SunCable Gets $152 Million New Investment for Australia-Singapore Power Project Updated On Wed, Mar 16th, 2022 by Saurenergy The SunCable led ‘Australia-Asia PowerLink’ project has received a major boost as Australian billionaires Mike Cannon-Brookes and Andrew Forrest have invested a further $152 million into the undersea cable link construction meant to deliver solar generated power from Australia to Singapore. The fresh investment has been directed through Grok Ventures that belongs to Cannon-Brookes and […] Read more
Neoen sees bigger appetite for RE as Europe shuns Russian power Updated On Wed, Mar 16th, 2022 by Saurenergy French renewable power producer Neoen should benefit from more demand for green energy in Finland, Italy and France as Europe looks to become independent from Russian gas, the company’s chief executive said on Monday. The European Union has announced plans to expand its clean energy capacities as it looks to cut dependency on Russian gas […] Read more
Andhra High Court Rules in Favour of Solar, Wind Developers Updated On Wed, Mar 16th, 2022 by Saurenergy In a judgement that seeks to put to rest all uncertainties regarding the sanctity of Power Purchase Agreements and the competency of experts who decided on rates, the Andhra Pradesh High court has ruled in favour of solar and wind developers in the case against the state discoms, and by default, the Andhra state government. […] Read more
Four Solar Power Projects Worth 6.5 MW Floating Up in Chandigarh Soon Updated On Tue, Mar 15th, 2022 by Saurenergy Chandigarh Renewable Energy and Science and Technology Promotion (CREST) will develop four solar power projects totaling 6.5 MW capacity in different locations of Chandigarh. The cost of this solar expansion will be Rs 43 crore. As far as the projects are concerned, two will be first of their kind. These solar power projects will be […] Read more
AP Biomass Energy Generators Hopes For Relief Rise After APTEL Order Updated On Tue, Mar 15th, 2022 by Saurenergy The Appellate Tribunal for Electricity (APTEL) has recently given its verdict with regards to four appeals against the Tariff Orders passed by the Andhra Pradesh Electricity Regulatory Commission (APERC) in May and July 2014. The appeals made by Biomass Energy Developers Association &Ors and South Indian Sugar Mills Association &Ors, which were all filed against […] Read more
Adani to Build Two Renewable Energy Projects in Sri Lanka Updated On Tue, Mar 15th, 2022 by Saurenergy The Adani Group has signed a Memorandum of Understanding (MoU) with the Sri Lanka Government bagging two renewable energy generation projects of considerable size in the neighbouring country. There is no official confirmation from either Adani Group or the Government of Sri Lanka, but it has been reported that the two projects will be based […] Read more
As Global Rooftop Solar Booms, India Goes Missing Updated On Tue, Mar 15th, 2022 by Saurenergy Energy research and business intelligence firm Rystad Energy has released a new report on global rooftop solar installations. The firm predicts that rooftop solar PV installations are set to surge in the next three years, with total capacity reaching 94.7 gigawatts (GW) by 2025. This growth reflects the broader solar market, which has been on […] Read more
MoP issues guidelines for procurement & utilisation of BESS Updated On Mon, Mar 14th, 2022 by Saurenergy The Ministry of Power (MoP) has notified a new resolution of the Guidelines for the procurement and utilisation of battery energy storage systems (BESS) as part of generation, transmission and distribution assets, along with ancillary services. Specific Objectives of the Guidelines: To facilitate procurement of BESS, as part of individual RE power projects or separately, […] Read more
Karnataka to Give 10,000 Farmers Solar Powered Irrigation Pump Sets Under PMKUSUM Updated On Mon, Mar 14th, 2022 by Saurenergy The State Cabinet of Karnataka has cleared the proposal for the implementation of Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan-B (PMKUSUM) scheme in the state under which about 10,000 farmers will benefit from solar powered irrigation pump sets. ‘Component B’ of the scheme envisages installation of 17.5 lakh standalone (off grid) solar powered irrigation […] Read more
