NSEFI Writes to MNRE for Delayed Payments of RE Developers Since April Updated On Tue, Dec 29th, 2020 by Saurenergy NSEFI has written a letter to MNRE requesting the urgent release of payments to RE Developers having PPAs with AP Discoms. National Solar Energy Federation of India (NSEFI) has written a letter to R.K. Singh, Minister of State (I/C) Power, New and Renewable Energy (MNRE) requesting the urgent release of payments to Renewable Energy (RE) […] Read more
Capital Dynamics Exits 108 MW Beacon II and V Solar Portfolio in California Updated On Tue, Dec 29th, 2020 by Saurenergy Capital Dynamics, an independent global private asset management firm, completed the sale of a majority interest in its Beacon portfolio to TortoiseEcofin and S&B USA Energy. Each buyer has acquired a 49.5% ownership of the portfolio. Capital Dynamics retains a minority stake of 1%. The 107.8 megawatt (MWdc) Beacon portfolio consists of two projects: Beacon II (59.6 […] Read more
Australia Solar Plant Ropes In Singapore’s Keppel Renewable As Partner Updated On Mon, Dec 28th, 2020 by Saurenergy Singapore-based Keppel Renewable Energy 9KRE), is investing for a 45% stake in Harlin Solar, which is developing a 500 MW solar farm at Harlin, about 100 kilometers northwest of Brisbane, Australia. This is KRE’s first large scale solar plant anywhere. The group has a 2030 target of 7 GW of renewable energy projects. The investment, […] Read more
RERC Sets Tariff of Rs 6 per unit Applicable on EV Charging Stations Updated On Wed, Dec 23rd, 2020 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) has released a draft Suo-Motu order on the matter of Charging Infrastructure, Tariffs, and other regulatory issues for Electric Vehicles on December 21, 2020. Promoting Electric Vehicles and their Impact on the Grid, they declared the applicable tariffs on the EV public charging stations (PCS) of Rs 6 per […] Read more
Vedanta Signs Declaration on Climate Change, Pledges to Carbon Neutrality Updated On Wed, Dec 23rd, 2020 by Saurenergy Vedanta, a leading natural resources company, has signed a declaration on climate change by pledging to move towards carbon neutrality. Vedanta, a leading natural resources company, has signed a declaration on climate change by pledging to move towards carbon neutrality at the Second India CEO Forum on Climate Change. The firm stated that the mission […] Read more
Vikram Solar Commissions Rooftop Solar Plant at its Manufacturing Facility Updated On Wed, Dec 23rd, 2020 by Saurenergy Vikram Solar has commissioned a 919.73 kWp rooftop solar plant at its manufacturing facility in Falta, West Bengal. Vikram Solar, a leading module manufacturer and comprehensive EPC solutions and rooftop solar service provider, has announced that it has commissioned a rooftop solar plant at its manufacturing facility in Falta, West Bengal earlier this month. The […] Read more
CM B.S. Yediyurappa Opens Bengaluru’s First EV Battery Swapping Station Updated On Wed, Dec 23rd, 2020 by Saurenergy The Chief Minister of Karnataka has inaugurated the first EV battery-swapping station in the capital, yesterday. To enable fast discharge and support the last-mile connectivity by encouraging e-vehicles, the station will facilitate EVs to run for a longer time by swapping the discharged battery in two minutes and travel for another 80 km. Inaugurating the […] Read more
New York To Get 100 MW Battery Storage Updated On Thu, Dec 17th, 2020 by Saurenergy Con Edison, a US-based energy company and 174 Power Global, a solar project development company have struck a deal that will place the largest battery storage project in New York on an industrial site in Astoria, Queens, the batteries will be able to discharge 100 megawatts of electricity. This East River Energy Storage System will […] Read more
Uneven Grouping of Renewables Leading to Curtailments in India: TCCL Updated On Thu, Dec 17th, 2020 by Saurenergy Electricity demand in India grew at a CAGR of 5.1% over the last decade from FY 2011 to FY 2019. However, this fell to a mere 1.2% in FY 2020. India was already facing an economic slowdown, with industrial output declining to an 8-year low during the year, but compounded by the impact of the […] Read more
