Magenta Strengthens Executive Team With Scott Pharr As Advisor Updated On Tue, Oct 13th, 2020 by Saurenergy The Magenta Group of companies, the Mumbai based group with a strong presence in affordable renewable energy solutions, has been making big moves to grab opportunities in the changes the energy transition is driving. The firm has announced that Mr. Scott Pharr, Global Managing Director at Accenture, has joined the Magenta Board of Advisors, to […] Read more
Two O&M Tenders for 40 MW of Solar By BHEL Updated On Tue, Oct 13th, 2020 by Saurenergy Bharat Heavy Electricals Limited (BHEL), one of the power sector PSU’s that is increasingly being used as a vehicle to meet manufacturing as well as other objectives in the renewable energy space, has floated two more O&M tenders for solar projects. The first project on offer is the 10 MW solar power project at Charanka […] Read more
“We need to increase our per capita energy consumption three-fold” Updated On Mon, Oct 12th, 2020 by Saurenergy Jaideep Mukherji, CEO, Smart Power India (SPI), has been a strong advocate of access to reliable electricity for the last mile. SPI, a subsidiary of The Rockefeller Foundation, was established in 2015 to develop and scale sustainable models to accelerate electricity access and spur economic development amongst the rural underserved communities. In recent years, SPI […] Read more
NTPC Incorporates a Subsidiary for its Renewable Energy Business Updated On Fri, Oct 9th, 2020 by Saurenergy NTPC Ltd has announced that it has officially incorporated a subsidiary for its renewable energy business. State-owned NTPC Ltd, India’s largest energy conglomerate, has announced that it has officially incorporated a subsidiary for its renewable energy business. “NTPC Ltd has incorporated a wholly-owned subsidiary, in the name of NTPC Renewable Energy Ltd with the Registrar of Companies, NCT […] Read more
Duke Energy to Expand EV Charging in South Carolina Updated On Fri, Oct 9th, 2020 by Saurenergy The PSCSC has approved two Duke Energy pilot programs that will allow South Carolina to join other states in deploying EV charging infrastructure. As new electric vehicles (EV) enter the market and strong sales growth continues nationwide, the Public Service Commission of South Carolina (PSCSC) has approved two Duke Energy electric transportation (ET) pilot programs that will allow South Carolina to […] Read more
Renewables get an Early Start on Beating Coal Generation: IEEFA US Updated On Fri, Oct 9th, 2020 by Saurenergy The market window for coal-fired electricity in the US is closing faster than ever in a shift that is especially clear as autumn sets in. From July through October 5, renewables (utility-scale solar, wind and hydropower) generated more electricity than coal in the US on nine days—easily topping the total of five days recorded over […] Read more
Peck Expands into Rhode Island with EPC Contract for a 5.3 MW Solar Project Updated On Thu, Oct 8th, 2020 by Saurenergy The Peck Company, a leading commercial solar engineering, procurement and construction (EPC) company, is pleased to announce the signing of a 5.3MW contract in Rhode Island, from a long time customer. The $7.256 million contract for a project located in Rhode Island is targeted to be completed in the first quarter of 2021. Peck’s expansion […] Read more
MEDA Allowed to Get Rs 2.25 to Rs 2.52 for Wind Projects With Expired EPA’s Updated On Thu, Oct 8th, 2020 by Saurenergy The MERC (Maharashtra Electricity Regulatory Commission) has allowed, with conditions, MEDA’s demonstration wind projects, which had outlived their EPA (Energy Purchase Agreement) period with MSEDCL, to earn revenues on the basis of MOU’s with the state discom. The Commission accorded approval to proposed power procurement arrangement between Maharashtra State Electricity Distribution Company Limited and Maharashtra […] Read more
MERC Gives Captive Power Producers Until March 2021 to Fulfill RPO Obligations Updated On Thu, Oct 8th, 2020 by Saurenergy In a further concession to Captive Power producers (CPP)in the state, the Maharashtra Electricity Regulatory Commission has allowed fossil fuel-based captive power producers and Open Access consumers until March 2021 to fulfill their renewable purchase obligations (RPO). Taking into account the massive impact of the Covid lockdown on industries in the state and their markets […] Read more