REIL Tenders for Residential Rooftop Solar Systems Across Bihar Updated On Fri, Jun 26th, 2020 by Saurenergy REIL has issued a tender for the rate contract for commissioning and maintenance of residential rooftop solar systems across various locations in Bihar. Rajasthan Electronics & Instruments Limited (REIL) has issued a tender for the rate contract for commissioning and maintenance of residential rooftop solar PV power systems across various locations in Bihar. The scope […] Read more
Policy Focus on Domestic Manufacturing Positive for Indian Solar OEMs: ICRA Updated On Thu, Jun 25th, 2020 by Saurenergy With an aim to support domestic module manufacturers, government’s focus recently increased on the initiatives like ‘Atmanirbhar Bharat Abhiyan’ and ‘Make in India’. Now, in line with this, the government has formulated various schemes in past one year including the Central Public Sector Undertaking (CPSU) Scheme which envisages installation of 12 GW solar power capacities […] Read more
Avaada Energy Gets LoA from MSEDCL to Develop 350 MW Solar Plant in M’rashtra Updated On Thu, Jun 25th, 2020 by Saurenergy Vineet Mittal-led Avaada Energy, a leading solar energy developer, has secured the Letter of Award (LoA) from Maharashtra State Electricity Distribution Co Ltd (MSEDCL) to develop 350 MW solar photovoltaic (PV) project in the state. Mumbai-headquartered Avaada Energy said in a statement that “it has been accorded a Letter of Award (LoA) to develop a […] Read more
AES Issues RfP Seeking 1 GW of Carbon-Free Energy Projects Updated On Thu, Jun 25th, 2020 by Saurenergy AES has issued an RfP, seeking new and repowered carbon-free projects for its customers in the PJM area, inclusive of its strategic alliance with Google. AES has issued a Request for Proposals (RfP), seeking new and repowered carbon-free renewable energy projects for its customers in the PJM area, inclusive of AES’ strategic alliance with Google. […] Read more
US Solar Systems Prices Falling Faster Than Expected: WoodMac Updated On Thu, Jun 25th, 2020 by Saurenergy Solar PV systems prices in the US are falling faster than expected across all market segments, primarily driven by module price reduction. Solar PV systems prices in the United States (US) are falling faster than expected across all market segments, primarily driven by module price reduction, according to new research from Wood Mackenzie. Residential system […] Read more
NTPC Secures another PMC Contract to Develop 500 MW Solar Park in Mali Updated On Wed, Jun 24th, 2020 by Saurenergy Adding more heft to its renewable ambitions to transition from a coal burning major, the country’s largest power generation utility NTPC has secured another Project Management Consultancy (PMC) contract for the development of 500 MW solar park in the Republic of Mali under the ISA initiative. This is the second project where a central PSU […] Read more
NITI Aayog, ITF Jointly Launch Decarbonizing Transport Project in India to Check CO2 Emissions Updated On Wed, Jun 24th, 2020 by Saurenergy With an aim to develop a path to a low-carbon transport system for the country, policy think tank NITI Aayog and the International Transport Forum (ITF) of OECD on Wednesday jointly launched the ‘Decarbonizing Transport in Emerging Economies’ (DTEE) project in India. This is an ambitious 5-year project, which seeks to help India in developing […] Read more
Wells Fargo Inks Deal with Shell, MP2 Energy to Buy Renewable Power Updated On Wed, Jun 24th, 2020 by Saurenergy USD 1.98 trillion company Wells Fargo has signed a structured renewable energy (RE) agreement with Shell Energy North America (Shell Energy) and its arm MP2 Energy, to purchase about 1,50,000 MWh of renewable energy every year. The deal will enable the company to use renewable power to meet 100 per cent of its energy consumption […] Read more
CIT Arranges $85 Mn Financing for 80 MW Solar Project in Colorado Updated On Wed, Jun 24th, 2020 by Saurenergy Financial holding company CIT Group through its Power and Energy unit has arranged USD 85 million financings for an 80 MW Pioneer Solar project located in Colorado. CIT further served as sole lead arranger for financing on behalf of project sponsor Idemitsu Renewables, a leading solar project developer that has successfully built and sold hundreds of […] Read more
