Azure Power to Install 5 MW of Solar Power System for NREDCAP Updated On Tue, Aug 7th, 2018 by Saurenergy Azure Power will provide power for 25 years at an incentivized tariff rate of Rs. 4.57 per kWh. Azure Power has won a 5 MW rooftop solar power tender in a bid held by New & Renewable Energy Development Corporation of Andhra Pradesh Ltd (NREDCAP). The developer, Azure Power is to install 5 MW of […] Read more
BEST to Set up World’s First Thermal Battery Plant Updated On Tue, Aug 7th, 2018 by Saurenergy World’s first thermal battery plant in Andhra Pradesh would manufacture thermal batteries which would supply power for a longer duration than the Lithium-ion battery. Leading power storage service provider, Bharat Energy Storage Technology (BEST) has revealed setting up a thermal battery plant in Andhra Pradesh. Considered as a great addition, world’s first thermal battery plant […] Read more
Apple Partners with Swiss Re, Akamai and Etsy to develop Renewable Energy Updated On Tue, Aug 7th, 2018 by Saurenergy The plant collectively is expected to produce 290 MW of addition power in the Pennsylvania, Jersey, Maryland (PJM) Power Pool grid catering major parts of Eastern U.S. As part of its environmental efforts, Apple has partnered with e-commerce player- Etsy, reinsurance company- Swiss Re and Cambridge’s cloud service provider- Akamai Technologies to develop two new wind […] Read more
Anti-Dumping & Safeguard Duties- A Cloud of Uncertainty Still Remain to be Cleared Updated On Tue, Aug 7th, 2018 by Saurenergy Despite a significant move taken by the Indian government a month ago, to promote the power of solar in tackling climate change globally, where, India took centre stage by leading the bunch of nations from across the globe during the International Solar Alliance (ISA) founding ceremony. India, too, is dealing with various bottlenecks on domestic […] Read more
NTPC Postpones 2 GW Solar Auction Citing Opposition to Safeguard Duty Updated On Tue, Aug 7th, 2018 by Saurenergy The NTPC put-off on the auction process was prompted by the concerns of bidders over the impact of safeguard duty on imports on their present financial frameworks. State-run National Thermal Power Corporation (NTPC) has postponed a 2000 MW solar tender for a week citing developers’ dissent over the 25 percent safeguard duty imposed on solar […] Read more
Tata Power’s CGPL Wins ‘Gold’ at FAME ‘Excellence in Safety’ Awards Updated On Mon, Aug 6th, 2018 by Saurenergy The award, given by the Foundation for Accelerated Mass Empowerment (FAME), recognizes industries for implementing best occupational health and safety systems, processes and practices. Tata Power’s wholly owned subsidy in Gujarat, Coastal Gujarat Power (CGPL) won ‘Gold’ at the FAME ‘Excellence of Safety’ awards for best safety practices and implementing workplace safety norms for the […] Read more
MNRE Appeals Exclusion of Solar Projects under Execution from Safeguard Duty Updated On Mon, Aug 6th, 2018 by Saurenergy The ministry has put up an urge to exclude projects bid out before 31st July as the safeguard duty came into effect on July 31st. The Ministry of New and Renewable Energy (MNRE) has urged the Finance Ministry to exempt solar projects under implementation from the 25 percent safeguard duty on solar goods from China […] Read more
Energy Storage Market in China to Post CAGR of 40% during 2018-22: Technavio Updated On Sat, Aug 4th, 2018 by Saurenergy The growth momentum of the market is expected to decelerate due to a decline in the year-over-year growth. Market research Company, Technavio mentions in a report that energy storage market in China is expected to post Compound Annual Growth Rate (CAGR) of around 40 percent in the period 2018-2022. However, the growth momentum of the […] Read more
EDF Renewables and PGGM Enter Sale and Purchase Agreements Updated On Sat, Aug 4th, 2018 by Saurenergy EDF Renewables will remain a 50 percent co-owner and provide management as well as operations and maintenance services. EDF Renewables has signed two sale and purchase agreements which will authorize PGGM Infrastructure Fund to acquire a 50 percent ownership interest in the following projects: Glacier’s Edge Wind and Valentine Solar. The transaction for the acquisition […] Read more
