Is An ‘Andhra Discount’ Coming For Indian Renewables? Updated On Wed, Nov 6th, 2019 by Saurenergy As the Imbroglio over Andhra Pradesh’s effort to renege on its signed PPA’s continues to simmer, the state government is implementing the classic payments squeeze to force firms to come to the negotiating table. Successful or not, this has already damaged India’s credibility with potential and existing investors This week has all about India’s refusal […] Read more
Average Energy Spot Prices at 2-Year Low, REC Prices Rise Updated On Wed, Nov 6th, 2019 by Saurenergy The average spot power price at IEX dropped 54 percent to a two-year low of Rs 2.71 per unit in October, compared to Rs 5.94 per unit last year. The average spot power price at Indian Energy Exchange (IEX) dropped 54 percent to a two-year low of Rs 2.71 per unit in October, compared to Rs 5.94 per unit in the same […] Read more
Australia’s 1st Offshore Wind Project Step in the Right Direction: IEEFA Updated On Wed, Nov 6th, 2019 by Saurenergy Australia’s first offshore wind project in Victoria is a step in the right direction despite the over investment, a new note has revealed. The ‘Star of the South’ off Austalia’s coast, a massive 2.2 gigawatts (GW) offshore wind capacity proposal and will be Australia’s largest electricity project and worth reportedly USD 8 billion in investments, […] Read more
Gujarat Sets Target for 30 GW Renewable Energy Generation by 2022 Updated On Wed, Nov 6th, 2019 by Saurenergy The state government of Gujarat has set a target of achieving 30 GW of renewable energy generation by 2022 from the current generational capacity of 9670 MW The state government of Gujarat has set a target of achieving 30 GW (30,000 MW) of renewable energy generation by 2022 from the current generational capacity of 9670 […] Read more
KSEB to Modify PSA for 200 MW Wind Power Signed with SECI Updated On Wed, Nov 6th, 2019 by Saurenergy KSERC has asked state Discom KSEB to modify its PSA that it had signed with the SECI for procuring 200 MW wind energy. The Kerala State Electricity Regulatory Commission (KSERC) has in its latest order, asked state Discom Kerala State Electricity Board (KSEB) to modify its Power Sale Agreement (PSA) that it had signed with […] Read more
French Energy Major EDF Bets on Storage With Pivot Power Buy Updated On Tue, Nov 5th, 2019 by Saurenergy French utility EDF continues to invest in a future where it expects storage to play a critical role, by acquiring UK battery storage firm Pivot Power. For EDF, the acquisition is another step in its effort to become a large scale storage firm. The takeover of Pivot Power also follows EDF’s acquisition in September 2018 […] Read more
Tata Power Forms New Arm to Set Up 10,000 Microgrids by 2026 Updated On Mon, Nov 4th, 2019 by Saurenergy However, the newly formed company, TP Renewable Microgrid Ltd, will be operated and managed by the Tata Power itself, while the Rockefeller Foundation will provide technical support to the offshoot for achieving its objective. Utility giant Tata Power on Monday announced the formation of its new arm, TP Renewable Microgrid Ltd, with an aim to […] Read more
ENGIE Africa Consortium Kicks off Operation of Egypt’s Largest Wind Farm Updated On Mon, Nov 4th, 2019 by Saurenergy As per the 20-year Power Purchase Agreement (PPA), the power generated from the Engie Africa led consortium project will be supplied to the Egyptian Electricity Transmission Company (EETC). A consortium led by ENGIE Africa has completed the construction and commissioning of the Egypt’s largest 262.5 MW Ras Ghareb wind farm. The wind project has been […] Read more
Turkcell Launches Turkey’s 1st Solar-Powered Data Center in Ankara Updated On Mon, Nov 4th, 2019 by Saurenergy Commenting on the data center launch, Turkcell, CEO, Murat Erkan said “our investments in Turkey’s data centers that comply with international standards constantly expands as a part of our wider vision of ‘Turkey’s data should be hosted in Turkey.” Turkcell, one of the leading mobile phone operators in Turkey, has launched solar powered data center […] Read more
