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CREDA Reschedules Pre-Bid Meet for 20MW Rooftop Solar Tender

In line with the government’s directive to ensure social distancing norms amid coronavirus crisis, state nodal agency Chhattisgarh State Renewable Energy Development Agency (CREDA) has rescheduled the pre-bid meeting for its 20 MW tender for grid-connected rooftop solar photovoltaic (PV) systems under Resco model. Now, the new date and time for the pre-bid meeting is […]

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Spruce Finance Closes $124 Mn Residential Solar Financing Package

Spruce Finance has closed a USD 124 million debt financing deal for its portfolio of residential solar PPAs and leases with Vantage and Sequoia Spruce Finance, one of the largest private owner and operator of distributed generation solar and residential energy assets in the US, has closed a USD 124 million debt financing deal for its portfolio of residential […]

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B’desh Unveils $218.7Mn Green Transformation Fund to Offer Easy Financing for Solar Developers 

With an aim to make financing easily available post-coronavirus, Bangladesh has introduced a USD 218.7 million (EUR 200 million) Green Transformation Fund (GTF) so that soft loans can be provided to solar developers, other environment-friendly products and importers of Eurozone’s energy efficiency components. Moreover, the fund issued is in addition to its existing USD 200 […]

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SolRiver Closes on Equity Commitment to Acquire $200 Mn Solar Projects

SolRiver Capital has announced that it has closed an equity commitment from Rockland Capital to acquire up to USD 200 million of solar projects. SolRiver Capital, a solar investment fund that owns distributed-generation and utility-scale projects, announced that it has closed an equity commitment from Rockland Capital, an energy-focused infrastructure investment fund, to acquire up to USD 200 million of solar […]

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Tender Issued for Rooftop Solar Systems at 34 Health Centres in Nagpur

MEDA has tendered for the commissioning of rooftop solar PV power plants under net metering at 34 primary health centres in Nagpur, Maharashtra. The Maharashtra Energy Development Agency (MEDA) has issued a tender for the commissioning of grid-connected rooftop solar PV power plants under net metering at 34 primary health centres in Nagpur, Maharashtra. Each […]

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22.75% Drop in Power Consumption in April due to Lockdown

Power consumption in April dipped 22.75% to 85.05 BU compared to 110.11 BU in the same month a year ago, mainly due to low demand due to lockdown Power consumption in April dipped 22.75 percent to 85.05 billion units (BU) compared to 110.11 BU in the same month a year ago, mainly due to low demand amid the nationwide […]

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5th Extension for SECI’s 4 MW Floating Solar Plus BESS Tender

Extension of the tender for 4 MW floating solar with 2 MW/ 1 MWh BESS in North Andaman. This is now the fifth such extension in SECI’s tender. The Solar Energy Corporation of India (SECI), in its latest notification, has extended the bid submission deadline for its tender for the selection of solar power developers […]

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MicroSun Solar Resumes Manufacturing amidst Strict Safety Measures

Amidst strict measures followed as per the government directives, MicroSun Solar, a solar photovoltaic (PV) module manufacturing company, has resumed operations at its Bangalore factories and opened all warehouses across the country. While talking to Saur Energy, the company informed that “it has resumed operations from May 04, 2020, onwards, in compliance with all the […]

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Solar Should Escape Any Collataral Damage From Michael Moore’s Latest

Over a week after the release of his documentary, Planet of the Humans, that has been streaming on Youtube, the response to the documentary has been mixed. The documentary takes a long (one hour and 40 minutes) hard look at the flag bearers of the environmental movement, with a special focus on the solar, biomass […]

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