Iberdrola Acquires New Mexico and Texas Utility PNM Resources Updated On Fri, Oct 23rd, 2020 by Saurenergy Iberdrola, through its US subsidiary AVANGRID, has announced the acquisition of PNM, the largest utility in New Mexico with operations in Mexico. Iberdrola, through its US controlled subsidiary AVANGRID, has announced the acquisition of PNM. This friendly transaction, recommended by PNM’s board of directors, will be effected via merger. PNM’s shareholders will receive $4.3 Bn […] Read more
MERC Begins E-Hearing on Mumbai Power Outage Issue Updated On Fri, Oct 23rd, 2020 by Saurenergy MERC on October 21, 2020, began the hearing into last week’s power outage in Mumbai which lasted for up to 14 hours in some parts. The Maharashtra Electricity Regulatory Commission (MERC) on October 21, 2020, began the hearing into last week’s power outage in Mumbai which lasted for up to 14 hours in some parts. […] Read more
SECI Issues RfS for 1200 MW Wind-Solar Hybrid Projects Updated On Fri, Oct 23rd, 2020 by Saurenergy SECI has issued the RfS document for setting up of combined 1200 MW wind-solar ISTS-connected hybrid power projects anywhere in India (Tranche – III). The Solar Energy Corporation of India (SECI) has issued the Request for Selection (RfS) document for the selection of project developers for setting up of combined 1200 MW wind-solar ISTS-connected hybrid […] Read more
PXIL Celebrates 12th Year Anniversary with Cumulative Volume Growth Updated On Thu, Oct 22nd, 2020 by Saurenergy Power Exchange India Ltd (PXIL) has notched up significant market share in electricity trading during the last few months. Ever since the jump-start of Day Ahead Spot (DAS) from August 25, 2020, there has been consistent participation from the most active participants in the market. The price formation has demonstrated convergence, even with small volumes […] Read more
MNRE Issues Guidelines for Procurement of Wind-Solar Hybrid Power Updated On Thu, Oct 22nd, 2020 by Saurenergy MNRE has issued the guidelines for the procurement of power/ electricity from wind-solar hybrid power projects through a transparent bidding process. The Ministry of New and Renewable Energy (MNRE) in its latest notification has issued the guidelines for the procurement of power/ electricity from wind-solar hybrid power projects through a transparent bidding process. Addressed to […] Read more
Discoms Could Save ~Rs 22K Cr due to Indexed RE Tariff: IEEFA & CEEW Updated On Thu, Oct 22nd, 2020 by Saurenergy “Our modelling shows that the Discoms could save up to Rs 21,880 crore over the next five-year period under a partially indexed tariff structure” The inflation indexation of tariffs for future solar capacity could provide much-needed financial respite to the distressed power distribution sector (Discoms) and help India move away from coal-fired power, according to […] Read more
Schneider Electric Solar Expands Its Energy Management Ecosystem with New Smart Edge Devices Updated On Wed, Oct 21st, 2020 by Saurenergy Schneider Electric Solar announced InsightHome and InsightFacility, their newest additions to the Insight Energy Management ecosystem. Both InsightHome and InsightFacility are smart edge devices that connect customers’ Schneider Electric solar and storage systems to the Insight app. InsightHome targets the residential solar and storage market globally. InsightFacility is for large residential and commercial solar and […] Read more
EV Startup Etrio Enters Electric 3-Wheeler Segment With new Launch Updated On Wed, Oct 21st, 2020 by Saurenergy Etrio has expanded its product portfolio with the launch of its new electric 3-wheeler range of products under the brand name “Touro”. Etrio, one of India’s fastest-growing electric vehicle (EV) startups with the aim of electrifying intracity logistics has expanded its product portfolio with the launch of its new electric 3-wheeler range of products under […] Read more
Engie EPS Unveils Hydrogen-Based Energy Storage System in Greece Updated On Wed, Oct 21st, 2020 by Saurenergy Engie EPS has unveiled its hydrogen-based energy storage system built with its proprietary technology in Greece. Engie EPS, has announced the unveiling of the hydrogen-based energy storage system built with its proprietary technology in Agkistro, Greece. The Agkistro site, presented in October in an event attended by numerous representatives of Greek authorities and of the […] Read more
