AfDB Approves $25 Mn Fund For Renewable Energy Projects in Africa Updated On Wed, Jan 30th, 2019 by Saurenergy The Fund’s strategy is to prioritize projects with a clear timeline to financial close, with emphasis on de-risking early stage greenfield projects. The African Development Bank Group (AfDB) has approved an equity investment of up to $25 million in ARCH Africa Renewable Power Fund (ARPF), a US$ 250 million private equity fund for renewable energy […] Read more
Tender for Geo-Technical Study of 500 MW Kadaladi Solar Park to Close on Jan 31 Updated On Wed, Jan 30th, 2019 by Saurenergy The last date for bid-submissions is January 31, 2019. And the bids will open on the same day I.e. January 31, 2019. The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) has issued a tender for conducting geotechnical testing for the establishment of its 500 MW Kadaladi Solar Park in the Ramanathapuram District of Tamil Nadu. […] Read more
SolarMaxx Celebrates 10 Years of Excellence Updated On Wed, Jan 30th, 2019 by Saurenergy SolarMaxx is celebrating 10 years of its continued mission of delivering highly efficient, clean energy systems. It is celebrating the hundreds of customers across India who had been empowered in the last decade to rethink their energy strategy, reduce energy expenses and transform how they do business by switching to clean energy. The company is […] Read more
President Sanctions Implementation of 1 GW Subset of Existing 5 GW VGF Solar Scheme Updated On Wed, Jan 30th, 2019 by Saurenergy Bidding will be conducted by SECI with capping the tariff at Rs 3 per unit, with a maximum VGF of Rs 1 Crores/MW. The Ministry of New and Renewable Energy (MNRE) has issued an order for the implementation of a subset of existing 5 GW Viability Gap Funding (VGF) scheme for setting up of 1 […] Read more
SECI Issues Tender for 3 GW Solar Linked with 1.5 GW Manufacturing Updated On Wed, Jan 30th, 2019 by Saurenergy The detailed RfS document will be available for download from 18:00 hrs on January 30, 2019. The Solar Energy Corporation of India (SECI) has issued a tender for selection of solar power developers for setting up of a 3 GW ISTS connected solar PV power plant linked with setting up of 1.5 GW (per annum) solar […] Read more
Saudi Arabia Issues Tender for 1.515 GW Solar Capacity Updated On Tue, Jan 29th, 2019 by Saurenergy The deadline for developers to express intention to participate in the procurement exercise is on February 14. Saudi Arabia’s Renewable Energy Project Development Office (REPDO) has issued an expression of interest for the development and construction of seven new solar PV independent power producer (IPP) projects with a combined potential capacity of 1.515 GW. The […] Read more
SECI and HPPC Sign PSA for 590 MW of Wind Power Updated On Tue, Jan 29th, 2019 by Saurenergy SECI announces an agreement with HPPC for sourcing 590 MW of wind power. The Haryana Power Purchase Centre (HPPC) has announced the signing of a Power Sale Agreement (PSA) with the Solar Energy Corporation of India (SECI) for procuring 590 MW of wind energy. The country’s nodal agency for renewables announced via a tweet. PSA […] Read more
NLC India to Set Up 1 GW of Solar Projects in Tamil Nadu Updated On Mon, Jan 28th, 2019 by Saurenergy NLC India’s MoU envisages close to Rs 23,800 crores investment in TN NLC India (NLCIL), state-owned mining and power generating company, has announced the signing of a Memorandum of Understanding (MoU) with the Tamil Nadu government to develop 2,640 MW of lignite-based thermal power projects and 1,000 MW of solar energy projects in the state. […] Read more
High Solar Tariffs Sees Gujarat Cancel 700 MW Solar Tender Updated On Fri, Jan 25th, 2019 by Saurenergy The Gujarat government is likely to reduce the charges at the solar park, after which GUVNL will hold a fresh auction. The Gujarat government has cancelled the solar auction it held in December for the development of 700 MW of solar projects, citing winning bids being too high as the reason for cancellation. The decision […] Read more
