500-megawatt (MW) solar photovoltaic power plant in Badajoz, Spain. It is its first PV project in Europe. The facility, Iberdrola’s first photovoltaic plant in Europe, will use 1.5 million panels spread across a 1,000-hectare site. The company will invest around 300 million (US$340 million) euros in its development. Iberdrola […] Read more
Lakshmi Machine Works to Commission its First Solar Power Plant Updated On Wed, Mar 20th, 2019 by Saurenergy The 10 MW photovoltaic solar power generating facility will come up at Kondampatti in Coimbatore district. Coimbatore-based Lakshmi Machine Works has forayed into solar power generation, with its first facility to be inaugurated on March 24, 2019, in Tamil Nadu. The 10 MW photovoltaic solar power generating facility will come up at Kondampatti in Coimbatore […] Read more
China’s Ambitious Solar Power Space Project is a bet on the future Updated On Wed, Mar 20th, 2019 by Saurenergy China plans to have a solar power station orbiting the earth at 36,000 km, allowing it to tap the energy of the sun’s rays without interference from the atmosphere or loss of sunlight. According to Chinese media, the country is working on plans to build a solar farm in space. The project is hugely ambitious […] Read more
Atlas Renewable Energy Secures $152 Mn For Financing of 3 Solar Plants in Brazil Updated On Wed, Mar 20th, 2019 by Saurenergy The three projects are estimated to benefit around 470,000 families per year with clean, renewable energy and will avoid the emission of 108,000 tons of CO2 annually. Atlas Renewable Energy, a leader in clean energy in Latin America, announced the completion of long-term financing of three of its solar energy plants in Brazil for a total amount […] Read more
ADB Commits $50 Mn in Noida-Based Solar Power Developer Avaada Updated On Wed, Mar 20th, 2019 by Saurenergy The multi-lateral funding agency said the investment contributes to ADB’s goal to provide cumulative climate finance of $80 billion from 2019 to 2030. The Manila based Asian Development Bank (ADB) announced that it has inked an agreement to invest $50 million in solar energy project developer Avaada Energy Pvt Ltd to help the company scale up rapidly. The investment will […] Read more
Tata Power Solar’s Retail Rooftop Solution Moves to Kolkata Now Updated On Wed, Mar 20th, 2019 by Saurenergy Tata Power Solar has launched a residential rooftop solution in Kolkata after a city wise sequence of launches including Delhi, Mumbai, Ajmer, Hyderabad and Guwahati. Tata Power Solar Systems Limited, India’s largest solar energy company, has launched a complete residential rooftop solution in Kolkata. The residential rooftop solutions are expected to save up to Rs […] Read more
