Waaree, Metafin Partner to Offer Lending Solutions Updated On Fri, Jul 26th, 2019 by Saurenergy The company said the loan will cover up to 70 percent of the total project cost and repayable through easy EMIs. To make solar energy more accessible, leading PV module maker and EPC services provider Waaree Energies has partnered with Metafin Cleantech, an NBFC specialising in renewable energy and clean tech, to provide easy lending. […] Read more
Reviewing PPAs Only to Ensure Competitive Prices: Reddy Updated On Fri, Jul 26th, 2019 by Saurenergy The decision to renegotiate PPAs was only aimed at ensuring competitive prices and pass on the accruing benefit to the people, YS Jagan Mohan Reddy has said. The new Andhra Pradesh government’s move to renegotiate power purchase agreements (PPAs) signed with renewable energy producers in the last five years under the TDP government was only […] Read more
SECI Amends 2 GW Tender Under CPSU-II Scheme Updated On Fri, Jul 19th, 2019 by Saurenergy SECI has amended its RfS for setting up of 2 GW solar projects in India under the CPSU scheme phase-II for a second time. The Solar Energy Corporation of India (SECI) has amended its Request for Selection (RfS) for setting up of 2 GW grid-connected solar PV power projects in India (Tranche-I) under the CPSU […] Read more
Investments in RE Doubled Over Last 5 Years, Surpass Coal in 2018: Report Updated On Fri, Jul 19th, 2019 by Saurenergy According to a new report, investments in India’s renewable market doubled over the last five years. And at $20 billion in 2018, it surpassed coal. According to a new report, investments in India’s renewable energy market have doubled over the last five years. And at $20 billion in 2018, it surpassed the capital expenditure in […] Read more
In the Andhra Pradesh PPA Standoff, Where Is The Exit Route? Updated On Thu, Jul 18th, 2019 by Saurenergy The Andhra Pradesh Power Purchase Agreements (PPA) mess continues to get curiouser. After some clumsy damage to the prospects of existing and future solar projects with the unilateral decision to relook PPA’s, the state government’s latest missive to Solar Energy Corporation of India (SECI) and National Thermal Power Corporation (NTPC) ups the stakes further. The […] Read more
Amplus Wins APVIA Award for Contribution to PV Industry Updated On Tue, Jul 16th, 2019 by Saurenergy This award reiterates our commitment to meet the ever-evolving energy needs of our clients with leading quality and safety levels, said Sanjeev Aggarwal. Adding another feather in its cap, country’s one of the leading rooftop solar power producers Amplus Energy Solutions has won the APVIA Award 2019 for its contribution to the photovoltaic (PV) industry. […] Read more
EDPR Secures PPA for 126 MW Wind Farm in Brazil Updated On Wed, Jul 10th, 2019 by Saurenergy EDPR has secured a 20-year PPA, to sell the energy to be produced by Monte Verde VI and Boqueirão I-II wind farms in Brazil. EDP Renováveis (EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, through its subsidiary EDP Renováveis Brasil, S.A., has secured a 20-year […] Read more
China to Become Largest Energy Storage Market in APAC by 2024 Updated On Tue, Jul 9th, 2019 by Saurenergy A new analysis has revealed that China will become the largest energy storage market in the Asia Pacific (APAC) by 2024. Consultancy and rating agency Wood Mackenzie has revealed that the cumulative energy storage capacity in China is projected to skyrocket from 489 megawatts (MW) or 843 megawatt-hours (MWh) in 2017 to 12.5 gigawatts (GW) […] Read more
Repsol Closes in on RE Target with Addition of 794 MW Pipeline Updated On Tue, Jul 2nd, 2019 by Saurenergy Repsol has announced that it will develop three new RE projects consisting of 2 wind farms and a solar plant with a combined installed capacity of 794 MW Madrid-based energy company, Repsol has announced that it will develop three new renewable energy (RE) projects consisting of two wind farms and a solar PV power plant […] Read more
