Budget 2021 Highlights For Solar Sector Updated On Mon, Feb 1st, 2021 by Saurenergy In a budget speech that will eventually be termed as focused on fire-fighting and consolidating reforms, Finance Minister Nirmala Sitharaman announced her budget today. For the solar sector, the big shock is undoubtedly the increase in customs duty on solar inverters from 20 percent. Including inverters, which have a much smaller share in overall project […] Read more
EDF-R Announces Commercial Operations at Desert Harvest 1 & 2 Solar Projects Updated On Sat, Jan 30th, 2021 by Saurenergy EDF Renewables North America today announced the completion and commercial operation of the Desert Harvest 1 (114 MWdc) and Desert Harvest 2 (100 MWdc) Solar Projects. Desert Harvest 1 provides electricity to MCE under a 20-year Power Purchase Agreement (PPA), while Desert Harvest 2 supplies energy and renewable attributes to Southern California Public Power Authority (SCPPA) under a 25-year Renewable […] Read more
General Motors Aims to Become Carbon Neutral by 2040 Updated On Sat, Jan 30th, 2021 by Saurenergy US based automaker, General Motors yesterday announced its plans to become carbon neutral in its global operations by 2040. Also, the company has committed to setting science-based targets to achieve carbon neutrality. In addition to this, the company has also signed the Business Ambition Pledge for 1.5⁰C, an urgent call to action from a global […] Read more
Lightsource bp Signs Power Contract With Verizon for 152.5 Megawatt Solar Farm in Indiana Updated On Fri, Jan 29th, 2021 by Saurenergy Lightsource bp today announced that it has entered into a virtual power purchase agreement (VPPA) with Verizon Communications Inc. that will enable construction of a new 152.5 megawatt ac solar farm in Indiana, furthering Verizon’s goal of being carbon neutral in its operations (scope 1 and 2) by 2035. The Bellflower solar farm, located about […] Read more
New RE Policy in Maharashtra to Attract Rs 75,000 Cr Investments: Raut Updated On Fri, Jan 29th, 2021 by Saurenergy The new RE policy of Maharashtra will attract investments of Rs 75,000 crore in the state per Energy Minister Nitin Raut. The new renewable energy (RE) policy of Maharashtra will attract investments to the tune of Rs 75,000 crore in the state according to state Power and New & Renewable Energy Minister Nitin Raut. The minister made the […] Read more
Corporate Renewable PPAs in India may Increase in 2021: Report Updated On Fri, Jan 29th, 2021 by Saurenergy A report has found that corporate renewable power purchase agreements (PPAs) in India may increase in 2021, despite setbacks from COVID-19. A new report has found that corporate renewable power purchase agreements (PPAs) in India may increase in 2021, despite setbacks from COVID-19. The report by the World Business Council for Sustainable Development (WBCSD), shows […] Read more
CM Sawant Inaugurates 1st Public EV Charging Station Installed in Goa by CESL Updated On Fri, Jan 29th, 2021 by Saurenergy The Chief Minister of Goa, Dr. Pramod Sawant has inaugurated the first public EV charging unit, as part of the Green Goa Initiative. The Chief Minister of Goa, Dr. Pramod Sawant has inaugurated the first public Electric Vehicle (EV) charging unit, as part of the Green Goa Initiative. The EV charger has been installed by […] Read more
Tata Power Solar Confirms Rs 460 Crore Project Award From GSECL Updated On Fri, Jan 29th, 2021 by Saurenergy Tata Power Solar has received an LoA to build a 95 MW solar project for GSECL, the order value of the project is approximately Rs 460 crores. Tata Power Solar, one of India’s largest integrated solar companies and a wholly-owned subsidiary of Tata Power, has announced that it has received a Letter of Award (LoA) […] Read more
Statkraft and Aker Offshore Wind explore project opportunities in Norway Updated On Thu, Jan 28th, 2021 by Saurenergy Statkraft, Europe’s largest renewable energy producer, Aker Offshore Wind and Aker Horizons have signed a cooperation agreement to explore offshore wind project opportunities in Norway. The companies will combine their strong, complementary skills and expertise to work together to explore the possibility to develop, operate and deliver power from commercial-scale offshore wind facilities in Norway. Last year, the Norwegian government announced it will open for applications for licenses for the development of wind power in […] Read more