SECI Reschedules Pre-Bid Meet for 2 GW Wind Projects Tender for April 30 Updated On Fri, Apr 24th, 2020 by Saurenergy In line with the Central Government’s directive to follow social distancing norms amid Covid-19 crisis, state-owned Solar Energy Corporation of India (SECI) on Friday intimated that it has rescheduled the pre-bid meeting for 2 GW wind projects tender to April 30, 2020, from the earlier scheduled date of April 08, 2020. The nodal agency had […] Read more
‘Policy Framework Needed to Ensure Longevity of Domestic Products Offtake, Profitability’ Updated On Fri, Apr 24th, 2020 by Saurenergy The government has taken steps by coming up with few manufacturing-linked tenders for setting up solar capacities and has also introduced a basic customs duty on imports, but we need a policy framework that will ensure the longevity of offtake of the products manufactured as well as profitability, says a senior official of Tata Power […] Read more
Govt Closes Atal Jyoti Yojana (AJAY) Phase-II amid Covid-19 Outbreak Updated On Fri, Apr 24th, 2020 by Saurenergy In the wake of coronavirus outbreak across the country, the government has decided to close the second phase of its Atal Jyoti Yojana (AJAY) effective from April 01, 2020. The move came after the government decided not to operate MPLADS for two years i.e. for 2020-2021 and 2021-22 and in this regard, a circular was […] Read more
58.1 GW of Renewables Added Since 2014, FDI Reaches $6.1 Bn Updated On Fri, Apr 24th, 2020 by Saurenergy During the last 6 years, the cumulative renewables installed capacity has grown by about 72 percent to 138.9 GW, receiving USD 6.1 billion in FDI The Union Minister of Power and New and Renewable Energy RK Singh has said that during the last 6 years, the cumulative renewables installed capacity in the country has grown […] Read more
NHPC Raises Rs 750 Cr at 0.30% Lower Rate for 10 Yrs Updated On Thu, Apr 23rd, 2020 by Saurenergy State-owned NHPC Ltd has raised Rs 750 crore on Thursday through the private placement of bonds at a very competitive interest rate of 6.80 percent per annum. Further, the company has raised the loan amount for a period of 10 years. Its coupon rate is 6.80 percent, which is lowest in the current fiscal and […] Read more
DSM Signs Largest Renewable Energy PPAs with EDPR, Origis Energy Updated On Thu, Apr 23rd, 2020 by Saurenergy Dutch multinational active in nutrition, health and sustainable living, Royal DSM has inked its largest renewable energy (RE) Power Purchase Agreements (PPAs) to date with EDPR and Origis Energy in Europe and USA respectively. With the signing of the PPA with EDPR, the company will source renewable power from 1 wind energy and 2 solar […] Read more
Sterlite Power Commissions 765KV Khandwa Substation in MP Updated On Thu, Apr 23rd, 2020 by Saurenergy Few days after commissioning of Rs 1,027 crore Gurgaon Palwal Transmission Project (GPTL), Sterlite Power has now commissioned 765kV Khandwa substation in Madhya Pradesh (MP). This Khandwa substation is part of the company’s Khargone Transmission Limited (KTL) project, which will play an important role in stepping down the high voltage 1,320 MW power from Khargone […] Read more
Seraphim’s New 166mm Half-Cut Cell Module Offers Higher Efficiency with Less Cost Updated On Thu, Apr 23rd, 2020 by Saurenergy China based solar product manufacturer Jiangsu Seraphim Solar System (Seraphim) has unveiled its new high-efficiency 166mm half-cut cell module, which can save over 5 percent of the cost per watt in projects above 1MW against ordinary modules. This is a new generation of photovoltaic (PV) modules combining 166mm-size silicon wafers with multi-busbar (MBB) and half-cut […] Read more
RWE Renewables Closes Financing for 151 MW Wind Project Updated On Thu, Apr 23rd, 2020 by Saurenergy RWE Renewables has announced that it has completed the successful tax equity financing of its 151 MW Peyton Creek wind farm in Matagorda County, Texas. RWE Renewables has announced that it has completed the successful tax equity financing of its 151-megawatt (MW) Peyton Creek wind farm in Matagorda County, Texas. A subsidiary of Bank of America provided […] Read more
