Chile EDPR Acquires 628 MW Wind and Solar Portfolio in Chilean Market Updated On Mon, May 31st, 2021 by Saurenergy Spain-headquartered renewable energy company EDP Renewables (EDP Renováveis) recently announced that it has signed agreements to acquire a 628 MW wind and solar portfolio in Chile, with commercial operations expected to commence between 2023 and 2025. The transaction has been reached through two separate agreements with Atacama Energy and Lader Energy for a total consideration […] Read more
Lightsource BP to Invest €900 mn in Portugal to Build 1.3 GW Solar Plants Updated On Mon, May 31st, 2021 by Saurenergy London-based solar power developer Lightsource bp, a 50:50 joint venture with oil and gas company bp, recently announced that it has partnered with Portuguese local company INSUN to build five large-scale solar plants in Portugal, which are expected to add over 1.35 GW of low-carbon, renewable power to Portugal’s energy mix. The company plans to […] Read more
Chattisgarh Steelmaker To Go for 250 MW Solar Plant For Captive Use Updated On Mon, May 31st, 2021 by Saurenergy Godawari Power & Ispat Ltd, an integrated steel manufacturer based in Chattisgarh, has announced plans to set up a solar power plant of 250 MW capacity in the state. The plant has been estimated to cost Rs 750 crores when completed, and will help meet the firm’s RPO obligations as well as overall lowering of […] Read more
AER Report Q1 FY21: Solar Eclipses Gas as Electricity Source in Australia Updated On Fri, May 28th, 2021 by Saurenergy The Australian Energy Regulator (AER) recently published its Quarterly Wholesale Markets Report for the first three months of this year, reporting that large-scale solar generated more electricity than the average amount produced by gas for the first time in Australia. In Q1 FY21, wholesale electricity spot prices were lower than expected, with volume weighted average prices […] Read more
Solar Energy Market: Paradigm Shift in India’s Power sector Updated On Wed, May 26th, 2021 by Saurenergy Contributed By Gautam Das, CEO and Co-founder, Oorjan Solar’s Time Economy and the environment have to go hand in hand for sustainable growth. We have paid the price for economic growth at the cost of environmental damages. Fossil fuels, like petroleum and coal, are highly polluting and depleting at an alarming rate. Global warming and escalating pollution […] Read more
OREDA Invites RFP for Selection of Solar Power Generator in Odisha Updated On Mon, May 24th, 2021 by Saurenergy Odisha Renewable Energy Development Agency (OREDA) has invited a request for proposal (RFP) for the selection of solar power generators (SPG) for the development of a project under the KUSUM-A scheme in Odisha on a Build-Own-Operate (B-O-O) basis. The power purchase agreement (PPA) and model land lease agreement (LLA) will together form an integral part […] Read more
Hecate Energy Begins Construction Work on Solar Projects Worth 600 MW Updated On Mon, May 24th, 2021 by Saurenergy Hecate Energy announced today that construction has commenced on two solar projects totaling 600 megawatts. In Falls County, Texas, Hecate developed the solar and battery storage project, Roseland Solar, from inception and transferred it to the North American subsidiary of a European utility in March. In Highland County, Ohio, Hecate developed the New Market Solar project and transferred […] Read more
Marubeni and EGCB to Jointly Develop Feni Solar Plant in Bangladesh Updated On Mon, May 24th, 2021 by Saurenergy Marubeni Corporation (hereinafter, “Marubeni”) signed a Memorandum of Understanding (hereinafter, “MoU”) with Electricity Generation Company of Bangladesh Limited (hereinafter, “EGCB”), an electricity and utility company owned by the Bangladesh Development Board (hereinafter, “BPDB”). The MoU is regarding the joint development of the 100MW Solar PV Power Plant Project in Chittagong, Feni, southeast of People’s Republic […] Read more
SJVN Ltd Bags 75 MW Solar Project in Jalaun, UP Updated On Mon, May 24th, 2021 by Saurenergy Hydroelectric power generation company SJVN Ltd announced on Friday its winning of a 75 MW grid-connected solar project in Jalaun, Uttar Pradesh. SJVN Ltd, which is a joint venture of the Government of India and the Himachal Pradesh government, has said in a statement that the power generated from the project will be procured by Uttar Pradesh New […] Read more
