Ørsted Acquires 227 MW Under Construction Solar Plant in the US Updated On Fri, Jul 10th, 2020 by Saurenergy Ørsted is expanding its solar footprint with the acquisition of the 227 MW ac under construction Muscle Shoals solar project located in Alabama, US. Global offshore wind and renewable major Ørsted has announced that it is expanding its solar footprint with the acquisition of the 227 MW ac under construction Muscle Shoals solar project located […] Read more
Now Punjab Wants to Tear Up Solar Contracts Updated On Fri, Jul 10th, 2020 by Saurenergy Even as the issues from Andhra Pradesh are still to be resolved, comes the news of Punjab State Power Corporation Limited (PSPCL), the key state discom, pushing for a 10 percent discom from solar power producers. PSCL’s logic? The hit to collections during the Covid-19 pandemic, and the amazing argument that while determining the rate, […] Read more
PM Modi to Dedicate 750 MW Rewa Solar Project to the Nation Updated On Fri, Jul 10th, 2020 by Saurenergy PM Narendra Modi will dedicate to the nation the 750 MW Solar Project set up at Rewa, Madhya Pradesh on July 10, 2020. Prime Minister Narendra Modi will dedicate to the nation the 750 MW Solar Project set up at Rewa, Madhya Pradesh on July 10, 2020. The Rewa Ultra Mega Solar Park in Madhya […] Read more
APAC now the World’s Largest Wind Turbine Manufacturing Hub: GWEC Updated On Thu, Jul 9th, 2020 by Saurenergy A new analysis has revealed that the Asia Pacific (APAC) has now become the world’s largest wind turbine manufacturing hub after a decade of development. A new analysis has revealed that Asia Pacific (APAC) remained a strong manufacturing hub for wind turbine OEMs with record-high supply-side deliveries. It adds that although most Asian suppliers have […] Read more
Nearly 14 GW of Wind Turbine Capacity Ordered Globally in Q1 2020: WoodMac Updated On Thu, Jul 9th, 2020 by Saurenergy Q1 2020 saw nearly 14 GW of wind turbine capacity ordered globally, the second-highest first quarter on record, and equates to USD 13.4 billion. The first quarter (Q1) of 2020 saw nearly 14 GW of wind turbine capacity ordered globally. This is the second-highest first quarter on record and equates to an estimated USD 13.4 […] Read more
Natron Raises $35 Mn to Expand Sodium-Ion Battery Commercialisation Updated On Thu, Jul 9th, 2020 by Saurenergy Natron Energy, a leading developer of low-cost Sodium-ion batteries using Prussian Blue chemistry, has raised USD 35 million in Series D funding Natron Energy, a leading developer and supplier of high-power, long-life and low-cost Sodium-ion batteries using Prussian Blue chemistry, has announced that it has raised USD 35 million in Series D funding to further […] Read more
Viability of Rs 2.36/Unit to Depend on Module Prices & Duty: ICRA Updated On Thu, Jul 9th, 2020 by Saurenergy The viability of the Rs 2.36/Unit tariffs are critically dependent on PV module prices and the proposed pass through on import duty, according to ICRA. The recently concluded tranche IX auction for inter-state transmission systems (ISTS) solar projects by the Solar Energy Corporation of India (SECI) yielded the lowest ever tariffs at Rs 2.36/unit, considerably […] Read more
NHDC Empaneling Module Manufacturers for its Solar Projects Updated On Wed, Jul 8th, 2020 by Saurenergy NHDC has issued a global tender for the empanelment of experienced and capable solar PV module manufacturers for the development of its solar power projects NHDC Limited, a JV company between NHPC Ltd and the Government of Himachal Pradesh, has issued a global tender for the empanelment of experienced and capable solar PV module manufacturers […] Read more
L&T Infrastructure Finance Closes $100 Million ECB Loan From AIIB Updated On Wed, Jul 8th, 2020 by Saurenergy L&T Infrastructure Finance has received the first tranche of 50 million dollars of the total 100 million external commercial borrowing loan from the AIIB. L&T Infrastructure Finance Company Ltd (LTIF) has received the first tranche of 50 million dollars of the total 100 million external commercial borrowing loan from the Asian Infrastructure Investment Bank (AIIB), […] Read more