Assam Clears Decks for JV With Neyveli For 1000 MW Solar Power Updated On Mon, Jun 13th, 2022 by Saurenergy The Assam government under Chief Minister Himanta Biswa Sarma continues to move rapidly on scaling up its renewable energy plans. On June 11, the government approved an investment worth Rs 5,000 crore for commissioning and generation of 1,000 MW of solar power in collaboration with Navratna PSU company Neyveli Lignite Corporation, under the aegis of […] Read more
MSEDCL Invites Bids From Across The World For Power From 500 Mw Updated On Mon, Jun 13th, 2022 by Saurenergy Taking a different path from previous bids, Maharashtra State Electricity Distribution Company Limited (MSEDCL) has invited bids from across the world to procure power from 500 MW of intrastate grid-connected solar power projects (Phase-VII) for 25 years. Previous bids meant for purchase of power were invited from both interstate or intrastate grid connected solar projects. […] Read more
Tamil Nadu Plans 20,000 MW Solar Installations Across State Updated On Mon, Jun 13th, 2022 by Saurenergy Tamil Nadu is girding up to stay in the top position among states in the run for renewable forms of energy. The state, blessed with a long coastline and ample sunshine, has been an early mover and a among the leaders for most of the 21st century. In a fresh development, the Tamil Nadu Generation […] Read more
Bokaro Steel Plant to develop twin floating solar power projects Updated On Wed, Jun 8th, 2022 by Saurenergy The Bokaro Steel Plant (BSL) – a subsidiary of state owned Steel Authority of India Limited (SAIL) – has planned for two floating solar power plants on two different water bodies. Garga Dam and Cooling Pond-1 are the identified water bodies that will host the floating solar panels to support the electricity needs of the […] Read more
Canadian Solar Loses Patent Claim to Solaria, Stops Modules Supply to US in Settlement Updated On Wed, Jun 8th, 2022 by Saurenergy Solaria Corporation has declared that it has settled its patent infringement claims against Canadian Solar. Solaria is a U.S.-based global provider of solar energy products and Canadian Solar is a Chinese solar panel manufacturer. According to the official statement, Solaria has agreed to terminate its litigations against Canadian Solar in exchange for Canadian Solar ceasing […] Read more
US Buckles Under Industry Pressure, Suspends Tariff Threat On SE Asia Solar Imports For Two Years Updated On Wed, Jun 8th, 2022 by Saurenergy The White House said on Monday(06/06/2022) that tariffs on solar panel imports from four Southeast Asian countries would be suspended for two years as part of measures to address “the urgent challenge of a changing climate” — but left China out of the deal. SaurEnergy had reported on the probability of the decision earlier on […] Read more
IEX Power Market Update for May – 80% Growth For Green Market Updated On Tue, Jun 7th, 2022 by Saurenergy In its May 2022 update, India’s premier energy exchange IEX (Indian Energy Exchange) informs that it 7596 MU of electricity volume in May’22 comprising 6680 MU in the conventional power market, 642 MU in the green power market, and 275 MU (2.75 lac Certificates) in the REC Market, registering 16% YoY growth across all the […] Read more
Canadian Solar sells 70% stake in key Brazilian solar projects to SPIC Brasil Updated On Tue, Jun 7th, 2022 by Saurenergy In a major deal in the South American renewable energy market, Canadian Solar Inc. today announced it signed an agreement with SPIC Brasil to sell 70% stake in its 738 MWp solar power projects – Marangatu and Panati-Sitia in Brazil. SPIC Brasil is a leading power generation company in Brazil. SPIC Brasil is a leading […] Read more
RE Success Could Have Prevented Frequent Power Cuts In AP Updated On Mon, Jun 6th, 2022 by Saurenergy Andhra Pradesh could have averted the power crisis over the last few months had it met its renewable energy targets. This was the finding of a report from Climate Risks Horizons, a Bengaluru based Thinktank. AP experienced more power cuts than other states in India facing a power crisis. According to the report from Climate […] Read more