B.Grimm Power Invests $35.2 Mn to Pick 80% Stake in Vietnam’s 257MW Solar Proj Updated On Tue, Aug 21st, 2018 by Saurenergy The announcement came just weeks after B.Grimm Power had signed an agreement with Vietnam’s Xuan Cau Group to build and operate a solar farm in Tay Ninh Province with total capacity of 420 MW, which will make it the largest solar power plant in Southeast Asia when it starts operating in mid-2019. Thailand-based B.Grimm Power, the largest unit of […] Read more
CEA Marks Peak Power Deficit for April-July at 0.9% Updated On Mon, Aug 20th, 2018 by Saurenergy The report for peak power deficit has been projecting against the CEA’s forecast that said India would be a power surplus country by 2018-19 with energy and peak power surplus at 4.6 and 2.5 percent respectively. Central Electricity Authority (CEA) has asserted country’s peak power deficit at 0.9 percent and overall electricity deficit at 0.6 […] Read more
China’s Goldwind, UNSW Ally for Australia’s 1st Wind Technology Test Lab Updated On Sat, Aug 18th, 2018 by Saurenergy AUD 2 million Memorandum of Understanding (MoU) had been signed between the parties at the UNSW China Center inaugurated in Shanghai earlier. China’s largest wind turbine technology and energy solutions provider, Goldwind has partnered with Australia’s University of New South Wales (UNSW) to establish the country’s first ever laboratory to test renewable wind technology. As […] Read more
SECI seeks Bids for Tender of 160 MW Solar-Wind Hybrid Power Plant in Andhra Pradesh Updated On Thu, Aug 16th, 2018 by Saurenergy The tender includes design, engineering, supply, construction, erection, testing & commissioning including 10 years plant O&M under International competitive bidding. Under the ‘Innovation in Solar Power and Hybrid Technologies Project’, Solar Energy Corporation of India (SECI) has floated tender for 160 MW of solar-wind hybrid power plant with Battery Energy Storage System (BESS) in Anantapur […] Read more
MNRE Discusses India’s First Offshore Wind Power Project with Developers Updated On Wed, Aug 8th, 2018 by Saurenergy The ministry has uploaded the documents regarding the wind data collected from the Gujarat region with the help of Light Detection and Ranging (LiDAR) for the developers to refer for their detailed project reports. In a boost to the Greenfield energy projects in the country, MNRE has discussed with the wind power developers of India […] Read more
CLP India Fends off Aggressive Solar Power Bidding Updated On Wed, Aug 8th, 2018 by Saurenergy India’s largest wind power player, CLP India is instead going to zero in on acquisitions of upcoming new energy projects. A wholly-owned subsidiary of Hong Kong based CLP Holdings, CLP India has claimed to stay away from the ongoing aggressive solar bidding. India’s largest wind power player, CLP India is instead going to zero in […] Read more
SECI Quashes 2000 MW Wind Power Tender as Infra Blues Repel Bidders Updated On Mon, Aug 6th, 2018 by Saurenergy SECI’s decision axed bids submitted by Renew Power, Adani Green Energy, Sprng Energy and Alfanar Energy. Solar Energy Corporation of India (SECI) has cancelled a 2000 MW wind power tender owing to the under subscription for 800 MW of power auction. A senior government official told ET, “We have decided to cancel the tender since […] Read more
Solar Industry Seeks Clear GST Rates on Solar Projects Updated On Mon, Jul 30th, 2018 by Saurenergy The solar industry association has written to the authorities after the Authority for Advance Rulings (AAR) upheld the rate to be at 18 percent and not 5 percent GST rates on Solar Projects. Solar Power Developers Association (SPDA) has sought clarity on the GST rates on solar projects from the solar policy makers, including important […] Read more
SEBI Permits ‘ReNew Power’ to Float IPO Updated On Tue, Jul 24th, 2018 by Saurenergy The ReNew Power IPO comprises of new shares worth Rs 2,600 crore. The move also comes with an additional offer for sale of over 94 million equity shares by existing shareholders. In a substantial addition to solar industry, market watchdog SEBI sanctions Goldman Sachs’ ReNew Power to float its Initial Public Offering (IPO). The ReNew […] Read more
