ADPower Gets Record Low Solar PV Price for 2 GW Project in UAE Updated On Tue, Apr 28th, 2020 by Saurenergy Abu Dhabi Power Corporation (ADPower), a water and electricity company, has received the world’s lowest solar photovoltaic (PV) price of 1.35 US cents/kWh for the United Arab Emirates’ (UAE’s) largest 2 GW of the solar project. This 2 GW solar plant in Al Dhafra is expected to be completed during the second quarter of 2022 […] Read more
Discoms’ Dues to Gencos Surges 31% to Rs 92,674 Cr in Feb Updated On Tue, Apr 28th, 2020 by Saurenergy The outstanding dues of power distribution companies (Discoms) to power generation companies (Gencos) grew by 31.1 percent to Rs 92,674 crore in February 2020, which reflected the continued stress in the power sector. As per the Government of India’s PRAAPTI portal (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators), Discoms […] Read more
Growatt among Top 10 Global PV Inverter Suppliers in 2019: Report Updated On Tue, Apr 28th, 2020 by Saurenergy With total shipments reached more than 126 GW (or 126,735 MW), the global photovoltaic (PV) inverter shipments grew by 18 percent in 2019 on a y-o-y basis, as said by the global energy research & consultancy firm. As per the new analysis done by Wood Mackenzie, or popularly known as WoodMac, the top 10 global […] Read more
Covid-19 Hurts ABB’s Q1 Results; Revenue Slips across Businesses Updated On Tue, Apr 28th, 2020 by Saurenergy Tech giant ABB has reported a significant drop in its first-quarter results of 2020 as its net income declined by 30 percent to USD 376 million on the back of coronavirus pandemic. The company’s net income remained at USD 535 million during the same period a year ago, ABB said in a statement. Further, it’s […] Read more
MNRE Asks All RE Stakeholders to Align Activities in Compliance With ALMM Order Updated On Tue, Apr 28th, 2020 by Saurenergy MNRE has issued a new directive to all RE stakeholders to align their activities in order to comply with for strict compliance with the order regarding ALMM Earlier this month, the Ministry of New and Renewable Energy (MNRE) had extended the deadline for the approved list of models and manufacturers (ALMM) i.e. both List-I for […] Read more
Ørsted and Nestlé Sign15-Year Offshore Wind PPA Updated On Tue, Apr 28th, 2020 by Saurenergy Nestlé UK has signed a 15-year PPA with Ørsted to buy green power output worth 31 MW from the 573 MW Race Bank Offshore Wind Farm. Nestlé UK, the UK subsidiary of one of the world’s largest food and beverage companies, Nestlé, has signed a 15-year indexed fixed-price power purchase agreement (PPA) with Ørsted, […] Read more
Vattenfall Sells Rights to 240 MW Wind Farm in Scotland Updated On Tue, Apr 28th, 2020 by Saurenergy Vattenfall has taken the FID to construct the 240 MW South Kyle Wind Farm in Scotland, which will be able to power approximately 170,000 UK homes on completion Vattenfall has taken the final investment decision to construct the 240 MW South Kyle Wind Farm, which will be able to power approximately 170,000 UK homes, saving […] Read more
Trina Solar Reports 515.8 W Output for its Vertex Module Updated On Tue, Apr 28th, 2020 by Saurenergy Trina Solar has announced that its Vertex module is able to reach 515.8W power output, based on the test result by TÜV Rheinland’s independent evaluation. China-based solar module manufacturer Trina Solar has announced that its Vertex module is able to reach 515.8W power output, based on the test result by TÜV Rheinland’s independent evaluation. This […] Read more
Every Power Station Performed Optimally amid Covid-19 Crisis: NTPC Updated On Mon, Apr 27th, 2020 by Saurenergy Amidst the ongoing crisis caused due to the spread of coronavirus pandemic, state-owned power giant NTPC, which was formerly known as National Thermal Power Corporation Ltd, said that its every power station has risen to the occasion and is performing at its optimum level. Maharatna NTPC is having a total installed capacity of 62,110 MW, […] Read more
