Reliance Industries to Buy 88% Shares in Kanoda Energy Systems Updated On Thu, Jan 3rd, 2019 by Saurenergy In a BSE filing, RIL mentioned that it will pay Rs 75 crore for the ownership and the deal will be fully complete by March 2020. Indian industrial giant Reliance Industries Limited (RIL) has entered into an agreement to purchase 88% equity shares of Kanoda Energy Systems Private Limited (KESL). In a BSE filing, RIL […] 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
100% Electrification in 25 States: RK Singh Updated On Thu, Jan 3rd, 2019 by Saurenergy Now, only about 10.48 Lakh households are left to be electrified in 4 States, Assam, Rajasthan, Meghalaya and Chhattisgarh. By the end of 2018, India has achieved 100% electrification in households in 25 states, The Minister of State for Power and New & Renewable Energy RK Singh said. Now, only about 10.48 Lakh households are […] Read more
West Bengal Issues Tender for 11 MW solar Energy Updated On Thu, Jan 3rd, 2019 by Saurenergy The project is for 900 grid connected solar rooftop power projects of 10 KW capacity and 100 units of 20 KW capacity at multiple locations. Increasing West Bengal’s share of solar power, West Bengal Renewable Energy Development Agency has issued a tender for the installation of 11 MW of solar power in the state. 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
Sembcorp Signs Deal with Cache Logistics for 7.9 MW Rooftop Plant Updated On Wed, Jan 2nd, 2019 by Saurenergy When fully installed in mid-2019, the system is expected to produce over 9,400 megawatt hours of power annually. Sembcorp Industries and Cache Logistics Trust have announced the signing of a solar power agreement for the installation and operation of rooftop solar farms at three logistics warehouses in Singapore owned by Cache. Sembcorp will install, own […] 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
Leclanché to Complete 100 MW of Storage Projects Updated On Wed, Jan 2nd, 2019 by Saurenergy Leclanché’s Lithium Titanate Cells (LTO)-based Battery Energy Storage System was selected to power this landmark project. Leclanché SA, one of the world’s leading energy storage solutions companies, was expected to complete more than 100 MWh of stationary storage projects around the world. Anil Srivastava, CEO of Leclanché announced during the 2018 Extraordinary General Meeting (EGM) […] Read more