Glennmont Closes its 3rd Clean Energy Fund at a Record €850 Mn Updated On Tue, Jun 4th, 2019 by Saurenergy Glennmont Partners has successfully raised €850m at the final close of its third fund investing in clean energy infrastructure projects in Europe. UK-based fund manager Glennmont Partners has successfully raised €850m at the final close of its third fund investing in clean energy infrastructure projects in Europe. It is the largest amount that has ever […] Read more
Regulatory Challenges a Limiting Factor for RE in India Updated On Tue, Jun 4th, 2019 by Saurenergy The increasing share of renewables in the total energy mix of the country may lead to an increase in regulatory challenges for coal-based projects in the long term, global rating agency Moody’s Investors Service has revealed. The higher share of renewable energy in the total energy mix presents key regulatory challenges in terms of integrating new renewable […] Read more
SECI’s 100 MW Solar Tender For SCCL Extended and Amended Updated On Tue, Jun 4th, 2019 by Saurenergy The last date for bid submission for the SCCL tender has been extended till June 10, 2019, and the techno-commercial bids will be opened on the same date. The Solar Energy Corporation of India (SECI) has extended the deadline for bid submission on its SCCL tender for the Design, Engineering, Supply, Construction, Erection, Testing & […] Read more
SECI Extends Deadline For 2 GW Solar Projects Tender Under CPSU-II Updated On Tue, Jun 4th, 2019 by Saurenergy The deadline bid submission has been extended by SECI till July 2, 2019. The Solar Energy Corporation of India (SECI) has extended the deadline for bid submission on its tender for selection of solar power developers for setting up of 2000 MW grid-connected solar PV power projects in India (Tranche-I) under CPSU Phase-II scheme (Government Producer Scheme). The […] Read more
MNRE Invites Proposals For Development of Gravity Storage Projects Updated On Mon, Jun 3rd, 2019 by Saurenergy The specific objective of the proposal is to develop a prototype system integrating renewable energy with gravity storage. The Ministry of New and Renewable Energy (MNRE) has been supporting a research programme on different aspects of renewable energy and energy storage. With an increasing share of renewables, there would be a requirement of Energy Storage […] Read more
Fortum and Skellefteå Kraft Restructure Stakes in 2 Swedish Wind Farms Updated On Mon, Jun 3rd, 2019 by Saurenergy Fortum and Skellefteå Kraft are to restructure their ownership in the two jointly owned Swedish wind parks Solberg and Blaiken. Through the proposed asset swap arrangement Fortum would become the sole owner of the 76-megawatt (MW) Solberg wind park and Skellefteå Kraft the sole owner of the 248-MW Blaiken wind park. Currently, Fortum owns 50% […] Read more
Siemens Gamesa Bags Order For 640 MW Offshore Wind Project in Taiwan Updated On Mon, Jun 3rd, 2019 by Saurenergy Siemens Gamesa Renewable Energy has finally received the firm order for the 640 MW Yunlin offshore wind plant in Taiwan. Following its selection as the preferred supplier in May 2018, Siemens Gamesa Renewable Energy (SGRE) has received the firm order by wpd offshore to supply the 640 MW Yunlin offshore wind power plant in Taiwan. […] Read more
Kenya’s 1st Utility Scale IPP Solar Proj to Kick-off Construction Post Financial Close Updated On Mon, Jun 3rd, 2019 by Saurenergy Meanwhile, it is expected that the plant will reach commercial operation in mid-2020 as the construction work likely to take around twelve months. With an aim to power Africa’s growth trajectory, Globeleq is mulling to begin the construction of Kenya’s one of the first IPP-owned utility scale solar power plants post the financial close. This 40 […] Read more
Canada Launches Climate Action Incentive Fund Updated On Mon, Jun 3rd, 2019 by Saurenergy Businesses that plan to build renewable energy projects are eligible to receive up to 25% of project-related costs, with funding ranging from C$20,000 to C$250,000, under the Climate Action Incentive Fund. The government of Canada has launched a new incentive program, the Climate Action Incentive Fund (CAIF), to help fight climate change, the federal […] Read more
