At Rs 2.71, Developers Hold Their Ground on SECI’s ISTS-VI Auction Updated On Fri, Nov 1st, 2019 by Saurenergy In the latest auction for 960 MW of inter-state transmission system (ISTS-VI) connected solar projects, SECI has declared ReNew Power (300 MW) at Rs 2.71 /kWh, Avaada Energy (300 MW) at Rs 2.71 /kWh, Masaya Solar Energy (UPC Renewables) (300 MW) at Rs 2.71/kWh, and Tata Power (60 MW) at Rs 2.72 /kWh as winners. For […] Read more
ABB Acquires Chinese EV Charging Provider Chargedot Updated On Tue, Oct 29th, 2019 by Saurenergy ABB is to acquire a majority stake of 67 percent in Shanghai Chargedot New Energy Technology, a leading Chinese e-mobility solution provider. ABB is to acquire a majority stake of 67 percent in Shanghai Chargedot New Energy Technology Co., Ltd. (Chargedot), a leading Chinese e-mobility solution provider. The transaction is expected to be completed in […] Read more
US Non-Residential Storage Market to Grow 10-Fold by 2024 Updated On Mon, Oct 28th, 2019 by Saurenergy Non-residential storage system costs will fall by 27% in the US by 2024 and that this will help drive a tenfold growth in the market in that period New research has revealed that non-residential storage system costs will fall by 27 percent in the US over the next five years and that this fall in […] Read more
Will The Recent Reduction in Corporate Tax Impact The Domestic Solar Market Too? Updated On Mon, Oct 28th, 2019 by Saurenergy With an aim to provide much needed support to boost manufacturing sector in the country and to make them more competitive in the global market, Finance Minister Nirmala Sitharaman,in September, announced a significant reduction in corporate tax rate from 30 percent to 22 percent and for new manufacturing companies to 15 percent. Here are some […] Read more
DTC Tenders for Procurement of 300 Electric Buses Updated On Mon, Oct 28th, 2019 by Saurenergy DTC has tendered for the selection of bus operators for the procurement and operation of 300 electric buses under the FAME-II Scheme. The Delhi Transport Corporation (DTC) has floated a tender, inviting bids from eligible bidders for the selection of bus operators for the procurement and operation of 300 air-conditioned electric buses on PPP (BOOT) […] Read more
RWE Acquires 1.5 GW of Offshore Wind Capacity in Poland Updated On Mon, Oct 28th, 2019 by Saurenergy RWE Renewables has acquired a pipeline of up to 4 offshore wind projects in Poland with a total generation capacity of more than 1.5 GW RWE Renewables has announced that the firm has acquired a pipeline of up to 4 offshore wind projects in Poland as part of its ambitions to enter the Polish offshore […] Read more
New York Finalises Contracts for 1700 MW Offshore Wind Projects Updated On Thu, Oct 24th, 2019 by Saurenergy NYSERDA has finalised contracts with Equinor and Sunrise Wind (Ørtsed and Eversource) to deliver 1700 MW of offshore wind energy to New York. Governor of New York, Andrew M. Cuomo has announced that the New York State Energy Research and Development Authority (NYSERDA) has finalised contracts with Equinor Wind US for its 816 MW – […] Read more
MNRE Offers Clarification on Domestically Manufactured Solar Cells Updated On Mon, Oct 21st, 2019 by Saurenergy MNRE has issued a clarification in respect of domestically manufactured solar PV cells. In a major decision that is likely to give a further boost to domestic manufacturing of solar cells in India, the Ministry of New and Renewable Energy (MNRE) has issued a clarification in respect of domestically manufactured solar PV cells. It may […] Read more
Pre-Bid Meetings and Deadlines for 4 Tenders Rescheduled Updated On Mon, Oct 21st, 2019 by Saurenergy SECI has announced the rescheduling of pre-bid meetings for 3 of its latest tenders and the extension in the bid submission deadline for another The Solar Energy Corporation of India has announced the rescheduling of pre-bid meetings for three of its latest tenders, and the extension in the bid submission deadline for another tender. The […] Read more