Fossil Fuels Dominance Shrank on Renewables’ Cost Reduction, Says BNEF Updated On Thu, Mar 29th, 2018 by Saurenergy The report on the levelized cost of electricity (LCOE) for all the leading technologies states that fossil fuel power is facing an unprecedented challenge in all the three roles it performs in the energy mix – supply of ‘bulk generation’, supply of ‘dispatchable generation’, and provision of ‘flexibility’. After significant reduction in the cost of wind, solar […] Read more
RK Singh asks Battery Makers to Set-up Units in India; Assures all Possible Support Updated On Sat, Mar 24th, 2018 by Saurenergy The future bids will be for solar/ wind hybrid coupled with storage, says Singh. The Union Minister of Power and New & Renewable Energy R. K. Singh held talks with battery manufacturers and discussed with them about the creation of an ecosystem for incentivising battery manufacturing in India. During talks, the Minister exhorted the industry […] Read more
India, France ink Renewable Energy Contracts under ISA Umbrella Updated On Fri, Mar 16th, 2018 by Saurenergy In new & renewable energy sector, India’s one of the leading solar manufacturer and EPC player Vikram Solar has signed a collaboration pact with the French Alternative Energies and Atomic Energy Commission (CEA). Under the umbrella of International Solar Alliance (ISA), Indian and French companies have signed various business contracts and agreements in the new […] Read more
ENGIE North America to Acquire SoCore Energy Updated On Tue, Mar 6th, 2018 by Saurenergy ENGIE has been working to expand its offerings in North America to address these needs. SoCore will be a key piece of ENGIE’s solution set for current and future customers. ENGIE North America Inc. has signed an agreement to acquire SoCore Energy, a fully-integrated solar developer and commercial and industrial (C&I) solar projects with a […] Read more
Engagement of Social Development Consultant for SECI Updated On Tue, Feb 27th, 2018 by Saurenergy Solar Energy Corporation of India Limited (SECI) is planning to set up a solar –wind hybrid project with World Bank financing. To prepare and ensure the social safeguards requirement for the project, SECI intends to engage a Social Development Consultant on Retainer basis. Individuals having vast experience in various areas of preparation and implementation of […] Read more
Renew Power Commits Rs 13k cr Investment on Clean Energy in AP Updated On Mon, Feb 26th, 2018 by Saurenergy The move has come to develop renewable energy capacity in Andhra Pradesh and also helps in generating direct employment for 4,000 people and indirect employment for 6,000 people. Renewable energy company ReNew Power has inked a Memorandum of Understanding (MOU) with the Andhra Pradesh (AP) government during the ongoing 3-day CII Partnership Summit to invest Rs 13,000 crore over the next five years. […] Read more
Renew Power Signs MoU with Maharashtra Govt for Rs 14K Cr Investment Updated On Tue, Feb 20th, 2018 by Saurenergy As per reports, a Memorandum of Understanding (MoU) was signed at the three-day investment summit “Magnetic Maharashtra: Convergence 2018” held in the financial capital of the country. In a significant development, Indian renewable energy company ReNew Power has said it has signed a pact with the Government of Maharashtra to facilitate a proposed investment […] Read more
Gigawatt of Storage in 2018? Updated On Mon, Feb 19th, 2018 by Saurenergy From a Gigawatt dream storing capacity to watt-hour storage, through decades the glorified history of technology is meekly stored with the wonk of storage development. The interdependency to make solar power modus operandi is the associated technology which can store the continuous flow of electricity and deliver it diligently on the time of respective requirement. […] Read more
KSEB to Pay Interim Tariff at Rs 3.90 Per Unit for FY18 Updated On Mon, Feb 19th, 2018 by Saurenergy IREDA had filed a petition on June 16, 2017 before the commission seeking an interim tariff and for getting the approval of power sale agreement for 50 MW solar PV project. The Kerala State Electricity Regulatory Commission has approved the interim tariff at Rs 3.90 per unit for electricity purchased by the Kerala State Electricity […] Read more