Tamil Nadu Sets Generic Tariff For Solar Projects at Rs 3.04/kWh Updated On Thu, Apr 4th, 2019 by Saurenergy The Tamil Nadu Electricity Regulatory Commission (TNERC) has in its latest order set the generic tariff for procurement of solar PV power in the state to Rs 3.04 per kWh. The tariff will apply to the procurement from all solar PV projects of capacity 1 MW and above. The control period of this order will […] Read more
REIL Issues Tender For 1.7 MW Solar Plus Storage Project at Andaman & Nicobar Islands Updated On Wed, Apr 3rd, 2019 by Saurenergy The last date for bid submission is May 6, 2019. The Rajasthan Electronics and Instruments Ltd (REIL) has issued tender inviting bids from eligible bidders for the deployment of a 1.7 MW solar PV power plant with Battery Energy Storage System (BESS) at Andaman and Nicobar Islands. The brief scope of work for selected bidder(s) […] Read more
More than 300 GW of New Wind Capacity to be Added in Next 5 Years : GWEC Updated On Wed, Apr 3rd, 2019 by Saurenergy GWEC forecasts over 300 GW of wind capacity to be added in the next 5 years, with growth to come from emerging markets and offshore wind. According to a new report, 2018 was a positive year for the wind industry, with 51.3 GW of new installations. With market-based mechanisms, such as auctions, tenders and Green […] Read more
Canadian Solar Subsidiary Recurrent Energy Gets $50 Million LoC from Natixis Updated On Tue, Apr 2nd, 2019 by Saurenergy Canadian Solar today announced that its wholly-owned subsidiary Recurrent Energy, LLC has secured a $50 million letter of credit facility from global financial services company Natixis. The US-based firm Recurrent Energy, which is one of the leading utility-scale solar and energy storage project developer has secured a $50 million LoC facility from multinational financial services […] Read more
IREDA Issues RfP For Empanelment of Resource Assessment Agencies For Solar & Wind Energy Updated On Tue, Apr 2nd, 2019 by Saurenergy The last date for submission of proposals is April 29, 2019. The Indian Renewable Energy Development Agency (IREDA) has issued a Request for Proposal (RfP) inviting proposals fro the empanelment of resource assessment agencies for solar and wind energy. The empanelment for resource assessment agencies is being done for Wind and Solar technologies, separately. The […] Read more
Tata Power and IGL to Co-Develop EV Charging Stations and Solar Projects Updated On Tue, Apr 2nd, 2019 by Saurenergy Tata Power and IGL sign pact to jointly work on developing EV charging stations, swapping stations and solar power projects. Tata Power, one of India’s largest integrated power company, has signed an agreement with one of the country’s leading natural gas distribution companies, Indraprastha Gas Ltd (IGL) to co-develop electric vehicle charging stations, battery swapping […] Read more
Sydney Sets 100% Renewables Target For 2030 Updated On Mon, Apr 1st, 2019 by Saurenergy The city of Sydney has set an ambitious target of meeting 100 percent of its energy demands from renewable energy sources. “With our energy supply contract set to expire at the end of this year, we’re diving head first into Sydney’s renewable future by increasing our renewable electricity target from 50% to 100%,” a statement […] Read more
India Signs MoU to Share Bolivia’s Vast Lithium Deposit Updated On Mon, Apr 1st, 2019 by Saurenergy Both sides agreed to work together for exploration and extraction of the vast Lithium deposits of Bolivia. Lithium is a key resource used in making batteries that India needs for its clean technology initiatives such as increased use of electric cars. India after signing a Memorandum of Understanding (MoU) with Bolivia, has leveraged its way […] Read more
SLDC Can’t Cut Down Renewable Power Per Convenience : TNERC Updated On Mon, Apr 1st, 2019 by Saurenergy TNERC outlined these findings in a petition regarding stopping issuance of backing down or curtailment instructions to solar projects. In a significant move for the energy sector, the Tamil Nadu Electricity Regulatory Commission (TNERC) has stated that State Load Dispatch Centre (SLDC) cannot curtail renewable power at their convenience, adding that backing down of the “Must Run Status” power shall […] Read more
