For India’s Power Sector, A Simple Test To Evaluate The $266 billion Stimulus Updated On Wed, May 13th, 2020 by Saurenergy Yesterday, Prime Minister Narendra Modi delivered yet another surprise, this time pleasant, in his 8 p.m address to the nation. The workaholic PM, whose evening addresses to the nation have achieved somewhat of a legendary status ever since the first big one delivered demonetisation in 2016, delivered one of his most enigmatic speeches, staying away […] Read more
ARENA to Support BP Study to Scale Renewable Hydrogen in Australia Updated On Mon, May 11th, 2020 by Saurenergy ARENA has announced AUD 1.71 million in funding to BP Australia to assess the feasibility of building a renewable hydrogen facility in Western Australia. On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has announced AUD 1.71 million in funding to BP Australia Pty Ltd (BP Australia) to assess the feasibility of […] Read more
SECI Discovers Rs 2.90/kWh Tariff in 400 MW Round-The-Clock RE Tender; ReNew Power Emerges as Winner Updated On Fri, May 8th, 2020 by Saurenergy State-owned Solar Energy Corporation of India (SECI) has discovered a tariff of Rs 2.90/kWh in its tender for Round-The-Clock’ (RTC) supply of 400 MW renewable energy (RE) power to NDMC, New Delhi, and Dadra & Nagar Haveli. ReNew Power has emerged as the winner under this tariff-based competitive bidding (RTC-I) and won complete 400 MW of […] Read more
COVID Impact: Siemens Gamesa Incurs Loss; Challenges in India Business Updated On Fri, May 8th, 2020 by Saurenergy Siemens Gamesa has said its performance in the second quarter of FY 2020 reflected the impact of COVID-19 pandemic on its operations and commercial activity Siemens Gamesa Renewable Energy has reported that its performance in the second quarter of FY 2020 (January-March) reflected the unexpected effect of the COVID-19 pandemic on its operations and commercial […] Read more
kWh Analytics Closes a Solar Revenue Put with Capital Dynamics and More Updated On Fri, May 8th, 2020 by Saurenergy kWh Analytics, a solar risk management firm, has structured a ‘Solar Revenue Put’ as part of the refinancing of a 173 MW PV facility in California kWh Analytics, a market leader in solar risk management, has announced that it has structured a ‘Solar Revenue Put’ as part of the refinancing of the 173 MW DC […] Read more
First Solar Inks Supply Agreement for 415 MW PV Modules With Geronimo Energy Updated On Thu, May 7th, 2020 by Saurenergy First Solar has entered into a supply agreement with Geronimo Energy to supply 415 MW of its Series 6 photovoltaic (PV) modules in 2022. First Solar has announced that it has entered into a framework supply agreement with Geronimo Energy, a National Grid company. Under the agreement, First Solar will supply 415 megawatts (MW) of its […] Read more
Mizoram Looking to Sell its Surplus Non-Solar Renewable Power on Short-Term Basis Updated On Thu, May 7th, 2020 by Saurenergy The Power & Electricity Department of Mizoram is looking to sell its surplus renewable power (non-solar) for the period July 22, 2020, to December 31, 2020. The Power & Electricity Department of Mizoram (PEDM) has issued a Notice Inviting Tenders (NIT) for the sale of its surplus renewable power (non-solar) for the period from July […] Read more
The Top 7 Solar Power Parks across the World Updated On Thu, May 7th, 2020 by Saurenergy A list of the 7 largest solar parks in the world, four of which are located in India and the remaining three in China. Although an outsider right now, the Mohammed Bin Rashid Al Maktoum Solar Park in Dubai with a planned 5000 MW capacity could soon make its way to the top of the […] Read more
ICRA Stands in Favour of Draft Amendments Proposed in Electricity Act Updated On Wed, May 6th, 2020 by Saurenergy ICRA believes that the draft amendments proposed in the Electricity Act can strengthen the sanctity of power supply contracts and bring reforms in the distribution segment. ICRA Limited, an independent investment information and credit rating agency, has stated that it believes that the draft amendments proposed in Electricity Act, 2003 have the scope to strengthen […] Read more
