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
CPP Investments Commits €200 Mn to Offshore Wind Projects in France Updated On Thu, May 14th, 2020 by Saurenergy CPP Investments acquires 49% of the entity that holds Enbridge’s stake in its partnership with EDF Renewables that is developing 3 offshore wind farms in France. Canada Pension Plan Investment Board (CPP Investments) has announced that its wholly-owned subsidiary, CPP Investment Board Europe, has reached an agreement with Enbridge to acquire 49 percent of the […] Read more
Power Demand Dropped 24% in April Due to Lockdown: CRISIL Updated On Thu, May 14th, 2020 by Saurenergy With almost no economic activity taking place in the first 20 days of April due to lockdown, power demand declined sharply by 24 percent in the month With almost no economic activity taking place in the first 20 days of April due to lockdown, and very little operations after that, power demand declined sharply by […] Read more
Brazilian Solar Industry Feels the Heat of Both Falling Economy, COVID-19 Updated On Tue, May 12th, 2020 by Saurenergy With the rising cost of imports, shrinking power demand and indefinite postponement of auctions amid coronavirus crisis, Brazilian solar photovoltaic (PV) industry is feeling the heat which may likely to impact the momentum of the annual installation. Brazilian PV sector’s annual installation capacity is expected to decline to 0.7 GW in 2020, from 1.3 GW […] Read more
Uttarakhand to Empanel EPC Contractors for Rooftop Solar Projects Updated On Tue, May 12th, 2020 by Saurenergy UREDA has issued a tender for empanelment of the EPC contractors for commissioning of rooftop and small solar plants at various locations in Uttarakhand. The Uttarakhand Renewable Energy Development Agency (UREDA) has issued a tender, inviting bids from eligible firms for the empanelment of the EPC contractors to undertake work of project commissioning of grid-connected […] Read more
SECI Extends Bid Deadline for 3 Solar Projects at SCCL Again Updated On Tue, May 12th, 2020 by Saurenergy SECI has issued a notification, extending the bid submission deadline for three of its SCCL solar project tenders for a second time during the lockdown. The Solar Energy Corporation of India (SECI) has issued a notification, extending the bid submission deadline for three solar PV project tenders to be built at SCCL Telangana for a […] Read more
Largest Solar Project in US History Gets Government Approval Updated On Tue, May 12th, 2020 by Saurenergy US Department of the Interior and the Bureau of Land Management have granted approval to construct and operate the largest solar project in US history. The United States (US) Department of the Interior and the Bureau of Land Management (BLM) have announced that they have granted approval for the proposal to construct and operate the largest […] Read more
CIT Leads $217 Mn Financing for 200 MW Solar Project in Ohio Updated On Tue, May 12th, 2020 by Saurenergy The CIT group’s Power and Energy unit served as lead arranger on a USD 217 million financing for the 200 MW Hillcrest solar PV project in Brown County, Ohio The CIT group has announced that its Power and Energy unit served as lead arranger on a USD 217 million financing for the 200-megawatt (MW) Hillcrest solar photovoltaic project in Brown County, Ohio. The financing was […] Read more
PGCIL Issues Statcom Package-I & II Tenders for Evacuating 8.1 GW Solar Energy in R’sthan Updated On Mon, May 11th, 2020 by Saurenergy State-owned Maharatna company Power Grid Corporation of India Ltd (PGCIL) has floated a tender for Statcom Package-I & II for the evacuation of 8.1 GW of power from solar energy zones in Rajasthan. The PGCIL described in a tender document for package-I as “Statcom Package-I for Statcom at 400kV Fatehgarh-II PS associated with transmission system […] Read more
