Iberdrola Acquires New Mexico and Texas Utility PNM Resources Updated On Fri, Oct 23rd, 2020 by Saurenergy Iberdrola, through its US subsidiary AVANGRID, has announced the acquisition of PNM, the largest utility in New Mexico with operations in Mexico. Iberdrola, through its US controlled subsidiary AVANGRID, has announced the acquisition of PNM. This friendly transaction, recommended by PNM’s board of directors, will be effected via merger. PNM’s shareholders will receive $4.3 Bn […] Read more
SECI Issues RfS for 1200 MW Wind-Solar Hybrid Projects Updated On Fri, Oct 23rd, 2020 by Saurenergy SECI has issued the RfS document for setting up of combined 1200 MW wind-solar ISTS-connected hybrid power projects anywhere in India (Tranche – III). The Solar Energy Corporation of India (SECI) has issued the Request for Selection (RfS) document for the selection of project developers for setting up of combined 1200 MW wind-solar ISTS-connected hybrid […] Read more
MNRE Issues Guidelines for Procurement of Wind-Solar Hybrid Power Updated On Thu, Oct 22nd, 2020 by Saurenergy MNRE has issued the guidelines for the procurement of power/ electricity from wind-solar hybrid power projects through a transparent bidding process. The Ministry of New and Renewable Energy (MNRE) in its latest notification has issued the guidelines for the procurement of power/ electricity from wind-solar hybrid power projects through a transparent bidding process. Addressed to […] Read more
Discoms Could Save ~Rs 22K Cr due to Indexed RE Tariff: IEEFA & CEEW Updated On Thu, Oct 22nd, 2020 by Saurenergy “Our modelling shows that the Discoms could save up to Rs 21,880 crore over the next five-year period under a partially indexed tariff structure” The inflation indexation of tariffs for future solar capacity could provide much-needed financial respite to the distressed power distribution sector (Discoms) and help India move away from coal-fired power, according to […] Read more
EV Startup Etrio Enters Electric 3-Wheeler Segment With new Launch Updated On Wed, Oct 21st, 2020 by Saurenergy Etrio has expanded its product portfolio with the launch of its new electric 3-wheeler range of products under the brand name “Touro”. Etrio, one of India’s fastest-growing electric vehicle (EV) startups with the aim of electrifying intracity logistics has expanded its product portfolio with the launch of its new electric 3-wheeler range of products under […] Read more
Engie EPS Unveils Hydrogen-Based Energy Storage System in Greece Updated On Wed, Oct 21st, 2020 by Saurenergy Engie EPS has unveiled its hydrogen-based energy storage system built with its proprietary technology in Greece. Engie EPS, has announced the unveiling of the hydrogen-based energy storage system built with its proprietary technology in Agkistro, Greece. The Agkistro site, presented in October in an event attended by numerous representatives of Greek authorities and of the […] Read more
REC Tenders for Solar Street Lights in Rural and Tribal Areas of Nashik Updated On Wed, Oct 21st, 2020 by Saurenergy REC has tendered for the procurement and installation of 1650 solar street lights in the rural and tribal areas of Nashik district of Maharashtra. The Rural Electrification Corporation (REC) through its REC Foundation has issued tender for the engagement of PMA/ implementing agency for the procurement and installation of 1650 solar street lights in the […] Read more
GAIL Seeking PMC Services for 2.64 MW Rooftop Solar Project Updated On Wed, Oct 21st, 2020 by Saurenergy GAIL has issued a tender for the hiring of PMC services for setting up a 2.64 MW rooftop solar power project at the GAIL Pata Plant in Uttar Pradesh. GAIL (India) Limited, the largest state-owned natural gas processing and distribution company and the youngest Maharatna, has issued a tender for the hiring of Project Management […] Read more
Andhra Pradesh Planning for 7 Storage Plants Worth Nearly 6300 MW Updated On Wed, Oct 21st, 2020 by Saurenergy The Andhra Pradesh Government is planning to set up seven Pumped Hydro Storage Power Projects (PSP) in the state, to balance renewable energy projects. The state government of Andhra Pradesh is planning to set up seven Pumped Hydro Storage Power Projects (PSP) as part of its decision to promote new renewable energy power plants in the […] Read more
