MERC Directs MSEDCL to Pay Late Payment Surcharge to Wind Generator Updated On Wed, Oct 12th, 2022 by Saurenergy In an order that highlighted both the dire straights of MSEDCL and it’s impact on payments to generators, the Maharashtra Electricity Regulatory Commission (MERC) has ordered the state discom MSEDCL to pay late payment charges on its outstandings to a wind power generator TCIL. The discom, in its response to the petitioner had tried to […] Read more
APTEL Sees Merit in Petition by Adani Firms Seeking Project Tariff at Rs. 7.01/unit Updated On Mon, Oct 10th, 2022 by Saurenergy Appellants Kamuthi Solar Power Ltd (KSPL) and Ramnad Renewable Energy Ltd (RREL). The two appellants involved have Adani Green Energy as their parent company. Respondents Tamil Nadu Electricity Regulatory Commission (TNERC); Tamil Nadu Generation and Distribution Corporation Limited; Chief Engineer/Non‐Conventional Energy Sources (NCES); Tamil Nadu Transmission Corporation Limited The Appeal The two appeals have been […] Read more
Germany’s RWE to Acquire US’ Con Edison CEB at $6.8 Billion Updated On Mon, Oct 3rd, 2022 by Saurenergy Germany-based global renewable energy development company RWE AG has said that it has signed a purchase agreement with Con Edison to acquire its Con Edison Clean Energy Businesses (Con CEB) that operates and develops renewable energy plants in the United States. It has 3 GW of operating capacity with 90 per cent in solar. Con […] Read more
EnerVenue & Green Energy Renewable In 250 MWh Storage Deal Updated On Fri, Sep 23rd, 2022 by Saurenergy Green Energy Renewable Solutions and US-based renewable energy provider EnerVenue have established a master supply agreement. According to the agreement, Green Energy will purchase and implement EnerVenue’s storage solution for 250 MWh over the next three years. Houston-based Henrik Jensen and Jens Juul, who jointly own and run Nicon Industries A/S, a prominent producer of […] Read more
CESL RFP For Operation & Maintenance of 5,690 Electric Buses Updated On Fri, Sep 23rd, 2022 by Saurenergy State-controlled Convergence Energy Services Ltd. (CESL) invites RFP (request for proposal) for the operation & maintenance of 5690 E-buses. The last date for submitting the online bid is November 04, 2022. Bids will be opened on the same day. The selected bidder will be responsible for the Operation and maintenance of e-buses, including engaging all […] Read more
Canadian Pension Firm & Mahindra Group Collaborate Strategically in RE Updated On Sun, Sep 18th, 2022 by Saurenergy The Mahindra Group and the Canadian-based pension firm, Ontario Teachers’ Pension Plan Board have announced a strategic alliance to take advantage of the expanding renewables market in India. Both parties have entered into legally binding agreements under which Ontario Teachers’ will purchase a 30% equity stake in Mahindra’s solar development arm, Mahindra Susten Pvt Ltd […] Read more
Neuman & Esser, Ballard Invest in Quantron for Hydrogen-Based Mobility Updated On Fri, Sep 16th, 2022 by Saurenergy Leading fuel cell expert Ballard Power Systems from Canada and the German hydrogen system specialist Neuman & Esser have announced that they are investing in Quantron AG as part of a financing round totaling up to EUR 50 million. With a company valuation of EUR 250 million, Neuman & Esser acquires a minority stake and […] Read more
Borrego Solar Launches Platform for Solar, Battery Storage Procurement Updated On Wed, Sep 14th, 2022 by Saurenergy USA-based Borrego Solar has launched a solar and battery storage procurement marketplace and optimization solution called ‘Anza’. The proprietary technology engine behind the Anza digital marketplace is a cost and performance modeling software that identifies the most optimized solar module and storage components based on customer-provided project details. Borrego Solar is a leading EPC and […] Read more
Avaada Plea on Waiver of Charges Due To Supply Disruptions Fails To Work With CERC Updated On Wed, Sep 14th, 2022 by Saurenergy In an order last week, the Central Electricity Regulatory Commission (CERC) has ruled against a plea by Avaada Energy on charging of transmission charges for a 240 MW project during the period of delay. Avaada Energy had made a plea asking for extension of the start date of Medium Term Open Access by the Central […] Read more
