MNRE Seeks Suggestions on Draft Guidelines For Installation of Solar Pumps/Plants By Farmers Updated On Wed, Mar 13th, 2019 by Saurenergy Stakeholders have until March 22, 2019, to send their comments/ suggestions/ views on the draft guidelines. The Ministry of New and Renewable Energy (MNRE) has issued a notice inviting suggestions and comments from stakeholders on the draft guidelines for implementation of the scheme for farmers for installation of solar pumps and grid-connected solar power plants. […] Read more
ReNew Power Concludes $375 Mn Green Bond Issue Updated On Wed, Mar 13th, 2019 by Saurenergy The capital raised through the green bond issue will be utilised for refinancing of outstanding external commercial borrowings and as Capex in eligible green projects. ReNew Power Limited, one of India’s largest renewable energy Independent Power Producer (IPP) has successfully concluded a green bond issue of US$ 375 million. The five-year non-call two notes were […] Read more
MNRE Introduces New Mode-7 For Development of RE Parks Updated On Wed, Mar 13th, 2019 by Saurenergy A Payment Security Mechanism will be set up by SECI to ensure continuous payment to the power developers and mitigate any payment risk due to default in payment by Discoms. The Ministry of New and Renewable Energy (MNRE) in order to address the two most critical elements when developing a renewable energy project/park has issued […] Read more
ITI Floats Tender For 270 AC and DC Electric Vehicle Chargers Updated On Wed, Mar 13th, 2019 by Saurenergy The last date of bid submission is March 15, 2019. The Indian Telephone Industries Limited (ITI) has invited Expression of Interest (EOI) for selection of “Business Associates” for the supply, erection and commissioning of 70 AC (Smart) Charging Equipment (Bharat AC 001), 170 DC (Fast) Charging Equipment (Bharat DC 001) and 30 DC Fast Charger […] Read more
Coming up. A 100 MW Solar Park in Bangladesh with Saudi backing Updated On Tue, Mar 12th, 2019 by Saurenergy The AlFanar Group, a leading Saudi construction and manufacturing conglomerate, has agreed to provide a $100 million worth of financing for an upcoming solar project in Bangladesh. Financing has been a challenge for developers in Bangladesh, with projects struggling due to inability of the developers to raise funding.The Riyadh-based Alfanar signed a Memorandum of Understanding […] Read more
L&T Construction Bags Contracts for PT&D Biz worth Rs 1,000 Cr – Rs 2,500 Cr Updated On Tue, Mar 12th, 2019 by Saurenergy Additionally, it has bagged another order for the design and construction of a 15MW grid-connected floating solar farm under Visakhapatnam Smart City project. It is among the biggest floating solar projects in India. The construction arm of Larsen & Toubro, L&T Construction, has secured a number of Engineering, Procurement and Construction (EPC) orders worth Rs 1,000 […] Read more
Ingeteam Supplies Storage Power Station for Dubai’s Largest Solar Park Updated On Tue, Mar 12th, 2019 by Saurenergy Moreover, Japanese firm NGK Insulators Ltd has supplied its NAS batteries for the project. Ingeteam, a leading company specialising in the design of power and control electronics, has supplied its storage power station for a pilot battery energy storage system (BESS) project in Dubai’s largest solar park. The company said in a statement that, “Ingeteam […] Read more
5 Big Hurdles that have Emerged for India’s Solar Power Producers Updated On Mon, Mar 11th, 2019 by Saurenergy After installations of almost 10 GW and above in 2017 and close to 8 GW in 2018, the solar sector is facing its biggest challenge yet, as hurdles have emerged for the continued growth of the sector. Some of these challenges were always there, they are only bigger now, while others have emerged with time. […] Read more
Will 2 Paise per Unit toll Smoothen the Renewables Road? Speedbreakers remain Updated On Mon, Mar 11th, 2019 by Saurenergy News Reports confirm that the Centre has floated a fresh incentive of 2 paise per unit produced for new projects in states. The latest news of the central government introducing a financial incentive for states when it comes to renewable energy production hopes to tackle two key issues facing developers. land and distribution access for […] Read more
