EDPR Secures 15-Year PPA for 100 MW New California Solar Park Updated On Thu, May 7th, 2020 by Saurenergy EDPR through and Redwood Coast Energy Authority have executed a 15-year PPA for 100 MW for the Sandrini Sol 1 Solar Park in Kern County, California. EDP Renewables SA (EDPR), through its fully owned subsidiary EDP Renewables North America, and Redwood Coast Energy Authority (RCEA) have executed a 15-year power purchase agreement (PPA) for 100 […] Read more
Neoen Secures 352 MWp Landmark PPA With CleanCo Updated On Thu, May 7th, 2020 by Saurenergy Neoen has signed a 352 MWp PPA with CleanCo Queensland in one of Australia’s most substantial renewable energy agreements to date. Neoen, one of the world’s leading and fastest-growing producers of exclusively renewable energy, has signed a 352 MWp power purchase agreement (PPA) with CleanCo Queensland in one of Australia’s most substantial renewable energy agreements […] Read more
MNRE Extends EoI Submission Date for Evaluating Components of PM KUSUM Scheme till May 20 Updated On Wed, May 6th, 2020 by Saurenergy Amidst the series of extensions of deadlines for various schemes, the Ministry of New and Renewable Energy (MNRE) has now extended the time for submission of Expression of Interest (EOI) for evaluation of Component-A and Component-C of the Pradhan Mantri Kisan Urja Suraksha evem Utthan Mahabhiyan (PM KUSUM) Scheme till May 20, 2020. The Ministry […] Read more
India Inc Suggests on Proposed Electricity Amendments; Appreciates Govt’s Effort Updated On Wed, May 6th, 2020 by Saurenergy Solar industry captains have broadly welcomed the Narendra Modi government’s proposed amendments to the Electricity Act, 2003, as it has tried to offer solutions for many lingering issues of the ailing power sector. In line with this, industry stakeholders believed that if new proposed amendments along with suggestions from the India Inc, implemented properly then […] Read more
PV Is Entering The AI Era- Huawei Leaders Updated On Wed, May 6th, 2020 by Saurenergy A special contribution from Tony Xu, President of Huawei Ascend Computing Business and Chen Guoguang, President of Huawei Smart PV Business, on the next big thing for PV’s. Artificial Intelligence, (AI) 1 AI Enables All Industries We are entering a fully connected, intelligent world. Over the last few years, AI has become a high-frequency word, […] Read more
ICRA Stands in Favour of Draft Amendments Proposed in Electricity Act Updated On Wed, May 6th, 2020 by Saurenergy ICRA believes that the draft amendments proposed in the Electricity Act can strengthen the sanctity of power supply contracts and bring reforms in the distribution segment. ICRA Limited, an independent investment information and credit rating agency, has stated that it believes that the draft amendments proposed in Electricity Act, 2003 have the scope to strengthen […] Read more
Government First. Record Drop in Global Fuel Prices leads to Record Tax Hikes in India Updated On Wed, May 6th, 2020 by Saurenergy Sticking to a well worn script by now, of not allowing retail fuel prices to go below a loosely defined floor, the government of India yesterday hiked excise duty on the motor fuels by a record Rs 10 per litre on petrol and Rs 13 per litre on diesel. This is expected to help mop […] Read more
CREDA Reschedules Pre-Bid Meet for 20MW Rooftop Solar Tender Updated On Tue, May 5th, 2020 by Saurenergy In line with the government’s directive to ensure social distancing norms amid coronavirus crisis, state nodal agency Chhattisgarh State Renewable Energy Development Agency (CREDA) has rescheduled the pre-bid meeting for its 20 MW tender for grid-connected rooftop solar photovoltaic (PV) systems under Resco model. Now, the new date and time for the pre-bid meeting is […] Read more
Covid Side Effects- Diesel in Delhi Pricier Than Mumbai For First Time Ever Updated On Tue, May 5th, 2020 by Saurenergy The Coronavirus has achieved something almost nothing could in the past few decades. Brought the price of diesel in Delhi above the ruling price in Mumbai. After a steep increase in VAT 9 (Value Added Tax) by the state government in Delhi today, both petrol and diesel prices in the city state are up by […] Read more