TANGEDCO to Pay Dues For 26.85 MW of Wind Projects Updated On Mon, Aug 24th, 2020 by Saurenergy TNERC passed orders in four cases and found TANGEDCO to be at fault at each count The state distribution company of Tamil Nadu, Tamil Nadu Generation and Distribution Corporation (TANGEDCO) must now swiftly pay pending dues to wind power generators in Tamil Nadu. Dues amounting to Rs.2,40,63,241 are owed by TANGEDCO to wind energy project […] Read more
NTPC To Move Ahead on Separate Renewable Energy Arm Updated On Mon, Aug 24th, 2020 by Saurenergy Wire agency PTI reports that NTPC Limited has received a ‘go ahead’ from the Niti Aayog and Department of Investment and Public Asset Management (DIPAM) to set up a wholly-owned company for its renewable energy business. The move formalises NTPC’s plans in the renewable space. For many observers, a massive shift by the largest power […] Read more
Will The Andhra Pradesh Saga Reach Endgame With Central Intervention? Updated On Mon, Aug 24th, 2020 by Saurenergy In a further turn to the ongoing tussle between developers in Andhra Pradesh and the state government there through its discoms, the National Solar Energy Federation of India (NSEFI), the apex body of solar energy developers in the country, has reached out once again to the state’s chief Minister to intervene, and for good measure, […] Read more
RWE Rakes in €2bn With Share Issue to Back its Renewable Expansion Updated On Thu, Aug 20th, 2020 by Saurenergy RWE has successfully concluded an increase of its share capital of around EUR 2 billion, as it looks to expand in the fields of renewable energy Germany’s RWE has announced that it has successfully concluded an increase of its share capital of around EUR 2 billion by selling new shares. The firm stated that the […] Read more
Capital Dynamics to Develop 9 Battery Storage Systems in California Updated On Thu, Aug 20th, 2020 by Saurenergy Capital Dynamics has signed an agreement with Tenaska to develop a portfolio of 9 battery storage systems located throughout California. Capital Dynamics, an independent global private asset management firm, has announced that its Clean Energy Infrastructure business has signed an agreement with US-based energy company Tenaska to develop a portfolio of nine battery energy storage system […] Read more
IEX Launches GTAM Updated On Wed, Aug 19th, 2020 by Saurenergy CERC has Accorded Approval The Indian Energy Exchange (IEX) launched the Green Term-Ahead Market (GTAM) on its power trading platform after receiving approval from the Central Electricity Regulatory Commission (CERC). CERC accorded its approval through an order dated August 17, 2020. The IEX had filed a petition with the CERC regarding the same in 2018; […] Read more
Danske Signs 15-Year PPA With World’s Largest Offshore Wind Farm Updated On Tue, Aug 18th, 2020 by Saurenergy Equinor’s energy trading arm – Danske Commodities has signed a 15-year offtake PPA with the world’s largest planned offshore wind farm, Dogger Bank. Equinor’s energy trading arm – Danske Commodities has announced that it has signed a 15-year offtake power purchase agreement (PPA) with the world’s largest planned offshore wind farm, Dogger Bank. Under the […] Read more
AGL Energy Gets on With 850 MW Multi Site Battery Storage Project Updated On Mon, Aug 17th, 2020 by Saurenergy AGL Energy has lodged the scoping report for a new battery storage systems of up to 500 MW capacity to be built alongside its existing coal plant. Sydney headquartered AGL Energy has formally kicked off on its plans for the transformation of the ageing Liddell coal-fired power station, lodging initial development (scoping report) documents with […] Read more
Continued Scaling up of Wind Energy is Critical to Jobs: WindEurope Updated On Mon, Aug 17th, 2020 by Saurenergy With the right regulatory framework in place, wind energy promises immediate and lasting jobs creation to spur the EU economy. In its Recovery Strategy, the EU Commission encouraged the Member States to invest in green and future-proof technologies such as wind. With the right regulatory framework in place, wind energy promises immediate and lasting jobs […] Read more
