Adani Green Energy Completes Acquisition of 205 MW Solar Assets From Essel Updated On Thu, Oct 1st, 2020 by Saurenergy Adani Green Energy has completed the acquisition of 205 MW operating solar assets from Essel Green Energy Private Limited and Essel Infraprojects Limited. Adani Green Energy Limited (AGEL), the renewable energy business of the Adani Group, has announced that it has completed the acquisition of 205 MW operating solar assets from Essel Green Energy Private […] Read more
Global Energy Storage Capacity to Reach 741 GWh by 2030: WoodMac Updated On Thu, Oct 1st, 2020 by Saurenergy A new report by Wood Mackenzie’s has estimated that the global energy storage capacity additions could grow to reach 741 GWh of cumulative capacity by 2030. A new report by research agency Wood Mackenzie’s has estimated that the global energy storage capacity additions could grow at a compound annual growth rate (CAGR) of 31 percent, […] Read more
GUVNL Tenders for Procuring 500 MW Solar Power Updated On Wed, Sep 30th, 2020 by Saurenergy GUVNL has issued a tender, inviting bids from eligible projects and project developers for the purchase of 500 MW of solar power. The Gujarat Urja Vikas Nigam Limited (GUVNL) has issued a tender, inviting bids from eligible projects and project developers for the purchase of 500 MW of solar power through competitive bidding. The solar […] Read more
Sungrow Celebrates Grid-Connection of China’s Largest Solar Plus Storage Project Updated On Wed, Sep 30th, 2020 by Saurenergy Sungrow is celebrating the grid connection of China’s largest solar-plus-storage project teaming up with Huanghe Hydropower Development. Sungrow, a leading inverter solution supplier for renewables, is celebrating the grid connection of China’s largest solar-plus-storage project teaming up with Huanghe Hydropower Development. Comprising of a 2.2 GW PV park and a 202.86 MW/202.86 MWh energy storage […] Read more
NHDC Tenders for Price Discovery of EPC Contract for 1500 MW Solar Projects Updated On Wed, Sep 30th, 2020 by Saurenergy NHDC has issued a limited tender for the price discovery of EPC Contract for BOS for the development of solar power projects of NHDC in RUMSL, MP. NHDC Ltd, a Joint Venture of NHPC Ltd and the Government of Madhya Pradesh, has issued a limited tender for the price discovery of EPC Contract for Balance […] Read more
“I have not witnessed a demand like this for the last five years” Updated On Tue, Sep 29th, 2020 by Saurenergy Established in 2013, Artha Energy Resources (AER), is a boutique investment bank and developer focusing primarily in the renewable energy sector. It is India\s first and only investment bank focused on the Indian renewable energy sector. Currently, Artha Energy Resources has advised on renewable energy transactions worth $812 million, including 150 MW in large hydro projects, […] Read more
EDF Renewables Signs Contract for Storage Expansion at Maverick 6 Updated On Tue, Sep 29th, 2020 by Saurenergy EDF Renewables has signed a storage contract for expansion to the previously announced 20-year solar PPA for the Maverick 6 project in California. EDF Renewables North America has announced the signing of a storage contract with CleanPowerSF as an expansion to the previously announced 20-year solar Power Purchase Agreement (PPA). The 100 megawatts (MWac) Maverick […] Read more
MNRE Issues Amendments for its Dispute Resolution Mechanism Updated On Mon, Sep 28th, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued amendments to the guideline for the operation of its Dispute Resolution Mechanism to consider the unforeseen disputes between solar and wind power developers and SECl/ NTPC/ NHPC, beyond their contractual agreements. A few key amendments made by the ministry: 1. The DRC will consider all […] Read more
Old King Coal is Dead – Long Live The King Updated On Sat, Sep 26th, 2020 by Saurenergy Coal is the dominant source of energy in India because it’s locally available and has historically been quite cheap, more so because there hasn’t been aggressive regulation or taxation upon its externalities yet. However, future coal will look different than older coal because it will have to be more sustainable and also cost-effective. Renewable energy […] Read more