Kerala Commission Orders State Discom to Clarify PPA Arrangements For Wind Project Updated On Thu, May 23rd, 2019 by Saurenergy The Commission noted that both the parties need to arrive at a consensus for getting the approval of the PPA to be entered, and regarding the tariff, commercial operation date. The Kerala State Electricity Regulatory Commission (KSERC) recently held a hearing for a petition filed by Kosamattam Finance Ltd. (KFL) regarding the project tariff period, […] Read more
Haryana Open Access Move Shows High Potential From C&I market for Renewables Updated On Wed, May 22nd, 2019 by Saurenergy With Amplus Energy announcing a 750 crore investment to establish 150 MW of solar capacity in Haryana, the C&I (corporate and industrial) market has a new state to cheer for. The announcement by Amplus follows the change to the state rules brought in by the Haryana Renewable Energy Development Agency (HAREDA) in March 2019, when […] Read more
Missing The Sunshine – Mini Grids in India Updated On Tue, May 21st, 2019 by Saurenergy Even as the solar story develops in India, there is a part of the sector that has quietly been working and making an impact in its own way. Yes, Mini Grids and even micro grids, in the limited opportunities they have had in the country, have made a strong case for themselves. Serving areas that […] Read more
Danish Renewable Energy Infrastructure Fund Closes on $700 Mn Updated On Mon, May 20th, 2019 by Saurenergy Copenhagen Infrastructure Partners (CIP) new fund, the New Markets Fund I, which will invest in renewable energy infrastructure targeting fast-growing major new economies primarily in Asia and Latin America, reached the first close of USD 700 million. “Obtaining first close commitments of USD 700m from a group of leading Nordic investors is an important proof […] Read more
Vestas Secures Orders Worth 687 MW From PacifiCorp Updated On Mon, May 20th, 2019 by Saurenergy TB Flats I and II and then Ekola Flats are part of PacifiCorp’s Energy Vision 2020 initiative, a USD 3.1 billion investment to expand wind power via repowering existing projects. Denmark-based, Vestas has bagged orders worth 687 MW for three wind projects from PacifiCorp, a subsidiary of Berkshire Hathaway Energy. The first order is for 459 […] Read more
Interview with Manish Gupta, Managing Director, Insolation Energy Pvt Ltd Updated On Sat, May 18th, 2019 by Saurenergy Industry Needs Some Breathing Space in Terms of Prices to Grow Cost of module is really the toughest part of the business. We have maintained low prices despite an increase in RM cost. We are managing by increasing the capacity so that fixed costs are reduced and by high volume procurement we have been […] Read more
PGCIL Proposes Evacuation System For Potential Solar, Wind Farms in the Western Zone Updated On Fri, May 17th, 2019 by Saurenergy The Powergrid Corporation of India (PGCIL) recently came up with a detailed proposal for developing a transmission system for the evacuation of power from potential solar and wind energy zones in the western region. The corporation agreed on the proposal during the first Western Region Standing Committee on Transmission (WRSCT) meeting. Subsequently, a petition was […] Read more
Powergrid Restores Power Supply in Cyclone-hit Odisha Updated On Thu, May 16th, 2019 by Saurenergy State-run Power Grid Corporation of India Ltd (Powergrid) has announced that it has helped state utilities restore electricity supply in cyclone-hit Odisha. Cyclone Fani on May 3, 2019, caused massive damage to power supply infrastructure in coastal Odisha, uprooting lakhs of electric poles, transformers and collapse of towers, Powergrid said in a statement. “Powergrid has helped restore power with […] Read more
APICORP Signs $75 Mn Financing Facility with Saudi Renewable Firm Alfanar Updated On Wed, May 15th, 2019 by Saurenergy The 5-year financing facility has been initially designed to support the Saudi-based renewable energy developer’s renewables energy projects, most notably the wind project it is currently developing in Spain. The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, has signed a strategic five year Murabaha financing facility worth USD 75 million with Alfanar […] Read more
