BCD Will Raise Solar Purchase Cost by Rs 900 Cr pa for Off-takers: Ind-Ra Updated On Wed, Mar 24th, 2021 by Saurenergy The imposition of BCD will lead to an increase in solar tariffs which will increase power purchase costs for solar off-takers by Rs 900 crore annually India Ratings and Research (Ind-Ra) has come out and said that the imposition of basic customs duty (BCD) on solar cells and modules with effect from 1 April 2022 […] Read more
EIB Co-Finances Construction of 450 MW Offshore Wind Farm in France Updated On Wed, Mar 24th, 2021 by Saurenergy EIB has granted a EUR 350 mn credit line to a consortium of EDF-R, Enbridge & wpd to co-finance construction of an offshore wind farm in France The European Investment Bank (EIB) has granted a EUR 350 million credit line to a consortium made up of EDF Renouvelables, Enbridge and wpd to co-finance the construction of […] Read more
POWERGRID Takes Remaining 74% Stake in Jaypee Powergrid Limited JV Updated On Tue, Mar 23rd, 2021 by Saurenergy POWERGRID has signed an agreement with JPVL to acquire 74% stake in Jaypee Powergrid Limited-JV in which POWERGRID already holds 26% equity. Power Grid Corporation of India Limited (POWERGRID), a Maharatna PSE under the Ministry of Power, Government of India has announced that it has signed a Share Purchase Agreement with Jaiprakash Power Ventures Limited […] Read more
BHEL Secures 1st Overseas Contract for Grid-Tied Solar Plant in Mauritius Updated On Tue, Mar 23rd, 2021 by Saurenergy BHEL has secured its maiden overseas turnkey contract for a grid-tied 8 MW solar power plant to be developed in Mauritius on an EPC basis. Bharat Heavy Electricals Limited (BHEL) has announced that it has achieved another milestone in international business by securing its maiden overseas turnkey contract for a grid-connected 8 MW ac solar […] Read more
India’s $122 Billion Energy Stimulus a Mixed bag for its Energy Transition: Report Updated On Tue, Mar 23rd, 2021 by Saurenergy A new report shows the government’s stimulus for the energy sector, despite being the largest, is a ‘mixed bag’ for its energy transition While India has committed more public money than any other economy to date – at least USD 122 billion (~Rs 8.8 lakh crore) – to support the energy sector since the start […] Read more
Adani to Develop Green Hydrogen Projects in India, Partners With Maire Tecnimont Updated On Tue, Mar 23rd, 2021 by Saurenergy Maire Tecnimont and Adani Enterprises will explore the development of industrial projects producing chemicals, ammonia and hydrogen in India Italian conglomerate Maire Tecnimont has announced that it has, through its subsidiaries NextChem, Stamicarbon and MET Development (MET DEV), signed a Memorandum of Understanding (MoU) with Adani Enterprises to explore the development of industrial projects using […] Read more
Operability Manager LC Updated On Mon, Mar 22nd, 2021 by Saurenergy Role Summary/Purpose: The Systems Simulation teams are devoted to Wind Turbine systems modeling, performance, loads analysis and control tuning for GE Onshore Wind LC New Products, Cost-out programs and Fleet support, with a strong focus on product optimization. The Operability Manager leads the Operability team, reporting directly to the LC Systems Simulation Leader. Operability is […] Read more
MNRE Urgently Needs Strategic Plan to Achieve 100 GW Solar Target: SCOE Updated On Mon, Mar 22nd, 2021 by Saurenergy The SCOE has recommended MNRE to speedily work out a strategic plan to achieve the target of 100 GW solar energy within the deadline of 2022 The Standing Committee on Energy (SCOE) recently presented its 17th report on ‘Action Plan for the achievement of 175 Gigawatt (GW) Renewable Energy Target’, relating to the Ministry of […] Read more
DOE Announces $24.5 Million for Manufacturing Flow Batteries and Resilient Electric Grids Updated On Sat, Mar 20th, 2021 by Saurenergy The United States Department of Energy (DOE) has announced USD 24.5 million to support manufacturing of resilient, modern electricity infrastructure, flow battery systems, and to address the climate emergency. According to DOE, the funding opportunities will uphold research and development (R&D) for the materials and technologies needed to expand the grid with new, clean-energy sources, […] Read more
