IREDA IPO Expected By September Updated On Fri, Feb 8th, 2019 by Saurenergy IREDA will issue fresh 13.90 crore shares, increasing the paid-up share capital of the company from Rs 784 crore to Rs 923 crore. The initial public offer (IPO) of state-owned Indian Renewable Energy Development Agency (IREDA) will be launched before September 2019, a top official has confirmed. “We can raise up to 15 percent of our equity. […] Read more
Kochi Metro Looking For Land to Set Up Solar Plant to Power Water Metro Updated On Fri, Feb 8th, 2019 by Saurenergy The tender for the first batch of 23 air-conditioned ferries that can carry up to 100 passengers will be awarded by March. The Kochi Metro Rail Limited (KMRL) is on the lookout for land to develop a solar power plant to generate electricity to power and operate its forthcoming fleet of Water Metro Ferries from […] Read more
2 Days After 12 GW Manufacturing ‘Stimulus’ Time For Reality Check Updated On Fri, Feb 8th, 2019 by Saurenergy On Feb 6, the government announced a move to push central public sector undertakings towards a 12 GW solar plan, powered completely by domestic manufacturing. Will this finally kick start domestic manufacturing? 2 days after the announcement, we spoke to industry insiders, as well as considered the factors that could make or break this latest […] Read more
Nine Developers Pitch In For SECI’s 1.2 GW ISTS Wind Tender Updated On Fri, Feb 8th, 2019 by Saurenergy SECI’s Tranche 6 Wind Energy Tender, for 1.2 GW, saw a return to happy days again, as a total of nine developers made bids totaling 2325 MW for the 1200 MW tender. Softbank promoted SB Energy made the biggest bid for 600 MW, followed by ReNew Power, EDF, and ENEL who bid for 300 MW […] Read more
SECI and Govt of Puducherry Sign PSA For 100 MW Wind Power Updated On Thu, Feb 7th, 2019 by Saurenergy SECI announce an agreement with the Electricity Department of Puducherry for sourcing 100 MW of wind power. The Electricity Department of the Government of Puducherry has signed an agreement with the Solar Energy Corporation of India (SECI) to source 100 MW of Wind Power. The new agreement will be slotted under the Union Territory’s Renewable […] Read more
Greener Buildings in Orissa. Govt to consider Solar Power in Building Laws Updated On Thu, Feb 7th, 2019 by Saurenergy The Department also seeks to make adherence to energy efficient building code mandatory for obtaining the building plan approval in Urban Local Bodies. The state government of Odisha may soon make it mandatory for buildings to install solar panels on rooftops by making a provision in the building plan approval. In support of the new […] Read more
Haryana Issues Tender For 10 MW Floating Solar PV Plant Updated On Thu, Feb 7th, 2019 by Saurenergy The floating plant will be set up at a raw water reservoir at the Rajiv Gandhi Thermal Power Plant in Khedar, Hisar. The Haryana Power Generation Corporation Limited (HPGCL) has floated a tender for developing a 10 MW floating solar PV power plant in the state. The HPGCL will provide the site for free and […] Read more
Nike Signs First Wind Power PPA in Europe Updated On Thu, Feb 7th, 2019 by Saurenergy The global sporting brand now benefits from the supply of over 200 megawatts (MW) of renewable wind power. Nike, the global sporting brand, has signed a Power Purchase Agreement (PPA) with Spain’s Iberdrola to source 40 MW of wind power from the Cavar wind complex in Navarra, northern Spain to power its facilities in Europe. […] Read more
Bangalore International Airport Inaugurates Rooftop Solar Plant Updated On Thu, Feb 7th, 2019 by Saurenergy The solar system is expected to generate around 4.7 million units of power per annum. The Kempegowda International Airport (Bangalore) inaugurated its 3.35 MW rooftop solar power plant. The power generated from the rooftop systems will be used to meet the electricity demands of the airport. The solar system is expected to generate around 4.7 […] Read more