Sunseap Signs Long-Term Agreement with Amazon for Clean Solar Energy to be Tapped from JTC’s solar farms Updated On Mon, Mar 15th, 2021 by Saurenergy Sunseap Group, Singapore’s leading solar energy provider, has signed a long-term agreement with Amazon to export 62 megawatts (MWp) of clean energy to the national grid, that will help Amazon meet its sustainability goals. Sunseap was awarded one of the two contracts under JTC’s SolarLand Phase 3 tender last year, part of JTC’s efforts to […] Read more
Blockchain Powered LO3 Energy Gets $11 Million For Distributed Energy Marketplace Updated On Mon, Mar 15th, 2021 by Saurenergy Portland, US based LO3 Energy has announced the first close of its $11 million Series B led by existing investor Shell Ventures. The money will go towards further development of Pando, LO3 Energys blockchain based solution that creates a marketplace for renewable energy at a community level. The latest infusion sees LO3’s total fund raising […] Read more
Waaree Supplies 2.47 MW Solar Modules to Vibgyor Energy Updated On Fri, Mar 12th, 2021 by Saurenergy Waaree Energies, India’s largest solar module manufacturer with an installed capacity of 2 GW, has announced supplying 330wp & 335wp Solar modules for a 2.47 MW project Developed by the Sunil Gadhoke led Vibgyor Energy, of Sunbeam Real Ventures Pvt Ltd. The solar project of Vibgyor Energy is located at Hardoi, Uttar Pradesh and Waaree […] Read more
BCD Decision Sparks Predictable Reactions, Costs To Go Up By 50 p/unit Updated On Fri, Mar 12th, 2021 by Saurenergy Three days after the formal confirmation of government plans to impose an enhanced Basic Customs Duty (BCD) of 25 per cent and 40 per cent on imported solar cells and modules, respectively, the reactions have started coming in thick and fast. Dedicated developers, both those on record and off the record, have expressed their views […] Read more
Orange Signs 20-Year Corporate Renewable PPA With Total in France Updated On Thu, Mar 11th, 2021 by Saurenergy Orange signed a Corporate Power Purchase Agreement (CPPA)1 with Total (Paris:FP) (LSE:TTA) (NYSE:TOT), through its subsidiary Total Quadran – one of the leaders in renewable energies in France. Total will supply Orange with 100 GWh a year of renewable electricity over a period of 20 years. This agreement will thus enable the development, by 2024, of […] Read more
Lightsource bp Secures Deal to Power 88 bp Stations in NSW With RE Updated On Thu, Mar 11th, 2021 by Saurenergy Lightsource bp has announced that through a PPA with Snowy Hydro, its West Wyalong solar farm will supply renewable energy to 88 of bp’s service stations across New South Wales (NSW), Australia. This milestone, the firm claims, is the result of a power purchase agreement (PPA) with Snowy Hydro which owns, operates and maintains the Snowy […] Read more
Renewables not Coal & Gas Should be Focus of Vietnam’s Latest PDP: IEEFA Updated On Thu, Mar 11th, 2021 by Saurenergy Vietnam’s draft PDP8 has failed to acknowledge the need of developing a more flexible system that can accommodate a changing technology mix Vietnam’s recently published draft power development plan for 2021-2030 (PDP8) has failed to acknowledge the importance of developing a more flexible system that can accommodate a changing technology mix, according to a new report from […] Read more
40% on Modules & 25% on Cells, MNRE to Impose BCD From April 1, 2022 Updated On Thu, Mar 11th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has finally finalised the new Basic Customs Duty (BCD) on solar PV cells and modules. As per an office memorandum, the Ministry is going to impose a 25 percent BCD on solar PV cells and 40 percent duty on solar modules without grandfathering of bid-out projects. However, […] Read more
Only 18% of Announced Recovery Spending can be Considered ‘Green’: Report Updated On Thu, Mar 11th, 2021 by Saurenergy An analysis of spending by leading economies has found that only 18 percent of announced recovery spending can be considered ‘green.’ One year from the onset of the pandemic, recovery spending has fallen short of nations’ commitments to build back more sustainably. An analysis of spending by leading economies, led by Oxford’s Economic Recovery Project […] Read more
