Agreements Signed For 120 MW of Solar Power Projects in Nigeria Updated On Tue, May 2nd, 2017 by Saurenergy Afrinegia Nigeria Limited and CT Cosmos Nigeria Limited have inked an agreement for put/call option with the Ministry of Power Works and Housing for 120 MW of Solar Power Projects in Nigeria Two more solar project developers have signed financial risk agreements for utility-scale solar power projects in Nigeria, strengthening the country’s roadmap towards becoming […] Read more
India Expects To Add Almost 10 GW of Solar Power Capacity in 2017 Updated On Tue, May 2nd, 2017 by Saurenergy Mercom Capital Group expects over 9,000 megawatts of utility-scale and almost 800 megawatts of rooftop solar power capacity to be added in 2017. The Indian solar power market is expected to see another record capacity addition this year as several large-scale power projects are lined up for commissioning. According to India-based consultancy Mercom Capital Group, […] Read more
SECI Reduces Levelized Ceiling Tariff for 500 MW Rooftop Solar Power Tender Updated On Tue, May 2nd, 2017 by Saurenergy The updated Levelized Ceiling Tariff 500 MW Rooftop Solar Power Tender is lower than the previous benchmark by Rs.1.03/kWh in general category states and union territories, and lower by Rs.0.40/kWh in special category states and union territories. The Solar Energy Corporation of India (SECI) has reduced the levelized ceiling tariff for the amended 500 MW […] Read more
Mumbai Metro One Private to Utilize Solar Panels to Meet its Power Needs Updated On Mon, May 1st, 2017 by Saurenergy The electricity generated from the solar panels will be utilized for operations of various Mumbai Metro stations equipment such as lighting, air-conditioning, lifts, escalators and pumps. From May onwards, Mumbai Metro One Private Ltd (MMOPL) will source 30% of its non-traction energy requirement through solar panels which have been installed at Andheri and Ghtatkopar Metro […] Read more
ADB Backs Sunseap to Build Cambodia’s First Large-Scale Solar Power Farm Updated On Mon, May 1st, 2017 by Saurenergy As part of the Cambodia’s First Large-Scale Solar Farm project, Sunseap entered into a 20-year solar power purchase agreement (PPA) with EDC. The Asian Development Bank (ADB) has backed Singapore’s Sunseap Group’s project to build Cambodia’s first large-scale solar power project under a long-term agreement with Electricité Du Cambodge (EDC). ADB’s Private Sector Operations Department […] Read more
Puerto Rico Unveils Region’s Largest Operational Solar Power Plant Updated On Mon, May 1st, 2017 by Saurenergy Located in the northwest coastal town of Isabela, the solar power plant of Puerto Rico will produce more than 100,000 megawatts of energy an hour in its first year. Puerto Rico has unveiled what officials say is the Caribbean’s largest solar power plant in operation. Gov. Ricardo Rossello said that the solar power plant will […] Read more
Filipino, Chinese Firms Launch Wind and Solar Power Plants Updated On Sun, Apr 30th, 2017 by Saurenergy Filipino and Chinese companies announced $43 million wind and solar power plants that will be built in the northern Philippines. Energy Logics Philippines Inc and Qingdao Hengshun Zhongsheng Group Co, will build a 132-megawatt plant in Burgos and a 100-megawatt facility in Pasuquin, both in Ilocos Norte. “It is the biggest project that a China enterprise […] Read more
Fotowatio Renewable Ventures Raises $29 Million from IFC to Fund 100 MW Solar Power Projects in Andhra Pradesh Updated On Sat, Apr 29th, 2017 by Saurenergy The Company is building two solar power projects of 50MW each in Andhra Pradesh. The cost of the project is estimated at $119 million which will be funded through a mix of 75 per cent debt and 25 per cent equity. Fotowatio Renewable Ventures (FRV) has raised $29 million (~Rs.1.86 billion) in non-convertible debentures (NCDs) […] Read more
BHEL commissions 3 MW Solar Power Plant in Dadra and Nagar Haveli Updated On Fri, Apr 28th, 2017 by Saurenergy Bharat Heavy Electricals Ltd has developed the 3 megawatt solar power project on a turnkey basis for Dadra and Nagar Haveli Power Distribution Corporation Ltd. State-owned power sector equipment manufacturer Bharat Heavy Electricals Ltd. has commissioned a 3 MW solar power plant in the union territory of Dadra and Nagar Haveli. BHEL told ET that […] Read more
