EIB Grants Ørsted €500 M Loan for Green Energy Projects Updated On Thu, Sep 30th, 2021 by Saurenergy The European Investment Bank (EIB) has signed a EUR 500 million loan with Danish energy company Ørsted to support its increased capex programme on renewable energy projects, and the conclusion of the Borssele 1 & 2 wind farms off the Dutch coast with a long-term commitment from the EIB. The EIB issues long-term loans on […] Read more
Tata Power-DDL Launches One-stop-shop Smart Energy Shoppe Updated On Thu, Sep 30th, 2021 by Saurenergy Tata Power Delhi Distribution Limited, a power utility supplying electricity to a populace of over 7 million in North Delhi, has announced the launch of a one-stop-shop Smart Energy Shoppe counter to promote the usage of energy-efficient products among its customer base. With this launch, it becomes the first distribution utility to set up a dedicated […] Read more
McDermott Joins AquaVentus Consortium for Green H2 Production Updated On Thu, Sep 30th, 2021 by Saurenergy Texas-based McDermott has joined AquaVentus, a growing consortium of more than 70 companies, organizations and research institutions collaborating toward green hydrogen energy production in the North Sea. AquaVentus unites international industry leaders with a shared vision for advancing hydrogen’s role as a low-carbon, affordable energy solution-combining their unique expertise to make that future a reality. […] Read more
Power Ministry Makes Key Changes in REC mechanism To Boost Demand Updated On Thu, Sep 30th, 2021 by Saurenergy The Union Power and new and renewable energy minister, R.K. Singh has approved key changes to the tradable renewable energy certificate (RECs) mechanism. Perhaps the biggest one is a decision to make the REC perpetual, till they are sold. Thus, it will take the pressure off renewable energy generators to sell within a timeline or […] Read more
Adani Green Energy to Acquire 40 MW Operational Solar Asset in Odisha Updated On Thu, Sep 30th, 2021 by Saurenergy Adani Renewable Energy (MH) Limited (AREMHL), a wholly-owned subsidiary of Adani Green Energy Ltd (AGEL), has signed definitive agreements with Essel Green Energy Pvt Ltd to acquire 100% economic value in an SPV that owns a 40 MW operating solar project in Odisha. The company confirms that the project has a long-term Power Purchase Agreement […] Read more
Why Prices Skyrocketed at the Power Exchange: IEEFA Updated On Wed, Sep 29th, 2021 by Saurenergy With electricity demand in India recently peaking, a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) explores the supply and demand conditions that led to recent price spikes in the evening peak hours, starting in August through to September 2021. Electricity demand in India has peaked and dropped markedly as the […] Read more
No Relief For Greenyana At Aptel For Haryana Project Updated On Mon, Sep 27th, 2021 by Saurenergy Recently, the Appellate Tribunal for Electricity (APTEL) has dismissed Greenyana Solar’s plea against Haryana Electricity Regulatory Commission’s (HERC) order, which denied the solar developer’s plant at Kurangawali connectivity to the state’s grid. Greenyana is a subsidiary of Cleantech Solar. In 2018, Greenyana applied for connectivity to Haryana Vidyut Prasaran Nigam (HVPN) for its solar plant […] Read more
GoodWe Collaborates with Skill Council For Green Jobs To Impart Solar Training Updated On Thu, Sep 23rd, 2021 by Saurenergy GoodWe, the global PV inverters and energy storage solution firm got its Solar Academy team that focuses on sharing knowledge of PV applications, to collaborate with the Skill Council for Green Jobs to support the skilling requirements in the PV sector. Titled “Advanced SPV System Design optimization& Criteria for Component Selection”, the course was aligned […] Read more
Power Roll, Filia to Develop Solar PV-enabled Window Blackout Blinds Updated On Wed, Sep 22nd, 2021 by Saurenergy Power Roll and Filia Solar have signed an Application Development Partner Agreement to explore the use of Power Roll’s solar film for solar PV-enabled window blackout blinds. Power Roll claims to have developed a unique, flexible, lightweight solar film capable of producing ultra-low-cost green electricity that is up to 10 times cheaper to make than […] Read more