Lockdown Sees Power Demand Drop by 20 GW; Spot Power Price Touches 60p Updated On Thu, Mar 26th, 2020 by Saurenergy The nationwide lockdown has wiped away the power demand by as much as 20 GW and forced the spot power price of electricity drop to a three-year low of 60p According to data made by available by the Indian Energy Exchange (IEX) the nationwide 21-day lockdown which has seen all factories and businesses shut down […] Read more
Lithuania Gets its Unique Remote Solar Consumer Model Updated On Tue, Mar 24th, 2020 by Saurenergy In-line with the growing demand for faster and more efficient ways to generate renewable energy, Lithuania, a country in the Baltic region of Europe, has launched a remote solar consumer model. This is the unique project, developed by Sun Investment Group, as it gives an opportunity to buy or rent a remote solar panel and […] Read more
Coronavirus Impact on Power-Collections And More Updated On Tue, Mar 24th, 2020 by Saurenergy Power Discom BSES Rajdhani Power Ltd (BRPL) has now suspended some of its services including meter reading and bill delivery until further directions from the Delhi Electricity Regulatory Commission (DERC). However, the state Discom said that provisional bills will be raised as per the DERC guidelines. The move came after the government has enforced lock-down […] Read more
Saudi Arabia Lists 49 Pre-Qualified Bidders for 1.2 GW Solar Tender Updated On Tue, Mar 24th, 2020 by Saurenergy The Saudi Arabia REPDO has issued the list of all the pre-qualified bidders in round three of the Kingdom’s NREP for four solar PV projects worth 1.2 GW The Saudi Arabia Renewable Energy Project Development Office (REPDO) has issued the list of all the pre-qualified bidders in round three of the Kingdom’s National Renewable Energy […] Read more
Solar Rooftop: Over to the States Updated On Mon, Mar 23rd, 2020 by Saurenergy The Missing Player Rooftop Solar. Right up till 2014, when India shifted gears in solar with an ambitious new target and a new focus on utility scale solar, solar usually meant rooftop solar, or even solar water heaters and other distributed solar products. And this was not because we had a lot of rooftop solar […] Read more
Lacuna Raises $50 Mn for Investment in Solar and Storage Development Projects Updated On Thu, Mar 19th, 2020 by Saurenergy Lacuna Sustainable Investments has announced that it has successfully raised USD 50 million for investment in development-stage solar and storage projects. Lacuna Sustainable Investments has announced that it has successfully raised USD 50 million to invest in development-stage solar and storage projects. Lacuna Sustainable Investments is an investment management firm active in the development, financing and monetisation of […] Read more
Brookfield Renewable and TerraForm Power Enter Definitive Merger Agreement Updated On Wed, Mar 18th, 2020 by Saurenergy Brookfield Renewable Partners and TerraForm Power have announced that they have entered into a definitive merger agreement Brookfield Renewable Partners and TerraForm Power have announced that they have entered into a definitive merger agreement for Brookfield Renewable to acquire all of the outstanding shares of Class A common stock of TerraForm Power, other than the […] Read more
Canadian Solar Secures Financing to Invest in Solar Development in Italy Updated On Wed, Mar 18th, 2020 by Saurenergy Canadian Solar has secured a EUR 55 million bilateral Revolving Credit Facility to fund the construction of a 151 MWp of solar PV portfolio in Italy Canadian Solar, one of the world’s largest solar power companies, has announced that it has secured a EUR 55 million bilateral Revolving Credit Facility with Intesa Sanpaolo to fund the construction of a 151 […] Read more
1922 MW Installed Rooftop Solar Capacity in India: RK Singh Updated On Wed, Mar 18th, 2020 by Saurenergy Installed rooftop solar capacity in India now stands at 1922 MW, and over Rs 1,874 crore has been released as CFA, RK Singh has informed the Parliament. The total installed rooftop solar energy capacity in India now stands at 1922 megawatt (MW), and so far over Rs 1,874 crore has been released as central financial […] Read more
