Zetwerk Owned Unimacts Opens Second US Plant For Nextracker Updated On Wed, Jun 19th, 2024 by Saurenergy Unimacts, a manufacturing services company that was acquired by Indian contract manufacturing startup Zetwerk in 2022, has expanded its relationship with leading US solar tracker maker Nextracker. Unimacts has opened up its second manufacturing facility in Sloan, Nevada for Nextracker to make steel torque tubes, a key component of Nextracker’s solar trackers. This new facility […] Read more
Repsol Signs RE Purchase Agreement with Microsoft Updated On Wed, Jun 12th, 2024 by Saurenergy Repsol will supply Microsoft renewable electricity after reaching an agreement for a combined six long-term virtual power purchase agreements (VPPAs). These 12-year supply agreements are linked to three wind farms and three solar plants in Spain with a total installed capacity of 230 MW that will be operational by December 2025. This deal adds to existing power […] Read more
ALMM, RLMM Exemption for Green Hydrogen Announced Updated On Wed, May 29th, 2024 by Saurenergy In an announcement that was widely speculated about, the Ministry of New and Renewable Energy has issued an office memorandum dated May 27, that exempts solar plants , and wind energy from ALMM( Approved list of models and manufacturers) and RLMM ( Revised list of Models and manufacturers) requirements respectively if they are dedicated for […] Read more
News Brief May 14 – BrightNight, Neoen, Energy Vault and ACEN Updated On Tue, May 14th, 2024 by Saurenergy BrightNight and Cordelio Power Achieve Financial Close on $ 414M Project Financing for 300 MW Box Canyon Project in Arizona BrightNight, a global renewable power producer built to deliver clean and dispatchable solutions, recently secured a US$414 million construction credit facility. BrightNight secure this credit facility with its joint venture partner Cordelio Power, for their […] Read more
Uttarakhand Proposes Revised RPO Compliance Norms With Timelines Updated On Mon, May 6th, 2024 by Saurenergy The Uttarakhand Electricity Regulatory Commission (UERC) has now come up with its draft regulations relating to Renewable Purchase Obligations (RPO). The proposed draft regulation aims to amend the existing UERC (Tariff and Other Terms for Supply of Electricity from Renewable Energy Sources and non-fossil-based Co-generating Stations) Regulations, 2023. The State Electricity Commission proposed the new […] Read more
CERC Terms SC Order On GIB As ‘Change Of Law’, Awards Compensation To Azure Updated On Mon, May 6th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) in a significant judgment termed the 2021 Supreme Court order on the Great Indian Bustards (GIB) as a ‘Change of Law’ event. It also granted compensation to Azure Power Maple Private Limited on account of its alleged additional expenditures. The case came to light after the petitioner Azure Power […] Read more
5 Ways The World Will Change As Renewable Energy Gains Share Updated On Mon, Apr 22nd, 2024 by Saurenergy Sometimes, it’s good to see a little further into the future than just the next few months, or even a year. At SaurEnergy, with the privilege we have in terms of access to and feedback from so many experts, it is clear that change is afoot. While those impatient for much more will probably disagree, […] Read more
Azure Power Announces Suspension of SEC Reporting Obligations Updated On Fri, Apr 5th, 2024 by Saurenergy Renewable energy developer Azure Power Global Limited, which has most of it’s portfolio kf projects in India, has confirmed that the Company’s US Securities and Exchange Commission (“SEC”) reporting obligations under Section 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act), were suspended on April 1, 2024. On October 31, 2023, […] Read more
iFOREST Report Sees Potential For More Ambitious Renewable Targets In Assam Updated On Mon, Apr 1st, 2024 by Saurenergy iFOREST a research-based organization, in a recent report on enabling renewable energy in Assam recognized the steps taken by the Assam government to increase renewable energy (RE) penetration. It considered the states progress since the announcement of the Assam Renewable Energy Policy 2022 (AREP 2022) in November 2022. iFOREST’s research indicates the need for accelerated […] Read more
