Renewable Source Catered to 52% of Portugal’s Energy Needs in 2018 Updated On Fri, Jan 4th, 2019 by Saurenergy The balance of trade favoured exports for the third year in a row and amounted to around 5% of domestic consumption. In a massive achievement, Portugal met 52% of its power need through renewable sources, a press release by Portuguese power utility Redes Energeticas Nacionais (REN) shows. Renewable production supplied 52% of domestic consumption, plus […] Read more
Sao Mai Group and HD Bank Sign Agreement for 210 MW Solar Park in Vietnam Updated On Fri, Jan 4th, 2019 by Saurenergy Sao Mai Solar PV1 is one of the largest scale projects in Southeast Asia built on an area of 275 hectares, with a capacity of 210 MW. One of the largest conglomerate in Vietnam, Sao Mai Group has signed an agreement with HD bank for the development of 210 MW capacity power plant in An […] Read more
KERC Proposes Generic Tariff for Wind Projects at Rs 2.95/KWh Updated On Fri, Jan 4th, 2019 by Saurenergy After finalizing the proposal and getting approvals, this will become the ceiling tariff for wind tenders in the state of Karnataka during the FY. Bringing uniformity to the wind power space in Karnataka, The Karnataka Electricity Regulatory Commission has proposed the generic tariff for the year 2019-20 at Rs 2.95 per kilowatt hour. After finalizing […] Read more
CEL Issues Tender for 11 MW Solar Project in Maharashtra Updated On Thu, Jan 3rd, 2019 by Saurenergy The minimum size of a single project project has to be 400 KW to 500 Kw and the deadline for the submission of bid is January 14, 2019. The Central Electronics Limited (CEL) has issued a tender for the development of a 11 MW grid connected solar power plant in Maharashtra. The minimum size of […] Read more
Ørsted Commissions 20 MW Battery in UK Updated On Thu, Jan 3rd, 2019 by Saurenergy The 20 megawatt (MW) battery, located in Liverpool, consists of three battery containers, as well as the associated power conversion system. Ørsted, Denmark’s biggest energy company has commissioned its first large-scale battery energy storage project of 20MW capacity. This project supports the 90MW wind farm’s production scheduling as well as providing some grid services. The […] Read more
MNRE to Compile List of All Solar PV Cells and Modules Updated On Thu, Jan 3rd, 2019 by Saurenergy All the models and developers which comply with the BIS standard will be complied in a list called ‘Approved List of Models and Manufacturers’. In accordance with the BIS certification for solar modules and solar cell manufacturer and to ensure the longevity of such projects, the Ministry of New and Renewable Energy (MNRE) has decided […] Read more
Rajasthan Amends Net Metering Regulations Updated On Thu, Jan 3rd, 2019 by Saurenergy The regulations will be enforced after its notification in the official gazette and specifically deliberates upon “Energy Accounting and Settlement”. Bringing clarity to the renewable energy framework for grid interactive small solar power plants and solar rooftop installations, The Rajasthan Electricity Regulatory Commission has amended the state’s net metering regulations. The regulations will be enforced […] Read more
BEST to extend 677 MW PPA with Tata Power Updated On Wed, Jan 2nd, 2019 by Saurenergy This will ensure cheaper power to Mumbai consumers with the added advantage of hydro peaking power at rates which are cheapest in the country. Maharashtra Electricity Regulatory Commission (MERC) has allowed Brihanmumbai Electric Supply and Transport Undertaking (BEST) to extend its existing Power Purchase Agreement (PPA) with The Tata Power for 677 MW supplied from […] Read more
Tata Cleantech Capital Raises Rs 180 Cr via Green Bond Updated On Wed, Jan 2nd, 2019 by Saurenergy Further, the bonds have been rated CRISIL AAA/ Stable and the proceeds of the bond will be exclusively applied to finance eligible green projects. Tata Cleantech Capital Ltd, a joint venture between Tata Capital and the International Finance Corporation (IFC), has raised Rs 180 crore through its maiden green bond for 5 years from FMO […] Read more
