Investment Crunch, Discoms Twin Hurdles to India’s 2070 RE target : Moody’s Updated On Mon, Jun 13th, 2022 by Saurenergy Moody’s Investors Service said in a report on June 13 that India needs a shift in its energy mix toward renewable energy and improve financial health of state owned distribution companies (discoms) if it is to reach its net-zero emission by 2070. It is worth remembering that in just the Modi government’s tenure, we have […] Read more
MSEDCL Invites Bids From Across The World For Power From 500 Mw Updated On Mon, Jun 13th, 2022 by Saurenergy Taking a different path from previous bids, Maharashtra State Electricity Distribution Company Limited (MSEDCL) has invited bids from across the world to procure power from 500 MW of intrastate grid-connected solar power projects (Phase-VII) for 25 years. Previous bids meant for purchase of power were invited from both interstate or intrastate grid connected solar projects. […] Read more
Suzuki Buys RE From ReNew Power For Indian Plant Updated On Fri, Jun 3rd, 2022 by Saurenergy Suzuki Motor has begun to buy wind and solar power for its plant in Gujarat from ReNew Power as part of its drive to cut about 6% of the Japanese automaker’s global carbon dioxide emissions. As Suzuki’s biggest market, India accounted for about 60% of its global production of four-wheeled vehicles last fiscal year and […] Read more
Alcoa Signs Contract for Renewable Power to Support Restart of Aluminum Smelter Updated On Fri, May 20th, 2022 by Saurenergy Alcoa Corporation has announced the signing of a contract for renewable energy to support the planned restart in 2024 of aluminum smelting at the San Ciprián smelter in Spain. The official statement of Alcoa has said that the long-term power purchase agreement (PPA) is with Greenalia, an independent renewable energy developer and producer. Subject to […] Read more
AES to provide 450 MW renewable energy to Amazon Updated On Mon, May 9th, 2022 by Saurenergy Virginia, US based AES Corporation has announced that it has entered into two renewable energy Power Purchase Agreements (PPAs) with global e-commerce and cloud giant Amazon. As part of the agreements, AES will deliver renewable energy in the CAISO (California Independent System Operator) market and source it from a combined 450 MW of solar and […] Read more
Cleantech Solar Commissions 625 kWp Rooftop Solar for Yachiyo India Updated On Fri, Apr 29th, 2022 by Saurenergy Cleantech Solar has announced that it has commissioned a 625 kWp rooftop solar photovoltaic (PV) system at the manufacturing facility of Yachiyo India Manufacturing Private Limited in Bhiwadi, Rajasthan. Cleantech Solar said that the project was executed in record time, taking just 59 days from PPA signing to commissioning, including obtaining all regulatory and net […] Read more
Mauritius Invites Tenders for 140MW Solar Plus Storage Updated On Wed, Mar 23rd, 2022 by Saurenergy Island nation Mauritius’s Government is looking to expand its solar power capacity by 140MW. The Central Electricity Board (CEB) of Mauritius has issued two separate tenders for the development of 140MW of solar-plus-storage capacity. The authority has not specified the separate capacity of the storage systems in the two projects. In the first tender, the […] Read more
Saudi Arabia Signs PPA Contracts for Solar Power Deals Worth $665 Million Updated On Wed, Mar 9th, 2022 by Saurenergy The Kingdom of Saudi Arabia is bullish on raising the renewable share in its energy mix as it has awarded contracts for two new solar power projects. These projects will make a combined capacity of one gigawatt. Saudi Arabia is world’s largest oil exporter but has a huge target to add 60GW of solar power to […] Read more
SB Energy Order Fresh 1.5 GW Solar Modules from First Solar in USA Updated On Thu, Mar 3rd, 2022 by Saurenergy SB Energy Global has said that it has placed an order for 1.5 GW ultra-low carbon thin-film solar modules necessary for it’s 4GW solar and storage development projects in the United States. The modules will be sourced for multiple years from First Solar, the largest manufacturer of thin-film modules in the US. SB Energy Global […] Read more