Discoms Could Save ~Rs 22K Cr due to Indexed RE Tariff: IEEFA & CEEW Updated On Thu, Oct 22nd, 2020 by Saurenergy “Our modelling shows that the Discoms could save up to Rs 21,880 crore over the next five-year period under a partially indexed tariff structure” The inflation indexation of tariffs for future solar capacity could provide much-needed financial respite to the distressed power distribution sector (Discoms) and help India move away from coal-fired power, according to […] Read more
Metropolitan to Optimize Solar Energy With Battery Storage Systems Updated On Mon, Oct 19th, 2020 by Saurenergy The Metropolitan Water District of Southern California is preparing to build four new battery energy storage systems that will boost the district’s energy resilience and cut operational costs by optimizing solar power and reducing peak load at its facilities. The agency’s board of directors Tuesday voted to authorize $2.2 million to design the battery systems […] Read more
Penn State Powers Up with Solar Updated On Sat, Oct 17th, 2020 by Saurenergy Penn State announced that this month the University has begun purchasing renewable electricity generated from three Lightsource bp solar farms that have completed construction in Franklin County. The projects were initiated in early 2019 upon the signing of a 70 megawatt Power Purchase Agreement (PPA) under which Penn State would purchase 100% of the electricity […] Read more
Solar-led Renewables Sector Will Be A Top draw For Global Investors Updated On Sat, Oct 17th, 2020 by Saurenergy India’s renewable energy market led by solar energy will likely be one of the top five sectors for the country that will attract global investments, Deepak Bagla, chief executive officer of Invest India told a conference organised by the International Solar Alliance (ISA) on Friday. He said there was a high degree of innovation characterising […] Read more
Each new Wind Turbine Installed in Europe Generates €10m of Economic Activity Updated On Fri, Oct 16th, 2020 by Saurenergy Wind energy is 300,000 jobs in Europe and contributes EUR 37 billion to EU GDP every year according to WindEurope’s new report ‘Wind Energy and economic recovery in Europe – How wind energy will put communities at the heart of the European recovery”. European leadership in wind energy will continue to boost jobs and benefit communities. Delivering the National Energy and Climate Plans is […] Read more
CCI Approves Acquisition of AGE’s Solar Assets by Adani-Total JV Updated On Thu, Oct 15th, 2020 by Saurenergy CCI has approved the acquisition of solar energy generation assets of AGE10L by AGE23L, which is the JV controlled by Total Solar and Adani Green Energy. The Competition Commission of India (CCI) has approved the acquisition of solar energy generation assets of Adani Green Energy Ten Limited (AGE10L) by Adani Green Energy Twenty-Three Ltd (AGE23L), […] Read more
U.S. Off-Site Solar Installations Gather Pace Despite Pandemic Updated On Tue, Oct 13th, 2020 by Saurenergy A rapid growth in the U.S. off-site corporate solar projects are set to accelerate further with the covid-19 pandemic taking a large toll on onsite installations, according to a Solar Energy Industries Association (SEIA) report. Over the next three years, nearly 60% of all corporate capacity installed is expected to be off site. Since 2015, nearly […] Read more
Siemens Gamesa Celebrates 372 MW Win For Wind Energy In Sweden Updated On Tue, Oct 13th, 2020 by Saurenergy In its largest ever order in the nordic region, Siemens Gamesa has closed an order for its 5.X platform with a new deal to supply 372 MW of the SG 5.8-170 turbine for the Björnberget project in Sweden. The wind farm, owned by asset manager Prime Capital and independent power producer Enlight, takes the total […] Read more
As China Starts Giant Solar Park, Four Giant Parks For the Future Beckon Updated On Tue, Oct 13th, 2020 by Saurenergy The world’s largest single location solar plant, of 2.2 GW capacity was inaugurated in China’s Quinghai province this month. Built by state owned utility Huanghe Hydropower Development, the massive plant touts a special achievement along with its size . It has been built in the shortest time among plants of comparable sizes. That single fact […] Read more
