ACWA Power Seals 900 MW Vth Phase of MbRAM Solar Park at $1.6953/kWh Updated On Fri, May 1st, 2020 by Saurenergy ACWA Power has formally won the Vth Phase of the MbRAM Solar Park from DEWA, after submitting a winning bid tariff of USD 1.6953/kWh Following its successful Bid Submission on the 9th of October 2019, Dubai Electricity and Water Authority (DEWA) awarded the 900 MW photovoltaic fifth phase of the Mohammed bin Rashid Al Maktoum […] Read more
58.1 GW of Renewables Added Since 2014, FDI Reaches $6.1 Bn Updated On Fri, Apr 24th, 2020 by Saurenergy During the last 6 years, the cumulative renewables installed capacity has grown by about 72 percent to 138.9 GW, receiving USD 6.1 billion in FDI The Union Minister of Power and New and Renewable Energy RK Singh has said that during the last 6 years, the cumulative renewables installed capacity in the country has grown […] Read more
India’s RE Generation Capacity Sees 72% Growth in 6 Years: RK Singh Updated On Wed, Mar 25th, 2020 by Saurenergy The installed capacity of renewable energy generation in the country has grown 72% from 80 GW to 138.9 GW during the past six years, according to RK Singh. The installed capacity of renewable energy generation in the country has grown 72 percent from 80 gigawatts (GW) to 138.9 GW during the past six years, according […] Read more
‘Letter of Comfort’ From PFC/ REC/ IREDA now at Par With Bank Guarantees Updated On Mon, Mar 16th, 2020 by Saurenergy The government has decided to treat a letter of comfort issued by state-run shadow banking firms like PFC, REC, and IREDA at par with bank guarantees. To improve the business environment for clean energy projects and attract investments, the government has decided to treat a letter of comfort (undertaking) issued by state-run shadow banking firms […] Read more
India Needs to Prioritise Rooftop Solar for Achieving 100 GW Target Updated On Thu, Jan 30th, 2020 by Saurenergy India needs to prioritise rooftop solar among residential and industrial users for achieving its 100 GW solar target by 2022, a new report has revealed. India needs to prioritise rooftop solar among residential and industrial users for achieving its 100 GW solar energy target by 2022, a new report has revealed. Demand aggregation mechanism’ could help accelerate energy efficiency and […] Read more
Masdar Signs Partnership for 145 MW Floating Solar Plant in Indonesia Updated On Thu, Jan 23rd, 2020 by Saurenergy Masdar has signed a PPA with PLN, the state electricity company in Indonesia, for the first floating solar photovoltaic (PV) plant in the country. Masdar, one of the world’s leading renewable energy companies, has signed a power purchase agreement (PPA) with Perusahaan Listrik Negara (PLN), the state electricity company in Indonesia, for the first floating […] Read more
Capital Dynamics and 8minute to Collaborate on 387 MW Solar Project Updated On Fri, Jan 10th, 2020 by Saurenergy Capital Dynamics and 8minute Solar Energy have announced the acquisition of the Eagle Shadow Mountain Solar Project, a 387 MWdc solar project in Nevada. Capital Dynamics, an independent global private asset management firm, and 8minute Solar Energy, the largest independent solar and storage developer in the US, have announced the acquisition of the Eagle Shadow […] Read more
NTPC Planning to add 10 GW Solar Capacity by 2022 Updated On Thu, Dec 26th, 2019 by Saurenergy NTPC is planning to add 10 GW of solar energy capacity by 2022, which entails an investment of around Rs 50,000 crore, to be funded mainly by green bonds. State-owned power giant NTPC has revealed that it is planning to add 10 GW of solar energy generation capacity by 2022, which entails an investment of around Rs 50,000 crore, to […] Read more
Google, AES Strategic Alliance to Bolster RE Adoption Updated On Fri, Nov 8th, 2019 by Saurenergy AES and Google to accelerate the growth and adoption of renewable energy by leveraging Google Cloud technology to pioneer innovation in the sector. The AES Corporation has announced that it is entering into a 10-year strategic alliance with Google to accelerate the growth and adoption of clean energy by leveraging Google Cloud technology to pioneer […] Read more