Canadian Solar Subsidiary Recurrent Energy Gets $50 Million LoC from Natixis Updated On Tue, Apr 2nd, 2019 by Saurenergy Canadian Solar today announced that its wholly-owned subsidiary Recurrent Energy, LLC has secured a $50 million letter of credit facility from global financial services company Natixis. The US-based firm Recurrent Energy, which is one of the leading utility-scale solar and energy storage project developer has secured a $50 million LoC facility from multinational financial services […] Read more
IREDA Issues RfP For Empanelment of Resource Assessment Agencies For Solar & Wind Energy Updated On Tue, Apr 2nd, 2019 by Saurenergy The last date for submission of proposals is April 29, 2019. The Indian Renewable Energy Development Agency (IREDA) has issued a Request for Proposal (RfP) inviting proposals fro the empanelment of resource assessment agencies for solar and wind energy. The empanelment for resource assessment agencies is being done for Wind and Solar technologies, separately. The […] Read more
CEL Issues EoI For Empanelment of EPC Contractors For Executing BESS Projects in India Updated On Mon, Apr 1st, 2019 by Saurenergy The last date for submission of responses for the EoI is July 31, 2019. The Central Electronics Limited (CEL) has issued an Expression of Interest (EoI) for empanelment of firms/ EPC contractors for executing Battery Energy Storage System (BESS) projects in India. The purpose of the EoI is to invite firms/ EPC contractors who have […] Read more
BHEL and GAIL Sign Pact For Co-Development of Solar Power Projects Updated On Sat, Mar 30th, 2019 by Saurenergy State-owned gas utility GAIL India Ltd has signed an agreement with Bharat Heavy Electricals Ltd (BHEL) for cooperation in the development of solar power projects. “GAIL shall be the project developer and BHEL shall act as an engineering, procurement, construction and project management contractor,” the company said in a statement. BHEL shall also provide operation and maintenance services during […] Read more
Siemens Gamesa Commissions Lakshmi Machine Work’s 10 MW Solar Plant Updated On Thu, Mar 28th, 2019 by Saurenergy Clean energy solutions provider Siemens Gamesa has commissioned 10 MW solar power project for Lakshmi Machine Works (LMW) in Tamil Nadu. As part of the contract, Siemens Gamesa provided an EPC (engineering procurement and construction) solution that included engineering and design of the solar farm, procurement, erection and commissioning of the 10 MW photovoltaic (PV) solar farm near Coimbatore in Tamil Nadu, […] Read more
Interview with Rajendra Kumar Parakh, CFO, Vikram Solar Updated On Thu, Mar 28th, 2019 by Saurenergy Availability of Domestic Finance at Viable Cost is Still a Distant Dream The only challenge that we can foresee is in terms of availability of finance and cost of finance available for renewable energy sector. Sources of finance for both solar manufacturing industry and solar deployment industry are scarce, a large part of funding comes […] Read more
US DOE Selects $36 Mn to Advance Solar Energy Integration Updated On Wed, Mar 27th, 2019 by Saurenergy The U.S. Department of Energy (DOE) selected up to $36 million in research projects that will advance solar energy’s role in strengthening the resilience of the Nation’s electricity grid. While fires, natural disasters, and cyberattacks can cause wide-spread power losses, even temporary disruptions in power quality can result in major economic losses. With more and more solar […] Read more
IOCL Floats Tender For 10 kW Solar Projects For 3 Outlets in Tamil Nadu Updated On Wed, Mar 27th, 2019 by Saurenergy The last date of bid submission is April 3, 2019, and the tenders will be opened on April 4, 2019. The Indian Oil Corporation (IOCL) has issued a tender inviting bids from eligible bidders for the deployment of 10 kW capacity captive solar photovoltaic project for 3 Freedom retail outlets (Pudukottai, Palamkottai, and Coimbatore) in […] Read more
NTPC Issues Tender For Geotechnical Investigations at Neemach, Sajapur and Agar Solar Parks in MP Updated On Wed, Mar 27th, 2019 by Saurenergy The last date of bid submission is April 3, 2019 NTPC Ltd. has invited bids from eligible bidders for conducting the preliminary and detailed geotechnical investigations for Neemach Solar Park, Sajapur Solar Park and Agar Solar Park in Madhya Pradesh. The brief scope of work for selected bidder(s) will include conducting field tests like Boreholes, […] Read more
