Foresight, Island GP Form JV to Develop 700 MW Solar Projects in the UK Updated On Fri, Oct 23rd, 2020 by Saurenergy Foresight Group and Island GP have formed a JV to develop a pipeline of greenfield solar projects worth a combined 700 MW across the UK. Foresight Group LLP and Island Green Power (Island GP) have announced the formation of a joint venture (JV) to develop a pipeline of greenfield solar projects across the UK. The […] Read more
Andhra Govt has Plans in Place to fit Electric Batteries in Autos Updated On Fri, Oct 23rd, 2020 by Saurenergy The Andhra government is mulling replacing existing IC engines in autos with electric batteries in a move aimed at lowering pollution levels in the major cities. The Andhra Pradesh government is mulling replacing existing internal combustion (IC) engines in auto-rickshaws (autos) plying in the key districts of the state with electric batteries in a move aimed at […] Read more
EDPR Reaches Agreement for Co-Development of 900 MW Wind Farms Updated On Fri, Oct 23rd, 2020 by Saurenergy EDPR has an agreement with Ellaktor, the largest infrastructure group in Greece, for the joint development of onshore wind opportunities in the country EDP Renováveis, S.A. (EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has announced that it has reached an agreement with Ellaktor, the largest infrastructure group […] Read more
Iberdrola Acquires New Mexico and Texas Utility PNM Resources Updated On Fri, Oct 23rd, 2020 by Saurenergy Iberdrola, through its US subsidiary AVANGRID, has announced the acquisition of PNM, the largest utility in New Mexico with operations in Mexico. Iberdrola, through its US controlled subsidiary AVANGRID, has announced the acquisition of PNM. This friendly transaction, recommended by PNM’s board of directors, will be effected via merger. PNM’s shareholders will receive $4.3 Bn […] Read more
SECI Issues RfS for 1200 MW Wind-Solar Hybrid Projects Updated On Fri, Oct 23rd, 2020 by Saurenergy SECI has issued the RfS document for setting up of combined 1200 MW wind-solar ISTS-connected hybrid power projects anywhere in India (Tranche – III). The Solar Energy Corporation of India (SECI) has issued the Request for Selection (RfS) document for the selection of project developers for setting up of combined 1200 MW wind-solar ISTS-connected hybrid […] Read more
MNRE Issues Guidelines for Procurement of Wind-Solar Hybrid Power Updated On Thu, Oct 22nd, 2020 by Saurenergy MNRE has issued the guidelines for the procurement of power/ electricity from wind-solar hybrid power projects through a transparent bidding process. The Ministry of New and Renewable Energy (MNRE) in its latest notification has issued the guidelines for the procurement of power/ electricity from wind-solar hybrid power projects through a transparent bidding process. Addressed to […] Read more
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
EV Startup Etrio Enters Electric 3-Wheeler Segment With new Launch Updated On Wed, Oct 21st, 2020 by Saurenergy Etrio has expanded its product portfolio with the launch of its new electric 3-wheeler range of products under the brand name “Touro”. Etrio, one of India’s fastest-growing electric vehicle (EV) startups with the aim of electrifying intracity logistics has expanded its product portfolio with the launch of its new electric 3-wheeler range of products under […] Read more
MNRE’s Draft Policy Framework for DRE Open For Comments Till Nov 2 Updated On Wed, Oct 21st, 2020 by Saurenergy In an office memorandum issued on October 19, the MNRE (Ministry of New and Renewable Energy) has issued a Draft Policy Framework for DRE (Distributed Solar Energy) to promote DRE livelihood applications in rural areas of the country. The aim is to provide a conducive environment for the development and large-scale adoption of these applications. […] Read more
