AES Issues RfP Seeking 1 GW of Carbon-Free Energy Projects Updated On Thu, Jun 25th, 2020 by Saurenergy AES has issued an RfP, seeking new and repowered carbon-free projects for its customers in the PJM area, inclusive of its strategic alliance with Google. AES has issued a Request for Proposals (RfP), seeking new and repowered carbon-free renewable energy projects for its customers in the PJM area, inclusive of AES’ strategic alliance with Google. […] Read more
World Bank Approves $750 Mn Credit to Help the Power Sector in Nigeria Updated On Thu, Jun 25th, 2020 by Saurenergy World Bank has approved the PSRO of USD 750 million in IDA credit to improve the reliability of electric supply and enhance the overall power sector in Nigeria. The World Bank Board of Directors approved the Power Sector Recovery Operation (PSRO) of USD 750 million in International Development Association (IDA) credit to improve the reliability […] Read more
Govt Proposes Tariff, Non-Tariff Barriers to Restrict Imports in Power Sector Updated On Thu, Jun 25th, 2020 by Saurenergy The government is proposing tariff and non-tariff barriers to restrict imports in the power sector, to reduce large scale presence of overseas equipment The government is proposing various tariff and non-tariff barriers to restrict imports in the sensitive and strategically important power sector where there is a large scale presence of overseas equipment, particularly from […] Read more
Volvo Partners With Plugsurfing to Offer EV Charging Services Across Europe Updated On Thu, Jun 25th, 2020 by Saurenergy Volvo Cars has joined hands with Plugsurfing to offer Europe-wide EV charging service on all-electric models, the Swedish automaker has informed. Volvo Cars has joined hands with charging firm Plugsurfing to offer Europe-wide EV charging service on all-electric models, the Swedish automaker has informed. With this partnership, drivers of fully electric Volvo Recharge models in Europe […] Read more
Wells Fargo Inks Deal with Shell, MP2 Energy to Buy Renewable Power Updated On Wed, Jun 24th, 2020 by Saurenergy USD 1.98 trillion company Wells Fargo has signed a structured renewable energy (RE) agreement with Shell Energy North America (Shell Energy) and its arm MP2 Energy, to purchase about 1,50,000 MWh of renewable energy every year. The deal will enable the company to use renewable power to meet 100 per cent of its energy consumption […] Read more
CERC’s Order Lowering REC Forbearance, Floor Price Removal Positive for Obligated Entities Updated On Wed, Jun 24th, 2020 by Saurenergy With the significant reduction in wind and solar power tariffs during the last three years, the power sector regulator Central Electricity Regulatory Commission (CERC) has recently reduced the forbearance prices and also removed the floor price for the Renewable Energy Certificates (RECs). This move is expected to negatively impact the REC projects, even as it […] Read more
The Philippines Power Sector can Reach Resilience by 2021: IEEFA Updated On Wed, Jun 24th, 2020 by Saurenergy The Philippines could come out COVID-19 with cheaper electricity prices and a more competitive and reliable power sector a new report from IEEFA details The Philippines could come out COVID-19 with cheaper electricity prices and a more competitive and reliable power sector if it swapped its reliance on expensive coal power for cheaper renewables and […] Read more
Silicon Ranch Begins Work on 20 MW PV Project to Power FB Data Centre Updated On Wed, Jun 24th, 2020 by Saurenergy Silicon Ranch and PCL have begun construction on the 20 MW Odom Solar Farm, located near the city of Moultrie in Colquitt County, in Southwest Georgia. Silicon Ranch Corporation, one of the largest independent solar power producers in the US, and PCL Construction Services, one of the largest contractors in North America, have announced that […] Read more
REC’s Alpha Series Gets BIS Certification Updated On Wed, Jun 24th, 2020 by Saurenergy REC Group, the largest European solar PV brand with over 500MW of installed capacity in Indian subcontinent, has announced the successful certification of its Alpha series by the Bureau of Indian Standards. The Alpha series, based on the breakthrough Hetero junction technology (HJT) offers a high quality option to Indian buyers now, especially those looking […] Read more
