First Solar Sells North American O&M Business to NovaSource Updated On Fri, Aug 7th, 2020 by Saurenergy First Solar has announced that it has entered into an agreement under which NovaSource will acquire its North American O&M business. American manufacturer of solar panels, and a provider of utility-scale PV power plants and supporting services – First Solar has announced that it has entered into a Membership Interest Purchase Agreement with NovaSource Power […] Read more
MoP Extends ISTS Charges Waiver for Solar & Wind Projects Until 2023 Updated On Fri, Aug 7th, 2020 by Saurenergy MoP has extended the waiver of ISTS charges and losses on the supply of power generated from solar and wind power projects until June 30, 2023. The Ministry of Power (MoP) has notified that it has extended the waiver of inter-state transmission system (ISTS) charges and losses on the supply of power generated from solar and wind […] Read more
India is Power Surplus, E-Mobility Solutions in Interest of the Country: Gadkari Updated On Fri, Aug 7th, 2020 by Saurenergy Union Minister Nitin Gadkari believes India is power surplus so the benefits of e-mobility solutions are very much in the interest of the country. Union Minister for Road Transport and Highways, Minister of Shipping, and the Minister of Micro, Small and Medium Enterprises, Nitin Gadkari believes India is power surplus so the benefits of e-mobility […] Read more
Mercedes-Benz and CATL Expand Partnership on EV Battery Technology Updated On Thu, Aug 6th, 2020 by Saurenergy Mercedes-Benz and CATL have entered the next stage of their partnership and will create cutting-edge battery technology for the German firms’ EV portfolio. Mercedes-Benz and Contemporary Amperex Technology Limited (CATL) have entered the next stage of their strategic partnership and will create cutting-edge battery technology in support of the high-volume electrification of the Mercedes-Benz model portfolio. […] Read more
Bosch Signs 3 Long-Term Agreements to Procure Solar Power Updated On Thu, Aug 6th, 2020 by Saurenergy Bosch has signed three exclusive long-term purchasing agreements for solar electricity with the providers RWE, Statkraft, and Vattenfall. Bosch is expanding in-house power generation at its locations and is set to be a long-term customer of renewable electricity from newly constructed wind and solar parks. To this end, the supplier of technology and services has […] Read more
Retiring old Thermal Plants the 1st Hurdle in Reducing Discoms Debts: IEEFA Updated On Thu, Aug 6th, 2020 by Saurenergy Discoms need to work with state governments to retire their old inefficient and expensive thermal power plants as the first step in reducing their debts A new report by IEEFA proposes recommendations to reduce financial and operational inefficiencies across India’s power distribution sector, which as of May 2020 had accumulated massive overdue payment liabilities of […] Read more
CERC Grants Approval for Third Power Exchange in India Updated On Thu, Aug 6th, 2020 by Saurenergy CERC has approved Pranurja Solutions, promoted by BSE, PTC Ltd and ICICI Bank, to establish what will become the third power exchange in India The Central Electricity Regulatory Commission (CERC) has approved the petition filed by Pranurja Solutions Ltd, a company promoted by BSE, PTC Ltd and ICICI Bank, to establish what will become the […] Read more
KfW Grants Rs 600 Cr Loan for 125 MW Solar Project in West Bengal Updated On Thu, Aug 6th, 2020 by Saurenergy KfW has granted a Rs 600 crore loan to WBSEDCL for the work on the first phase of a 125 MW solar project in the Purba Medinipur district of West Bengal. German state-owned development bank KfW has granted a Rs 600 crore loan to the West Bengal State Electricity Distribution Company Limited (WBSEDCL) for the […] Read more
AEP Energy Partners Seeking Wind and Solar Energy Projects in PJM Updated On Wed, Aug 5th, 2020 by Saurenergy AEP Energy Partners (AEPEP), a subsidiary of AEP is seeking proposals for off-take from new solar and new or repowered wind facilities located in PJM. AEP Energy Partners (AEPEP), a subsidiary of American Electric Power Company (AEP) is seeking proposals for off-take from new solar and new or repowered wind facilities located in PJM. The […] Read more
