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
Installation of Additional Solar DC Capacity to be Left on Developers: MNRE Updated On Wed, Nov 6th, 2019 by Saurenergy MNRE has stated that as long as the solar plants are in accordance with the contracted AC capacity, installation of DC capacity should be left to developers In a decision that will come as a relief for solar power developers in the country, the Ministry of New and Renewable Energy (MNRE) has issued an advisory/clarification […] Read more
Enel Begins Work on 280 MW Wind Facility in South Africa Updated On Wed, Nov 6th, 2019 by Saurenergy Enel has started construction in South Africa of its Karusa and Soetwater wind farms, with an installed capacity of 140 MW each. Enel, through its renewable subsidiary Enel Green Power RSA, has started construction in South Africa of its Karusa and Soetwater wind farms, with an installed capacity of 140 MW each. The plants, which […] Read more
Shell to Boost Floating Wind Expertise Via EOLFI Acquisition Updated On Wed, Nov 6th, 2019 by Saurenergy However, the acquisition of EOLFI is subject to regulatory and ministerial approvals, which is expected to be completed during the month of December this year. With an aim to expand its renewable energy business and to get specialization in floating wind capabilities, Royal Dutch Shell has entered into an agreement to buy 100 percent shareholding in […] Read more
SECI Extends Bid Deadline for 1200 MW Wind Tender Updated On Wed, Nov 6th, 2019 by Saurenergy SECI has extended the bid submission deadline for its tender for setting up of 1200 MW of wind energy projects in India until November 20, 2019. The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for its tender for setting up of 1200 MW of wind energy projects in India. The […] Read more
Ingeteam Announces 1 GW Wind Output From India Plant Updated On Wed, Nov 6th, 2019 by Saurenergy At least one firm seems happy with their time in India so far. Spanish electrical conversion and turbine control equipment supplier Ingeteam has announced the completion of 1GW of output within the first year of operations at its production facility in India. The firm, which set up its plant near Chennai in Tamil Nadu, had […] Read more
Australia’s 1st Offshore Wind Project Step in the Right Direction: IEEFA Updated On Wed, Nov 6th, 2019 by Saurenergy Australia’s first offshore wind project in Victoria is a step in the right direction despite the over investment, a new note has revealed. The ‘Star of the South’ off Austalia’s coast, a massive 2.2 gigawatts (GW) offshore wind capacity proposal and will be Australia’s largest electricity project and worth reportedly USD 8 billion in investments, […] 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