Lower CUF: MERC Declines ACME’s Plea For Penalty Exemption Updated On Wed, Aug 21st, 2024 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC), in its latest judgment, declined to grant ACME any relief for its shortfall in meeting the committed Capacity Utilisation Factor (CUF) from its 300 MW solar project at Bhadla in Rajasthan. ACME had signed a Power Purchase Agreement (PPA) with the Maharashtra State Electricity Distribution Co Ltd (MSEDCL) to […] Read more
SECI Discovers Rs 3.41 Price In 1200 MW Solar Plus ESS Tender Updated On Wed, Jul 17th, 2024 by Saurenergy SECI’s 1200 MW Solar with 1200 MWh BESS tender, floated in March this year, turned up a surprise in terms of the price discovery of Rs 3.41 per unit from the winning bidder, Pace Digitek Infra Private Limited. This price discovery matches and in some cases beats the recent price discoveries from plain vanilla RE […] Read more
The Renewable Energy Developers Whose Plans Will Shape India’s Solar Targets Updated On Thu, May 9th, 2024 by Saurenergy India reached a notable milestone in renewable energy by adding a record-breaking 18.48 GW in 2023-24, a 21 per cent increase from the previous year. As of March 31, 2024, India’s installed renewable energy capacity stood at 143.64 GW, excluding large hydropower projects. The country needs an annual addition of at least 50 GW for […] Read more
Barclays, Lightsource bp Sign $140 Million Deal For Louisiana Solar Project Updated On Wed, Mar 20th, 2024 by Saurenergy Barclays and Lightsource bp have announced that they have committed to a $140 million tax equity deal which will finance the construction of the Prairie Ronde 180MWdc solar project in St. Landry Parish, Louisiana. According to a media statement by Lightsource bp, the deal is one of the first to be led by Barclays’ new […] Read more
Yara, ACME Sign A Binding Agreement To Supply Green Ammonia Updated On Fri, Mar 1st, 2024 by Saurenergy Yara, a Norwegian crop nutrition company engaged in ammonia trade and shipping, signed a firm and binding agreement for the supply of ammonia with GHC SAOC, a wholly-owned subsidiary of Acme Cleantech. They signed a firm and binding agreement for the supply of ammonia to reduce CO2 emissions from Acme to Yara on a long-term […] Read more
NREL, JSW, Solarcraft Emerged Winners For SJVN’s 1500 MW Solar Tender Updated On Fri, Feb 9th, 2024 by Saurenergy NTPC Renewable Energy Limited (NREL), JSW, Solarcraft, and some other solar power developers bagged recent orders from a 1500 MW solar power tender auctions undertaken by SJVN Limited. While Solarcraft Power India emerged as the bidder with the lower tariff of Rs 2.52/kWh, others that bagged the order included GRT Jewelers (India), Furies Solren, JSW […] Read more
NTPC REL Wins 900 MW in PFCCL 1250 MW Solar Tender Updated On Tue, Dec 26th, 2023 by Saurenergy PFCCL has announced the winners for its solar tender released a few months ago. NTPC Renewable Energy Limited has secured the bid for 900 MW capacity in the solar tender floated by PFCCL on behalf of NTPC Ltd. for the selection of 1250 MW ISTS-connected solar PV power projects in India under Flexibility Scheme. The […] Read more
Airtouch Solar to Offer Robotic Cleaning Systems for Adani Green’s 150 MW Solar Project Updated On Wed, Nov 29th, 2023 by Saurenergy Airtouch Solar, a developer of robotic solutions for the solar energy market, has announced the signing of an agreement with Adani Green Energy Limited (AGEL), to supply and install water-free robotic cleaning systems for a 150 MW solar plant in India. Under the agreement, Airtouch Solar will install robots at the site by the end […] Read more
CERC Grants No Relief To ACME Over GNA Transition Payment Updated On Thu, Sep 7th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest order has refrained from giving ACME Solar Holdings Private Limited (ASHPL) any relief from the payment of bank guarantee. The payment was mandated due to its transition to General Network Access (GNA) as per the newly introduced CERC (Connectivity and General Network Access to the Inter-State Transmission System) […] Read more
