MSEDCL Issues Tender for 500 MW Solar-Wind Hybrid Project Updated On Wed, May 12th, 2021 by Saurenergy Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) has issued a tender inviting bids for procuring 500 MW wind-solar hybrid power on a long-term basis from grid-connected interstate and intrastate projects. The projects shall be awarded through competitive bidding followed by reverse auction. MSEDCL will enter into a 25 years long power purchase agreement (PPA) with the […] Read more
Swedish Company Exeger Raises USD 38 Million in Debt Financing Updated On Wed, May 12th, 2021 by Saurenergy Sweden’s Exeger announced today that it has secured USD 20 million in debt financing from Swedbank and Swedish Export Credit Corporation (SEK). The company, which produces Powerfoyle, a unique solar cell technology that transforms all forms of light into clean, endless energy, has also secured USD 18 million through a directed share issue to Ilija Batljan […] Read more
Suncor and ATCO Partner to Produce Clean Hydrogen in Alberta Updated On Wed, May 12th, 2021 by Saurenergy Two Canadian energy companies, Suncor and ATCO have announced that they will be working together to build a clean hydrogen project near Fort Saskatchewan, Alberta with an estimate to produce 300,000 tonnes of clean hydrogen per year. The clean hydrogen project is in the early stages of developments including design and engineering. This project would […] Read more
Is India on a delusional path to progress? Updated On Wed, May 12th, 2021 by Saurenergy By Dr. Hitesh Doshi, Chairman and Managing Director, Waaree Group With the advent of the novel Coronavirus, the Indian economy is witnessing a major slowdown. While the nation is fighting the virus with all its might, businesses across sectors are reeling under the tremendous pressure of sustaining themselves. The ground reality of the Indian solar […] Read more
Azure Power’s Petition for GST Compensation Dismissed by MERC Updated On Wed, May 12th, 2021 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) recently heard a petition filed by Azure Power Thirty Four Private Limited (APTFPL), which sought INR 22,52,61,708 in compensation for “increase in costs” due to a change in the rate of Goods & Services Tax (GST) following a notification issued by the Ministry of Finance in December 2018. APTFPL tried […] Read more
Vikram Solar Completes 85 MW Solar Plant for NTPC in Uttar Pradesh Updated On Wed, May 12th, 2021 by Saurenergy Haryana-headquartered solar energy solutions provider Vikram Solar announced today the completion of an 85 MW solar plant project commissioned for National Thermal Power Corporation Limited (NTPC) at Bilhaur, Kanpur, Uttar Pradesh. It forms part of the largest solar project in a single location in the state of Uttar Pradesh- with 225 MW capacity- of which […] Read more
Pivot Energy and Standard Solar Develop Three New Community Solar Projects in Colorado Updated On Wed, May 12th, 2021 by Saurenergy National solar providers continue partnership to advance Colorado’s clean energy transition, provide equitable access to affordable renewable energy Pivot Energy, Colorado’s largest community solar developer, and Standard Solar, Inc., a nationally recognized leader in the development, funding, ownership, and operation of commercial and community solar assets, have announced the development of three new community solar projects in Colorado. Two projects […] Read more
MoP Ensuring 24×7 Power Supply to Oxygen Plants in Country Updated On Wed, May 12th, 2021 by Saurenergy The second wave of the Covid-19 pandemic has entered a critical phase , with 37,04,099 active cases, but hopes of the graph moving down finally. There has been a surge in oxygen demand as cases have piled up. Now to ensure the 24×7 continuous power supply to the oxygen plants by the state utilities in […] Read more
EIB Provides €100 million to Dolomiti Energia for Energy Efficiency and Combating Climate Change Updated On Wed, May 12th, 2021 by Saurenergy The European Investment Bank (EIB) and Dolomiti Energia Group have signed a €100 million finance contract to support the company’s 2021-2024 development plan. The investment is in line with Italian and European energy and environment policies for achieving the objectives of the energy transition, decarbonisation and sustainable networks. In particular, the resources will support Dolomiti Energia in projects […] Read more
