LS Power to Acquire EV Charging Solutions Firm EVGo Updated On Tue, Dec 24th, 2019 by Saurenergy LS Power has announced that it has signed a definitive agreement to acquire EVgo, the largest public fast-charging network for EVs in the US LS Power, a US power and energy infrastructure owner, has announced that it has signed a definitive agreement to acquire EVgo from Vision Ridge Partners. EVgo is the largest and most […] Read more
Double Standards? Thermal Power Auctions At Rs 4.41 Updated On Tue, Dec 24th, 2019 by Saurenergy In news that will cause a lot of heartburn among solar developers, news agency PTI has reported the cancellation of a 2500 mw auction to source power for a three year period. The bids were being conducted by state agency Power finance Corporation’s Consultancy arm.The amount being offered? Rs 4.41 per unit. The fact that […] Read more
ACWA Power Signs 20-Year PPA for 250 MW Solar Projects in Ethiopia Updated On Tue, Dec 24th, 2019 by Saurenergy ACWA Power has signed two PPA with Ethiopia state-owned electricity producer EEP for two 125 MW solar projects at USD 2.526 cents/kWh over 20 years ACWA Power, international developer and operator of power generation and water desalination projects, has announced that it has signed two long-term power purchase agreements (PPA) with Ethiopia state-owned electricity producer […] Read more
Vector Green In The Big League With Rattan India’s Renewables Acquisition Updated On Tue, Dec 24th, 2019 by Saurenergy Mumbai-based Vector Green Energy Private Limited, now owned by the US based Global Infrastructure Partners (GIP), a global infrastructure investor with over $60 billion in assets worldwide, has formally entered the big league with the completion of its latest acquisition of about 275 MW pf solar assets belonging to Rattan India.. The firm, a wholly […] Read more
Corporate Renewable PPAs in India to Drop by a Third in 2019: Report Updated On Mon, Dec 23rd, 2019 by Saurenergy A new report has predicted that in India the annual corporate PPA renewable additions in 2019 will be about 30-35 percent lower than installations in 2018 A new report has revealed that India was the second-largest growth market for corporate renewable Power Purchase Agreements (PPAs) after the US in 2018, with an addition of 1.6 […] Read more
ADB to Invest $1 bn for Renewable Transition in the Pacific Updated On Mon, Dec 23rd, 2019 by Saurenergy ADB will invest over USD 1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation The Asian Development Bank (ADB) will invest over USD 1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation and improve access to affordable […] Read more
Ørsted Secures Funding for Renewable Hydrogen Project Updated On Sat, Dec 21st, 2019 by Saurenergy Together with its partners, Ørsted has received funding for the construction of a 2MW electrolysis plant with appurtenant hydrogen storage. Together with its partners, Ørsted has announced that it has received funding of DKK 34.6 million for the construction of a 2MW electrolysis plant with appurtenant hydrogen storage. The plant will use electricity from offshore […] Read more
Tata Power Solar Keeps Top EPC Spot in India’s Rooftop Solar Segment Updated On Thu, Dec 19th, 2019 by Saurenergy Tata Power Solar has maintained its number one position in EPC rooftop solar players for the sixth consecutive year in a row Tata Power Solar, one of India’s largest solar energy company and Tata Power’s wholly-owned subsidiary, has maintained its number one position in EPC rooftop solar players for the sixth consecutive year in a […] Read more
Chattisgarh Issues Tariff Regulations for Renewable Energy Projects Updated On Thu, Dec 19th, 2019 by Saurenergy CSERC has issued the regulations for determining tariff for renewable energy sources for the purpose of sale of power to Discoms in Chattisgarh The Chattisgarh State Electricity Regulatory Commission (CSERC) has issued the regulations specifying the terms and conditions of tariff for renewable energy sources for the purpose of sale of power to Discoms in […] Read more
