Specialist (Hydrogen Energy) Updated On Wed, Mar 24th, 2021 by Saurenergy The incumbent shall be responsible for conceptualizing and implementing green hydrogen projects in India and abroad. He/She shall be responsible to design, procure, erect and commission green hydrogen projects in the field of mobility (development of green hydrogen filling stations throughout the country and operation of fuel cell electric vehicles (FCEV) fleet), off grid sites […] Read more
BCD Will Raise Solar Purchase Cost by Rs 900 Cr pa for Off-takers: Ind-Ra Updated On Wed, Mar 24th, 2021 by Saurenergy The imposition of BCD will lead to an increase in solar tariffs which will increase power purchase costs for solar off-takers by Rs 900 crore annually India Ratings and Research (Ind-Ra) has come out and said that the imposition of basic customs duty (BCD) on solar cells and modules with effect from 1 April 2022 […] Read more
Adani Green Energy to Acquire 75 MW Solar Assets of Sterling and Wilson for Rs 446 Cr Updated On Wed, Mar 24th, 2021 by Saurenergy Adani Green Energy has signed an agreement to acquire 100 percent stake in two SPVs holding 75 MW operating solar assets of Sterling & Wilson Adani Green Energy Limited (AGEL), one of the largest renewable energy companies in India, has announced that it has signed a share purchase agreement for the acquisition of a 100 […] Read more
Total Solarizes L’Oréal’s First Industrial Site in France Updated On Tue, Mar 23rd, 2021 by Saurenergy Total, through its affiliate Total Quadran, one of the leading renewables players in France, announces the commissioning of the solarization project at L’Oréal’s Vichy production plant. The project consists of photovoltaic parking lot awnings and charge points for electric vehicles. The renewable electricity produced will cover 33% of the plant’s energy needs, from almost 4,000 […] Read more
POWERGRID Takes Remaining 74% Stake in Jaypee Powergrid Limited JV Updated On Tue, Mar 23rd, 2021 by Saurenergy POWERGRID has signed an agreement with JPVL to acquire 74% stake in Jaypee Powergrid Limited-JV in which POWERGRID already holds 26% equity. Power Grid Corporation of India Limited (POWERGRID), a Maharatna PSE under the Ministry of Power, Government of India has announced that it has signed a Share Purchase Agreement with Jaiprakash Power Ventures Limited […] Read more
BHEL Secures 1st Overseas Contract for Grid-Tied Solar Plant in Mauritius Updated On Tue, Mar 23rd, 2021 by Saurenergy BHEL has secured its maiden overseas turnkey contract for a grid-tied 8 MW solar power plant to be developed in Mauritius on an EPC basis. Bharat Heavy Electricals Limited (BHEL) has announced that it has achieved another milestone in international business by securing its maiden overseas turnkey contract for a grid-connected 8 MW ac solar […] Read more
India’s $122 Billion Energy Stimulus a Mixed bag for its Energy Transition: Report Updated On Tue, Mar 23rd, 2021 by Saurenergy A new report shows the government’s stimulus for the energy sector, despite being the largest, is a ‘mixed bag’ for its energy transition While India has committed more public money than any other economy to date – at least USD 122 billion (~Rs 8.8 lakh crore) – to support the energy sector since the start […] Read more
Winning Bids at Rs 2.20/kWh in First Solar Auction After BCD Announcements Updated On Tue, Mar 23rd, 2021 by Saurenergy The very first solar auction after the Basic Customs Duty announcement on cells & modules has fetched a winning bid of Rs 2.20/kWh in Gujarat. The very first solar auction conducted after the announcement made by the Ministry of New and Renewable Energy (MNRE) of the Basic Customs Duty on Solar Cells and Modules from […] Read more
South Africa Planning RE Investments & 3 Power Ships to Tackle Power Crisis Updated On Mon, Mar 22nd, 2021 by Saurenergy South Africa has announced its new plans to ease the severe electricity crisis in the country, including three offshore power ships, greater use of solar and wind energy, and other renewable energy (RE) investments. Minister of Mineral Resources and Energy Gwede Mantashe, had recently announced eight chosen bidders in the government’s emergency risk mitigation program, […] Read more
