Altus Buys 220 MW Solar Portfolio from RE Equity Firm TGC in USA Updated On Fri, Jan 6th, 2023 by Saurenergy Connecticut based renewable energy infrastructure private equity firm, True Green Capital Management has announced that it has signed a binding agreement last week with Altus Power to sell a portfolio of approximately 220 megawatts (MW) of distributed solar assets. The value of the deal is revealed as $293 million. TGC and Altus Power expect the […] Read more
Delhi Solar Policy 2022- A Model For All MegaCities? Updated On Thu, Jan 5th, 2023 by Saurenergy The draft Delhi State Solar Policy is finally out for public comments, with a deadline of February 3 for responses. At the outset, the policy sets some ambitious goals for itself. A total of 6000 MW of installed solar capacity which shall include 750 MW of rooftop solar within the State and 5250 MW of […] Read more
Bihar (BERC) Gives Green Signal to 600 MW Solar Purchases From SECI Updated On Mon, Jan 2nd, 2023 by Saurenergy The Bihar Electricity Regulatory Commission (BERC) has given nod to procurement of 600 MW of solar power from Solar Energy Corporation of India (SECI) in Tranche-VIII by the distribution companies (DISCOMS). BERC has allowed the procurement at a tariff of Rs 2.50/kWh. The trading margin has been kept by the regulator at Rs 0.07 for […] Read more
Draft Solar Policy of Delhi Wants 6000 MW Installation by 2025 Updated On Mon, Jan 2nd, 2023 by Saurenergy The Delhi government has accorded approval to the draft Solar Policy 2022 under which the state wants to install solar capacity to 6,000 MW by 2025. In the previous solar policy released in 2016, Delhi had targeted to install solar power of a cumulative capacity of 2,000 MW of solar power by 2022. Readers will […] Read more
Malaysian Power Firm TNB Enters UK Solar Power Projects Updated On Thu, Dec 29th, 2022 by Saurenergy Malaysian multinational electricity conglomerate Tenaga Nasional Berhad (TNB) has announced that it has signed an Engineering, Procurement & Construction (EPC) contract with BELECTRIC GmbH (BELECTRIC) for the construction and commissioning of 102 MW solar farms in the United Kingdom (UK). The official statement of TNB held that the deal was signed on December 14, 2022, […] Read more
Solar Energy & EV Charging Firm Altus Power Acquires 220 MW Solar Facilities Updated On Thu, Dec 29th, 2022 by Saurenergy In a major development in the American renewable energy sector, Altus Power has announced that it has entered into a definitive agreement for the acquisition of 220 MW of newly developed and in-construction solar assets. US-based Altus Power is an independent developer, owner and operator of commercial-scale solar facilities. Altus Power provides solar generation for […] Read more
Nepal Invites Tenders for 100 MW Solar Projects Updated On Wed, Dec 28th, 2022 by Saurenergy Nepal Electricity Authority (NEA), the state-owned power utility, has invited bids for the selection of independent power producers (IPPs) for the development of 100 MW of grid-connected solar PV capacity. These projects will come up at 16 designated sites in the Himalayan country. According to the notification, the last day for the players to submit […] Read more
Solar Inverter Firm GoodWe Signs Deal for 50 MW RE Project in Pakistan Updated On Wed, Dec 28th, 2022 by Saurenergy Chinese firms are showing a fresh deal of commitment for the development of renewable energy projects as the South Asian country is facing its economic hardships and acute power generation challenges. According to reports, GoodWe, which claims to be leading smart energy solution providers based out of China, is bullish about boosting renewable energy in […] Read more
Solar Projects Of 486-MW Allotted In Poland Auctions Updated On Fri, Dec 23rd, 2022 by Saurenergy The latest round of auctions of renewable energy by the Energy Regulatory Office in Poland has drawn a poor response. It allocated a mere 8.5 TWh of renewable energy capacity out of 34 TWh that was up for offer. The bright spot in the entire episode has been for the solar industry of Poland. The […] Read more
