MSEDCL Issues RFS for Procurement of 1000 MW of Solar Power Updated On Fri, Feb 17th, 2023 by Saurenergy Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) has issued an RFS for the procurement of 1000 MW (AC) solar power through competitive bidding process (followed by e-reverse auction) from projects to be connected at distribution network (11/22 KV) in Maharashtra under “Mukhyamantri Saur Krishi Vahini Yojana”. The last date for online submission of bids is […] Read more
India Will Blacklist Renewable Energy Companies for Missing Deadlines Updated On Fri, Feb 17th, 2023 by Saurenergy The Union Ministry of New and Renewable Energy (MNRE) has issued an order which says that renewable energy firms could be blacklisted in case they fail to meet deadlines to complete renewable energy projects. The order states that the blacklisting will be for a period of three to five years. India has introduced blacklisting of […] Read more
India’s Renewable Energy Installation Stands at 168 GW, Coal-Based Power Grows 536 MW in a Year Updated On Thu, Feb 16th, 2023 by Saurenergy Central Electricity Authority has revealed in its installed electricity capacity report that the renewable energy capacity of the country has crossed 168 GW but the speed of the RE expansion doesn’t give out a comfortable picture considering India’s 2030 targets. The RE installed capacity of India as on January 31, 2023 stands at 168,399 MW. […] Read more
Switzerland Seeks To Adapt For Solar Energy With AlpinSolar Plant Updated On Thu, Feb 16th, 2023 by Saurenergy Switzerland, the rich alpine country with what many would consider limited solar potential, has certainly started trying harder. The AlpinSolar power plant on Lake Muttsee Dam in Switzerland has become the first in the country with 5,000 solar panels. The dam is 2,500 meters above sea-level and is surrounded by snow capped peaks. It is […] Read more
Siemens Gamesa Sets Sights on Setting Up Offshore Nacelle Manufacturing Facility in New York Updated On Wed, Feb 15th, 2023 by Saurenergy Siemens Gamesa, which provides offshore and onshore wind turbines and related services worldwide, has announced that it has set sights on establishing a major offshore nacelle manufacturing facility to come up in New York state. If all goes well with New York authorities, this will be the firm’s third offshore wind solicitation. The facility being […] Read more
Antaisolar to Supply 187 MW Solar Trackers to CEMIG Solar Project in Brazil Updated On Tue, Feb 14th, 2023 by Saurenergy China-based solar PV conglomerate Antaisolar has announced the signing of a 187 MW supply agreement to provide its comprehensive solar tracking system for CEMIG Solar Project in Brazil. This project is estimated to be grid in the third quarter of 2023, and will annually deliver 220 million kWh of clean energy for this region after […] Read more
India’s Green Bond Market at Just 3.8 % of Overall Domestic Corporate Bond Market Updated On Mon, Feb 13th, 2023 by Saurenergy The green bond market in the country accounts for only 3.8 % of all outstanding corporate bonds exceeding USD 500 billion, say market reports. As per media reports, Fitch Ratings said that as of January 2023, GSSS (Green, Social, Sustainability and Sustainability-linked Debt) bonds accounted for USD 20 billion or 3.8 % of the country’s […] Read more
Israel’s Enlight Renewable Energy Raises $252 Million from Nasdaq IPO Updated On Mon, Feb 13th, 2023 by Saurenergy Enlight Renewable Energy has now become the first company from Israel that has completed an initial public offering (IPO) on Wall Street in 2023. Enlight is a global renewable energy platform and has raised $252 million from the IPO. Enlight Renewable Energy announced the pricing of its initial public offering of 14,000,000 ordinary shares at […] Read more
Kaleshwaram Project In Telangana Will Not Have Floating Solar Updated On Mon, Feb 13th, 2023 by Saurenergy There will be no floating solar plants coming up in the Kaleshwaram Lift Irrigation Scheme area in Telangana. Telangana Energy Minister G Jagadish Reddy has clarified in the State Assembly that the floating solar idea has been dropped by the state government as it was opposed by the fishermen. The project, the world’s largest lift […] Read more