Sale of Electricity in Futures Market will Benefit RE Investors: IEEFA Updated On Fri, Jun 11th, 2021 by Saurenergy The introduction of derivatives to India’s short-term power market will make it easier for renewable project developers to enter into offtake arrangements with state-owned distribution companies (discoms), finds a new briefing note from the Institute for Energy Economics and Financial Analysis (IEEFA). “The launch of new financial instruments will enable developers to hedge their offtaker […] Read more
World’s 1st Solar-Hydro Plant for Longer Duration Energy Storage: ARENA Updated On Thu, Jun 10th, 2021 by Saurenergy On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced $15 million in funding to RayGen Resources Pty Ltd (RayGen) to construct its first of a kind ‘solar hydro’ power plant comprising 4 MW of solar PV generation and 3 MW / 50 MWh (17 hours) of dispatchable storage capacity […] Read more
Charles River & Duke Energy sign VPPA for 250 MW Solar project in Texas Updated On Tue, Jun 8th, 2021 by Saurenergy Charles River Laboratories International, Inc. yesterday announced a long-term solar energy contract to address the entirety of the company’s North American electric power requirements with clean, renewable energy by 2023. Charles River and Duke Energy Sustainable Solutions have entered into a 15-year, 102 megawatt (MW) virtual power purchase agreement (VPPA). Charles River’s portion of the […] Read more
IREDA Extends Bid Date For 12 GW CPSU Solar Scheme Updated On Tue, Jun 8th, 2021 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA), the implementing agency appointed by Ministry of New & Renewable Energy (MNRE) for the CPSU Scheme Phase II has extended the bid submission date to 15th June. The Central Public Sector Undertaking (CPSU) scheme phase-II envisages setting up 12,000 MW grid-connected solar projects with viability gap funding (VGF). […] Read more
Keventer Agro Claims Strong Performance For Its Rooftop Solar Plant Updated On Mon, Jun 7th, 2021 by Saurenergy Kolkata based food and dairy major, Keventer Agro, which retails premium dairy products, reports a strong performance from its rooftop solar plant, one of the largest in East India. The 2.15 MW plant was built over an area of over 2 lakh square feet at the firm’s plant in Barasat. The plant EPC was done […] Read more
DR Congo Goes With Solar Off Grid To Power 3 Northern Cities Updated On Sun, Jun 6th, 2021 by Saurenergy Africa’s second largest country, and one of its poorest, the Democratic Republic of Congo (not to be confused with the neighboring Republic of Congo) has finally placed a big bet on renewable energy. The government there has finally gone for a $100 million investment off grid hybrid solar projects that will provide power to three cities […] Read more
MSEDCL Tenders For 500 MW Solar Under PMKUSUM Updated On Thu, Jun 3rd, 2021 by Saurenergy The Maharashtra State Electricity Distribution Company Limited (MSEDCL or Mahavitaran), has issued an expression of interest (EOI) and request for selection (RFS) for procuring 500 MW (AC) of solar power from decentralised solar projects. Launched under the PMKUSUM scheme, these projects will be for sizes ranging from) 5 MW to 2 MW capacity. Location will […] Read more
Pakistan Railways Follows The Sun, To Shift Stations To Solar Updated On Thu, Jun 3rd, 2021 by Saurenergy Pakistan Railways has finally made a call to shift 155 railway stations to solar energy. The move follows a prod by the federal government to use alternative environment-friendly energy resources. The railways PR Director Nazia Jabeen says that the cost of the project would be Pakistani Rs 450 million. Pakistan, which has an existing installed […] Read more
Axpo & IWB Build the Largest Solar Plant in Swiss Alps Updated On Wed, Jun 2nd, 2021 by Saurenergy In a statement released yesterday, it was revealed that over the next four months, Axpo, Switzerland’s largest renewable energy producer, and IWB, a Basel-based power provider, will build the largest Alpine solar plant in Switzerland at the Muttsee dam. Following construction approval from the local municipality of Glarus Süd, the first components were transported to […] Read more
