APTEL Asks TANGEDCO to Reimburse Solar Developers for Excess Energy Demand Updated On Thu, Dec 1st, 2022 by Saurenergy The Appellate Tribunal For Electricity (Aptel) has asked The Tamil Nadu Generation and Distribution Corporation Limited (Tangedco) to reimburse solar power developers for excess energy purchased from them exceeding the capacity utilization factor (CUF) of 19%. The said solar power developers include Crescent Power Limited, B.S. Apparel and Ranergy Solutions Pvt. Ltd. Along with tariff […] Read more
L&T Picks LONGi for Saudi Projects With 1292 MW Module Order Updated On Thu, Dec 1st, 2022 by Saurenergy Read more
AMEA Power Closes Financing of 1 GW Solar, Wind Project for US$1.1 Bn in Egypt Updated On Thu, Dec 1st, 2022 by Saurenergy AMEA Power, a Dubai-based developer, owner and operator of renewable generation assets, has closed the financing of 1 GW of renewable energy projects. The projects, which are to come up in Egypt, entail a 500 MW solar PV plant and a 500 MW wind farm. The US$1.1 billion investment for the project has been provided […] Read more
Meta & D. E. Shaw Renewable Sign 200 MW Clean Power Project in Arkansas Updated On Thu, Dec 1st, 2022 by Saurenergy The signing of a long-term renewable energy offtake deal with Meta was recently announced by D. E. Shaw Renewable Investments (DESRI), a significant U.S. producer of renewable energy. To come up in Phillips County, Arkansas, the Long Lake Project (also known as Long Lake) will be a 200 MWac project. To meet the region’s expanding […] Read more
MG Motor India Reports Retail Sales of 4079 Units in November 2022 Updated On Thu, Dec 1st, 2022 by Saurenergy The Indian subsidiary of Chinese automotive manufacturer, MG Motor India, reported 4079 retail sales in November 2022. The automaker’s emphasis on the customer experience is evident in its top spot in both the Sales Satisfaction Index (SSI) Study and the J.D. Power-NielsenIQ 2022 India Customer Service Index (CSI) Study for the second year in a […] Read more
L&T Picks LONGi for Saudi Projects With 1292 MW Module Order Updated On Thu, Dec 1st, 2022 by Saurenergy L&T has picked Chinese major LONGi to provide 1292MW of PV modules for two solar projects under construction in Saudi Arabia. LONGi VP Dennis She and A. Ravindran, Senior Vice President and Head of the Renewables Strategic Business Group at L&T, jointly signed the agreement, involving two Saudi Arabian projects for which L&T is acting […] Read more
GEDA Floats Tender for Setting Up 40 Electric Vehicle Charging Stations Updated On Thu, Dec 1st, 2022 by Saurenergy The commissioning, operation, and maintenance of 40 electric vehicle (EV) charging stations at various places around Goa are being solicited by the Goa Energy Development Agency (GEDA). Through the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME II) program, the charging stations will be installed on a design, build, operate, finance, and transfer […] Read more
Pune Municipal Floats Tender for Setting Up EV Charging Stations Updated On Thu, Dec 1st, 2022 by Saurenergy Pune Municipal Corporation (PMC) is looking for suggestions regarding the positioning, operation, and maintenance of public EV charging stations. There are 92 locations in PMC-owned parking lots, gardens, hospitals, and auditoriums where charging stations can be installed. The commissioning of the charging stations will be done through a public-private partnership model. The last date for […] Read more
With LPS Rules, Significant Improvement in Payment of Outstanding Dues from DISCOMs to GENCOs Updated On Wed, Nov 30th, 2022 by Saurenergy The outstanding dues of DISCOMs to GENCOs have been a matter of concern for quite some time now. As of June 2022, these dues stood at Rs 1.32 lakh- a 4 per cent YoY increase. As of August 2022, a large number of state DISCOMs including Maharashtra, Tamil Nadu, Telangana, Andhra Pradesh, Uttar Pradesh, Jammu […] Read more
