Lightsource BP Acquires 300 MW Solar Projects Pipeline in Spain Updated On Thu, Oct 17th, 2019 by Saurenergy Lightsource BP has acquired a 300-MW solar PV project pipeline in Spain from renewable energy firm Forestalia. Lightsource BP, a global leader in the funding, development and long-term operation of solar projects backed by BP, has announced that it has acquired a 300-MW solar PV project pipeline in Spain from renewable energy firm Forestalia. The company in […] Read more
Punjab Tenders for Empanelment and Installation of Rooftop Solar Projects Updated On Thu, Oct 17th, 2019 by Saurenergy PSPCL has issued a tender for the empanelment of EPC contractors for setting up of a cumulative 30 MW grid-connected rooftop solar projects in Punjab The Punjab State Power Corporation (PSPCL) has issued a tender for the empanelment of EPC contractors for setting up of a cumulative 30 MW grid-connected rooftop solar projects in the […] Read more
MNRE Issues Guidelines for Bidding Process for Wind-Solar Hybrid Projects Updated On Wed, Oct 16th, 2019 by Saurenergy MNRE has issued draft guidelines for the tariff-based competitive bidding process for the procurement of power from wind-solar hybrid projects. The Ministry of New and Renewable Energy (MNRE) has issued a draft of the guidelines for the tariff-based competitive bidding process for the procurement of power from grid-connected wind-solar hybrid projects. The Ministry had in […] Read more
Ayala’s AC Energy Forms JV to Undertake Solar Projects in India and Asia Pacific Updated On Wed, Oct 16th, 2019 by Saurenergy UPC-AC Energy Solar, a new JV between AC Energy and UPC Solar Asia Pacific has been formed for undertaking solar power projects in the Asia- Pacific region. UPC-AC Energy Solar, a new joint venture company between AC Energy (Ayala’s energy platform) and UPC Solar Asia Pacific (UPC Renewables’ solar energy platform) has been formed for […] Read more
Fortum, Rusnano to Build Wind Projects Worth 200 MW in Orenburg Updated On Tue, Oct 15th, 2019 by Saurenergy The Fortum-Rusnano wind investment fund has signed a non-binding cooperation agreement for the construction of wind farms worth 200 MW in Orenburg. The Fortum-Rusnano wind investment fund, a joint venture established by Fortum and Rusnano on a parity basis, and the Government of Orenburg Region in Russia have signed a non-binding cooperation agreement that envisages […] Read more
Adani Acquires Transmission Projects Subsidiary From REC Updated On Tue, Oct 15th, 2019 by Saurenergy Adani Transmission has signed a share purchase agreement and completed the acquisition of WRSS XXI (A) Transco Ltd from REC Transmission Projects Company. Adani Transmission (ATL), India’s largest private sector power transmission company, has announced that it has signed a share purchase agreement and completed the acquisition of WRSS XXI (A) Transco Ltd, an SPV […] Read more
India to Honour Commitments Under Various Energy Agreements: Nirmala Sitharaman Updated On Mon, Oct 14th, 2019 by Saurenergy Nirmala Sitharaman has assured investors that India will honour all its contractual agreements under various energy agreements. Finance Minister Nirmala Sitharaman while speaking at an event has assured investors that India will honour all its contractual agreements under various energy agreements. “Commitments shall be honoured and investors should not have any concern,” the minister said […] Read more
Hydrogen Could Play a Central Role in Global Energy Transition: IRENA Updated On Fri, Oct 11th, 2019 by Saurenergy Hydrogen from renewable energy could play a central role in the global energy transition, the latest report by IRENA finds. Hydrogen from renewable energy could play a central role in the global energy transition, the latest report by the International Renewable Energy Agency (IRENA) finds. ‘Hydrogen: a renewable energy perspective’ estimates that hydrogen from renewable […] Read more
CEEW and IEA Report on Clean Energy Investment Trends 2019 Updated On Thu, Oct 10th, 2019 by Saurenergy The reduced risk perception of financiers funding renewable energy projects in India resulted in investments in the sector doubling over the last five years, according to a joint study released by the Council on Energy, Environment and Water (CEEW) and the International Energy Agency (IEA). The report – the 2019 ‘Clean Energy Investment Trends’ – was released […] Read more