TNERC Allows TANGEDCO To Get Away With 6% Interest On Delayed Payments Updated On Fri, Dec 10th, 2021 by Saurenergy The Tamil Nadu Electricity Regulatory Commission (TNERC) has recently ruled in favour of a wind energy producer Rajaguru Spinning Mills Private Limited, directing the Tamil Nadu Generation and Distribution Corporation (TANGEDCO) to make payments to the producer with 6% interest per annum within a month. Aggrieved at delayed settlement of invoices pertaining to a wind […] Read more
Offshore Wind at 11 Paise? Understanding The Award Of The 1 GW Thor Offshore Project By Lottery Updated On Fri, Dec 10th, 2021 by Saurenergy Early this month on December 1, the Danish energy agency announced that Germany’s RWE had won a tender to build what will be Denmark’s largest wind farm. The Thor Wind farm. What was interesting here was that this was possibly one of the biggest renewable awards made by a lottery, after multiple bidders (6) tied […] Read more
Total Eren & Gransolar To Build 14.8 MWp Microgrid Project In Galapagos Islands Updated On Thu, Dec 9th, 2021 by Saurenergy French energy major Total Eren, and Gransolar, an Ecuadorian developer have announced the joint design, development, financing, construction, and operation of a microgrid project in the Galápagos Islands. The Galapagos, A World Heritage Site The E-Quator Energy project will combine a 14.8 MWp solar photovoltaic plant with a 40.9 MWh electricity storage capacity. Located in […] Read more
Jharkhand Farmers to use Solar Lift Irrigation to avoid Costly Diesel Pumps Updated On Thu, Dec 9th, 2021 by Saurenergy Renewable energy based lift irrigation schemes will prove to be a game-changer for the agriculture sector in Jharkhand, a top official said, according to recent media reports. Lift irrigation is a mode of irrigation which involves transporting water against the gravity with the help of pumps or surge pools and transported to the location where […] Read more
APTEL Tries To Put a Lid On Issue of Fixed Charges During Covid Lockdown Updated On Thu, Dec 9th, 2021 by Saurenergy In an order brought about after a petition by the Rajasthan textile association versus various state discoms of Rajasthan and the Rajasthan State Regulatory commission (RERC), the Appellate Tribunal for electricity (APTEL) has sought to put at rest claims for a waiver of fixed charges imposed on power consumers through the lockdown last year. While […] Read more
KKR Launches New RE Platform ‘Stellar Renewable Power’ Updated On Thu, Dec 9th, 2021 by Saurenergy Investment firm KKR has launched “Stellar Renewable Power”, a new platform that aims to source, develop and operate utility-scale solar plants and storage facilities on behalf of KKR’s Asset-Based Finance (ABF) strategy. Stellar will source opportunities through greenfield development and acquisitions of early-stage assets from other developers. Renewable energy expert Vijay Venkatachalam will lead Stellar. […] Read more
CERC Declines To Step in For Change In Law Petition From Mahindra Renewables Updated On Wed, Dec 8th, 2021 by Saurenergy In a recent judgement, the Central Electricity Regulatory Commission (CERC) rejected Mahindra Renewables Private Limited’s arguments in its petition regarding Change of Law (CIL) rules with respect to a power purchase agreement (PPA) signed with Solar Energy Corporation of India Limited (SECI) in December 2018. Mahindra Renewables petitioned CERC, seeking that the imposition of safeguard duty on […] Read more
Fortum Charge-Plug Mobility To Boost Indian EV Charging Infra for 4Ws Updated On Wed, Dec 8th, 2021 by Saurenergy Plug Mobility from Carzonrent India Private Limited, an Electric Vehicle Mobility as a Service brand, has partnered with Fortum Charge & Drive India Pvt. Ltd. (Fortum C&D), a Nordic Electric Vehicle (EV) charging service provider, to provide charging infrastructure for Carzonrent fleet of 19000 cars to be inducted over the next 5 years across India. […] Read more
EV Solutions Firm Magenta Invests in EV Component Maker Axiom Updated On Wed, Dec 8th, 2021 by Saurenergy Magenta, India’s homegrown integrated Electric Vehicle (EV) charging solutions company, has confirmed a significant investment into Axiom Energy Conversion Limited, one of India’s oldest EV component manufacturers, said an official statement. With the Magenta Axiom investment and partnership, plans are afoot to develop a greenfield manufacturing setup dedicated to EV powertrain components, including chargers, convertors, […] Read more
