APERC Approves Cancellation of Two Wind PPAs, Orders Discom to Pay Compensation Updated On Wed, Jul 14th, 2021 by Saurenergy The Andhra Pradesh Electricity Regulatory Commission (APERC) has issued a new order, ruling that the power purchase agreements (PPAs) entered into by wind developers Vibrant Greentech and Chaitanya Projects with the Southern Power Distribution Company of Andhra Pradesh (APSPDCL) were not binding for the state distribution company. The ruling came in response to the petitions filed […] Read more
Avaada Has A Bangkok Connect, As Thailand’s GPSP Buys 41.6% Stake for Rs 3400 crores Updated On Wed, Jul 14th, 2021 by Saurenergy Leading Thailand based power utility-Global Power Synergy Public Company (GPSC) has acquired a 41.6% stake in renewable energy major Avaada Energy Private for Thai Baht 14.82 billion (Rs 33.88 billion). That makes it among the largest renewable energy deals in India, which continues to consolidate as well as attract global capital. Deal Announcement GPSP firm […] Read more
NTPC REL Gets Busy As MNRE Approves 4750 MW Solar Park in Gujarat Updated On Wed, Jul 14th, 2021 by Saurenergy Power Major NTPC’s renewable energy arm, NTPC Renewable Energy Limited (NTPC REL) is filling up its pipeline of projects quickly, as it will now set up India’s single-largest solar photovoltaic project at Rann of Kutch at Khavada in Gujarat, the company said on Tuesday. the announcement comes barely a month after the state owned power major […] Read more
MERC Signals Go Slow On AEML’s RE Procurement Plans for Mumbai Updated On Tue, Jul 13th, 2021 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) has issued a new order, allowing Adani Electricity Mumbai Ltd (AEML) to initiate the bidding process for the procurement of power upto 500 MW on round the clock (RTC) basis from grid connected renewable energy power projects, complemented with other non-renewable energy source. The commission has partly accepted AEML‘s […] Read more
JinkoSolar’s Modules Break Records with 23.53% Highest Conversion Efficiency Updated On Tue, Jul 13th, 2021 by Saurenergy JinkoSolar Holding Co. Ltd., the Chinese solar module manufacturer today announced that the maximum solar conversion efficiency of its advanced high-efficiency solar module reached 23.53% and has outperformed the previous record of 23.01%, also set by JinkoSolar, in January 2021. The result was independently tested and confirmed by TÜV Rheinland, one of the world’s leading […] Read more
Lightsource bp Raises Euro 52M For 100MW Solar Projects in Spain Updated On Tue, Jul 13th, 2021 by Saurenergy European solar developer Lightsource bp has successfully raised a Euro 52 million term loan from leading financial backers for its Barrica solar projects in the Aragon region of Spain, giving the green light for construction to begin on two 49.5MWp solar sites. Leading financial backers include Banco Sabadell, Natwest, Santander, and Intesa Sanpaolo, which provided the necessary financial […] Read more
Woodmac Predicts Low Solar Achievement Rates for India By 2030 Updated On Tue, Jul 13th, 2021 by Saurenergy Market Research firm Wood Mackenzie (Woodmac) says that Asia Pacific solar photovoltaic (PV) capacity could triple to 1,500 gigawatts (GW) by 2030. China To Remain Leader Even as China will remain leader in the region, woodmac says low completion rates in India mean the country will miss its 100 GW solar target for 2022, […] Read more
TES Agrees on Deal for 10,000 sqm Battery Recycling Facility in Europe Updated On Mon, Jul 12th, 2021 by Saurenergy Singapore-based provider of sustainable technology lifecycle and IT services, TES has announced it has agreed to a deal that secures the future of a 10,000 square meter lithium battery recycling facility in the Port Of Rotterdam, Europe’s largest seaport. The facility, strategically located adjacent to the waterways of the Port of Rotterdam and with an […] Read more
Wind Farms in Brazil’s Northeast Hit New Peak Generation Record, Again! Updated On Mon, Jul 12th, 2021 by Saurenergy The Brazilian Northeast wind parks generated their peak —11,548 MW — at 23:56 local time on July 8, according to data from the National Electric System Operator (ONS). The volume produced by wind parks accounted for 99.2% of the regional need. This is the second time the region has broken its generation record this month. The previous […] Read more
