Coal Generation To Remain 30% Higher Than Solar Generation: IEA Updated On Thu, Oct 17th, 2024 by Saurenergy Despite continuous effort to add more renewable energy capacity, International Energy Agency’s (IEA) latest report found that coal dependence continues to persist. IEA world energy outlook report found, “Generation from coal remains over 30% higher than that from solar PV, even in a decade in which solar PV accounts for twice as much capacity, owing […] Read more
AMPIN Achieves Financial Closure For 200MWp Hybrid Project Updated On Thu, Oct 17th, 2024 by Saurenergy Renewable energy company AMPIN Energy Transition has announced financial closure for its 200MWp Solar-Wind Hybrid project situated in the state of Rajasthan. The green loan financing for the project has been secured from Standard Chartered. The total investment for this project is valued at Rs 944 crores (~USD113 Million). Upon completion, the solar-wind hybrid plant is expected […] Read more
MERC Asks MSEDCL To Pay Delay Charges To Wind Power Firms Updated On Thu, Oct 17th, 2024 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) has ordered MSEDCL to pay delayed payment charges and penalty to the small wind power generators for delayed payments. The order came to light after a group of small wind power generators approached the state power regulator complaining about delayed payment from MSEDCL and defiance of earlier order of […] Read more
Microsoft, Google, and Now Amazon- Is Nuclear Hip Again? Updated On Thu, Oct 17th, 2024 by Saurenergy Last month, on September 20 came the news that Microsoft and Constellation Energy, the utility that owns Three Mile Island nuclear power facility, have inked a deal that would help restart Unit 1 at the Three Mile Island Nuclear Generating Station. the deal marked the first time a shuttered nuclear plant in the US was […] Read more
In Key Judgement, SC Backs Independence for SERCs Updated On Thu, Oct 17th, 2024 by Saurenergy In a ruling that is likely to have far reaching implications, the Supreme Court of India has strengthened the independence of India’s State Electricity Regulatory Commissions (SERCs), placing them beyond the writ of the respective state governments in issuing orders. The ruling was made by a bench comprising the Chief Justic of India Dr DY […] Read more
UK Gets New Battery Energy Storage System To Augment Grid Updated On Wed, Oct 16th, 2024 by Saurenergy Trina Storage, a global firm working in energy storage solutions, announced the successful grid connection and commissioning of the Maldon 40MWh Battery Energy Storage System (BESS) in collaboration with the energy storage specialist Eku Energy. Located in Essex, England, this project marks Eku Energy’s first commercially operational battery storage project in the UK. The deployed […] Read more
JSW, Tata, Avaada, Juniper Winners Of 1,650 MW MSEDCL Hybrid Bid Updated On Wed, Oct 16th, 2024 by Saurenergy The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has now announced the winners for its 1,650 MW wind-solar hybrid project tender. It awarded the project to four successful bidders, namely JSW Neo Energy (JSW Energy), Tata Power Renewable Energy, Avaada Energy, and Juniper Green Energy. With the conclusion of Maharashtra State Electricity Distribution Company Limited […] Read more
Ranthambore’s Agrivoltaics Plant Generated 6L Units In 1 Yr Updated On Wed, Oct 16th, 2024 by Saurenergy Nahargarh Ranthambore, a palace-turned-hotel near Ranthambore which roped in agrivoltaics solar plant to offset its energy needs produced 6 lakh units of clean power in the last one year, the management of the hotel said. Situated amidst the lush forest of Ranthambore Tiger Reserve, the hotel earlier sought to reduce the carbon footprint to zero […] Read more
Capri Global, Credit Fair Partner To Offer Solar Finance For MSMEs Updated On Wed, Oct 16th, 2024 by Saurenergy Mumbai-based non-banking financial company (NBFC) Capri Global Capital Ltd (Capri Loans) launched its rooftop solar finance product under the Micro, Small and Medium Enterprises (MSME) Loans. The creditor will help individuals and businesses harness solar energy for self-use. Capri Solar Finance offers financing solution with no collateral, and minimal documentation, it said. The company claims […] Read more
