Canadian Solar sells 70% stake in key Brazilian solar projects to SPIC Brasil Updated On Tue, Jun 7th, 2022 by Saurenergy In a major deal in the South American renewable energy market, Canadian Solar Inc. today announced it signed an agreement with SPIC Brasil to sell 70% stake in its 738 MWp solar power projects – Marangatu and Panati-Sitia in Brazil. SPIC Brasil is a leading power generation company in Brazil. SPIC Brasil is a leading […] Read more
RE Success Could Have Prevented Frequent Power Cuts In AP Updated On Mon, Jun 6th, 2022 by Saurenergy Andhra Pradesh could have averted the power crisis over the last few months had it met its renewable energy targets. This was the finding of a report from Climate Risks Horizons, a Bengaluru based Thinktank. AP experienced more power cuts than other states in India facing a power crisis. According to the report from Climate […] Read more
Renewables To Constitute 33% of China’s Electricity By 2025 Updated On Fri, Jun 3rd, 2022 by Saurenergy China’s planning agency has formulated a new five year plan for the development of renewable energy in the country and aims to equip the grid with 33 per cent of power coming from renewable sources by the middle of this decade. The share of renewable energy in the national grid was 28.8 per cent in […] Read more
UK Carbon Capture Firm Storegga Raises £51.3m Funding Updated On Wed, May 18th, 2022 by Saurenergy UK cleantech and renewable energy firms continue to get foreign capital every day. UK carbon capture firm Storegga has announced a £51.3m funding boost on May 17 from a host of international backers, a report mentioned adding further that UK firms enjoyed the confidence of international investors counting on it to drive the transition to […] Read more
Saatvik Solar Will Supply 50 MW Modules to Raghanseda Solar Project Updated On Tue, Mar 8th, 2022 by Saurenergy PV Module manufacturer Saatvik Solar has secured an order for manufacturing and supplying 50 MW Solar modules through Bharat Heavy Electricals Limited (BHEL). Saatvik Solar was declared L1 bidder in a reverse bidding auction and the supply of these modules will be made at GSECL 100 MW Raghanseda Solar Park. The project is located in Gujarat’s Banaskantha district. It’s […] Read more
SECI Invites Tender for 5MW Agri Solar Power Project in Kashmir Updated On Tue, Mar 8th, 2022 by Saurenergy The Solar Energy Corporation of India Limited (SECI) has invited tenders for design, engineering, supply, construction, erection, testing and commissioning of a 5 MW(AC) grid connected saffron based Agro-Solar PV Power Plant at Pampore, Pulwama, Jammu and Kashmir. The notification by SECI also holds that the tender also includes operations and maintenance responsibilities for 10 […] Read more
MNRE Minister confirms fresh bids to be called for expanded Solar PLI Scheme Updated On Sun, Feb 20th, 2022 by Saurenergy Union minister for Power and Renewable Energy RK Singh has said that the fresh bids will be invited for the setting up of 40,000 MW production capacity for solar modules and cells under the production-linked incentive (PLI) scheme. Finance Minister Nirmala Sitharaman had made an additional outlay of Rs 19,500 crore for the PLI scheme […] Read more
US Researchers Pursue 5¢/kWh Energy Cost Goal with New CSP System Updated On Thu, Feb 17th, 2022 by Saurenergy The US National Renewable Energy Laboratory (NREL) and the Department of Energy (DoE) are working on a state-of-the-art concentrated solar power (CSP) facility as the government looks to reduce the energy cost to a mere 5 cents per kWh. The new technology is expected to have the potential to lower the cost of renewable energy […] Read more
APTEL Clears Way For BSES Discoms to exit NTPC’s Dadri-I PPAs Updated On Wed, Feb 16th, 2022 by Saurenergy In a major relief to BSES Yamuna and BSES Rajdhani, the Appellate Tribunal for Electricity (APTEL) has upheld the appeal by the two DISCOMS and allowed them to withdraw from the power purchase agreements (PPA) and supplementary PPA with NTPC’s Dadri I plant. The key reason behind the order is that the power generating plant […] Read more
