AP High Court Throws Out 6.4 GW State Solar Auctions Updated On Fri, Jun 18th, 2021 by Saurenergy The Andhra Pradesh High Court declared yesterday that the state government’s 6.4 GW solar project auctions were bad in law, and quashed the request for selection (RfS) and power purchase agreement (PPA) for the same. The move follows a petition filed by Tata Power Renewable Energy in January this year, where it was contended that the […] Read more
Australia’s H2 Trade May be Worth US$90 billion in 2050: WoodMac Updated On Thu, Jun 17th, 2021 by Saurenergy Low-carbon hydrogen could become a US$50 billion to US$90 billion export industry for Australia in 2050, says Wood Mackenzie. Australia rates consistently in the top echelons for solar irradiance and has vast potential for largescale carbon capture and storage (CCS). It has showed the world the path forward with its stationary battery storage flexibility at […] Read more
IFC and Rockefeller Foundation to Co-finance RE Development in Africa Updated On Thu, Jun 17th, 2021 by Saurenergy The International Finance Corporation, the private sector arm of the World Bank Group, and The Rockefeller Foundation (RF) yesterday announced a new partnership to finance renewable energy development in Sub-Saharan Africa and some other regions. The joint venture aims to deploy $150 million of RF’s catalytic capital in blended finance to mobilize up to $2 […] Read more
Azure Q4 Results. Firm Expects Tariff Markdown for 4 GW Manufacturing Tender Win Updated On Thu, Jun 17th, 2021 by Saurenergy Azure Power Global Limited announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the fiscal fourth quarter 2021, period ended March 31, 2021 yesterday. The firm is listed at the New York Stock Exchange, the first power firm from India to achieve the same. Key Operating Highlights: Megawatts (“MW”) Operating* were 1,990 MWs, […] Read more
SJVN & NDMC Agree Terms For 150 MW Solar Power Sale Updated On Wed, Jun 16th, 2021 by Saurenergy Hydroelectric power generation company SJVN has announced an agreement with the New Delhi Municipal Council (NDMC) to sell 150 MW of solar power from SJVN projects that it plans to bid and develop under the Central Public Sector Undertaking (CPSU) Scheme. In accordance, NDMC will purchase this solar power at a rate of Rs. 2.44/kWh tariff […] Read more
Settle at 6% Or 12%? The Curious Case of 4 Cases Of Tangedco Delays Updated On Wed, Jun 16th, 2021 by Saurenergy 4 recent orders passed at the Tamil Nadu State Electricity Regulatory Commission (TNERC) drew our attention recently. All four involved wind energy operators with the same complain against the state disco, TANGEDCO. In each case, the discom had delayed payments to the generators, following which, they had approached the state commission for redressal. In all […] Read more
Will 2021 be The Year Solar Saves California? Updated On Wed, Jun 16th, 2021 by Saurenergy California— the largest U.S. state, home to 1/8th of the country’s population, and responsible for 14% of national GDP — is experiencing one of its most challenging droughts this year. The state had earlier experienced the biggest wildfire season recorded in its modern history in 2020, which is one reason being blamed for the adverse […] Read more
NCRTC Partners with SECI to Use Renewable Energy in Delhi-Meerut Corridor Updated On Wed, Jun 16th, 2021 by Saurenergy In an effort to promote India’s sustainability development goals (SDGs), thus encouraging the use of renewable energy in the transportation sector the National Capital Region Transport Corporation (NCRTC) and Solar Energy Corporation of India (SECI) have signed a Memorandum of Undertaking (MoU) to harness blended renewable energy for Delhi-Meerut RRTS (Regional rapid transit system) corridor. […] Read more
WAAREE’s Solar Modules to Power Austrian Firm Borealis’s Plant in Italy Updated On Wed, Jun 16th, 2021 by Saurenergy Waaree Energies, one of India’s largest solar manufacturers has supplied its solar PV modules to Austrian chemical firm, Borealis’s plant in Monza, Italy. Waaree is providing its solar modules for the installation of first solar PV rooftop array for electricity generation at the Austrian firm’s plant. Borealis is one of the world’s leading providers of […] Read more
