PEDA Issues Tender for 2 MW Solar Project in Himachal Pradesh Updated On Fri, Jun 5th, 2020 by Saurenergy PEDA on behalf of BBMB has issued an RfP for setting up solar PV projects of 2 MW capacity at the Neilla Bhakra Dam Village in Bilaspur, Himachal Pradesh. The Punjab Energy Development Agency (PEDA) on behalf of Bhakra Beas Management Board (BBMB) has issued a Request for Proposal (RfP), inviting bids from eligible bidders […] Read more
India’s Renewable Capacity Additions to Fall in Next 5 Years: BTI Updated On Fri, Jun 5th, 2020 by Saurenergy India’s renewable capacity additions in the next five years is expected to fall down from previous estimates due to COVID-19 disruptions, according to BTI India’s total solar and wind (renewable) power capacity additions in the next five years is expected to reach only 35 gigawatt (GW) and 12 GW, respectively, down from previous estimates due […] Read more
Which States Have the Highest Solar Energy Potential in India? Updated On Thu, Jun 4th, 2020 by Saurenergy The solar energy generation potential in a specific area can be assessed based on factors like availability of land, solar radiation etc. The National Institute of Solar Energy (NISE), an apex institute of Ministry of New & Renewable Energy (MNRE), has estimated the potential of solar power in the country to be around 750 GWp. […] Read more
ReneSola Signs Supply Pact with Zhejiang XunNeng for 800 MW Solar Modules Updated On Wed, Jun 3rd, 2020 by Saurenergy ReneSola, a leading solar photovoltaic (PV) module manufacturer, has entered into a framework agreement with Zhejiang XunNeng, a project developer, for the supply of 800 MW capacity of modules for the years 2020 and 2021. On the basis of their earlier successful cooperation, both the companies have decided to further extend their business relationship by […] Read more
Vivint Solar Closes USD 545 Million of new Financings Updated On Wed, Jun 3rd, 2020 by Saurenergy Vivint Solar has announced the closing of two separate debt transactions, totaling USD 545 million in incremental lender commitments. Vivint Solar, a leading full-service residential solar provider in the United States, has announced the closing of two separate debt transactions, totaling USD 545 million in incremental lender commitments. The first is a USD 245 million upsize to the company’s already existing multi-lender […] Read more
Tender Issued for 1 MW Solar Plant at Madurai Kamaraj University Updated On Wed, Jun 3rd, 2020 by Saurenergy NIWE has issued a tender for the commissioning of a 1 MW solar energy power plant at the Madurai Kamaraj University in Tamil Nadu. The National Institute for Wind Energy (NIWE) has issued a tender, inviting EPC contractors in India to submit bids for undertaking the task of commissioning of a 1 MW solar energy […] Read more
DESRI Acquires 100 MW Utah Solar Project from Community Energy Updated On Wed, Jun 3rd, 2020 by Saurenergy In continuation of its 5th transaction with Community Energy, D. E. Shaw Renewable Investments (DESRI) has acquired the Hunter solar project of 100 MW capacity in Utah from a Pennsylvania-headquartered renewable energy project developer. Besides acquisition, DESRI has also closed on the financing and a tax equity commitment for this solar project. Further, this Hunter […] Read more
Renewables Increasingly Cheaper Than new Fossil Fuels Based Capacity: IRENA Updated On Wed, Jun 3rd, 2020 by Saurenergy Renewable power is increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by IRENA finds. Renewables are increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by the International Renewable Energy Agency (IRENA) finds. The report, ‘Renewable Power Generation Costs in 2019’, shows that more than half […] Read more
POSOCO Braces for Impact of Eclipse on Solar Power Generation Updated On Wed, Jun 3rd, 2020 by Saurenergy POSOCO has detailed the likely impacts of the annual solar eclipse on the country’s power sector/ solar generation and the preparations made to lower its impact The Power System Operation Corporation (POSOCO) has in a new report detailed the likely impacts of the annual solar eclipse, that India will be experiencing on June 21 this […] Read more