For India’s Power Sector, A Simple Test To Evaluate The $266 billion Stimulus Updated On Wed, May 13th, 2020 by Saurenergy Yesterday, Prime Minister Narendra Modi delivered yet another surprise, this time pleasant, in his 8 p.m address to the nation. The workaholic PM, whose evening addresses to the nation have achieved somewhat of a legendary status ever since the first big one delivered demonetisation in 2016, delivered one of his most enigmatic speeches, staying away […] Read more
India needs 30-fold Jump in Renewable and Nuclear Energy: Dr. Anil Kakodkar Updated On Tue, May 12th, 2020 by Saurenergy In order to make 70 percent carbon free energy, India will require a 30-fold surge in both renewable energy and nuclear energy along with doubling of thermal energy, said Dr. Anil Kakodkar. Dr. Kakodkar, a Padma Vibhushan awardee and a former Chairman of Atomic Energy Commission and Chairman of Rajiv Gandhi Science & Technology Commission, […] Read more
Seraphim Signs Agreement to Supply 183 MW Modules to Philippines Updated On Mon, May 11th, 2020 by Saurenergy Seraphim has announced that it has signed an agreement with ERS Energy to deliver 183 MW of high-efficiency solar modules for projects in the Philippines Jiangsu Seraphim Solar System (Seraphim), one of the world’s leading solar module manufacturers, recently announced that it has signed an agreement with ERS Energy Sdn Bhd to deliver 183 megawatts […] Read more
SECI Discovers Rs 2.90/kWh Tariff in 400 MW Round-The-Clock RE Tender; ReNew Power Emerges as Winner Updated On Fri, May 8th, 2020 by Saurenergy State-owned Solar Energy Corporation of India (SECI) has discovered a tariff of Rs 2.90/kWh in its tender for Round-The-Clock’ (RTC) supply of 400 MW renewable energy (RE) power to NDMC, New Delhi, and Dadra & Nagar Haveli. ReNew Power has emerged as the winner under this tariff-based competitive bidding (RTC-I) and won complete 400 MW of […] Read more
COVID Impact: Siemens Gamesa Incurs Loss; Challenges in India Business Updated On Fri, May 8th, 2020 by Saurenergy Siemens Gamesa has said its performance in the second quarter of FY 2020 reflected the impact of COVID-19 pandemic on its operations and commercial activity Siemens Gamesa Renewable Energy has reported that its performance in the second quarter of FY 2020 (January-March) reflected the unexpected effect of the COVID-19 pandemic on its operations and commercial […] Read more
Shell, Eneco to Enter Dutch Tender for 759 MW Offshore Wind Project Updated On Fri, May 8th, 2020 by Saurenergy Through their JV with CrossWind, Shell and Eneco will be participating in the tender for the 759 MW Hollandse Kust (Noord) offshore wind farm. Shell Nederland, a subsidiary of the Royal Dutch Shell, has announced its plans to create a green hydrogen hub in the port of Rotterdam in the Netherlands. The firm aims to […] Read more
‘PFC Should Lend More to Renewable Energy Instead of Stranded Assets’ Updated On Thu, May 7th, 2020 by Saurenergy Instead of backing obsolete & uneconomical coal-fired power plants that could soon become stranded assets, state-owned power sector lender, PFC should lend more to support renewable energy capacity addition, suggested by the Institute for Energy Economics and Financial Analysis (IEEFA) in its new findings. Both Power Finance Corporation (PFC) and Rural Electric Corporation Ltd (REC) […] Read more
EDPR Secures 15-Year PPA for 100 MW New California Solar Park Updated On Thu, May 7th, 2020 by Saurenergy EDPR through and Redwood Coast Energy Authority have executed a 15-year PPA for 100 MW for the Sandrini Sol 1 Solar Park in Kern County, California. EDP Renewables SA (EDPR), through its fully owned subsidiary EDP Renewables North America, and Redwood Coast Energy Authority (RCEA) have executed a 15-year power purchase agreement (PPA) for 100 […] Read more
IRENA, ESCAP Ramp Up Efforts to Improve Clean Energy Accessibility in APAC Region amid Covid-19 Updated On Wed, May 6th, 2020 by Saurenergy This is significant as the Asia-Pacific region is home to almost half of the world’s population, and is largely dependent on fossil fuels. With an aim to jointly work towards improving access to sustainable energy across the Asia-Pacific region, Abu Dhabi-headquartered International Renewable Energy Agency (IRENA) and the United Nations Economic and Social Commission for […] Read more
