REIL Tenders for 2 MW Solar Energy Plant Updated On Fri, Nov 8th, 2019 by Saurenergy REIL has issued a tender, inviting bids from eligible bidders for setting up of 2 MW solar energy power plant in Rajasthan. Rajasthan Electronics and Instruments Limited (REIL) has issued a tender, inviting bids from eligible bidders for setting up of 2 MW solar energy power plant at the MES Barmer Jalipa Station, Rajasthan. The […] Read more
Coal India Invites Proposals for 100 MW Solar Plant in Chattisgarh Updated On Fri, Nov 8th, 2019 by Saurenergy Coal India has invited proposals from solar power developers and EPC firms for setting up of 100 MW solar energy plant in Chattisgarh under Capex mode. Coal India Limited (CIL), a Government of India enterprise, has issued an Expression of Interest (EoI) inviting proposals from interested solar power developers and Engineering, Procurement and Construction (EPC) […] Read more
MNRE Clarifies on Solar-Wind Hybrid Project Proportioning Under RPO Updated On Fri, Nov 8th, 2019 by Saurenergy MNRE has now clarified that, the RPO contribution of Obligated Entities (OE) consuming energy from hybrid wind-solar power plant shall be based on the relative proportion of energy contributed by each source, calculated based on the ratio of declared capacities of each source in the PPA. The Ministry of New and Renewable Energy (MNRE) has […] Read more
11 GW Solar & 6 GW Wind, RE Installations in India to Peak Next Year Updated On Fri, Nov 8th, 2019 by Saurenergy A new report has predicted that with 11 GW of new solar additions and 6 GW of wind capacity, renewable energy installations in India will peak in 2020 The utility-scale solar segment in India saw an addition of 4 GW in the first three quarters of 2019 and is expected to add another 4.5 GW […] Read more
8Minute Solar to Build Solar Plus Storage Facility to Serve Los Angeles Updated On Thu, Nov 7th, 2019 by Saurenergy LADWP has partnered with 8minute Solar Energy to provide storable, renewable power to households throughout Los Angeles at the lowest price The Los Angeles Department of Water and Power (LADWP), the largest municipal utility in the United States, has announced a new partnership with 8minute Solar Energy to provide storable, renewable, and affordable power to […] Read more
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
Average Energy Spot Prices at 2-Year Low, REC Prices Rise Updated On Wed, Nov 6th, 2019 by Saurenergy The average spot power price at IEX dropped 54 percent to a two-year low of Rs 2.71 per unit in October, compared to Rs 5.94 per unit last year. The average spot power price at Indian Energy Exchange (IEX) dropped 54 percent to a two-year low of Rs 2.71 per unit in October, compared to Rs 5.94 per unit in the same […] 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