APERC Approves Cancellation of Two Wind PPAs, Orders Discom to Pay Compensation Updated On Wed, Jul 14th, 2021 by Saurenergy The Andhra Pradesh Electricity Regulatory Commission (APERC) has issued a new order, ruling that the power purchase agreements (PPAs) entered into by wind developers Vibrant Greentech and Chaitanya Projects with the Southern Power Distribution Company of Andhra Pradesh (APSPDCL) were not binding for the state distribution company. The ruling came in response to the petitions filed […] Read more
Avaada Has A Bangkok Connect, As Thailand’s GPSP Buys 41.6% Stake for Rs 3400 crores Updated On Wed, Jul 14th, 2021 by Saurenergy Leading Thailand based power utility-Global Power Synergy Public Company (GPSC) has acquired a 41.6% stake in renewable energy major Avaada Energy Private for Thai Baht 14.82 billion (Rs 33.88 billion). That makes it among the largest renewable energy deals in India, which continues to consolidate as well as attract global capital. Deal Announcement GPSP firm […] Read more
GoodWe To Expand Residential Inverter Production, Received Order of 5000 units Updated On Tue, Jul 13th, 2021 by Saurenergy The Chinese solar PV inverter manufacturer GoodWe has today announced that it has received an order of 5,000 residential inverter units from the Germany-headquartered photovoltaic distributor, Krannich Solar. Hence, the firm will have to ramp up its residential inverter production. With the COVID-19 situation easing across various states, EPC and installers have resumed their projects […] Read more
5MW Second Phase Solar Plant Commissioned by GMR Hyderabad Airport Updated On Tue, Jul 13th, 2021 by Saurenergy GMR Hyderabad International Airport Ltd (GHIAL) said yesterday that it has commissioned the 5 MW second phase of its solar power plant, taking its total solar power capacity to 10MW. The solar plant, set up for captive consumption, is spread over an area of 45 acres and comprises over 30 thousand solar panels that have […] Read more
Scientists in Saudi Arabia Make 27% Efficient n-i-p Perovskite Tandem Cell Updated On Tue, Jul 13th, 2021 by Saurenergy Researchers led by Saudi Arabia’s King Abdullah University of Science and Technology (KAUST) have demonstrated a tandem cell based on an n-i-p perovskite stacked on top of a silicon heterojunction cell that achieved 27% efficiency, breaking the previous record of 22%. Monolithic perovskite/silicon tandem solar cells are currently of interest thanks to their high power […] Read more
CERC Notice To Power Trading Firms For Failing to Maintain Net Worth Updated On Fri, Jul 9th, 2021 by Saurenergy For National Energy Trading Services Limited, and Atria Energy Services Private Limited, a weak balance sheet submitted to the Central Electricity Regulatory Commission (CERC) for downgrading their energy trading licenses has landed both in a hot soup. In both cases, the Central Regulator, after going though the documents on record, has seen a fit case […] Read more
Except Two, All Union Territories and Goa Fail to Meet RPO Targets FY21, Shows JERC’s Analysis Updated On Thu, Jul 8th, 2021 by Saurenergy Except Chandigarh and Andaman & Nicobar Islands, all other union territories and Goa have failed to achieve their solar renewable purchase obligation (RPO) targets, shows the Joint Electricity Regulatory Commission (JERC)’s analysis of RPO targets for 2020-21 based on the data received from the regions under its jurisdiction. The full analysis can be accessed here. […] Read more
ACME, Renew Win MSEDCL 500 MW Solar Tender Updated On Thu, Jul 8th, 2021 by Saurenergy ACME Solar continued its strong return to markets in 2021, with another 300 MW win in Maharashtra State Electricity Distribution Company Limited (MSEDCL)’s 500 Mw solar tender. ACME bid at Rs 2.42 /unit. The second winner was another renewable energy firm that has opened up better capital market access recently, ReNew Power, which bid Rs […] Read more
SECI Wins Crucial Case At APTEL On Trading Margins, For Now Updated On Tue, Jul 6th, 2021 by Saurenergy The Ruling against orders by the Delhi and Punjab regulators will be a relief to the central agency. In a detailed 77 page judgement delivered on July 2nd, a two judge bench of the Appellate Tribunal For Electricity (APTEL) had delivered welcome news to SECI (Solar Energy Corporation of India) on its precious trading margin […] Read more
