ONGC and NTPC to Form JV for Renewable Energy Business Updated On Fri, May 22nd, 2020 by Saurenergy ONGC and NTPC ltd are planning to set up a JV company to explore offshore wind projects amongst other renewable projects in India and abroad. #ONGC and @NTPClimited signed an MoU today to set up a Renewable Energy JV. It was signed by ONGC Director (Fin) In-charge Business Development & Joint Ventures Subhash Kumar and […] Read more
GE Renewable Energy Wins Gujarat’s 102.6 MW Wind Project from Powerica Updated On Thu, May 21st, 2020 by Saurenergy USD 15 billion wind energy giant GE Renewable Energy on Thursday said that it has won the 102.6 MW of wind turbine project in Gujarat from Naresh Oberoi-led Powerica Ltd. As per the deal, GE will supply 38 of its 2.7-132 onshore wind turbines, designed for low wind speed conditions, to be installed at the […] Read more
PG&E Poised to Expand Energy Storage Capacity by 423 MW Updated On Thu, May 21st, 2020 by Saurenergy PG&E has requested approval of five energy storage projects totaling 423 MW, in a filing with the California Public Utilities Commission (CPUC). Pacific Gas and Electric Company (PG&E) has requested approval of five energy storage projects totaling 423 megawatts (MW), in a filing with the California Public Utilities Commission (CPUC). The projects are intended to […] Read more
Energy Storage Market to Rebound Strongly in 2021: Frost & Sullivan Updated On Thu, May 21st, 2020 by Saurenergy Despite the current COVID-19 pandemic, the medium-term future for energy storage remains bright according to a new analysis by Frost & Sullivan. Despite the current COVID-19 pandemic, the medium-term future for energy storage remains bright according to a new analysis by Frost & Sullivan. The “Outlook for the Global Energy Storage Industry, 2020,” predicts the market to decline, […] Read more
Tender Issued for Rooftop Solar Systems at Hubballi Dharwad Smart City Updated On Thu, May 21st, 2020 by Saurenergy Hubballi Dharwad Smart City Limited has issued a tender for rooftop solar PV systems worth approximately 340 kWp at government buildings under HDMC area The Hubballi Dharwad Smart City Limited (HDSCL), Karnataka has issued a tender for the commissioning of rooftop solar PV systems worth approximately 340 kWP on discount over retail tariff basis on […] Read more
Shocker! ACME Bows Out From Rajasthan Project With Record Low Tariffs Updated On Wed, May 20th, 2020 by Saurenergy After surprising the world, and setting the stage for a period of record low tariffs in India with its bid at Rs 2.44 kWh for a SECI project in Rajasthan, the winner, ACME Solar, has opted to cancel the project. It had won the 600-Mw project in Rajasthan at a historic low rate of Rs […] Read more
Govt to Solarize Konark Surya Mandir, Town in Odisha with 100% Financial Assistance Updated On Wed, May 20th, 2020 by Saurenergy After aiming for the complete solarization of sun-temple town in Gujarat’s Modhera, the Ministry of New and Renewable Energy (MNRE) has now issued fresh guidelines for 100 percent solarization of Konark sun temple, which is popularly known as Surya Mandir, along with the Konark town in Odisha. Through this scheme, the government aimed to meet […] Read more
Magenta Power Bags EPC Contract for Rooftop Solar Project in B’lore from HAL Updated On Wed, May 20th, 2020 by Saurenergy Magenta Power, an HPCL-backed startup offering green energy solutions, has successfully won the rooftop solar power project for providing engineering, procurement and construction (EPC) services from Hindustan Aeronautics Ltd (HAL) in Bangalore, Karnataka. HAL is an Indian state-owned aerospace and defence company headquartered in Bengaluru. Commenting on the project win, Maxson Lewis, Managing Director, Magenta […] Read more
MERC Approves Tariffs For a Combined 633 MW of Solar Power in Maharashtra Updated On Wed, May 20th, 2020 by Saurenergy Last Week for a busy week for Maharashtra, with approvals for close to 633 MW of solar power procurement to meet Maharashtra State Electricity Distribution Company Limited (MSEDCL’s) Renewable Purchase Obligations (RPO) for the state. MSEDCL, which has been procuring just about 3.5 percent of its power requirements from Solar, needs to ramp it up […] Read more
