New Braunfels Utilities Signs One of the Lowest PPA in the USA Updated On Sat, Dec 15th, 2018 by Saurenergy A municipally owned utility in Texas, New Braunfels Utilities has signed a 15 year contract with Engie-affiliated Long Draw Solar for $25 per megawatt-hour. New Braunfels Utilities has signed one of the lowest power purchase agreement in the United States and the lost one in the state of Texas. A municipally owned utility in Texas, […] Read more
Australia’s CEFC Invests $72 Mn in Renewables Fund Updated On Fri, Dec 14th, 2018 by Saurenergy This is the largest equity investment ever made in renewable energy in Australia with an aim to encourage institutional investors. Making a tremendous renewable energy push, Australia’s Clean Energy Finance Corporation (CEFC) has invested US $72 million (AU $100 million) in the Australian Renewables Income Fund (ARIF). This is the largest equity investment ever made […] Read more
India Set to Overachieve Paris Climate Commitments Updated On Fri, Dec 14th, 2018 by Saurenergy India has committed to reduce the use of fossil fuels for its energy needs by 40% and instead use clean and renewable energy by the year 2030. Amidst a growing demand to do more for climate change, India comfortably sits at a position to overachieve the Paris climate change commitments. India has committed to reduce […] Read more
Vestas Bags its Largest Wind Energy Order in India for 252 MW Updated On Thu, Dec 13th, 2018 by Saurenergy The order was placed by Vivid Solaire Energy Pvt. Ltd., a subsidiary of Engie, and was awarded as part of the national level wind auctions organised by SECI. Danish Wind energy mammoth Vestas has bagged its largest order till date in India for a 252 MW wind energy project in Tamil Nadu. The order is […] Read more
Suzlon Bags 50.4 MW Turbine Order from Atria Power Updated On Thu, Dec 13th, 2018 by Saurenergy Suzlon will install 12 units of S111-140m and 12 units of S120-140m wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower. Suzlon group has announced that it has secured 50.4 MW order from Bengaluru-based Atria Power to supply wind turbines for a project in Tamil Nadu. Suzlon will install 12 units of S111-140m […] Read more
MNRE Again Amends Guidelines for Viability Gap Funding Updated On Wed, Dec 12th, 2018 by Saurenergy Earlier, SECI had the power to delay the project by three months in such situations and any extension beyond three months had to be approved by the ministry. The ministry of New and Renewable energy has yet again amended the guidelines which it issued earlier regarding setting up of solar parks of more than 2 […] Read more
Waaree Energies Launches Indigenously Developed Light-Weight Modules Updated On Wed, Dec 12th, 2018 by Saurenergy Overcoming the limitations posed by heavy glass modules, WLW modules are easy to install and can highly benefit the transportation sector in India. Taking the indigenous development of solar modules ahead, Waaree Energies has launched the customizable Waaree Light-Weight (WLW) Modules. The indigenous modules can be customised to any shape and colour. Overcoming the limitations […] Read more
India to Add 10000 MW Renewable Energy Capacity in 2020: Icra Updated On Wed, Dec 12th, 2018 by Saurenergy The current trend prediction comes on the back of the fact that the share of renewable energy has been steadily rising in India’s energy mix. Renewable energy capacity addition can be expected to be around 10000 MW in financial year 2019-2020, rating agency Icra has said while maintaining a stable outlook for the renewable energy […] Read more
SB Energy, Adani Green Win 840 MW at SECI’s Hybrid Auction Updated On Thu, Dec 6th, 2018 by Saurenergy SB Energy has won the project at Rs 2.67 per unit of electricity generated while Adani Green Energy won at Rs 2.69 per unit at the auction. In the Solar Energy Corporation of India’s (SECI’s) first wind-solar hybrid auction of 1,200 MW capacity, SoftBank-backed SB Energy and Adani Green Energy won 450 MW and 390 MW respectively. Further, […] Read more
