ReNew Power Secures Additional Debt Funding of $350 Mn From OPIC Updated On Thu, Feb 21st, 2019 by Saurenergy The IPP has secured a fresh debt financing of up to USD 350 million from the US Government’s development finance institution. ReNew Power, one of India’s largest renewable energy Independent Power Producer (IPP) in terms of total energy generation capacity, has secured a fresh debt financing of up to USD 350 million from the Overseas […] Read more
NTPC Invites Applications For Enlistment of Wind Energy Developers Updated On Thu, Feb 21st, 2019 by Saurenergy The last date for application submission is February 27, 2019. NTPC Ltd. has issued a Notice Inviting Applications (NIA), inviting bids from eligible bidders for the enlistment of Wind Energy Projects (WEP) anywhere in India of NTPC. The brief scope of work for enlisted wind energy developers will include, the design, engineering, micro-siting, manufacture, supply, […] Read more
NOVEC Signs 300 MW Agreement to Bring Low Cost Solar Power to Virginia Updated On Thu, Feb 21st, 2019 by Saurenergy The solar facilities involved in the agreement are expected to produce enough electricity to power nearly 73,000 homes, or the equivalent of taking nearly 37,000 passenger vehicles off the road. Northern Virginia Electric Cooperative (NOVEC), the 11th largest electric cooperative in the U.S. and D. E. Shaw Renewable Investments (DESRI) have reached an agreement for […] Read more
PRE-BID MEETING NOTIFICATION FOR 50 MW THDC SOLAR POWER PLANT AT KASAGOD KERALA Updated On Thu, Feb 21st, 2019 by Saurenergy Pre-Bid Meeting Notification: Tender for Design, Engineering, Procurement, Supply, Construction, Erection, Testing & Commissioning of 50 MW (AC)Solar PV Power Plant including 10 years Plant O&M at KASARGOD, KERALA, India This has reference to the NIT documents (NIT No. SECI/C&P/NIT/2019/THDC50 dated 08.02.2019) regarding the Tender for Design, Engineering, Procurement, Supply, Construction, Erection, Testing & Commissioning of […] Read more
Saudi Arabia Signs Framework Agreement of ISA Updated On Thu, Feb 21st, 2019 by Saurenergy Saudi Arabia has become the 73rd nation to sign the Framework Agreement of the International Solar Alliance. The agreement was inked during the official state visit of the Crown prince of Saudi Arabia, Royal Highness Muhammad bin Salman bin Abdul-Aziz Al Saad to India. The signed agreement was handed to ISA’s Director-General Upendra Tripathy in […] Read more
Modi Cabinet Approves 25.7 GW Solar Scheme to Benefit Farmers Updated On Thu, Feb 21st, 2019 by Saurenergy In another move that is deadlined 2022, or in time to help the country meet its 100 GW target for solar, the government approved a major scheme to get farmers involved. The KUSUM (Kisan Urja Suraksha evam Utthaan Mahabhiyan) scheme has been in the works for some time and seeks to provide both financial security […] Read more
The URGE for “Li” Vault Updated On Wed, Feb 20th, 2019 by Saurenergy Nowadays, power storage has become vital on the back of its rapid response even at the time of peak demand, as most of the power storage technologies began transmitting power back to the grid within milliseconds. Moreover, storage technologies not only help in bolstering the use of electric vehicles but also help in reducing carbon […] Read more
We Welcome The Govt Decision For 2nd Phase of RTS Scheme: Praveer Sinha Updated On Wed, Feb 20th, 2019 by Saurenergy Heavy front-ended investment of RTS has been the single biggest challenge holding back its deeper penetration, particularly in rural and semi-urban parts of the country, Sinha said. In a bid to achieve the ambitious targets of 40 GW cumulative capacity from Rooftop Solar (RTS) Projects by 2022, the government has provided its consent for the […] Read more
Seimens Gamesa & Senvion Interested in Building $1 BN Wind Farm in Egypt Updated On Wed, Feb 20th, 2019 by Saurenergy The NREA is looking to procure close to 700 wind turbines for 8 wind power projects being developed in the country. In order to achieve 20% of the renewable power in its overall energy by 2022, Egypt is keen on allowing Arab and foreign investors to inject their capitals in the power market. These projects […] Read more
