Author: Saur News Bureau

Vestas Wins 534 MW Order in Brazil to Extend Casa dos Ventos’ Wind Park

With reference to company announcement no. 43/2020 of 1 December 2020, Casa dos Ventos, one of the pioneers and largest investors in the development of wind projects in Brazil, has placed a 534 MW order for the second stage of the of the Rio do Vento complex, located in the state of Rio Grande do […]

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Ørsted Divests 25% of 1.1 GW Ocean Wind Offshore Project

Ørsted has entered into an agreement to sell a 25% ownership interest in its 1,100 MW Ocean Wind offshore wind project to New Jersey’s PSEG. Ørsted has entered into an agreement to sell a 25 percent ownership interest in its 1,100 MW Ocean Wind offshore wind project to New Jersey’s Public Service Enterprise Group (PSEG). […]

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Sunnova Closes Securitization of Residential Solar Systems

Sunnova Energy International, one of the leading U.S. residential solar and storage service providers, announced that it closed its securitization of leases and power purchase agreements on November 30, 2020. “We are pleased to report the closing of our most successful asset backed securitization to date,“ said William J. (John) Berger, Chief Executive Officer of […]

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Discoms’ Dues to Power Gencos Rises 29% YoY to Rs 1.38 Lakh Crore in October

Discoms total dues owed to Gencos rose by over 29 percent year-on-year (YoY) to reach Rs 1.38 lakh crore in October 2020. Power Distribution Companies (Discoms) total dues owed to power producer i.e. generation companies (Gencos) rose by over 29 percent year-on-year (YoY) to reach Rs 1,38,187 crore (Rs 1.38 lakh crore) in October 2020. […]

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MNRE Issues Guidelines For PM-KUSUM Scheme At Feeder Level

The Ministry of New and Renewable (MNRE), after consultation with state governments, has decided to issue Guidelines for Implementation of Feeder Level Solarisation under Component-C of PM-KUSUM Scheme. The Scheme consists of three components. Component-A includes installation of Decentralized Ground Mounted Grid Connected Renewable Power Plants, Component-B includes installation of standalone Solar Powered Agriculture Pumps […]

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Ørsted Takes FID on 430 MW Solar Project Near Houston

Ørsted has taken final investment decision on the Old 300 Solar Center, which is located in Fort Bend County, 40 miles from Houston, Texas, and is expected to come online in Q2 2022. Over the past year, Ørsted has significantly increased its solar portfolio and with the addition of Old 300, now has 1.1 GW […]

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Peachtree Corners Smart City and The Ray Install USA’s First Road Surface Solar Panels on Autonomous Vehicle Lane

Peachtree Corners – the nation’s first smart city environment powered by real-world infrastructure and next-generation connectivity – today unveiled the city’s new solar roadway system which produces energy for a solar-powered EV charging station located at city hall. The installation also marked the first road surface-powered solar panels to be activated in a United States city. […]

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LONGi Becomes First Solar Brand to Exceed 20GW in module shipments in 2020

LONGi has set a new record for being the first solar brand to exceed 20GW in shipments of PV modules in 2020. Since its foundation in 2000, LONGi has always been market oriented and customer focused, continuously developing high-efficiency, high-reliability and high-quality solar products and PV solutions in order to provide customers with value-added services. […]

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