ReNew Power Secures Additional Debt Funding of $350 Mn From OPIC Updated On Thu, Feb 21st, 2019 by Saurenergy The IPP has secured a fresh debt financing of up to USD 350 million from the US Government’s development finance institution. ReNew Power, one of India’s largest renewable energy Independent Power Producer (IPP) in terms of total energy generation capacity, has secured a fresh debt financing of up to USD 350 million from the Overseas […] Read more
PRE-BID MEETING NOTIFICATION: TENDER FOR 20 MW (AC) FLOATING SOLAR PV POWER PLANT WITH 60 MWH BESS AT UNION TERRITORY, LAKSHADWEEP, INDIA Updated On Wed, Feb 20th, 2019 by Saurenergy Pre-Bid Meeting Notification: Tender for Design, Engineering, Supply, Construction, Erection, Testing & Commissioning of 20 MW (AC) Floating Solar PV Power Plant with 60 MWh BESS including 10 years Plant O&M at Union Territory, Lakshadweep, India This has reference to the NIT documents (NIT No. SECI/C&P/NIT/2019/LKRE dated 18.02.2019) regarding the Tender for Design, Engineering, Supply, Construction, […] Read more
Dispelling the Myths About Rural Electricity in India Updated On Thu, Feb 14th, 2019 by Saurenergy Rural Electricity got everyone’s attention at the WSDS 2019, with a session on availability to customer service, backed by ground research from rural India. The session titled ‘Rural Electricity access in India: Taking a leap from grid availability to customer service’ was moderated by journalist Sreenivasan Jain of NDTV, although the real anchor seemed to […] Read more
SECI Awards 840 MW of its 1200 MW Hybrid Tender Updated On Thu, Feb 14th, 2019 by Saurenergy SECI will now enter into a PPA with the two selected project developers for a period of 25 years. The Solar Energy Corporation of India (SECI) has issued the results of its 1200 MW ISTS-connected wind-solar hybrid power projects (Tranche-I) tender. Two bidders, SBE Renewable Ten Private Limited and Mahoba Solar Private Limited were awarded a […] Read more
Tender For 12 MW Solar Power Plants Issued in Kerala Updated On Tue, Feb 12th, 2019 by Saurenergy The last date of bid submissions is February 18, 2019, and the bid opening date has been scheduled for February 20, 2018. The Steel Industries Kerala Limited, a Government of Kerala undertaking, has issued a tender inviting bids for setting up of two on-grid solar PV power plants in Kidangoor Gram Panchayat in Kottayam, Kerala. […] Read more
Suzlon Energy Losses Grow to Rs 40 Cr in 3rd Quarter Updated On Fri, Feb 8th, 2019 by Saurenergy The company’s total income in the quarter came down to Rs 1,112.34 crore from Rs 2,220.25 crore a year ago. Suzlon Energy, a premier wind energy solutions provider, has reported that its consolidated net loss has widened to Rs 40.07 crore in the December 2018 quarter year-on-year, mainly due to lower revenues, higher forex loss, […] Read more
Aurora Solar Raises $20 Mn to Scale Solar Software Updated On Tue, Feb 5th, 2019 by Saurenergy This financing signals a high-growth phase for Aurora, as the company expands its product functionality to further streamline solar installers’ processes. San Fransisco startup, Aurora Solar, one of the leading software platforms for distributed solar, has raised $20 million in a Series A round, led by Energize Ventures. S28 Capital also joins existing investor, Pear, in the round. “We see a […] Read more
Ignored in the Budget, The Renewables Sector Needs Marketing Lessons Updated On Mon, Feb 4th, 2019 by Saurenergy With the ‘Interim’ Budget finally, behind us, it’s a good time for the renewables sector to take a look at just why the sector was ignored, more or less, when it comes to any major policy announcements in the budget. Of course, blaming ‘interim’ would be an easy way out. It’s clearly not a case […] Read more
Piyush Goyal Conferred the Carnot Prize, Will Donate Prize Money to ISA Updated On Thu, Jan 31st, 2019 by Saurenergy The minister in his acceptance revealed that India is targeting complete electrification of its railway network over the next four-five years, which will make it the largest electrified rail network in the world. The Kleinman Center for Energy Policy at the University of Pennsylvania has presented its fourth annual Carnot Prize for achievements in energy policy […] Read more
