BHEL Seeking Pre-Bid Tie-ups for 50 MW BESS Under SECI’s Solar Plus Storage Tender Updated On Thu, Nov 26th, 2020 by Saurenergy BHEL is looking to enter a pre-bid tie-up for 50 MW/ 150 MWh BESS for SECI’s solar plus storage tender that BHEL is participating in Chhattisgarh. BHEL has announced that it is participating in a tender for the design, engineering, supply, construction, erection, testing and commissioning of 100 MW (AC) solar PV project (200 MWp […] Read more
TEXEL Signs an Agreement with ASU to Move new Battery Tech Towards Commercialisation Updated On Wed, Nov 25th, 2020 by Saurenergy The battery technology development company, TEXEL Energy Storage (TEXEL), and Arizona State University (ASU) have signed a cooperation agreement with the purpose to bring a new battery technology towards commercialization in the United States. The new battery technology that is originally developed by Savannah River National laboratory (SRNL), is potentially much more cost effective than Lithium-Ion batteries in […] Read more
ADB Grants $600 Mn Loan to Indonesia’s PLN to Promote Renewable Energy Updated On Wed, Nov 25th, 2020 by Saurenergy ADB has approved a USD 600 million loan to help PLN, Indonesia’s state-owned power company, expand electricity access and promote renewable energy in eastern Indonesia. The Asian Development Bank (ADB) has approved a USD 600 million loan to help the State Electricity Corporation (PLN), Indonesia’s state-owned power company, expand electricity access and promote renewable energy […] Read more
NTPC to Install Solar Systems in SDMC Buildings in Delhi Updated On Wed, Nov 25th, 2020 by Saurenergy SDMC has approved a proposal to install rooftop solar and ground-mounted solar systems on its buildings, will sign an MoU with NTPC. The South Delhi Municipal Corporation (SDMC) has approved a proposal to install rooftop solar and ground-mounted solar systems on its buildings. The municipal corporation will now sign a memorandum of understanding (MoU) with […] Read more
Boralex to Acquire Interests in 7 Solar Plants in the US Updated On Tue, Nov 24th, 2020 by Saurenergy Boralex Inc. (TSX: BLX) (“Boralex” or the “Corporation”) is pleased to announce that Boralex US Solar CIA LLC, a wholly owned subsidiary of the Corporation, has entered into binding agreements with Centaurus Renewable Energy LLC (“CRE”) and certain other investors to acquire their controlling interests in seven solar plants, located in the United States, for a […] Read more
Canadian Solar Signs a Total of 862 MW in Solar PPA in Brazil Updated On Tue, Nov 24th, 2020 by Saurenergy Canadian Solar has announced that it recently signed a PPA and awarded 2 projects for a total of 862 MWp in solar power projects in Brazil. Canadian Solar, one of the world’s largest solar power companies, announced that it recently signed a power purchase agreement (PPA) with BTG Pactual, and that it was awarded two projects […] Read more
Biotech Major Biocon Takes 26% Stake in Hinduja Renewables Two Updated On Tue, Nov 24th, 2020 by Saurenergy Bengaluru-based biotechnology major Biocon has entered into an agreement for the acquisition of a 26 percent equity stake in Hinduja Renewables Two. Bengaluru-based biotechnology major Biocon has announced that it has entered into an agreement on November 21, 2020, for the acquisition of a 26 percent equity stake on a fully diluted basis in Hinduja […] Read more
With Fresh Price Lows In Auctions, Are Solar Projects Awaiting PSA’s Truly Safe? Updated On Tue, Nov 24th, 2020 by Saurenergy In the last month and more, there have been multiple reports about the failure of the Solar Energy Corporation of India (SECI), a key nodal body that has been conducting utility scale solar auctions to sign PPA’s (Power purchase Agreement) with winning developers. SECI in turn blames it on the delay on the part of […] Read more
Solar Tariffs Drop to Record Low of Rs 2/kWh in SECI’s 1070 MW Tender Updated On Tue, Nov 24th, 2020 by Saurenergy The latest auction by SECI has seen solar power tariffs drop to a new record low of Rs 2 per kWh in the Indian solar segment. The latest auction by the Solar Energy Corporation of India (SECI) has seen solar tariffs drop to a new record low in the Indian solar segment. SECI’s auction for […] Read more
