Myanmar’s 1.06 GW Solar Tender – An Opportunity for Indian Developers Updated On Wed, May 20th, 2020 by Saurenergy The Ministry of Electricity and Energy (MOEE) of Myanmar has recently issued tender inviting bids from solar photovoltaic (PV) developers for the construction of multiple solar power plants across the country, with an aggregate 1.06 GW of capacity. Moreover, Myanmar’s Power Ministry is looking to build approx. 30 large-scale ground-mounted solar power plants with capacities […] Read more
India Adds 1043 MW of Utility-Scale Solar and Wind Capacity in Q1: BTI Updated On Wed, May 20th, 2020 by Saurenergy India added about 715 MW of utility-scale solar capacity and 328 MW wind capacity in the January to March quarter, according to a new report India added about 715 megawatts (MW) of utility-scale solar capacity in January-March 2020, down 67 percent from 2163 MW during the same period last year, a report said. According to […] Read more
AVANA Capital and SolRiver Close Construction Financing for Six Solar Projects Updated On Tue, May 19th, 2020 by Saurenergy SolRiver Capital has closed on USD 30 million of construction financing with AVANA Capital for a portfolio of six solar projects worth a combined 24 MW. SolRiver Capital, a solar investment fund that acquires and owns distributed generation and utility-scale projects, has announced that it has closed on USD 30 million of construction financing with […] Read more
Solar Companies Resume Manufacturing Cautiously after Govt Eases Lockdown Norms Updated On Mon, May 18th, 2020 by Saurenergy With India slowly opening up its economic activities again after total shutdown for many days amidst coronavirus lockdown, various companies across the clean energy space, whether top brands or startups are also resuming operations by reopening their factories and offices. Despite lockdown continued, the government has provided permission to various companies across sectors to reopen […] Read more
Etrion Sells 70% Stake in Solar Asset in Chile to Innergex for about $46.6 Mn Updated On Mon, May 18th, 2020 by Saurenergy Switzerland headquartered Etrion Corporation (Etrion) has completed the sale of its 70 percent shareholding in a solar photovoltaic (PV) power plant, PV Salvador SpA, in northern Chile, to Canada-based Innergex Renewable Energy Chile Spa. This is an independent solar power producer’s last sale of a non-core solar asset outside of Japan. Etrion owns and operates […] Read more
NTPC Tenders for Solar Modules Package for Solapur Project Updated On Mon, May 18th, 2020 by Saurenergy NTPC has issued a tender for the supply and installation of solar PV modules worth 33.6 MWp at the Solapur PV Project NTPC Ltd has issued a tender, inviting bids from eligible vendors and bidders for the supply and installation of solar PV modules worth 33.6 MWp at the Solapur PV Project in Maharashtra. The […] Read more
Validity of Solar Project Tariffs Extended Until Sept 30 in Uttarakhand Updated On Sat, May 16th, 2020 by Saurenergy UERC has extended the validity for the benchmark capital cost and levelised generic tariff for solar power projects in Uttarakhand until September 30, 2020. The Uttarakhand Electricity Regulatory Commission (UERC) has published a new order extending the validity period for the benchmark capital cost and levelised generic tariff for solar power projects in the state […] Read more
Tender Issued for 19,000 Solar Street Lights Under MNRE Scheme in Punjab Updated On Fri, May 15th, 2020 by Saurenergy PEDA has tendered for commissioning of 19,000 solar street lights in Punjab under the MNRE off-grid and decentralised solar PV applications scheme. The Punjab Energy Development Agency (PEDA) has issued a tender, inviting bids from eligible vendors and firms for the work of designing and commissioning of 19,000 solar street lights in the state under […] Read more
The 90K Stimulus Impact. Will Indian Solar Asset Sales Slow Down? Updated On Thu, May 14th, 2020 by Saurenergy It is no secret that many developers were forced to sell off their renewable energy assets in the recent past to meet their liquidity requirements. From selling by the Shapoorji Pallonji group, which owns leading EPC developer Sterling and Wilson, to reports of Renew Power being in talks, there have been a string of deals […] Read more