Renascent Power to Buy 75% PPGCL under Stressed Asset Resoln Process Updated On Thu, Nov 15th, 2018 by Saurenergy Further, this transaction is the result of stressed asset resolution process initiated by the lenders through a competitive bidding process. Renascent Power Ventures, arm of Resurgent Power, signed a Share Purchase Agreement (SPA) with a consortium of lenders led by State Bank of India (SBI) to acquire 75.01 percent stake in Prayagraj Power Generation Company […] Read more
India’s Solar Capacity Addition to Fall by 55% in FY19 Updated On Wed, Nov 14th, 2018 by Saurenergy However, the rooftop solar market continues to register a robust performance growing at a pace of 70% annually. Renewable energy consultancy firm Bridge to India has painted a grim picture of the solar industry in the country and has claimed that the solar capacity addition in the current FY will be 55% less than it […] Read more
Solar will Become More Competitive than Coal by 2040: IEA Updated On Wed, Nov 14th, 2018 by Saurenergy IEA also said in the report that Renewable energy has surpassed fossil fuels worldwide as the main source of new electricity generation. Power generation using solar energy will be more competitive than that via coal before 2040, International Energy Agency (IEA) has predicted in its World Energy Outlook 2018 report. IEA also said in the […] Read more
Ameresco Finishes Three Solar Facilities in Ashland Updated On Tue, Nov 13th, 2018 by Saurenergy The Town partnered with Ameresco to develop the solar PV projects under a 20-year Power Purchase Agreement (PPA) Ameresco Inc., a leading energy efficiency and renewable energy company and the Town of Ashland held a ribbon-cutting at the Town’s capped landfill to celebrate the completion of the three solar facilities. The Town partnered with Ameresco […] Read more
Leaders Gather for Groundbreaking of Georgia’s Solar Plant Updated On Tue, Nov 13th, 2018 by Saurenergy The largest infrastructure project in Twiggs County, the GA Solar 4 project will create up to 400 construction jobs and ongoing tax revenues for the region. Leaders of various organisations gathered on Monday in Twiggs County, Georgia to celebrate the ceremonial groundbreaking of the largest solar plant in the state. The largest infrastructure project in […] Read more
Tata Power Delhi Distribution Launches ‘Pay Bill and Win’ Scheme Updated On Tue, Nov 13th, 2018 by Saurenergy Under the scheme those consumers having load up to 11KW and who make their payments on or before December 31st, 2018, with no outstanding amount will be eligible for rewards. Tata Power Delhi Distribution (Tata Power-DDL) has launched a ‘Pay Bill and Win’ scheme to recognise and reward consumers who make timely payments of their […] Read more
EDF Renewables Signs Two 20-Yr PPA For Solar+Storage Proj in California Updated On Tue, Nov 13th, 2018 by Saurenergy The Project is slated to achieve commercial operation by the end of 2021. The agreement is for generation and storage of solar energy. EDF Renewables North America signed two 20-years Power Purchase Agreement (PPA) with Silicon Valley Clean Energy (SVCE) purchasing 55 percent of the output, and Monterey Bay Community Power (MBCP) getting the remaining […] Read more
NTPC Invites Bids for 1200 MW Grid Connected Solar PV Projects Updated On Mon, Nov 12th, 2018 by Saurenergy The registration and downloading of RfS document will be available from November 13, 2018 to November 28, 2018. India’s largest energy conglomerate NTPC has floated bids for 1200 MW of Grid Connected Solar PV Projects with ISTS Connectivity through NTPC Generating Switchyards in Western Region under OPEN category. The company said in a notification that, […] Read more
Tata Power-DDL Becomes 1st Utility to Get PEER Gold Certificate in Asia Updated On Mon, Nov 12th, 2018 by Saurenergy Tata Power Delhi Distribution Ltd (Tata Power-DDL) has become the first company in the entire Asian continent to receive PEER (Performance Excellence in Electricity Renewal) Gold Certificate from Green Business Certificate Institute (GBCI). GBCI is the premier organization independently recognizing excellence in green business industry performance and practice globally. The award was presented by Milli […] Read more
