ADB $500 million funding soon for private sector infrastructure in Asia and Pacific Updated On Wed, Oct 4th, 2017 by Saurenergy ADB expects these initial projects will generate about USD 1.4 billion in total financing, including USD 264.5 million from ADB’s own capital and an additional USD 890 million from co-financing partners. Asian Development Bank (ADB) said it is actively processing USD 500 million (about Rs 3,275 crore) as debt and equity funding for private infrastructure […] Read more
Saudi Arabia opens bid for ‘utility scale’ 300 MW solar project Updated On Wed, Oct 4th, 2017 by Saurenergy “Today’s bid opening represents a significant milestone for the National Renewable Energy Programme, and an important step on the way to diversifying Saudi Arabia’s domestic energy mix and building a cutting edge domestic renewable energy sector” Saudi Arabia invited bids today for a “utility-scale” 300-megawatt solar project, a first for the world’s top oil exporter. […] Read more
Two 10 MW floating solar projects are coming up in Andhra Pradesh and Kerala soon Updated On Tue, Oct 3rd, 2017 by Saurenergy “Two 10 MW floating solar projects, which will be the largest so far in the country, will come up in Andra Pradesh and Kerala. We are carrying out the design,” Two floating solar projects with the capacity of 10 MW each are coming up in Andhra Pradesh and Kerala to harness unutilised water bodies. “Two […] Read more
Viz-A-Viz with Ashish Khanna, ED & CEO | Tata Power Solar Updated On Fri, Sep 29th, 2017 by Saurenergy “GST is consistent with Government’s push to the renewable sector and isn’t likely to negatively impact the sector if we look at it from long term perspective” Q. Share your views on GST, how the new Goods and Services Tax rates impact clean energy drive in India? GST is definitely one of the most awaited […] Read more
ADB to Help Develop Rooftop Solar Power Systems in Sri Lanka Updated On Thu, Sep 28th, 2017 by Saurenergy Apart from extending $50 million loan, ADB will also administer a $1 million technical assistance from the Asian Clean Energy Fund under the Clean Energy Financing Partnership Facility to help build capacity, increase awareness of stakeholders, and support the project’s implementation in Sri Lanka. The Asian Development Bank’s (ADB) Board of Directors has approved a […] Read more
NTPC Invites Bid for 225MW of Solar Under DCR in Uttar Pradesh Updated On Thu, Sep 28th, 2017 by Saurenergy The 225MW solar power project tender comes under the Domestic Content Requirement (DCR) category, which mandates equipment to be sourced locally. India’s largest utility NTPC has invited bids from eligible bidders on Single Stage Two Envelope Basis (i.e. Envelope-I: Techno-Commercial Bid and Envelope-II: Price Bid) with Reverse Auction for development of aforesaid 225 MW Solar […] Read more
Azure Power Bags 260 MW Solar Power Project in Gujarat Updated On Wed, Sep 27th, 2017 by Saurenergy The 260 MW allocation is the largest allocation by GUVNL to a solar power developer, 52% of the total allocated capacity of 500 MW announced. Azure Power will provide power for 25 years to GUVNL which has been rated AA- by ICRA, a Moody’s company, at a tariff of INR 2.67 (~US$ 0.04) per kWh. […] Read more
Siemens Gamesa Wins First Order For a Hybrid Wind-Solar Project in Karnataka Updated On Wed, Sep 27th, 2017 by Saurenergy The Wind Solar Hybrid (WiSH) project constitutes the hybridization of an existing 50 MW wind farm with a 28.8 MW solar power plant to be executed in the state of Karnataka, the company said in a statement. Siemens Gamesa has been mandated to develop India’s first large commercial hybrid wind-solar project, where a 28.8-MW solar […] Read more
Enel Commissions Largest Solar Project in South America Updated On Tue, Sep 26th, 2017 by Saurenergy Enel has commissioned two solar plants that include the 254 MW and the 292 MW located respectively at Ituverava and Nova Olinda solar parks. Italian developer Enel’s subsidiary Enel Green Power Brasil Participações (EGPB) announced the operation of two solar power plants located in Brazil with an aggregate capacity of 546 megawatts. The two solar […] Read more
