Portugal Braces to Break 1 Rupee Tariff Barrier In Bids Updated On Tue, Aug 25th, 2020 by Saurenergy Portugal, which held the title of the world’s lowest Tariffs at Rs 1.22 ($16.54/Mwh) approximately after the first round of its solar auctions last year, is set to break the 1 rupee barrier in the second round of auctions, results for which are to be announced today. The earlier record had been eclipsed by Qatar’s […] Read more
Price Volatility in PolySilicon Prices Likely To Complicate Matters In India Updated On Tue, Aug 25th, 2020 by Saurenergy Recent price volatility in polysilicon prices, caused first by a fire at a giant GCL facility in China, followed by the closure of a major plant owned by Tongwei, is likely to lead to some serious heartburn in India too. While full details of the damage caused by the fire at the GCL facility are […] Read more
BERC Issues Draft Regulations to Determine RE Tariffs Updated On Mon, Aug 24th, 2020 by Saurenergy Draft (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2020 is up for comments The Bihar Electricity Regulatory Commission (BERC) has issued Draft (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2020. The draft is up for comments from stakeholders and interested parties up to September 25, 2020. BERC […] Read more
NTPC To Move Ahead on Separate Renewable Energy Arm Updated On Mon, Aug 24th, 2020 by Saurenergy Wire agency PTI reports that NTPC Limited has received a ‘go ahead’ from the Niti Aayog and Department of Investment and Public Asset Management (DIPAM) to set up a wholly-owned company for its renewable energy business. The move formalises NTPC’s plans in the renewable space. For many observers, a massive shift by the largest power […] Read more
C&S Electric Acquisition by Siemens Limited Approved by CCI Updated On Fri, Aug 21st, 2020 by Saurenergy CCI has approved the proposed acquisition of 100 percent of the share capital of C&S Electric Limited by Siemens Limited. The Competition Commission of India (CCI) on August 20, 2020, has approved the proposed acquisition of C&S Electric Limited by Siemens Limited (Siemens India). The proposed combination envisages the acquisition of 100 percent of the […] Read more
Tetra Tech Wins USAID Renewable Energy Contract Worth $29.7 Million Updated On Thu, Aug 20th, 2020 by Saurenergy USAID has awarded Tetra Tech a five-year, USD 29.7 million single-award contract for the continuation of its Scaling Up Renewable Energy project (SURE II). Tetra Tech has announced that the US Agency for International Development (USAID) awarded the Company a five-year, USD 29.7 million single-award contract for the continuation of its Scaling Up Renewable Energy […] Read more
Yulu Partners With Vatika Group, Brings E-mobility Solutions to Gurugram Updated On Thu, Aug 20th, 2020 by Saurenergy Yulu has announced a partnership with the Vatika Group to provide its e-mobility solutions within Vatika’s residential and integrated townships in Gurugram. Yulu, one of India’s leading e-mobility service providers has announced a partnership with the Vatika Group – a Gurugram-based leading real estate developer. Under the new partnership, Yulu services will be available within […] Read more
Cabinet Relaxes Working Capital Limit for Loans to Discoms Updated On Thu, Aug 20th, 2020 by Saurenergy The Union Cabinet has approved a one-time relaxation to PFC and REC for extending loans to Discoms above limits of the working capital cap The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved a one-time relaxation to Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) for extending loans […] Read more
RWE Rakes in €2bn With Share Issue to Back its Renewable Expansion Updated On Thu, Aug 20th, 2020 by Saurenergy RWE has successfully concluded an increase of its share capital of around EUR 2 billion, as it looks to expand in the fields of renewable energy Germany’s RWE has announced that it has successfully concluded an increase of its share capital of around EUR 2 billion by selling new shares. The firm stated that the […] Read more