Corporate Renewable PPAs in India to Drop by a Third in 2019: Report Updated On Mon, Dec 23rd, 2019 by Saurenergy A new report has predicted that in India the annual corporate PPA renewable additions in 2019 will be about 30-35 percent lower than installations in 2018 A new report has revealed that India was the second-largest growth market for corporate renewable Power Purchase Agreements (PPAs) after the US in 2018, with an addition of 1.6 […] Read more
Tender for 1.6 MW Rooftop Solar Plants at Govt Buildings in Tamil Nadu Updated On Mon, Dec 23rd, 2019 by Saurenergy CEL has issued a tender for the deployment of 1.6 MW in the cumulate capacity of rooftop solar plants at various government buildings in Tamil Nadu. The Central Electronics Limited (CEL) has issued a tender, inviting bids from eligible firms for the deployment of 1.6 MW in the cumulate capacity of rooftop solar plants at […] Read more
Tata Power to Acquire 51% Stake in Odisha’s Discom; Doubles Consumer Base Updated On Mon, Dec 23rd, 2019 by Saurenergy Marking its successful entry into the state of Odisha, utility giant Tata Power Company Ltd has won the bid to acquire a major shareholding of 51 percent in the Central Electricity Supply Utility (CESU) of Odisha. Mumbai-headquartered Tata Power said in a statement that “the Odisha Electricity Regulatory Commission (OERC) has awarded the Letter of […] Read more
AfDB and EU to Provide €12 mn for Electrification of Rural Areas in Togo Updated On Mon, Dec 23rd, 2019 by Saurenergy AfDB, EU and the Togolese government have signed an agreement for 12 million euros to support the CIZO rural electrification program from Togo (PRAVOST). The African Development Bank (AfDB), the European Union (EU) and the Togolese government have signed an agreement of some 12 million euros as part of the project to support the […] Read more
ADB to Invest $1 bn for Renewable Transition in the Pacific Updated On Mon, Dec 23rd, 2019 by Saurenergy ADB will invest over USD 1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation The Asian Development Bank (ADB) will invest over USD 1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation and improve access to affordable […] Read more
Solar Projects, City gas and Infrastructure Bright Funding Spots: SBI Updated On Mon, Dec 23rd, 2019 by Saurenergy SBI Chairman has said that there is adequate availability of funds and opportunities are mainly in solar power, city gas, and infrastructure projects. State Bank of India (SBI) Chairman Rajnish Kumar has stressed that there is adequate availability of funds with the banking system but he does not find enough projects where investment is being sought. He said […] Read more
Fortum Increases Shareholder Base for Wind Portfolio in Nordic Updated On Sat, Dec 21st, 2019 by Saurenergy Nasdaq-listed Fortum and Investment funds adviser Credit Suisse Energy Infrastructure Partners (CSEIP) entered into an agreement whereby funds advised by the latter will acquire 80 percent ownership in Fortum’s wind energy portfolio in Nordic. Although, the Finnish state-owned energy company will retain a 20 percent minority stake in this wind energy portfolio. Also, it will […] Read more
EDF Renewables Signs 20-Year PPA for 100 MW Solar Power Updated On Sat, Dec 21st, 2019 by Saurenergy EDF Renewables North America has announced the signing of a 20-year PPA with CleanPowerSF for a 100 megawatts (MW) tranche of the Palen Solar site EDF Renewables North America has announced the signing of a 20-year Power Purchase Agreement (PPA) with CleanPowerSF for a 100 megawatts (MW) tranche of the Palen Solar site known as […] Read more
Statkraft and Solaria Sign 10-Year 252 MW Solar PPA Updated On Sat, Dec 21st, 2019 by Saurenergy Statkraft and Solaria have signed a long-term physical power purchase agreement (PPA) for five solar parks. Statkraft, one of Europe’s leading provider of market access services and Solaria, leading solar power generator in Spain, have signed a long-term physical power purchase agreement (PPA) for five solar parks. The initial duration of the agreement is ten […] Read more
