AEP Completes Acquisition of 227 MW Wind Project in Texas Updated On Fri, Jul 26th, 2019 by Saurenergy AEP has completed the purchase of 75 percent, or 227 MW, of the Santa Rita East wind project from Invenergy Renewables in San Angelo, Texas. American Electric Power (AEP), has announced that it has completed the purchase of 75 percent, or 227 MW, of the Santa Rita East wind project from Invenergy Renewables in San Angelo, Texas. […] Read more
Firms Go to Court Against AP Order to Review PPAs Updated On Thu, Jul 25th, 2019 by Saurenergy Andhra Pradesh government’s decision to review RE contracts has led wind energy firms to file a writ petition against the move. Fearing that the move will set a precedent for other states to follow, wind energy companies led by their associations have filed a writ petition in the Andhra Pradesh High Court challenging the state’s […] Read more
IL&FS Gets Approval for Sale of Wind Assets to Orix Updated On Tue, Jul 23rd, 2019 by Saurenergy IL&FS has said it has received the necessary approval for the sale of its balance 51 percent of stake in seven wind energy subsidiaries to Orix Corporation The Infrastructure Leasing and Financial Services (IL&FS) has said it has received approval from NCLAT appointed Justice (Retd) D K Jain for the proposed sale of its balance 51 […] Read more
SECI Amends 2 GW Tender Under CPSU-II Scheme Updated On Fri, Jul 19th, 2019 by Saurenergy SECI has amended its RfS for setting up of 2 GW solar projects in India under the CPSU scheme phase-II for a second time. The Solar Energy Corporation of India (SECI) has amended its Request for Selection (RfS) for setting up of 2 GW grid-connected solar PV power projects in India (Tranche-I) under the CPSU […] Read more
Energy Startups Graduate from Shell E4’s Second Cohort Updated On Fri, Jul 19th, 2019 by Saurenergy The Shell centre housed the selected startups at a co-working space for 6 months and offered them seed funding of USD 20,000 each. Ten startups from the field of energy and sustainability have successfully graduated from second cohort of the E4 programme of Shell, which is one of the most diversified international energy companies in […] Read more
CAG Calls out West Bengal for Failing to Create Green Energy Fund Updated On Thu, Jul 18th, 2019 by Saurenergy West Bengal failed to create a Green Energy Fund under the renewable energy policy of the government, CAG said in its audit report. West Bengal failed to create a Green Energy Fund (GEF) under the renewable energy policy of the government, the CAG has said in its audit report. The responsibility for creation and management of the energy fund was thrust upon the state’s nodal agency, […] Read more
Naidu Attacks Reddy Govt for Renegotiating RE PPAs Updated On Thu, Jul 18th, 2019 by Saurenergy TDP Chief N Chandrababu Naidu has attacked the Reddy government for its decision to renegotiate the PPAs for renewable projects signed during his tenure TDP Chief N Chandrababu Naidu has attacked the Jaganmohan Reddy government for its decision to renegotiate the power purchase agreements (PPAs) for solar and wind projects signed during the five-year tenure […] Read more
5X Increase in Renewable Jobs in 5 Years- Skills Council Report Updated On Wed, Jul 17th, 2019 by Saurenergy India’s renewable energy workforce has grown five-fold in the past five years. In 2019, nearly 100,000 workers are employed in the solar and wind industry, up from 19,800 workers in 2014. Of these, 12,400 new workers were employed in FY19 and 30,000 new workers were employed in FY18 by utility-scale solar, rooftop solar, and wind […] Read more
Hanergy’s MiaSolé Sets Large Area Flexible PV Efficiency Record at 17.44% Updated On Wed, Jul 17th, 2019 by Saurenergy Hanergy has announced that its US-based subsidiary Miasole’s large area flexible CIGS PV module has been rated with the highest efficiency in its class. One of the world’s largest thin-film power solution company, Hanergy Thin Film Power Group has announced that Fraunhofer Institute for Solar Energy Systems, a German-based solar energy testing laboratory, has rated […] Read more
