ADB Grants $451 Mn to Strengthen Power Connectivity in Tamil Nadu Updated On Thu, Nov 7th, 2019 by Saurenergy ADB has approved a USD 451 million loan to strengthen power connectivity between the southern and northern parts of the CKIC in Tamil Nadu The Asian Development Bank (ADB) has approved a USD 451 million loan to strengthen power connectivity between the southern and northern parts of the Chennai–Kanyakumari Industrial Corridor (CKIC) in Tamil Nadu, […] Read more
Sterlite Power to Sell its Arcoverde Project in Brazil for About $35.5 Mn Updated On Wed, Nov 6th, 2019 by Saurenergy The motive behind the construction of Arcoverde Project was to expand the flow of renewable energy in the State of Pernambuco in Brazil. Global power transmission assets developer Sterlite Power has entered into a sale agreement with V2i Transmissão de Energia S.A. for its Brazilian transmission project called Arcoverde. As per the deal, V2i Transmissao […] Read more
Installation of Additional Solar DC Capacity to be Left on Developers: MNRE Updated On Wed, Nov 6th, 2019 by Saurenergy MNRE has stated that as long as the solar plants are in accordance with the contracted AC capacity, installation of DC capacity should be left to developers In a decision that will come as a relief for solar power developers in the country, the Ministry of New and Renewable Energy (MNRE) has issued an advisory/clarification […] Read more
Mainstream Power Closes $580 Mn Renewable Financing Deal in Chile Updated On Wed, Nov 6th, 2019 by Saurenergy Mainstream Renewable Power has reached financial close for the 1st phase of its wholly-owned and fully-contracted 1.3 GW wind and solar platform in Chile. Mainstream Renewable Power has reached financial close for the first phase of its wholly-owned and fully-contracted giant 1.3 gigawatts (GW) “Andes Renovables” wind and solar power generation platform in Chile. The […] Read more
KSEB to Modify PSA for 200 MW Wind Power Signed with SECI Updated On Wed, Nov 6th, 2019 by Saurenergy KSERC has asked state Discom KSEB to modify its PSA that it had signed with the SECI for procuring 200 MW wind energy. The Kerala State Electricity Regulatory Commission (KSERC) has in its latest order, asked state Discom Kerala State Electricity Board (KSEB) to modify its Power Sale Agreement (PSA) that it had signed with […] Read more
Genie Energy Solar Arm Bags Module Supply Order from JPMorgan Chase Updated On Tue, Nov 5th, 2019 by Saurenergy Prism Solar Technologies (Prism Solar), a solar manufacturing arm of Genie Energy, has secured an order from JPMorgan Chase to supply solar modules for the installation at its facilities. The company said in a statement that, “Genie Energy Ltd announced that its solar manufacturing subsidiary, Prism Solar Technologies, has received additional purchase orders from JPMorgan […] Read more
SunAlpha Energy Offers Financing Scheme for Rooftop Solar Plants Updated On Mon, Nov 4th, 2019 by Saurenergy During the initial launch of the facility, SunAlpha Energy wants to target around one thousand homes and businesses with rooftop solar plants. With an aim to make the adoption of solar power easier on the pocket, Rajasthan-based SunAlpha Energy on Monday has launched an easy EMI financing scheme for rooftop solar power plants. During the […] Read more
Industrial Solar Arm Inks Pact with UNIPER for Solar Process Heat Updated On Mon, Nov 4th, 2019 by Saurenergy With an aim to use solar process heat in place of thermal in the industry, solar energy equipment provider Industrial Solar Holding Europe AB, via its wholly owned subsidiary, German Industrial Solar has signed a cooperation agreement with UNIPER SE. The move came after the company analyses the huge potential of solar process heat in […] Read more
SN Sahai Takes Charge as Power Secretary; Garg to Begin New Innings Updated On Fri, Nov 1st, 2019 by Saurenergy Now, Garg is mulling to kick off his new innings in the economic and financial policy work outside Government. Sanjeev Nandan Sahai on Friday has assumed charge as Secretary in the Ministry of Power in New Delhi. He has been appointed in place of Subhash Chandra Garg, who retired on October 31, 2019. Prior to this, Sahai, who […] Read more
