DERC Approves PSA Between SECI and Tata Power-DDL For Sale of 50 MW Wind Power Updated On Fri, Mar 22nd, 2019 by Saurenergy The Delhi Electricity Regulatory Commission (DERC) has approved the Power Sale Agreement (PSA) between the Solar Energy Corporation of India (SECI) and Tata Power Delhi Distribution Limited (TPDDL) for the sale of 50 MW of wind power. The order was passed after TPDDL had petitioned the commission to approve the PSA and adopt a tariff […] Read more
SECI Re-Issues Notice For Selection of SPDs For 2 MW Solar Projects at Army Posts in J&K Updated On Fri, Mar 22nd, 2019 by Saurenergy The solar projects will be developed at the army post in Siachen and an army post in Partapur. The Solar Energy Corporation of India (SECI) has issued a notice for the third time, inviting online bids for setting up of 2 MW solar power plants in Jammu and Kashmir. The solar projects will be developed […] Read more
Iberdrola Commences Work on $340 million Spanish Solar Plant Updated On Wed, Mar 20th, 2019 by Saurenergy Spanish utility Iberdrola has commenced work on a 500-megawatt (MW) solar photovoltaic power plant in Badajoz, Spain. It is its first PV project in Europe. The facility, Iberdrola’s first photovoltaic plant in Europe, will use 1.5 million panels spread across a 1,000-hectare site. The company will invest around 300 million (US$340 million) euros in its development. Iberdrola […] Read more
Lakshmi Machine Works to Commission its First Solar Power Plant Updated On Wed, Mar 20th, 2019 by Saurenergy The 10 MW photovoltaic solar power generating facility will come up at Kondampatti in Coimbatore district. Coimbatore-based Lakshmi Machine Works has forayed into solar power generation, with its first facility to be inaugurated on March 24, 2019, in Tamil Nadu. The 10 MW photovoltaic solar power generating facility will come up at Kondampatti in Coimbatore […] Read more
Atlas Renewable Energy Secures $152 Mn For Financing of 3 Solar Plants in Brazil Updated On Wed, Mar 20th, 2019 by Saurenergy The three projects are estimated to benefit around 470,000 families per year with clean, renewable energy and will avoid the emission of 108,000 tons of CO2 annually. Atlas Renewable Energy, a leader in clean energy in Latin America, announced the completion of long-term financing of three of its solar energy plants in Brazil for a total amount […] Read more
Nordex Wins Wind Projects Totalling 108 MW in Greece Updated On Wed, Mar 20th, 2019 by Saurenergy European wind energy major, Nordex Group has won new orders for wind farms from Greece. Terna Energy SA has ordered a total of 36 machines of different models with a capacity of 108 MW. The orders also include a Premium Service contract covering five years with an option to extend for a further five. “We […] Read more
ADB Commits $50 Mn in Noida-Based Solar Power Developer Avaada Updated On Wed, Mar 20th, 2019 by Saurenergy The multi-lateral funding agency said the investment contributes to ADB’s goal to provide cumulative climate finance of $80 billion from 2019 to 2030. The Manila based Asian Development Bank (ADB) announced that it has inked an agreement to invest $50 million in solar energy project developer Avaada Energy Pvt Ltd to help the company scale up rapidly. The investment will […] Read more
NHPC Issues Tender For 1082 kW Solar Projects in Himachal Pradesh Updated On Wed, Mar 20th, 2019 by Saurenergy The last date for bid submission is (April 12, 2019 – Online) April 15, 2019. NHPC Ltd. has issued a tender for the implementation of rooftop and small solar power plants of a total capacity of 1082.16 kW in NHPC power stations at Chamera-I (155 kW), Chamera-II (230 kW), Parbati-II (500 kW and 125 kW), […] Read more
EXIM Bank Extends 3 LOCs Worth $83.11 Mn to Congo For 3 Solar Projects Updated On Tue, Mar 19th, 2019 by Saurenergy The loan will be utilised for financing three solar photovoltaic power projects with a total capacity of 35 MW in the three provinces — Karawa, Mbandaka and Lusambo. The Export-Import Bank of India (Exim Bank0 has, on behalf of the Government of India, extended 3 Lines of Credit (LOC) aggregating USD 83.11 million to the […] Read more
