APTEL Asks KERC to Decide Compensation owed to Fortum by DISCOMs Updated On Wed, May 26th, 2021 by Saurenergy The Appellate Tribunal for Electricity (APTEL) recently gave a judgement in favour of Fortum Solar India Private Limited after the solar power developer petitioned it, seeking compensation from various DISCOMs. The full judgement can be read here. The tribunal not only directed the Karnataka Electricity Regulatory Commission (KERC) to determine the incremental tariff payable to Fortum, […] Read more
Axpo Italia to buy 12 MWp from Canadian Solar’s upcoming Italian units Updated On Tue, May 25th, 2021 by Saurenergy Guelph-headquartered solar PV modules manufacturer Canadian Solar Inc. today announced its signing of a long-term power purchase agreement (PPA) with Axpo Italia for the purchase of energy produced by two solar power plants under development totalling 12 MWp near Ragusa and Enna, in Sicily, Italy. Axpo Italia is the third largest operator in the free energy […] Read more
GE Announces 302 MW Agreement with Lincoln Land Wind Updated On Fri, May 21st, 2021 by Saurenergy GE Renewable Energy announced today that it has been selected to provide 107 of GE’s 2.82-127 onshore wind turbines for the 302 MW Lincoln Land Wind project in Morgan County, IL. The wind farm is owned by funds managed by the Infrastructure and Power strategy of Ares Management Corporation (“Ares”). Apex Clean Energy led the development of […] Read more
Adani to Acquire SB Energy’s 5 GW Portfolio in India’s Largest Renewables M&A Deal Updated On Wed, May 19th, 2021 by Saurenergy Adani Green Energy has signed agreements for the acquisition of 100 percent interest in SB Energy India from the SoftBank & Bharti Group Adani Green Energy Limited (AGEL), has announced that it has signed the share purchase agreements for the acquisition of 100 percent interest in SB Energy India from the SoftBank Group (80 percent) […] Read more
CERC Judgement on SB Energy’s 300 MW Bhadla Project Compensation Updated On Tue, May 18th, 2021 by Saurenergy A plea by SB Energy at the CERC, with SECI and Rajasthan Urja Vikas Nigam as respondents, was disposed off by the commission with a now predictable template on most of the contentions. In doing so, the CERC has served to iterate what seems to be well established rules for such situations. The final order […] Read more
‘Fit-for-55’; Need More Than Targets to Boost Wind Energy: WindEurope Updated On Mon, May 17th, 2021 by Saurenergy With its ‘Fit-for-55 Package’ the European Union wants to create the right framework for an emission reduction of 55% by 2030 and set the course for carbon neutrality by 2050. The package will include a higher renewable energy target, but targets alone won’t deliver the wind volume Europe needs. WindEurope outlines the wind industry’s key […] Read more
European Comm Approves Germany’s Problematic RE Law: WindEurope Updated On Mon, May 10th, 2021 by Saurenergy Last week the European Commission approved the latest amendments to the German Renewable Energy Act. This means Germany can now publish the results of its last onshore wind auction, and work on the relevant wind farms can start. But the Commission have set an unhelpful precedent by approving a new mechanism in the Act which […] Read more
Virginia SCC Approves new Solar Projects Worth 500 MW of Dominion Energy Updated On Tue, May 4th, 2021 by Saurenergy The Virginia State Corporation Commission (SCC) approved Friday the largest group of new solar projects for Dominion Energy Virginia customers. The nine new solar facilities will total nearly 500 megawatts, enough to power 125,000 homes at peak output with renewable energy. These projects represent a major step toward achieving the goals of the Virginia Clean […] Read more
Dominion Energy Seeks Projects to Increase Renewable Energy in Virginia Updated On Mon, May 3rd, 2021 by Saurenergy Dominion Energy Virginia is seeking proposals from developers for new solar, onshore wind and energy storage projects. The company issues annual Requests for Proposals (RFPs) to support the goals of the Virginia Clean Economy Act (VCEA) and help the company achieve its goal of net zero greenhouse gas emissions by 2050. Dominion Energy has made […] Read more
