EDF Renewables Signs Contract for Storage Expansion at Maverick 6 Updated On Tue, Sep 29th, 2020 by Saurenergy EDF Renewables has signed a storage contract for expansion to the previously announced 20-year solar PPA for the Maverick 6 project in California. EDF Renewables North America has announced the signing of a storage contract with CleanPowerSF as an expansion to the previously announced 20-year solar Power Purchase Agreement (PPA). The 100 megawatts (MWac) Maverick […] Read more
5 Solar Products that Impressed Us Updated On Mon, Sep 28th, 2020 by Saurenergy 1. SolarPuff Solar Lantern PRODUCT BRIEF: This award-winning solar light is engineered with an origami inspired, self-inflating design and creates beautiful, clean light in 3 colours: bright white, warm and multicolour. PRODUCT FEATURES: It’s light weight, just 2.5 ounces and it floats and can withstand complete immersion under water. For as many hours as you […] Read more
INKEL Commissions 0.6 MW Solar Plant in Kerala Under IPDS Scheme Updated On Mon, Sep 28th, 2020 by Saurenergy INKEL Limited has announced that it has commissioned a 0.6MW grid-connected solar power plant at a 110 kV KSEB Substation at Kottiyam in Kollam district of Kerala under the IPDS scheme. The project was inaugurated by M.M Mani Hon’ble Minister for Electricity on September 16, 2020. The project was executed by INKEL Limited (A Public-Private […] Read more
DVC to Execute 1776 MW Floating Solar Projects in West Bengal and Jharkhand Updated On Mon, Sep 28th, 2020 by Saurenergy The Damodar Valley Corporation (DVC) is planning to execute 1776 MW of floating solar projects in four of its dams in West Bengal and Jharkhand. State-owned thermal power major Damodar Valley Corporation (DVC) has announced that it will focus only on solar projects to add new capacity to its portfolio. According to a top company official, the […] Read more
NTPC Shifts Objective; to Stop Land Acquisition for Thermal Projects Updated On Mon, Sep 28th, 2020 by Saurenergy NTPC proposes to completely stop land acquisition for thermal projects and rather look for reducing its carbon footprint through a renewable energy push. India’s largest coal-fired power producer NTPC has announced that it proposes to completely stop land acquisition for greenfield thermal projects and rather look for reducing its carbon footprint through an aggressive renewable […] Read more
MNRE Issues Amendments for its Dispute Resolution Mechanism Updated On Mon, Sep 28th, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued amendments to the guideline for the operation of its Dispute Resolution Mechanism to consider the unforeseen disputes between solar and wind power developers and SECl/ NTPC/ NHPC, beyond their contractual agreements. A few key amendments made by the ministry: 1. The DRC will consider all […] Read more
India’s Solar Outlook Revised to Stable, Wind Continues Negative Trend Updated On Mon, Sep 28th, 2020 by Saurenergy India Ratings has maintained a negative outlook on India’s wind sector for 2HFY21, bur the solar sector outlook has been revised to stable from negative. India Ratings and Research (Ind-Ra) has maintained a negative outlook on India’s energy and transport infrastructure for the second half of FY2021, stemming from a likely low demand, driven by […] Read more
Restrictive Banking Provisions aren’t Helping Renewable Adoption in India Updated On Mon, Sep 28th, 2020 by Saurenergy After restrictive net metering regulations and withdrawal of waivers for open access renewable projects, regulators are now restricting banking facilities. Banking is important as it provides renewable developers a mechanism to utilise their excess generation and avail financial benefits in some cases, states an analyst by JMK Research. In the last year, some renewable energy-rich […] Read more
HSBC ‘Green Deposit’ for Corporates Updated On Sat, Sep 26th, 2020 by Saurenergy PRODUCT BRIEF: HSBC has launched its Green Deposit product in India for its corporate clients. The first-of-its-kind product for the Indian market, the Green Deposit will enable the bank’s clients to support greener more sustainable projects. PRODUCT FEATURES: The fixed tenure deposits through the product will go towards financing eligible businesses and projects that promote the […] Read more
