Change-in-law Payments Worth an Additional Rs 4000 Cr for Solar Sector: CRISIL Updated On Wed, Aug 5th, 2020 by Saurenergy Change in Law payments by Discoms and SECI for GST to SPDs, together with SGD reimbursements will lead to Rs 4,000 crore cash inflow for the solar sector, as per CRISIL. Recent commencement of Change in Law payments by state power distribution companies (Discoms) and the Solar Energy Corporation of India (SECI) for Goods and […] Read more
200 MW Harvest Ridge Wind Farm is Operational Updated On Wed, Aug 5th, 2020 by Saurenergy Walmart is one of the offtakers from the wind project EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the largest wind energy producers in the world with a presence in 14 countries, has completed the construction its 200 MW Harvest Ridge wind farm in Douglas County, Illinois, USA. Through […] Read more
India’s Top 5 Power Producers And their Renewable Energy Plans Updated On Tue, Aug 4th, 2020 by Saurenergy In the broader developed economies, the push for renewable energy has already gone well past the stage for policy pushes, with many firms and power producers making decisive, long term shifts even as pressure, both public and from the government, still builds up. That is one reason why coal fired plants are shutting down faster […] Read more
Rooftop Solar PV Vendors Empaneled at low rates in Chhattisgarh Updated On Thu, Jul 30th, 2020 by Saurenergy State Price Beats MNRE Benchmark Cost In Chhattisgarh, vendors that provide services related to supply and construction of grid-connected rooftop solar PV projects have bid lower than the central benchmark costs in a empanelment tender for construction of rooftop solar PV projects under Phase-II of the Ministry of New and Renewable Energy (MNRE) rooftop program. […] Read more
AES Invests in 5B; Aims to Accelerate Transition to Solar Energy Updated On Thu, Jul 30th, 2020 by Saurenergy The AES Corporation has made a strategic investment of around USD 8.6 million in 5B, a solar technology innovator based in Sydney, Australia. The AES Corporation has announced that it has made a strategic investment of around USD 8.6 million in 5B, a solar technology innovator based in Sydney, Australia. 5B’s revolutionary MAVERICK design enables customers to […] Read more
EDF Secures PPA for 200 MW Solar Plus 180 MW Storage Projects Updated On Thu, Jul 30th, 2020 by Saurenergy EDF has completed the signing of a 22-year PPA with NV Energy for a 200 MWac solar plus 180 MW, four-hour battery storage system in Nevada. EDF Renewables North America has announced that it has completed the signing of a 22-year Power Purchase Agreement (PPA) with NV Energy for a 200 megawatt (MWac) solar PV project coupled with a […] Read more
US-based AES Corp Expands Footprint in Brazilian Renewable Sector Updated On Thu, Jul 30th, 2020 by Saurenergy The AES Corporation has agreed to acquire an 18.5% interest in AES Tietê and will own 42.85 percent of the shares in the Brazilian renewable company US-based energy company The AES Corporation has announced that its wholly-owned subsidiary, AES Brasil has agreed to acquire an 18.5 percent economic interest in AES Tietê from BNDES Participações. Under […] Read more
RBI Governor Hints at Power Sector Reforms Updated On Thu, Jul 30th, 2020 by Saurenergy For the next wave of growth of renewables, fast-paced changes need to be implemented Recently, the Governor of Reserve Bank of India (RBI), Shri Shaktikanta Das, addressed members of the National Council of the Confederation of Indian Industry (CII), regarding whether dynamic shifts are underway in the Indian economy. Stating that the country’s power sector […] Read more
SABIC Chemical Plant in Spain Will be the 1st to Operate on 100% RE Updated On Thu, Jul 30th, 2020 by Saurenergy The polycarbonate facility of SABIC in Spain is all set to become the world’s 1st large scale chemical plant to will run entirely on renewable energy The polycarbonate facility of SABIC in Spain is all set to become the world’s first large scale chemical production plant to run entirely (100 percent) on renewable energy after it agreed […] Read more
