Canadian Solar Raises $260 Mn in Preparation for the Carve-Out IPO Updated On Thu, Oct 1st, 2020 by Saurenergy Canadian Solar has agreed to USD 260 million capital raising for CSI Solar – an important step for it to qualify for the planned carve-out IPO in China Canadian Solar, has announced that it has agreed to an RMB 1.78 billion (approximately USD 260 million) capital raising for its Module and System Solutions (MSS) subsidiary, CSI Solar. […] Read more
300MWh Projects Award to ENGIE Upheld by Guam’s Public Auditor Updated On Wed, Sep 30th, 2020 by Saurenergy In a win for the clean energy goals of Guam, the Office of Public Accountability upheld the award of its Phase III Renewable Energy Project to ENGIE. In a win for Guam’s clean energy goals, the Office of Public Accountability (OPA) upheld the power utility’s award of its Phase III Renewable Energy Project to ENGIE. […] Read more
GUVNL Tenders for Procuring 500 MW Solar Power Updated On Wed, Sep 30th, 2020 by Saurenergy GUVNL has issued a tender, inviting bids from eligible projects and project developers for the purchase of 500 MW of solar power. The Gujarat Urja Vikas Nigam Limited (GUVNL) has issued a tender, inviting bids from eligible projects and project developers for the purchase of 500 MW of solar power through competitive bidding. The solar […] Read more
Non China Solar Brands Eye Opportunities Updated On Wed, Sep 30th, 2020 by Saurenergy As the focus shifts to alternatives to made in China brands, domestic as well as other international brands sense an opportunity to grow faster in the Indian market Solar has been one of those few sectors where we can be proud of our achievements, thanks to special attention it received from the government. But even […] Read more
MNRE Shares Solar Tender Issued in Bhutan for Participation by SPDs Updated On Tue, Sep 29th, 2020 by Saurenergy MNRE has asked SPDA and NSEFI to circulate a solar tender issued in Bhutan amongst solar power developers in India for possible participation in the bid. The Ministry of New and Renewable Energy (MNRE) has written to industry bodies the Solar Power Developers Association (SPDA) and the National Solar Energy Federation of India (NSEFI) to […] Read more
Trafigura Forms new Firm to Invest in Renewable Energy Projects Globally Updated On Tue, Sep 29th, 2020 by Saurenergy Trafigura Group has announced the formation of a new company to invest in a series of solar, wind, and power storage projects globally. Trafigura Group, one of the world’s leading independent commodity trading companies, has announced the formation of a new company to invest in a series of solar, wind, and power storage projects globally. […] Read more
INKEL Commissions 0.6 MW Solar Plant in Kerala Under IPDS Scheme Updated On Mon, Sep 28th, 2020 by Saurenergy INKEL Limited has announced that it has commissioned a 0.6MW grid-connected solar power plant at a 110 kV KSEB Substation at Kottiyam in Kollam district of Kerala under the IPDS scheme. The project was inaugurated by M.M Mani Hon’ble Minister for Electricity on September 16, 2020. The project was executed by INKEL Limited (A Public-Private […] Read more
NTPC Shifts Objective; to Stop Land Acquisition for Thermal Projects Updated On Mon, Sep 28th, 2020 by Saurenergy NTPC proposes to completely stop land acquisition for thermal projects and rather look for reducing its carbon footprint through a renewable energy push. India’s largest coal-fired power producer NTPC has announced that it proposes to completely stop land acquisition for greenfield thermal projects and rather look for reducing its carbon footprint through an aggressive renewable […] Read more
“Green” Credentials of Biomass Energy Challenged by Korean Solar Industry Updated On Mon, Sep 28th, 2020 by Saurenergy Solar developers in South Korea are filing a potentially game-changing lawsuit against their national government (midday Korea Standard Time, 28 September), citing unconstitutional renewable energy subsidies to wood burning that have worsened air pollution, accelerated climate change, and stunted the growth of the Korean solar energy sector. The case represents the first national-level lawsuit challenging […] Read more