Power Insights from China For 2020-Surge for Wind, Solar, Consumption Up 3.1% Updated On Thu, Jan 21st, 2021 by Saurenergy On January 19, China’s National Energy Administration (NEA) released data on electricity consumption for the full year (2020). And the numbers are surprising, in more ways than one. The big surprise of 2020 was the newly installed capacity of power sources. At 190.87 million kilowatts, these included 13.23 million kilowatts of hydropower, 71.67 million kilowatts […] Read more
Power Ministry Reconsidering 10 kW Net Metering cap for Rooftop Solar Updated On Mon, Jan 18th, 2021 by Saurenergy The Ministry of Power will reexamine capping net metering at 10 kW for rooftop solar installations under the new consumer rules Clarification on Electricity (Rights of Consumers) Rules 2020 pic.twitter.com/FaRdTLJIA5 — Ministry of Power (@MinOfPower) January 16, 2021 The Ministry of Power (MoP) has issued a clarification for its Electricity (Rights of Consumers) Rules 2020, […] Read more
Total and 174 Power to Develop 1.6 GW Solar & Storage Projects in US Updated On Fri, Jan 15th, 2021 by Saurenergy Total and 174 Power Global will co-develop 12 utility-scale solar and energy storage projects of 1.6 GW cumulative capacity in the US Total and 174 Power Global, a wholly-owned Hanwha Group affiliate, have signed an agreement to form a 50/50 joint venture (JV) to develop 12 utility-scale solar and energy storage projects of 1.6 gigawatts […] Read more
Lightsource bp Signs Power Contract for 153 MW Solar Project in Texas Updated On Fri, Jan 8th, 2021 by Saurenergy Lightsource bp has secured a proxy generation power purchase agreement (pgPPA) with the Capital Solutions unit of Allianz Global Corporate & Specialty (AGCS), in partnership with Nephila Climate. The pgPPA is for electricity generated by Lightsource bp’s 153 megawatt Briar Creek solar farm, located in Navarro County, Texas. A pgPPA is an innovative renewable energy […] Read more
Andhra Pradesh’s 6400 MW Solar Bid Challenged By Tata Power Updated On Fri, Jan 8th, 2021 by Saurenergy Tata Power Renewable Energy has managed to get a stay from the Andhra Pradesh High Court on the massive 6,400 MW ultra mega solar project. The project was being projected by the state government as a clear sign of its recovery from the disputes it created with developers and its ability to draw investor interest […] Read more
Xcel Energy Releases RfP For 500 MW Solar Power Generation Updated On Thu, Jan 7th, 2021 by Saurenergy U.S. based Renewable Energy Provider, Xcel Energy has released a Request for Proposals (RfP) for the generation of approximately 500 MW of solar power near its Sherburne County (Sherco) Generating Station in Becker, Minnesota. The company serves approximately 3.7 million electricity and 2.1 million natural gas customers across parts of eight Midwestern and Western states, […] Read more
Tata Power to Develop 110 MW Solar Project for KSEBL Updated On Thu, Jan 7th, 2021 by Saurenergy Tata Power has announced that the company has received a LoA from KSEBL on January 6, 2021, to develop a 110 MW solar project. Tata Power, one of India’s largest integrated power companies, has announced that the company has received a Letter of Award (LoA) from the Kerala State Electricity Board Limited (KSEBL) on January […] Read more
ReneSola Power and Eiffel IG Sign MOU for JV to Fund Solar Development in Europe Updated On Wed, Jan 6th, 2021 by Saurenergy ReneSola Ltd (“ReneSola Power” or the “Company”), a leading fully integrated solar project developer, today announced that it signed a Memorandum of Understanding (MOU) with Eiffel Investment Group (“Eiffel”), a leading asset management firm with 3 billion euros under management, to establish a joint venture that will provide financing for ReneSola Power’s current and future solar projects […] Read more
Tata Power & SIDBI to Finance Rooftop Solar Projets for MSMEs Updated On Tue, Jan 5th, 2021 by Saurenergy Tata Power has partnered with SIDBI to offer an easy and affordable financing scheme for MSME customers in the rooftop solar segment. Tata Power has announced its partnership with SIDBI (Small Industries Development Bank of India) to offer an easy and affordable financing scheme for MSME customers in the rooftop solar segment. This scheme, the […] Read more
