Korea Zinc Subsidiary Ark Energy In Major Renewable Deals Updated On Thu, May 12th, 2022 by Saurenergy Ark Energy Corporation Pty Ltd, an Australian subsidiary of zinc, lead and silver giant Korea Zinc Co. Ltd, has acquired a 9 GW solar and wind pipeline from renewable energy developer Epuron Holdings Pty Ltd. Yun B. Choi, Founder and Chairman of Ark Energy and Vice Chairman of Korea Zinc, said the Epuron acquisition is an important […] Read more
Borosil Renewables Plans To Become Largest Non Chinese Solar Glass Manufacturer Updated On Tue, May 10th, 2022 by Saurenergy Solar panel glass manufacturer Borosil Renewables has announced that it will invest Rs 1,500 crore over the next two years to expand its capacity by nearly 2.5 times and supply glass for 15 GW of solar modules by FY25. As of March 2022, India has around 15 GW of solar module manufacturing capacity. Due to stiff […] Read more
In Relief For Developers, TNERC Revises Order On Solar Tariff By Changing Accounting Norms Updated On Mon, May 9th, 2022 by Saurenergy In a relief to the developers involved, Tamil Nadu Electricity Regulatory Commission (TNERC) has revised solar tariff for FY 2017-18 on an Appellate Tribunal for Electricity (APTEL) remand matter filed by National Solar Energy Federation of India Limited (NSEFI), the latter has reported. In its latest order, TNERC has revised tariff from Rs 5.10 to 5.68/kWh, […] Read more
APTEL Asks GERC To Reconsider Decision To Adjust Dues From Wind Project Against Unrelated Default Updated On Thu, Apr 7th, 2022 by Saurenergy In a rather interesting judgement, the Appellate Tribunal for Electricity (APTEL) has set aside an order passed by the Gujarat Electricity Regulatory Commission (GERC) in 2019 to reject a wind developer’s claims for the payment of dues. APTEL has ordered GERC to review the matter with an “open mind” and “not feeling bound by any view […] Read more
Oman’s 25 GW RE Project To Become Future Ready Updated On Thu, Apr 7th, 2022 by Saurenergy An international consortium is developing a 25GW renewable project in Oman to produce 1.8 millions of tons per annum of green hydrogen and up to 10 million tons per annum of green ammonia by 2030 to make the Middle Eastern country a leading player in truly zero carbon fuels. The consortium — comprised of OQ […] Read more
Haryana invites bids for setting up 4.7 MW solar power plants Updated On Mon, Apr 4th, 2022 by Saurenergy Two new tenders have been issued to seek applications for the development of solar power plants, totalling 4.7 MW capacity, at various locations in Haryana. The tender documents can be accessed here. Tender 1: Uttar Haryana Bijli Vitran Nigam Limited (UHBVN) has invited bids from interested farmers, panchayats, co-operatives, farmer producer organizations (FPO), and water […] Read more
As Europe Changes Solar Manufacturing, Overcapacity Risks Loom Updated On Fri, Apr 1st, 2022 by Saurenergy The European Solar Manufacturing Council (ESMC) has welcomed the forthcoming EU strategy for solar energy as the framework for building long-term competitiveness and critical mass of PV manufacturing capacities in Europe. This is crucial for reducing strategic dependencies, ensuring energy security and boosting the economic growth of the EU, states the council. As the European-wide […] Read more
Andrew Forrest, The Aussie Metals Billionnaire-turned Green Investor Updated On Thu, Mar 31st, 2022 by Saurenergy “Our organisations will be going like crazy because for us it’s a minimum $50 billion expenditure,” said Fortescue Metals Group’s billionaire founder Andrew Forrest this week while referring to a major agreement, as per which his Australian iron ore mining company will produce 10 million tonnes of hydrogen for German energy giant E.ON. Fortescue later […] Read more
CSIR-CMERI and their record-breaking solar trees need a pause Updated On Tue, Mar 29th, 2022 by Saurenergy Earlier this month on March 14th, the Council of Scientific and Industrial Research’s Central Mechanical Engineering Research Institute (CSIR-CMERI) unveiled the world’s largest solar tree, officially certified by the Guinness World Records (GWR), which has been installed at its Centre of Excellence for Farm Machinery in Ludhiana, Punjab. Rated for a capacity of 53.6 kW, […] Read more
