Tata Power’s DSM Program Saves 6 GWh in Mumbai Distribution in FY20 Updated On Sat, Oct 31st, 2020 by Saurenergy Tata Power’s Demand Side Management (DSM) program in Mumbai is a multi-dimensional, holistic and technology-driven approach with a focus on capacity building of the consumers towards energy management. DSM initiatives have always been unique offerings from the Utility considering that they always work behind the meter i.e. for end-user energy management. The firm started in […] Read more
Avaada Energy Receives $10 Mn in Funding From KfW Subsidiary Updated On Fri, Oct 30th, 2020 by Saurenergy Avaada Energy, one of the leading green energy companies in India, has received USD 10 million in funding from DEG, a subsidiary of the KfW Group. Avaada Energy, one of the leading green energy and renewable energy companies in India, has received USD 10 million in funding from development finance institution Deutsche Investitions- und Entwicklungsgesellschaft (DEG), […] Read more
Cost Reduction in Storage is Key for the Next Level of Solar Growth: Pradeep Chauhan Updated On Thu, Oct 29th, 2020 by Saurenergy Pradeep Chauhan, Country Manager, Indian Subcontinent for Solarpack Corporacion Tecnologica, SA, the Spanish solar firm making waves finds himself in focus, after his firm made a record low bid of Rs 2.36 to win a 300 MW share at a SECI Auction this year. Solarpack, which has been bidding, and growing aggressively in multiple markets, […] Read more
Etrion Completes Sale of 60 MW Mie Solar Power Project Updated On Mon, Oct 26th, 2020 by Saurenergy Etrion Corporation has completed the sale of its investment interest in the Mie 60 MW solar project and received approximately USD 32.2 million. Etrion Corporation, an independent solar power producer has announced that it has completed the sale of its investment interest in the Mie 60 MW solar project and received JPY 3.4 billion (approximately […] Read more
Viable Battery Costs Remain Critical to EV Penetration in India: Ind-Ra Updated On Mon, Oct 26th, 2020 by Saurenergy Ind-Ra claims that battery remains the most critical component of an EV due to both cost viability (30-40 percent of EV cost) and technological expertise. India Ratings and Research (Ind-Ra) in its latest market analysis has predicted (that driven by the economic slowdown induced by the Coronavirus pandemic) a delay in the penetration of electric […] Read more
MNRE Issues Guidelines for Procurement of Wind-Solar Hybrid Power Updated On Thu, Oct 22nd, 2020 by Saurenergy MNRE has issued the guidelines for the procurement of power/ electricity from wind-solar hybrid power projects through a transparent bidding process. The Ministry of New and Renewable Energy (MNRE) in its latest notification has issued the guidelines for the procurement of power/ electricity from wind-solar hybrid power projects through a transparent bidding process. Addressed to […] Read more
SECI Extends Bid Deadline for 100 MW Solar Plus 50 MW Storage Tender Updated On Wed, Oct 21st, 2020 by Saurenergy SECI has extended the bid submission deadline for its tender for a 100 MW (ac) solar project along with a 50 MW Battery Storage System in Chhattisgarh. The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for its tender for the commissioning of a 100 MW (ac) solar project (200 MWdc) […] Read more
Canadian Solar to Provide 75 MW Storage System to the Mustang Solar Project in California Updated On Tue, Oct 20th, 2020 by Saurenergy Canadian Solar has announced that it has closed a supply contract and long term service agreement with Goldman Sachs Renewable Power LLC, part of the Renewable Power Group of Goldman Sachs Asset Management (“Goldman Sachs”), to deliver and integrate a 75 MW / 300 MWh lithium-ion battery storage solution into the 100 MWac Mustang solar […] Read more
Scatec Solar acquires SN Power, building a global leader in RE Updated On Mon, Oct 19th, 2020 by Saurenergy Scatec Solar has signed a binding agreement to acquire 100% of the shares in SN Power, a leading hydropower developer and IPP, from Norfund for a total equity value of USD 1,166 million. The acquisition forms an important part of Scatec Solar’s broadened growth strategy, with an ambition to become a global large-scale player in […] Read more
