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
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
China Plans to Launch a Space-Based Solar Power Station by 2025 Updated On Tue, Feb 19th, 2019 by Saurenergy According to China’s Science and Technology Daily, the country’s researchers are working on a solar power station they will send to outer space. China’s Academy of Space Technology is working on an orbital power plant that would capture solar energy in space and beam it back to Earth. The scientists in Chongqing, China have plans […] Read more
Tender For 6.8 MW Wind Power Plant Issued in Daman & Diu Updated On Mon, Feb 18th, 2019 by Saurenergy The last date of bid submissions is April 22, 2019, the technical bods opening will take place on April 23, 2019, and price bid opening on April 30, 2019. The electricity department of Daman on behalf of the President of India has invited tenders from reputed manufacturers/EPC contractors for setting up of 6.8 MW of […] Read more
RfS For Procuring Power From Hybrid Projects in Andhra Pradesh Updated On Fri, Feb 15th, 2019 by Saurenergy The last date for the submission of bids is March 18, 2019. The Southern Power Distribution Company of Andhra Pradesh Limited (APSPDCL) and Eastern Power Distribution Company of Andhra Pradesh Limited (APEPDCL), jointly referred as APDISCOMs, have issued a Request for Selection (RfS) to procure 600 MW of power from Wind-Solar Hybrid Projects with Energy […] Read more
PPA For 250 MW Wind Farm Signed in Egypt Updated On Thu, Feb 14th, 2019 by Saurenergy The project will produce more than 1000GWh a year, powering the equivalent of over 350,000 homes in Egypt. Lekela, the renewable power company that delivers utility-scale projects across Africa, has signed a power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for its 250MW wind farm project in the Gulf of Suez, near […] Read more
India & Germany To Provide Financial Support to Climate Conservation Projects Updated On Thu, Feb 14th, 2019 by Saurenergy Both India and Germany are in the process of outlining a Comprehensive Climate Change Act, laying down targets of emission reduction for all relevant sectors of the Indian economy. India and Germany have agreed to collaborate on a fund that will provide financial support to climate conservation projects aimed at reducing greenhouse gas emissions, promoting renewable energies and sustainable forest management in […] Read more
Cost of Solar Power to Drop to Rs 1.9 Per Unit by 2030: Report Updated On Wed, Feb 13th, 2019 by Saurenergy By 2030, the report predicts the cost of wind and solar to be between Rs 2.3-2.6/kWh and Rs 1.9-2.3/kWh, while the cost of storage is expected to fall by about 70 percent. The cost of generation of solar power is set to fall to as low as Rs 1.9 per unit over the next decade through 2030 in India with […] Read more
