PEDA Issues Tender for 2 MW Solar Project in Himachal Pradesh Updated On Fri, Jun 5th, 2020 by Saurenergy PEDA on behalf of BBMB has issued an RfP for setting up solar PV projects of 2 MW capacity at the Neilla Bhakra Dam Village in Bilaspur, Himachal Pradesh. The Punjab Energy Development Agency (PEDA) on behalf of Bhakra Beas Management Board (BBMB) has issued a Request for Proposal (RfP), inviting bids from eligible bidders […] Read more
Railways provides a 3 GW Boost for Solar targets Updated On Fri, Jun 5th, 2020 by Saurenergy The Engineering and Consultancy firm RITES Ltd, which executes key projects specifically for the Indian Railways, announced yesterday that its subsidiary Railway Energy Management Company Ltd (REMCL) has secured its largest mandate from Indian Railways for tendering, installation, supervision and managing power supply for three GW solar energy installations. These plant will be set up […] Read more
Germany Raises Offshore Wind Power Goal to 40 GW in 20 Yrs Updated On Thu, Jun 4th, 2020 by Saurenergy The German Cabinet has passed a bill that would set a goal of 40 GW of offshore wind power capacity installation by 2040, marking a surge of almost five-fold. The move came as the German government wants to significantly surge its offshore wind energy capacity from current 7.5 GW (approx) to 40 GW as part […] Read more
ReneSola Sells 10.4 MW Solar Portfolio to Nautilus in Minnesota Updated On Thu, Jun 4th, 2020 by Saurenergy In a series of the fourth transaction between the two companies, ReneSola Ltd, a leading solar project developer, has sold its 10.4 MW community solar portfolio to Nautilus Solar Energy, owner and operator of distributed and utility-scale solar energy projects. The solar projects’ portfolio is comprised of 8 single-axis tracker solar installations, each commonly referred […] Read more
Tender Issued for 1 MW Solar Plant at Madurai Kamaraj University Updated On Wed, Jun 3rd, 2020 by Saurenergy NIWE has issued a tender for the commissioning of a 1 MW solar energy power plant at the Madurai Kamaraj University in Tamil Nadu. The National Institute for Wind Energy (NIWE) has issued a tender, inviting EPC contractors in India to submit bids for undertaking the task of commissioning of a 1 MW solar energy […] Read more
DESRI Acquires 100 MW Utah Solar Project from Community Energy Updated On Wed, Jun 3rd, 2020 by Saurenergy In continuation of its 5th transaction with Community Energy, D. E. Shaw Renewable Investments (DESRI) has acquired the Hunter solar project of 100 MW capacity in Utah from a Pennsylvania-headquartered renewable energy project developer. Besides acquisition, DESRI has also closed on the financing and a tax equity commitment for this solar project. Further, this Hunter […] Read more
IRENA Report on Renewable Power Generation Costs in 2019 Updated On Wed, Jun 3rd, 2020 by Saurenergy Renewables are increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by the International Renewable Energy Agency (IRENA) finds. The report, ‘Renewable Power Generation Costs in 2019’, shows that more than half of the renewable capacity added in 2019 achieved lower power costs than the cheapest new coal plants. The report […] Read more
Sterling & Wilson Becomes 1st Indian Company to Commission Solar Project in Oman Updated On Tue, Jun 2nd, 2020 by Saurenergy Adding another feather in its cap, Sterling and Wilson Solar Ltd, one of the largest solar EPC solutions providers worldwide, commissioned its first 125 MW solar energy project in Oman and become the first Indian company to commission a photovoltaic (PV) project in the region. Commenting on the landmark achievement, Bikesh Ogra, Director and Global CEO of Sterling […] Read more
8minute Gets $225 Mn Loan from CIT Consortium for 18 GW Solar + Storage Projects Updated On Tue, Jun 2nd, 2020 by Saurenergy 8minute Solar Energy (8minute), a leading independent solar energy and storage projects developer in the United Sates, has secured a USD 225 million letter of credit (LC) facility from CIT led consortium. The consortium led by CIT as a sole coordinating lead arranger is comprised of 5 banks including KeyBank, HSBC, Rabobank and Nomura Holdings. […] Read more
