RE Leader Suzlon Energy Sells Solar Subsidiary Vayudoot Solarfarms Updated On Tue, Dec 6th, 2022 by Saurenergy Suzlon Energy, a manufacturer of wind turbines, approved the sale of its remaining 51.05% ownership interest in the subsidiary Vayudoot Solarfarms to Ahmedabad-based Aries Renewables, the firm reported in a National Stock Exchange filing. For a price of Rs 14.23 crore, Suzlon sold the remaining stake. The company’s net worth was Rs. 24.2 crore, and […] Read more
In Key Judgement, CERC Lays To Rest GST Impact On O&M Costs For Developers Updated On Tue, Dec 6th, 2022 by Saurenergy In a significant order last week, the Central Electricity Regulatory Commission (CERC) has finally or seemingly put to rest all doubts on the applicability of the ‘Change in law’ provisions on O&M costs for developers. The Central regulatory authority did this even as it clubbed multiple petitions around the issue from various developers, and after […] Read more
European Aerospace Corporation Airbus to Buy Green Hydrogen from India Updated On Tue, Dec 6th, 2022 by Saurenergy As the world realises the significance of green hydrogen in the transition towards a cleaner world and decarbonisation, more and more corporations are looking to power their operations with it. Airbus, the multinational aerospace European giant is the most recent to jump onto the bandwagon. Airbus has set sights on procuring Green Hydrogen from India, […] Read more
Canadian Solar Bags 256 MW Contracts For South Africa Largest Solar PPAs Updated On Tue, Dec 6th, 2022 by Saurenergy Canadian Solar Inc. has announced that its majority-owned subsidiary CSI Solar Co., Ltd. (“CSI Solar”) signed a 256 MW solar module contract with SOLA Group, a Cape Town-based independent power producer. The 256 MWs will supply the first two largest utility-scale solar power projects in South Africa, which are based on private power purchase agreements (PPAs). […] Read more
Germany Looks to Fund India’s Energy Transition Projects with €1 billion Updated On Fri, Dec 2nd, 2022 by Saurenergy Germany has proposed to fund India’s energy transition projects with €1 billion. The projects are to be executed all over the country under a bilateral partnership between the two countries on green and sustainable development. As per discussions held between India and Germany, the funding will pave the way for over 20 projects spread over […] Read more
Tata Power Renewable Energy Bags 255 MW of Hybrid Projects For Delhi Updated On Fri, Dec 2nd, 2022 by Saurenergy It’s all within the group as Group Firm Tata Power Renewable Energy (TPREL) bagged the 255 MW Wind-Solar Hybrid auction from Tata Power Delhi Distribution Limited (TPDDL). The supplies are meant for the Delhi market, where TPDDL is one of the 3 discoms operating, besides the two BSES discoms. The winning bid of Rs 3 […] Read more
NREL Confirms Spike In Solar and Storage Costs In US Updated On Fri, Dec 2nd, 2022 by Saurenergy The National Renewable Energy Laboratory (NREL), the premier government entity tasked with tracking and projecting impact of technology changes in the renewables space, has come out with its annual benchmarking report on prices. And the findings are no surprise, to those who have been in the market. Using 2021 prices, NREL estimates that utility-scale PV […] Read more
Solar Establishes Itself in 2022 in India With Growth, Highest Generation Share Among Renewables Updated On Fri, Dec 2nd, 2022 by Saurenergy The share of solar power is finally making a significant impact on total generation numbers, as October data from the Central Electricity Authority indicates. From a total installed capacity share of over 15% (61+ GW out of 408 GW of total installed capacity in India), in October, solar’s share in actual generation numbers also hit […] Read more
Meta & D. E. Shaw Renewable Sign 200 MW Clean Power Project in Arkansas Updated On Thu, Dec 1st, 2022 by Saurenergy The signing of a long-term renewable energy offtake deal with Meta was recently announced by D. E. Shaw Renewable Investments (DESRI), a significant U.S. producer of renewable energy. To come up in Phillips County, Arkansas, the Long Lake Project (also known as Long Lake) will be a 200 MWac project. To meet the region’s expanding […] Read more
