Spanish Renewables Tender for CSP, Biomass to be Out in April Updated On Wed, Jan 5th, 2022 by Saurenergy The Spanish government will release its next renewable energy tender in April 2022 to award 500 MW to mostly solar and biomass-based projects, the ministry for the ecological transition has announced. The ministry put the proposal for the auction terms to public consultation until January 21. The plan is to hold the event on April […] Read more
Sungrow In 430 MWh ESS Deal In Israel Updated On Mon, Jan 3rd, 2022 by Saurenergy Sungrow, whose energy storage solutions have emerged in a big way ion the past few years, has signed a deal with Enlight Renewable Energy, an Israeli traded Developer and IPP for a 430 MWh project. Under the agreement, Sungrow will supply Enlight with 430 MWh of its flagship liquid cooled energy storage system (ESS). The […] Read more
NTPC RE Arm to Get Strategic Investor Ahead of Oct’22 Listing Updated On Wed, Dec 29th, 2021 by Saurenergy State-run power giant NTPC plans to rope in a strategic investor for its clean energy arm NTPC Renewable Energy Ltd (NREL) ahead of its listing on bourses in October 2022, according to a senior official, media reports have said. The listing of NREL is part of the state-run power giant’s overall Rs 15,000-crore divestment plan […] Read more
SECI Signs off 2021 With 1785 MW Tender Award At Rs 2.17/unit Updated On Sat, Dec 25th, 2021 by Saurenergy In a late announcement yesterday, the Solar Energy Corporation of India announced the bid winners of its 1785 MW Solar tender (Tranche IV) for Rajasthan, whose bid deadline was May 21, with a final winning price of Rs 2.17 /unit. The final winners list has a mix of PSU, private and foreign forms in it, […] Read more
African Nation Namibia to Tender 50-130MW CSP Project Next Year Updated On Thu, Dec 23rd, 2021 by Saurenergy Namibia Power Corporation Ltd (NamPower), the national electric power utility company of the African country Namibia, is planning to issue a tender for a 50MW-130MW concentrated solar power (CSP) with storage project in 2022. The project is expected to require investment of US$600mn-US$1bn, with a target commissioning date set for 2025. The plans were revealed by […] Read more
Renewables Financing Gaining At Coal’s Expense In India, Says Report Updated On Thu, Dec 16th, 2021 by Saurenergy As most countries struggled to regain lost momentum in various industrial sectors during the Covid lockdowns, India’s story, too, has been no different. A new report in December 2021 on Coal Vs Renewable, a Financial Analysis, says that lockdowns to deal with the COVID-19 pandemic did slow down the pace of renewable energy installations in […] Read more
Acquisitions in India’s RE sector Up Over 300% in Value terms in 2021 Updated On Wed, Dec 15th, 2021 by Saurenergy The total value of acquisitions in India’s renewable energy sector surged by more than 300% to $ 6 billion in the first ten months of 2021 (till October) from less than $1.5 billion reported in 2020, according to an independent study released today by the CEEW Centre for Energy Finance (CEEW-CEF) and the International Energy […] Read more
MPC Energy Solutions Joins Leclanché For Battery Project In Caribbean Updated On Wed, Dec 15th, 2021 by Saurenergy Netherlands based MPC Energy Solutions (MPCES) has partnered with Leclanché, the Swiss maker of energy storage solutions to build the previously announced 35.7 MWp solar photovoltaic (PV) and 18.2 MW battery energy storage system (BESS) project designed with Leclanché Energy Management Software (L-EMS) in St. Kitts’ Basseterre Valley, next to the capital city of Basseterre. The project requires about US$ […] Read more
GoodWe Adds Top Altman-Z Score To Strengthen High Bankability Status Updated On Thu, Dec 9th, 2021 by Saurenergy In few industrial sectors is the financial strength of every supplier taken as seriously as it possibly is in the case of solar energy. For the young sector, where projects are routinely expected to last 25 years, with minimum product warranties starting at 5 years, suppliers bankability has always been a selling point with financiers. […] Read more
