CERC Amends February 6 Order On DSM Regulations To Cover High Price-DAM Updated On Mon, Apr 10th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in a suo-motu petition, amended its earlier Order of February 6, 2023, relating to its (Deviation Settlement Mechanism and Related Matters) Regulations, 2022. The CERC said it was done to include the changes in DSM Regulations and extend the same for the High Price-Day Ahead Market (HP-DAM). In its February 6 […] Read more
Asian Infrastructure Investment Bank Funds Masdar Solar Projects in Uzbekistan Updated On Mon, Apr 10th, 2023 by Saurenergy The Asian Infrastructure Investment Bank (AIIB) has signed three new project finance loan agreements in the aggregate amount of $83.6 million as part of a $396.4 million debt financing to Masdar for the construction of three greenfield solar PV power plants in Samarkand, Djizzakh and Surkhandarya regions of Uzbekistan. Masdar has said that the Asian […] Read more
Avaada Energy Bags 421 MW Solar Project for Damodar Valley Corporation Updated On Fri, Apr 7th, 2023 by Saurenergy Avaada Energy, an arm of Avaada Group – an integrated energy enterprise with business interests across the energy transition value chain, has won the 421 MW (DC) ISTS-connected solar PV bid in an auction conducted by REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Ltd., on behalf of Damodar Valley […] Read more
NextEnergy, Statkraft Sign PPA For 210 MW Portuguese Solar Projects Updated On Wed, Apr 5th, 2023 by Saurenergy NextEnergy Capital, a UK based global solar specialist in the renewables sector, has announced the signing of a PPA in Portugal with Statkraft AS, a Norwegian state owned utility. The three solar plants owned by NextPower III ESG, an international solar fund managed by NextEnergy Capital, have a total installed capacity of 210MW and are […] Read more
How Flexible Solar Panels are Changing the Way We Generate Solar Energy Updated On Wed, Apr 5th, 2023 by Saurenergy Installing solar has become one of the most attractive ways to contribute to the green energy future. Thanks to various advancements in solar technology, like bifacial solar modules, solar trackers, agrivoltaics, etc., solar is now more optimized to adapt to various needs, such as maintaining the aesthetic of buildings and more. While at the same […] Read more
CERC Cuts Ceiling Price For Power Trading, HP-DAM Peak Cut From Rs 50 To Rs 20/unit Updated On Mon, Apr 3rd, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest suo-moto order has approved a reduction of the ceiling prices for different existing Day-Ahead Markets (DAM). It comes days ahead of the summer season when the peak demands are anticipated to escalate sharply, with the government making strenuous efforts to keep the lights on with a […] Read more
Renalfa Acquires 73 MW Bulgarian Wind Facility From Alpiq Updated On Wed, Mar 29th, 2023 by Saurenergy Austrian renewable energy company Renalfa IPP has agreed to acquire the Vetrocom wind farm situated in Bulgaria from Switzerland based Alpiq. With a capacity of 72.5 MW, the wind farm, which is wholly owned by Alpiq, generates yearly an average of 135 GWh of climate-friendly electricity. Renalfa is a joint venture between the French investment […] Read more
Agrivoltaics Progress As Solution for Food Security & Climate Change Updated On Tue, Mar 28th, 2023 by Saurenergy The substantial increase in the human population and the anthropogenic burden on the environment have led to two significant challenges for the world’s future development: climate change, with a focus on green and renewable energy to combat the global energy crisis, and rising hunger and malnutrition. While the former is often in the limelight on […] Read more
Wärtsilä, Eolian Complete 200 MW Standalone ESS in Texas Updated On Tue, Mar 28th, 2023 by Saurenergy Finnish engineering company firm has announced that it has reached commercial operation date (COD) for two major interconnected energy storage systems in South Texas totaling 200 MW and owned by Eolian, a portfolio company of Global Infrastructure Partners. The two ESS projects are called Madero and Ignacio plants that will be operated using Eolian software, […] Read more
