REC Group and Meyer Burger Sign MoU for Strategic Collaboration Updated On Fri, Aug 16th, 2019 by Saurenergy REC Group has signed a memorandum of understanding for a strategic collaboration with the Swiss technology leader, Meyer Burger. Following the successful launch of its groundbreaking Alpha solar panel at Intersolar in Munich in May 2019. The REC Group, one of the leading European brands for solar photovoltaic panels has announced that it has signed a memorandum of understanding […] Read more
EBRD, OPIC and IFC to Provide $252 mn Loan for 250 MW Wind Farm in Gulf of Suez Updated On Fri, Aug 16th, 2019 by Saurenergy A joint USD 252 million investment by the EBRD, IFC and the OPIC will finance a new 250 MW wind farm in the Gulf of Suez. The European Bank for Reconstruction and Development (EBRD) has announced that it is stepping up its support for renewable energy in Egypt by providing funds to one of the biggest wind […] Read more
Siemens Gamesa Signs 453 MW Turbine Deal With Alfanar for 2 Indian Projects Updated On Wed, Aug 14th, 2019 by Saurenergy Siemens Gamesa has secured its first order in India with Alfanar for the supply of 206 units of wind turbines for two wind farms, totalling 453 MW. Siemens Gamesa Renewable Energy has secured its first order in India with Alfanar for the supply of 206 units of the SG 2.2-122 wind turbines for two wind […] Read more
Sterlite Power Wins 2 Transmission Projects Worth Over Rs 3000 Crore Updated On Fri, Aug 9th, 2019 by Saurenergy Sterlite Power has received a letter of award for two key inter-state transmission projects worth over Rs 3000 crore for Udupi-Kasargode and WRSS 21. Sterlite Power, India’s leading private power transmission player, has received a letter of award for two key inter-state projects worth over Rs 3000 crore for Udupi-Kasargode and WRSS 21 (Part B) […] Read more
After High Court Stay on PPA Move, Andhra Strikes with Curtailment Updated On Fri, Aug 9th, 2019 by Saurenergy The Andhra government has decided to curtail renewable generation in the state after state High Court put a stay on its order to renegotiate RE tariffs The newly elected Andhra Pradesh government has decided to curtail renewable power generation in the state after the state High Court put a stay on the government’s order to […] Read more
India Ratings Raises Risk Concern for PPAs Signed With SECI, NTPC Updated On Thu, Aug 8th, 2019 by Saurenergy In its revenue risk analysis, the India Ratings and Research a part of Fitch Group found that the Power Purchase Agreements signed by NTPC and SECI are vulnerable to risks. Contrary to the general belief that the PPAs signed between the Renewable energy companies and reliable counter parties like Solar Energy Corporation of India (SECI) […] Read more
Powergrid Bags Transmission Projects in Gujarat and Rajasthan Updated On Thu, Aug 8th, 2019 by Saurenergy Powergrid has been declared the successful bidders to establish transmission systems for two projects in Gujarat and Rajasthan. The Power Grid Corporation of India (Powergrid) has announced that it has been declared the successful bidder under the tariff-based competitive bidding to establish transmission systems for two projects in Gujarat and Rajasthan. The first Letter of […] Read more
Hanergy SHJ technology Sets New World Record With 24.85% Conversion Rate Updated On Wed, Aug 7th, 2019 by Saurenergy Hanergy has jointly announced that the ISFH has certified its SHJ technology as the world’s most efficient. Hanergy Thin Film Power Group has jointly announced with Chengdu Zhufeng Yongming Technology company that the Institute for Solar Energy Research in Hamelin (ISFH), the German testing body has certified its silicon heterojunction thin-film battery technology (SHJ technology) […] Read more
Setting up of Renewable Projects Without PPAs: NTPC Chairman Updated On Mon, Aug 5th, 2019 by Saurenergy NTPC Chairman Gurdeep Singh has suggested setting up of renewable projects without PPAs, amid the recent rows between discoms and developers for renegotiating tariffs. Amid a row between discoms and clean energy developers over the renegotiation of the tariff, NTPC Chairman and Managing Director Gurdeep Singh on Friday suggested setting up of renewable projects without power purchase […] Read more
