SECI Issues Deadline Extensions for 2 Solar Tenders in Tamil Nadu and Himachal Updated On Tue, Mar 16th, 2021 by Saurenergy SECI has extended the bid deadline for tenders for 50 MW solar PV project in Tamil Nadu and 15 MW floating solar plant in Himachal The Solar Energy Corporation of India (SECI) has issued an extension for the submission of bids for two active tenders. The first is the extension in the deadline for its […] Read more
Storm Motors Claims $1M+ Orders in the First Four Days Updated On Tue, Mar 16th, 2021 by Saurenergy Storm Motors, a startup company in fast emerging electric vehicles space has announced its flagship product, Storm – R3 a personal mobility solution, opening with a limited number of units to be produce this year has already hit big by gaining $1M + orders in just first four days. Storm Motors, founded in 2016 by […] Read more
Five Years After Paris Agreement, Slow Progress On RE Commitments- IRENA Updated On Tue, Mar 16th, 2021 by Saurenergy The International Renewable Energy Agency has released a report including updates on renewable energy and climate change pledges after five years of the Paris Agreement. With the adoption of the Paris Agreement on 12 December 2015, nearly all countries around the world agreed to keep the rise in the average global temperature well below 2 […] Read more
SECI 750 MW Tranche X Wind Auctions- Adani Bids Rs 2.77 to win, Ayana at Rs 2.78 Updated On Tue, Mar 16th, 2021 by Saurenergy Life returned to the Wind Energy pipeline with the first pure wind energy auction by SECI in over 18 months. With a reserve price of Rs 2.99, Adani Renewable Energy walked away with a 300 MW allocation at Rs 2.77/kWh, while Ayana Renewable Power won 300 MW at Rs 2.78. Evergreen Power ventures Mauritius won […] Read more
Ayala Backed Sitara Solar Achieves Financial Closure for 100 MW Rajasthan Project Updated On Mon, Mar 15th, 2021 by Saurenergy Sitara Solar, backed by the Philippines based Ayala Solar subsidiary AC Energy and UPC Renewables China Holding, has announced financial closure for its 100 MW project in Rajasthan. The firm had won the project in SECI’s 750 MW solar auction just over a year back, by bidding at a price of Rs 2.48/KwH. The project […] Read more
Sunseap Signs Long-Term Agreement with Amazon for Clean Solar Energy to be Tapped from JTC’s solar farms Updated On Mon, Mar 15th, 2021 by Saurenergy Sunseap Group, Singapore’s leading solar energy provider, has signed a long-term agreement with Amazon to export 62 megawatts (MWp) of clean energy to the national grid, that will help Amazon meet its sustainability goals. Sunseap was awarded one of the two contracts under JTC’s SolarLand Phase 3 tender last year, part of JTC’s efforts to […] Read more
GOGLA, Solar Energy Association Marks 2020 With USD 316 Million Investment Updated On Mon, Mar 15th, 2021 by Saurenergy GOGLA, the global association for off-grid solar energy, which delivers off-grid electricity products and services, has announced that the total investment into the off-grid solar sector in 2020 accounted for USD 316 million, four million higher than 2019. GOGLA reasons out the seven key elements for their achievements. It has released an Investment Database which […] Read more
Happy Times for Borosil Renewables As Duty on Solar Glass Imports Notified Updated On Mon, Mar 15th, 2021 by Saurenergy India’s Ministry of Finance has formally notified the levy of a countervailing duty (CVD) on the cost, insurance, and freight (CIF) value on the imports of textured and tempered (whether coated or uncoated) glass from Malaysia. the move follows a recommendation from the country’s DGTR (Directorate General of Trade Remedies) in December last year, when […] Read more
Blockchain Powered LO3 Energy Gets $11 Million For Distributed Energy Marketplace Updated On Mon, Mar 15th, 2021 by Saurenergy Portland, US based LO3 Energy has announced the first close of its $11 million Series B led by existing investor Shell Ventures. The money will go towards further development of Pando, LO3 Energys blockchain based solution that creates a marketplace for renewable energy at a community level. The latest infusion sees LO3’s total fund raising […] Read more