Uttarakhand Discom to Carry Forward Surplus Non-Solar RPO to Meet Solar RPO Deficit Updated On Wed, Oct 16th, 2019 by Saurenergy UERC has allowed UPCL to carry forward its surplus non-solar RPO from FY 2018-19 to meet its deficit of non-solar and solar RPO in the present fiscal. The Uttarakhand Electricity Regulatory Commission (UERC) has in its latest order approved the petition filed by the Uttarakhand Power Corporation Limited (UPCL) to carry forward its surplus non-solar […] Read more
Ayala’s AC Energy Forms JV to Undertake Solar Projects in India and Asia Pacific Updated On Wed, Oct 16th, 2019 by Saurenergy UPC-AC Energy Solar, a new JV between AC Energy and UPC Solar Asia Pacific has been formed for undertaking solar power projects in the Asia- Pacific region. UPC-AC Energy Solar, a new joint venture company between AC Energy (Ayala’s energy platform) and UPC Solar Asia Pacific (UPC Renewables’ solar energy platform) has been formed for […] Read more
Fortum, Rusnano to Build Wind Projects Worth 200 MW in Orenburg Updated On Tue, Oct 15th, 2019 by Saurenergy The Fortum-Rusnano wind investment fund has signed a non-binding cooperation agreement for the construction of wind farms worth 200 MW in Orenburg. The Fortum-Rusnano wind investment fund, a joint venture established by Fortum and Rusnano on a parity basis, and the Government of Orenburg Region in Russia have signed a non-binding cooperation agreement that envisages […] Read more
SECI Amends Manufacturing-Linked Tender to Include 7 GW Solar Projects Updated On Tue, Oct 15th, 2019 by Saurenergy SECI has issued an amendment for its manufacturing linked solar tender, increasing the capacity of projects to be awarded from 6 GW to 7 GW. The Solar Energy Corporation of India (SECI) has issued an amendment for its manufacturing linked solar tender, increasing the capacity of projects to be awarded under the tender from 6 […] Read more
Adani Acquires Transmission Projects Subsidiary From REC Updated On Tue, Oct 15th, 2019 by Saurenergy Adani Transmission has signed a share purchase agreement and completed the acquisition of WRSS XXI (A) Transco Ltd from REC Transmission Projects Company. Adani Transmission (ATL), India’s largest private sector power transmission company, has announced that it has signed a share purchase agreement and completed the acquisition of WRSS XXI (A) Transco Ltd, an SPV […] Read more
New Technologies – Opportunity for Indian Solar Manufacturers Updated On Mon, Oct 14th, 2019 by Saurenergy While more solar modules are being installed and the Indian photovoltaic market is growing noticeably, the vast majority of all solar modules, especially solar cells, are still imported from China. Other countries around the world also source their solar modules in China but there seems to be a shift in thinking. In view of the […] Read more
Canadian Solar Wins 393.7 MW Solar Project in Brazil Updated On Fri, Oct 11th, 2019 by Saurenergy Canadian Solar has been awarded three solar projects totaling 393.7 MW in two recent Private Corporate Auctions held in Brazil. Canadian Solar, one of the world’s largest solar power companies, has announced that it has been awarded three solar photovoltaic (PV) projects totaling 393.7 MW in two recent Private Corporate Auctions held in Brazil in the third […] Read more
Sterlite Power Raises Funds from Brazilian Market via Debentures Updated On Thu, Oct 10th, 2019 by Saurenergy This is an important milestone for the company as its first infrastructure debentures in the Brazilian capital markets. Global power transmission assets developer Sterlite Power has raised funds through its newly issued infrastructure debentures for the Arcoverde Project. Arcoverde Project was the company’s first project in Brazil which was successfully commissioned 28 months ahead of […] Read more
REIL Tenders for 50 MW Rooftop and Small Solar Plants Under RESCO Model Updated On Thu, Oct 10th, 2019 by Saurenergy REIL has tendered for implementation of 50 MW rooftop and small solar power plants programme for government buildings in India under the RESCO model The Rajasthan Electronics and Instruments Limited (REIL) has issued a tender, inviting bids from eligible parties for implementation of 50 MW grid-connected rooftop and small solar power plants programme for government […] Read more