MoP Amends Guidelines for Procurement of RTC Renewable Power Updated On Fri, Nov 6th, 2020 by Saurenergy The Ministry of Power (MoP) has issued amendments to guidelines for the procurement of RTC power from renewable projects, complemented with other sources. The Ministry of Power (MoP) has issued, in a Gazette Notification, amendments to guidelines for the tariff-based competitive bidding process for procurement of Round-The Clock (RTC) power from grid-connected renewable energy power […] Read more
ITI Tenders for Commissioning of 1.5 MW Solar Plant in Raebareli Updated On Thu, Nov 5th, 2020 by Saurenergy ITI has tendered for the commissioning of a 1.5 MW solar power plant with net-metering at its facility in Raebareli in Uttar Pradesh. ITI Limited has issued a tender, inviting bids from eligible bidders for the installation and commissioning of a 1.5 MW grid-connected solar power plant (rooftop/ground-mounted) with net-metering at the ITI facility in […] Read more
Sungrow Crosses 1 GW Mark for PV Inverter Shipments in Chile Updated On Tue, Nov 3rd, 2020 by Saurenergy Sungrow has hit the 1 GW mark for PV inverter cumulative shipments to Chile, and it took first place in the shipment ranking in Chile this year. Sungrow, a leading global inverter solution supplier for renewables, has announced that the Company hit the 1 GW PV inverter cumulative shipments to Chile and took first place […] Read more
StatKraft To Aquire Solarcentury In $152 M deal Updated On Tue, Nov 3rd, 2020 by Saurenergy Norwegian renewable energy major StatKraft has announced a deal to acquire UK based Solarcentury. The deal, worth a total of $152m (£118m) will involve StatKraft buying the shares from multiple investors, including PE investors, in Solarcentury, the largest solar PV firm in the United Kingdom. The London-based Solarcentury, a well-known name in the solar panel […] Read more
Total Portrays Resilience in Third Quarter Results Updated On Mon, Nov 2nd, 2020 by Saurenergy Total SE’s Board of Directors met on October 29, 2020, under the chairmanship of CEO Patrick Pouyanné to approve the Group’s third quarter 2020 financial statements. On this occasion, Patrick Pouyanné said: “After a second quarter in which the Group faced exceptional circumstances with oil prices falling below $20/b and a very strong slowdown of […] Read more
MSEDCL Petition to Float Open Tenders Under MSKVY Halted by MERC Updated On Mon, Nov 2nd, 2020 by Saurenergy MSEDCL has had its petition with MERC, seeking approval to float open tenders and taking land on lease by paying rent under MSKVY Scheme, halted for now. The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has filed a petition with the Maharashtra Electricity Regulatory Commission (MERC) seeking approval to float Open tenders and taking land […] Read more
MCX, IEX Sign Licensing Agreement to Launch Electricity Derivatives Updated On Fri, Oct 30th, 2020 by Saurenergy The Multi-Commodity Exchange of India (MCX) has entered into a licensing agreement with Indian Energy Exchange (IEX) to launch Electricity derivatives. The Multi-Commodity Exchange of India (MCX) has said it has entered into a licensing agreement with Indian Energy Exchange (IEX) to launch Electricity derivatives. The derivatives will be linked to IEX spot electricity prices […] Read more
Avaada Energy Receives $10 Mn in Funding From KfW Subsidiary Updated On Fri, Oct 30th, 2020 by Saurenergy Avaada Energy, one of the leading green energy companies in India, has received USD 10 million in funding from DEG, a subsidiary of the KfW Group. Avaada Energy, one of the leading green energy and renewable energy companies in India, has received USD 10 million in funding from development finance institution Deutsche Investitions- und Entwicklungsgesellschaft (DEG), […] Read more
Cost Reduction in Storage is Key for the Next Level of Solar Growth: Pradeep Chauhan Updated On Thu, Oct 29th, 2020 by Saurenergy Pradeep Chauhan, Country Manager, Indian Subcontinent for Solarpack Corporacion Tecnologica, SA, the Spanish solar firm making waves finds himself in focus, after his firm made a record low bid of Rs 2.36 to win a 300 MW share at a SECI Auction this year. Solarpack, which has been bidding, and growing aggressively in multiple markets, […] Read more
