Author: Saur News Bureau

Duke Energy Adds 150 MW Solar Power In Florida

Duke Energy – St. Petersburg, US based RE player – has announced the completion of two key solar projects in Alachua and Suwannee counties in Florida. Together, the two sites will deliver 150 MW of clean, renewable energy to the grid to benefit Florida customers. These are latest sites in the company’s community solar program […]

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SunPower Secures $450 Million To Meet High Solar Loan Demand In US

North American solar power giant SunPower has secured financing commitments of more than $450 million for its residential solar and storage loan program in the US from HASI and from Crédit Agricole CIB. The vehicle will acquire loans made to SunPower customers and is non-recourse to SunPower. Through this transaction, SunPower Financial will continue to […]

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Avaada Energy Will Supply 560 MW Solar Power To MSEDCL

Mumbai based renewable energy company Avaada Energy has now bagged a 560 MWdc solar power project under which it will supply green electricity to Maharashtra State Electricity Distribution Co. Ltd (MSEDCL). The tariff decided is Rs 2.88 per unit and the order is bagged by Avaada through an e-reverse auction done by MSEDCL. This followed […]

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Global Lithium-Ion Battery Market To Touch USD 182.4 Billion by 2030: Report

A report by Grand View Research, a US-based market research firm claimed that the global Lithium-ion battery market might reach USD 182.53 billion by 2030, registering a growth of 18.9 percent. With this, the sector would have an 18.9 percent compound annual growth rate (CAGR).  The researchers claimed that the main thrust to the market would be […]

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MERC Allows TPSL To Supply Wind Energy From Its Hybrid Plant As A ‘Short-Term Measure’ 

The Maharashtra Electricity Regulatory Commission (MERC), in its latest order, allowed TP Saurya Limited (TPSL) to partially supply only wind power from its 300 Megawatt (MW) hybrid Power plants under a separate short-term power supply agreement.  The development came when the renewable energy developer petitioned to seek its approval. It had earlier signed a PPA […]

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India Closes FY23 With 12.8 GW Of Solar Additions

The March numbers for India’s power sector are finally out, and for solar especially, the slowdown seen since September has ensured that total capacity added during the year is less than Fy22. At 12.8 GW,  that has to go as a major disappointment for the sector, considering the lack of the kind of uncontrollable disruptions […]

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MSEDCL Issues RFP for Procurement of 88 MW Solar Power

Maharashtra State Electricity Distribution Co. (MSEDCL), a wholly owned corporate entity under the Maharashtra Government, has issued an RFP for the procurement of 88 MW (ac) solar power from projects to be developed in Nagpur region of maharashtra through competitive bidding process (followed by e-reverse auction). The last date for submission of bids is 08.05.2023. […]

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Australian Govt Picks Eku Energy for Canberra’s 500 MWh Big Battery Project

Eku Energy, which is the new global battery storage arm of Macquarie Group, has been picked by Australian Capital Territory government for Canberra’s Big Battery project. The Big Canberra Battery project is a large-scale storage facility in Williamsdale. Eku Energy will be responsible for building and operation of the project. The BESS project, pegged at […]

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