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
Chinese Module Maker Yingli Solar Seeks A Comeback Updated On Fri, Jun 11th, 2021 by Saurenergy Yingli Solar, which was once the largest manufacturer of solar panels in the world and the first Chinese company to sponsor the FIFA World Cup TM, has announced plans to make a serious comeback. The Hebei province-based firm, which slipped from a peak turnover of over $2.4 billion in 2011 to less than $650 million […] Read more
Solar Generated Maximum Electricity Among all Renewables in Australia Updated On Thu, Jun 10th, 2021 by Saurenergy Solar passes all other renewable resources in terms of Australia’s electricity generation in 2020. According to ‘Australia Energy Statistics’ 2020, published by the Department of Industry, Science, Energy, and Resources, the total electricity generation in Australia was estimated to be 265,232 gigawatt-hours (GWh) in the calendar year 2020, remaining materially unchanged since 2019. Interestingly, solar […] 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
PSU Gas Major GAIL To Join Solar Bandwagon Updated On Thu, Jun 10th, 2021 by Saurenergy Gas Authority of India Limited (GAIL), the largest operator of gas pipelines in the country, has announced plans to enter solar power development. GAIL commands ~70% market share in gas transmission and has a Gas trading share of over ~ 50% in India. GAIL and its Subsidiaries / JVs also have a formidable market share […] Read more
JinkoSolar Showcases High Tech Panel Offerings At SNEC 2021 Updated On Tue, Jun 8th, 2021 by Saurenergy The 15th SNEC International Photovoltaic Power Generation and Smart Energy Conference & Exhibition was held in Shanghai, China, on June 3-5, 2021. At the exhibition, several solar firms launched their new products, which predominantly reflect trends and developments across multiple markets. One of the largest solar panel manufacturers worldwide, JinkoSolar Holding Co., Ltd. unveiled some […] 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
Scatec Partners With ACME For 900 MW Solar Plant in India Updated On Thu, Jun 3rd, 2021 by Saurenergy Norway headquartered renewable power producer and supplier, Scatec has today announced its partnership with an Indian solar developer ACME, to develop a 900 MW solar power plant in Rajasthan, India. This solar power project includes a 25-year power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) secured in a tender in 2018. Scatec […] Read more
