2020-When Energy Storage Got Serious in India Updated On Fri, May 15th, 2020 by Saurenergy The recent win for Renew Power in the round the clock power tender for 400 MW at Rs 2.90 kWh marked a huge turning point for storage in India too. For one, the renewable+ storage combination as a way to get power at all hours possibly, and at scale, is no longer a possibility that […] Read more
EDPR Wins Case to Resume Work on 100 MW Wind Project in Ontario Updated On Fri, May 15th, 2020 by Saurenergy EDPR has announced that the Ontario Superior Court of Justice has reinstated the Renewable Energy Approval (REA) for the firms’ 100 MW Nation Rise Wind Farm EDP Renewables (EDPR) Canada, a wholly-owned subsidiary of EDPR, has announced that the Ontario Superior Court of Justice (Divisional Court) has granted EDPR’s judicial review application in ‘Nation Rise Wind […] Read more
Duke Energy, City of Charlotte to Develop 35 MW Solar Project Updated On Fri, May 15th, 2020 by Saurenergy The City of Charlotte has become the 1st municipality to execute a renewable power agreement under Duke Energy GSA program to develop a 35 MW solar facility The City of Charlotte has become the first municipality to execute a renewable power agreement under Duke Energy’s Green Source Advantage (GSA) program – further expanding solar energy […] Read more
Spruce Finance Acquires Clearway Energy’s Residential Solar Assets Updated On Fri, May 15th, 2020 by Saurenergy Spruce Finance has announced that it has bought Clearway Energy’s entire portfolio of residential solar assets in the US worth around 53 MW. Spruce Finance, the largest private owner and operator of distributed generation solar residential assets in the US, has bought Clearway Energy’s entire portfolio of residential solar assets. The deal is Spruce’s largest […] Read more
Tender Issued for 19,000 Solar Street Lights Under MNRE Scheme in Punjab Updated On Fri, May 15th, 2020 by Saurenergy PEDA has tendered for commissioning of 19,000 solar street lights in Punjab under the MNRE off-grid and decentralised solar PV applications scheme. The Punjab Energy Development Agency (PEDA) has issued a tender, inviting bids from eligible vendors and firms for the work of designing and commissioning of 19,000 solar street lights in the state under […] Read more
Discoms to get Loans at low Rates to pay Back Gencos: RK Singh Updated On Fri, May 15th, 2020 by Saurenergy Discoms will be offered loans at cheaper rates by state-owned power sector financing companies for clearing their dues towards Gencos, RK Singh has said. Financially stressed Discoms will be offered loans at cheaper rates of 8.5 to 9 percent for a 10-year period by state-owned power sector financing companies PFC and REC for clearing their dues towards power generation companies (Gencos), Power and Renewable Energy Minister RK Singh […] Read more
Discoms’ Liquidity Infusion via Loan Positive for Gencos, But Losses to Shoot Up by Rs 270 Bn in FY21: ICRA Updated On Thu, May 14th, 2020 by Saurenergy Government’s Rs 900 billion liquidity support under Atmanirbhar Bharat package for state power distribution utilities (Discoms) is a much welcome measure, said ICRA a leading credit rating agency. However, this liquidity infusion in Discoms will be in the form of loans against receivables, from major power sector lenders Power Financial Corporation (PFC) and Rural Electrification […] Read more
GoodWe Unveils SDT G2 Series Inverters for Residential & Small Commercial Projects Updated On Thu, May 14th, 2020 by Saurenergy Leading inverter supplier GoodWe has launched its SDT G2 series inverter solution 17-25kW, its top of the line option for residential and small commercial projects. The company claims that the SDT G2 series is highly efficient, easy to install and integrates the most advanced safety features. It comes with a life-long free monitoring solution Smart […] Read more
Huawei Supplies Smart PV Solutions for Adani Green Energy’s 50 MW Solar Plant in R’sthan Updated On Thu, May 14th, 2020 by Saurenergy Huawei, one of the world’s leading solar inverter manufacturers, has supplied its innovative Smart PV 1500 V Solution, including 312 SUN2000-185KTL-INH0 smart inverters, for Adani Green Energy’s 50 MW solar photovoltaic (PV) plant in Rajasthan. This project was successfully connected to the power grid by Adani Green Energy Ltd (AGEL) on April 16 amidst lockdown […] Read more
