Regulatory Challenges a Limiting Factor for RE in India Updated On Tue, Jun 4th, 2019 by Saurenergy The increasing share of renewables in the total energy mix of the country may lead to an increase in regulatory challenges for coal-based projects in the long term, global rating agency Moody’s Investors Service has revealed. The higher share of renewable energy in the total energy mix presents key regulatory challenges in terms of integrating new renewable […] Read more
Canada Launches Climate Action Incentive Fund Updated On Mon, Jun 3rd, 2019 by Saurenergy Businesses that plan to build renewable energy projects are eligible to receive up to 25% of project-related costs, with funding ranging from C$20,000 to C$250,000, under the Climate Action Incentive Fund. The government of Canada has launched a new incentive program, the Climate Action Incentive Fund (CAIF), to help fight climate change, the federal […] Read more
Lendlease and Sacramento County Finalise PPA For 160 MW Solar Facility Updated On Fri, May 31st, 2019 by Saurenergy Rancho Seco Solar II is scheduled to begin construction later in 2019 and is scheduled for completion by the end of 2020. Lendlease, a leading international property and infrastructure group and the Sacramento County Municipal Utility District (SMUD) have jointly announced the execution of a 30-year power purchase agreement (PPA) for Rancho Seco Solar II, their new […] Read more
SECI Receives Bids For 2100 MW Against 1200 MW Solar Tender Updated On Thu, May 30th, 2019 by Saurenergy The Solar Energy Corporation of India (SECI) has received bids for development of solar projects worth 2100 MW for its tranche-IV interstate transmission system (ISTS)-connected solar tender. The SECI solar tender for setting up of 1200 MW ISTS-connected solar projects in the country was oversubscribed by 900 MW after receiving bids from 7 developers worth 2100 […] Read more
SECI Signs PSA with HPPC For 400 MW Solar Power Updated On Wed, May 29th, 2019 by Saurenergy SECI has signed PSA with HPPC for the supply of 400 MW solar power. The Solar Energy Corporation of India (SECI) has announced that it has signed a Power Supply Agreement (PSA) with the Haryana Power Purchase Centre (HPPC) for the supply of 400 MW solar power. In January, HPPC signed another PSA with SECI […] Read more
CERC Drafts Outline For Power System Development Fund Updated On Wed, May 29th, 2019 by Saurenergy The Central Electricity Regulatory Commission (CERC) has issued draft regulations for the Power System Development Fund. The proposed regulations deal with the creation of a power system development fund and its implementation, with the objective of tackling the issue of the country’s power sector grappling with transmission related issues. The fund when implemented will come […] Read more
Enel Begins Construction on 140 MW Wind Farm in South Africa Updated On Wed, May 29th, 2019 by Saurenergy The Oyster Bay wind farm is located in the Eastern Cape province and is expected to generate around 568 GWh annually once fully operational, due in the second quarter of 2021 Enel, through its renewable subsidiary Enel Green Power RSA, has begun construction of its Oyster Bay wind farm in the Kouga Local Municipality, in […] Read more
Wind Majors Come Together For Africa Task Force Updated On Wed, May 29th, 2019 by Saurenergy The Global Wind Industry Council (GWEC) has set up a new Task Force to speed up and facilitate the development of wind energy in Africa. The Task Force brings together leading developers, manufacturers and associations that are active in the African market, including Siemens Gamesa Renewable Energy, Vestas, the South Africa Wind Energy Association, Africa […] Read more
ADB Grants $4Mn Loan For 15.1 MW Solar Plant in Afghanistan Updated On Tue, May 28th, 2019 by Saurenergy The Asian Development Bank (ADB) has signed a $4 million loan with a special purpose vehicle (SPV) to help build a 15.1 megawatt (MW) solar power plant in Afghanistan. The Asian Development Bank (ADB) has signed a $4 million loan with a special purpose vehicle (SPV) and subsidiaries owned by the 77 Construction, Contracting, and Trading […] Read more
