L&T Bags EPC Contract for the 1.5 GW Sudair Solar Project in Saudi Arabia Updated On Tue, Apr 13th, 2021 by Saurenergy L&T has secured a turnkey EPC Contract in Saudi Arabia, from the consortium led by ACWA Power for the 1.5 GW Sudair solar project. The Renewables arm of Larsen & Toubro’s (L&T) Power Transmission & Distribution Business has announced that it has secured a turnkey EPC Contract, from the consortium of ACWA Power and the […] Read more
ACWA Power Inaugurates First Utility Renewable Project in Saudi Updated On Mon, Apr 12th, 2021 by Saurenergy ACWA Power has announced the inauguration of the 300 MW Sakaka PV IPP, Saudi Arabia’s first utility-scale renewable energy project ACWA Power, a leading Saudi developer, investor and operator of power generation and water desalination plants, has announced the official inauguration of the 300 MW Sakaka PV IPP, the Kingdom of Saudi Arabia’s (KSA) first […] Read more
Tender Issued for 41 MW Rooftop Solar Systems in Madhya Pradesh Updated On Mon, Apr 12th, 2021 by Saurenergy MPUVNL has invited bids for the discovery of tariff and selection of SPDs for the implementation of 41 MW rooftop solar systems in Madhya Pradesh The Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) has issued a Request for Proposal (RfP) inviting bids from the eligible bidders to participate in the discovery of tariff and selection […] Read more
New Solar Projects Accelerate Saudi Vision 2030 Updated On Sat, Apr 10th, 2021 by Saurenergy Saudi Arabia is on its way to achieving its ‘Vision 2030’ goal, which aims at diversifying the Kingdom’s economy away from dependence on oil and towards renewable energy. In addition to announcing the opening of the ACWA Power-developed Sakaka solar power plant, Saudi Crown Prince Mohammed Bin Salman also revealed that agreements for 7 new […] Read more
Agrivoltaics Promise Coexistence With Agriculture For Solar Updated On Fri, Apr 9th, 2021 by Saurenergy Solar, despite great progress for towards becoming the cheapest, greenest and cleanest source of power, still has one weak spot. The large tracts of land that are needed for every MW of solar produced on the ground. At almost 5 acres per MW, this has regularly been pointed out as the biggest achilles’ heel for […] Read more
BlackRock Achieves a USD 4.8 Bn Final Close for Global Renewable Power Fund III Updated On Thu, Apr 8th, 2021 by Saurenergy BlackRock Real Assets has successfully achieved a US$4.8 billion final close of Global Renewable Power Fund III (“GRP III” or the “Fund”) with commitments from over 100 institutional investors, including leading public and private pension funds, insurance companies, endowments, foundations and family offices from over 18 countries globally. GRP III is the third vintage of […] Read more
Canadian Solar Starts Construction on 143 MWp of Solar Projects in Japan Updated On Thu, Apr 8th, 2021 by Saurenergy Canadian Solar announced today that it has commenced construction on four solar projects in Japan totaling 143 MWp. This portfolio includes Canadian Solar’s flagship mega-project, the 100 MWp Azuma Kofuji project located in the Fukushima Prefecture, and other projects totaling 43 MWp in the Ibaraki and Hiroshima Prefectures. Azuma Kofuji 100 MWp The Azuma Kofuji project is Canadian Solar’s largest […] Read more
Adani Electricity Bringing Renewable Power to Mumbai Updated On Thu, Apr 8th, 2021 by Saurenergy Mumbai’s largest electricity distributor, Adani Electricity Mumbai Limited (AEML) will play a pivotal role in Mumbai’s transition towards green energy. To enable all customers to achieve their targets and aspirations for renewable energy, AEML is launching Mumbai Green Energy Initiative. Under this program, customers will have the flexibility to set their own targets for renewable […] Read more
At ₹3.85, CERC Approves 7% Hike in APPC for Open Access Solar in 2020-21 Updated On Thu, Apr 8th, 2021 by Saurenergy In its order notified last week, the Central Electricity Regulatory Commission (CERC) has set the national Average Power Purchase Cost (APPC) for open access at ₹3.85/kWh. This implies that for wind or solar generators that are regional entities and selling power under open access, which is not accounted for RPO compliance of obligated entities, and […] Read more