JERC Orders two UTs to Comply With RPO Targets Updated On Fri, Dec 20th, 2019 by Saurenergy JERC has asked DNHPDCL and the electricity department of Daman & Diu to comply with the RPO targets set by the commission. The Joint Electricity Regulatory Commission (JERC) has been conducting suo-moto hearings in the matter of compliance of the Renewable Purchase Obligations (RPO) by the State of Goa and Union Territories. After its latest […] Read more
Gujarat Commission to Amend Rooftop Solar Net Metering Regulations Updated On Thu, Dec 19th, 2019 by Saurenergy GERC while assessing a petition by GUVNL has ordered its staff to begin work on drafting amendments for the Gujarat rooftop solar net metering regulations The Gujarat Electricity Regulatory Commission (GERC) while assessing a petition filed by the Gujarat Urja Vikas Nigam Limited (GUVNL) has ordered its staff to begin work on the drafting process […] Read more
Azure Power’s $75 mn Private Placement Successfully Completed Updated On Tue, Dec 17th, 2019 by Saurenergy Azure Power has informed that its previously announced USD 75 million private placement has been completed, issued 6,493,506 equity shares to CDPQ Azure Power Global, a leading independent solar power developer in India, has informed that its previously announced USD 75 million private placement has been completed and that it has issued 6,493,506 equity shares […] Read more
Gulf Pacific Power Acquires 80% Stake in 812 MW Wind Portfolio Updated On Tue, Dec 17th, 2019 by Saurenergy Gulf Pacific Power has completed the acquisition of an 80 percent stake in an 812 MW portfolio of five operating wind projects located in the US and Canada. Gulf Pacific Power (GPP) has completed the acquisition of an 80 percent stake in EGPNA Renewable Energy Holdings (REP), a holding company that owns an 812 MW […] Read more
Adani Transmission Receives LOI for Transmission Project in Maharashtra Updated On Tue, Dec 17th, 2019 by Saurenergy Adani Transmission has received LOI from MSETCL to build, own, operate and maintain a transmission project in the state of Maharashtra for 35 years. Adani Transmission Limited (ATL), one of the largest private sector power transmission company operating in India, has received the Letter of Intent (LOI) from Maharashtra State Electricity Transmission Company Limited (MSETCL) […] Read more
Karnataka Commission Encourages Third Party Investments in Rooftop Solar Updated On Fri, Dec 13th, 2019 by Saurenergy KERC has encouraged third-party investments in the rooftop solar segment in Karnataka in its order regarding the decision on various models and guidelines for rooftop solar plants The Karnataka Electricity Regulatory Commission (KERC) has encouraged third-party investments in the state’s rooftop solar segment in its order regarding the decision on various models and guidelines for […] Read more
US Solar Market Records Best Quarter for Residential Installations Updated On Fri, Dec 13th, 2019 by Saurenergy The US residential solar market reached record highs in the third quarter of 2019 with 712 MW of solar installed, according to a new report The United States (US) residential solar market reached record highs in the third quarter of 2019 with 712 megawatts (MW) of solar installed, according to the latest US Solar Market Insight […] Read more
Azure Wins 2 GW Solar Capacity in SECI’s Manufacturing-Linked Tender Updated On Fri, Dec 13th, 2019 by Saurenergy Azure Power has received an LOA for a 2 GW ISTS solar power project with SECI to supply power for 25 years at a tariff of Rs 2.92 per kWh. A leading solar power producer in India, Azure Power has announced that it has received a letter of award (LOA) for a 2 GW interstate […] Read more
Vestas Bags 185 MW Wind Turbine Order in Chile Updated On Wed, Dec 11th, 2019 by Saurenergy Vestas has received a 185 MW wind turbine order from Mainstream Renewable Power for the Cerro Tigre wind farm in Chile. Vestas has announced that global wind and solar development company, Mainstream Renewable Power has placed a 185 MW wind turbine order for the Cerro Tigre wind farm, to be located in the Antofagasta region, […] Read more