Discoms’ Dues to Power Gencos Rises 50% to Rs 88,177 Cr in December Updated On Mon, Feb 17th, 2020 by Saurenergy Power producers’ total outstanding dues owed by Discoms jumped nearly 50 percent to Rs 88,177 crore in December 2019 over the same month previous year Power producers’ total outstanding dues owed by Discoms jumped nearly 50 percent to Rs 88,177 crore in December 2019 over the same month previous year, reflecting stress in the sector. Discoms owed […] Read more
Karnataka Bags Proposals Worth Rs 72K Cr, With EVs and Solar in Focus Updated On Mon, Feb 17th, 2020 by Saurenergy It has been reported that Rs 72,000 crore investment proposals were received at the Invest Karnataka meet for the states’ northern region. It has been reported that Rs 72,000 crore investment proposals were received at the Invest Karnataka meet, held on February 14, 2020, for the states’ northern region. “About 50 foreign and domestic firms […] Read more
SECI Signs PSA for 100 MW Solar Power With Storage With Chhattisgarh Discom Updated On Fri, Feb 14th, 2020 by Saurenergy SECI has signed a PSA worth 100 MW solar power clubbed with 50 MW/100 MWh Energy from Battery Storage with the Chhattisgarh State Power Distribution Company Power Purchase Agreement for 100 MW Solar Power with 50MW/150 MWh Energy from Battery Storage was signed with Chhattisgarh State Power Distribution Company Limited at Vidhyut Sewa Bhawan at […] Read more
IEEFA Report on India’s Renewable Energy Policy Headwinds Updated On Fri, Feb 14th, 2020 by Saurenergy After the addition of on average 13GW of renewable energy capacity in FY2016/17 and FY2017/18, India’s renewable capacity additions were expected to grow on average at 20-25GW in line with the target of 175GW by December 2022. However, less than 10GW of on-grid renewable capacity and installs were added in FY2018/19. This is expected to […] Read more
South Africa to Turn to Renewable Energy Amid Power Cuts Updated On Fri, Feb 14th, 2020 by Saurenergy South African president Cyril Ramaphosa has said that the coal-dependent country will soon turn to renewable energy as one way to help ease power cuts South African president Cyril Ramaphosa has said that the coal-dependent country will soon turn to renewable energy as one way to help ease power cuts that have “severely set back” efforts to rebuild the […] Read more
Policy Certainty Will Increase Renewable Investment in India: IEEFA Updated On Fri, Feb 14th, 2020 by Saurenergy Policy certainty will increase domestic and international investment in India, a new report issued by the IEEFA has found. Policy certainty around renewable energy will increase domestic and international investment in India, a new report issued by the Institute for Energy Economics and Financial Analysis (IEEFA) has found. The new report ‘India’s Renewable Energy Policy […] Read more
EDF Acquires 50% Stake in 1 GW Codling Offshore Wind Project in Ireland Updated On Thu, Feb 13th, 2020 by Saurenergy The EDF Group has acquired a 50 percent interest in the 1 GW Codling offshore wind farm project in Ireland from Hazel Shore. The EDF Group has acquired a 50 percent interest in the Codling offshore wind farm project in Ireland from Hazel Shore. Its subsidiary EDF Renewables, dedicated to wind and solar energy across […] Read more
Tariff of Renewable Plus Storage Tenders now Competing With Thermal Updated On Thu, Feb 13th, 2020 by Saurenergy In the last one year in India, there has been a growth spurt in storage tender issuance, however, only for a few small tenders, the auctions are successful. In most other tenders, the storage capacity was so high that it leads to infeasible tariffs, and eventually to cancellations of many of these tenders, JMK Research […] Read more
Avangrid to Develop Oregon’s Largest Solar Farm; Inks 15 Yr PPA with PGE Updated On Wed, Feb 12th, 2020 by Saurenergy Oregon-based fortune 1,000 public utility Portland General Electric (PGE) has entered into a power purchase agreement (PPA) with Avangrid Renewables, an arm of Avangrid Inc., to buy electricity generated through solar power. As per the 15 year deal, the company will purchase power generated from a new 162 MW solar facility. Avangrid Renewables will develop […] Read more
