First P2P Solar Power Trading In South Asia Launched By UPPCL Updated On Tue, Dec 22nd, 2020 by Saurenergy Uttar Pradesh has become the first state to launch blockchain-enabled solar power trading in India and South Asia in a project led by India Smart Grid Forum (ISGF) with Australian technology company Power Ledger. Uttar Pradesh Power Corporation Limited (UPPCL) and the subsidiary Madhyanchal Vidyut Vitran Nigam Limited (MVVNL) will host a pilot project involving […] Read more
BayWa r.e. Completes Construction of 250 MW Amadeus Wind Farm in Texas Updated On Tue, Dec 22nd, 2020 by Saurenergy Project is largest wind farm completed to date in BayWa r.e.’s global portfolio BayWa r.e. has completed construction and achieved financial close of the Amadeus Wind project in Texas. Located northwest of Abilene in Rotan, the 250 MW wind farm has begun selling power into the grid and will generate enough clean, renewable energy to meet the electricity needs […] Read more
Delay in Imposition of BCD on Solar Equipment Impacting Investments: CII Updated On Tue, Dec 22nd, 2020 by Saurenergy CII has urged the finance ministry to impose the BCD on solar equipment, stressing that the delay in implementation is impacting investments. The Confederation of Indian Industry (CII) in a written memorandum to the Ministry of Finance has urged the ministry to impose the planned basic custom duty (BCD) on solar equipment as announced in the last general budget, stressing […] Read more
Perceived Risk of Investment in Indian Solar Market Cited in UNDP HDR Updated On Tue, Dec 22nd, 2020 by Saurenergy The latest edition of the UNDP HDR cited the case of India to explain the disparity in renewable investments around the world The latest edition of the United Nations Development Programme (UNDP) Human Development Report (HDR) cited the case of India to explain the disparity in the investments made in renewable energy amongst lower-middle-income and […] Read more
Solar Tariffs Drop to a new low of Rs 1.99/kWh in Latest Gujarat Auction Updated On Mon, Dec 21st, 2020 by Saurenergy The latest round of auctions for 500 MW worth of solar projects in Gujarat has seen tariffs drop to a new low of Rs 1.99/kWh in India. The latest round of auctions conducted by the Gujarat Urja Vikas Nigam Limited’s (GUVNL), for 500 MW worth of solar projects to be developed in the state, has […] Read more
Apex Clean Energy Closes $200 Million Refinancing Updated On Sat, Dec 19th, 2020 by Saurenergy Apex Clean Energy today announced that it has secured a $200 million senior secured loan from a family office investor group led by ZOMA Capital and PLEXUS Solutions. Colorado-based ZOMA Capital invests in a range of market-based sustainable solutions addressing environmental and social challenges, and PLEXUS Solutions provides merchant banking services to sectors focused on […] Read more
Broad Reach Power Acquires Montana Wind and Solar Projects Updated On Sat, Dec 19th, 2020 by Saurenergy Broad Reach Power (“Broad Reach”), an independent power producer (IPP) based in Houston which owns a five-gigawatt portfolio of utility scale solar and energy storage power projects in Montana, California, Wyoming, Utah and Texas, announced today that it has acquired a 250-megawatt (MW) wind project and a 250-MW solar project, both located in Montana. “I am […] Read more
UK’s Energy Catalyst Program Launches New Community Hub Updated On Sat, Dec 19th, 2020 by Saurenergy UK government Energy Catalyst program aims to support businesses to develop sustainable energy technologies and business models, which are accelerating the clean energy transition in developing and emerging economies. The program is run by Innovate UK and is co-funded by partners including the Engineering and Physical Sciences Research Council, the Department for International Development, the […] Read more
The Top 5 PSUs With Big Solar Plans For India Updated On Fri, Dec 18th, 2020 by Saurenergy India’s electricity mix is where the country hopes to make the biggest gains, when it comes to its contribution to cutting carbon emissions. Currently, the country’s sources of power generation range from conventional sources such as coal, lignite, natural gas, oil, hydro and nuclear power to viable non-conventional sources such as wind, solar, and agricultural […] Read more
