New York To Get 100 MW Battery Storage Updated On Thu, Dec 17th, 2020 by Saurenergy Con Edison, a US-based energy company and 174 Power Global, a solar project development company have struck a deal that will place the largest battery storage project in New York on an industrial site in Astoria, Queens, the batteries will be able to discharge 100 megawatts of electricity. This East River Energy Storage System will […] Read more
Uneven Grouping of Renewables Leading to Curtailments in India: TCCL Updated On Thu, Dec 17th, 2020 by Saurenergy Electricity demand in India grew at a CAGR of 5.1% over the last decade from FY 2011 to FY 2019. However, this fell to a mere 1.2% in FY 2020. India was already facing an economic slowdown, with industrial output declining to an 8-year low during the year, but compounded by the impact of the […] Read more
Hartek Solar Secures Order for 1.8 MW Rooftop Solar Project From Bikaji Updated On Thu, Dec 17th, 2020 by Saurenergy Chandigarh-based developer Hartek Solar has announced that it has bagged a 1.8 MW rooftop project from FMCG firm Bikaji. The firm will execute the project right from the installation of solar panels and inverters to supply, design, engineering and commissioning. “Consolidating on its Pan-India presence, Hartek Solar, the rooftop solar division of Hartek Group has bagged a […] Read more
Cubico to Acquire European RE Platform Grupo T-Solar From I Squared Capital Updated On Thu, Dec 17th, 2020 by Saurenergy I Squared Capital has an agreement to sell its European renewables platform Grupo T-Solar to Cubico Sustainable Investments Ltd I Squared Capital, a leading global infrastructure investment manager, has announced that it has entered into an agreement to sell Grupo T-Solar to Cubico Sustainable Investments Ltd, the renewable energy specialist jointly owned by Ontario Teachers’ […] Read more
SECI Disburses Rs 770 Cr in October, Rs 370 Cr for Solar & Wind Power Updated On Wed, Dec 16th, 2020 by Saurenergy SECI has published all the payments (solar/ wind power procured, transmission fees, subsidy, and GST rebates) it has made in October 2020. The Solar Energy Energy Corporation of India (SECI), the nodal agency for implementing renewable energy projects in the country recently published a list of all the payments (solar/ wind power procured, transmission fees, […] Read more
IREDA experienced lowest revenue growth in last 15 years Updated On Tue, Dec 15th, 2020 by Saurenergy Indian Renewable Energy Development Agency (IREDA) has signed a Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE) on 2 November 2020 and set a revenue target of Rs 2,406 crore for 2020-21. The exercise is a standard practice among all government backed PSU’s. With this, it is looking forward to a 1.6 […] Read more
EESL, MSEDCL Commission 8 MW Solar Agro Project at Devdaithan Updated On Tue, Dec 15th, 2020 by Saurenergy EESL and MSEDCL have commissioned an 8 MW solar-agro project at Devdaithan. The work on the project was completed in six months. Energy Efficiency Services Limited (EESL) and Maharashtra State Electricity Distribution Company Limited (MSEDCL) have commissioned a 7987 kWp (8 MW) solar-agro project at Devdaithan. The work on the project was completed in six […] Read more
Tata Power Subsidiary TPMRG Commissions 100th Solar Microgrid in UP Updated On Tue, Dec 15th, 2020 by Saurenergy TPRMG, a 100 percent subsidiary of Tata Power, has commissioned its 100th solar microgrid project in Ratnapur, Uttar Pradesh (UP) While the Government of India has achieved 100 percent electrification under the Saubhagya scheme, communities in Indian states, especially, Bihar and Uttar Pradesh still have unreliable power supply and face unscheduled power cuts. Many of […] Read more
sPower Expands New York Portfolio Through 1-Gigawatt Acquisition Updated On Fri, Dec 11th, 2020 by Saurenergy sPower, a leading renewable energy Independent Power Producer (IPP), announced today the acquisition of nine solar projects in New York from National Grid Renewables, the renewable energy arm of National Grid’s competitive, unregulated division. The portfolio includes projects in Franklin, Jefferson, Chautauqua, Lewis, and other counties across Upstate New York. This portfolio is estimated to […] Read more