IEX Launches GTAM Updated On Wed, Aug 19th, 2020 by Saurenergy CERC has Accorded Approval The Indian Energy Exchange (IEX) launched the Green Term-Ahead Market (GTAM) on its power trading platform after receiving approval from the Central Electricity Regulatory Commission (CERC). CERC accorded its approval through an order dated August 17, 2020. The IEX had filed a petition with the CERC regarding the same in 2018; […] Read more
MERC Approves Tariff of Rs.2.59/kWh for a Hybrid Project Updated On Tue, Aug 18th, 2020 by Saurenergy TPC-D had approached the commission seeking tariff approval The Maharashtra Electricity Regulatory Commission (MERC) at the behest of Tata Power Company Limited (Distribution) (TPC-D) has approved the tariff of Rs.2.59/kWh for evacuation of power from a wind+solar hybrid renewable energy project of capacity 225 MW. The project will be set up in parts in Rajasthan […] Read more
Siemens Gamesa Selected for Adani’s 473 MW Wind Project in Rajasthan Updated On Tue, Aug 18th, 2020 by Saurenergy Siemens Gamesa has received a firm order from Adani Green Energy for one of the largest wind power projects in India. A 473 MW project in Rajasthan. Siemens Gamesa Renewable Energy, one of the world’s leading wind turbine manufacturers and solutions provider has announced that it has received a firm order from Adani Green Energy […] Read more
MERC Rejects Grace Period Sought by 28 RE Generators Updated On Mon, Aug 17th, 2020 by Saurenergy Renewable Energy Generators were Seeking Grace Period in Implementation of MERC (Forecasting, Scheduling and Deviation Settlement for Solar and Wind Generation) Regulations The Maharashtra Electricity Regulatory Commission (MERC) has partially rejected a plea by renewable energy generators in Maharashtra seeking intervention in a matter regarding non-compliance of a MERC order regarding forecasting, scheduling and deviation […] Read more
Using RE to Power LNG Plants Could Reduce Emissions by 8% in APAC: WoodMac Updated On Mon, Aug 17th, 2020 by Saurenergy Using RE to power LNG plants in Asia Pacific (APAC) could reduce emissions by about 8 percent, according to an analysis by Wood Mackenzie. Using renewable energy (RE) to power liquefied natural gas (LNG) plants in Asia Pacific (APAC) could reduce emissions by about 8 percent, according to an analysis by Wood Mackenzie. Asia Pacific […] Read more
PM Modi Brings 7.5 GW Ladakh Solar Project Back into Focus Updated On Mon, Aug 17th, 2020 by Saurenergy PM Narendra Modi on Saturday during his Independence Day speech reinstated the Centre’s aim to establish a 7.5 GW solar power park in Ladakh Prime Minister Narendra Modi on Saturday during his Independence Day speech reinstated the Centre’s aim to establish a 7.5 GW solar power park in Ladakh to set the union territory on […] Read more
PFC Records Growth in Both Topline and Bottomline in COVID Affected Q1 Updated On Fri, Aug 14th, 2020 by Saurenergy PFC has reported strong financial results for COVID affected Q1, recording growth both in its topline and bottomline for the quarter. Amid rising strain in the power sector with faltering demand and increasing indebtedness, state-owned power sector financing institution, Power Finance Corporation (PFC) has reported a strong outcome in its financial results for COVID affected April-June quarter […] Read more
MNRE Grants Blanket 5-Month Extension for RE Projects due to COVID-19 Updated On Fri, Aug 14th, 2020 by Saurenergy MNRE has granted a 5-month time extension from March 25, 2020, to August 24, 2020, to all RE projects under implementation due to COVID-19 The Ministry of New and Renewable Energy (MNRE) has informed that in supersession to its previous orders, it has been decided that all renewable energy (RE) projects under implementation as on […] Read more
Lightsource bp Partners up for 300 MW Solar Project in Colorado Updated On Thu, Aug 13th, 2020 by Saurenergy McCarthy Building Companies has been named by Lightsource bp as the EPC Contractor for the 300 MW Bighorn Solar project in Colorado McCarthy Building Companies’ Renewable Energy & Storage team has been named by Lightsource bp as the Engineer, Procure, and Construction (EPC) Contractor for the 300 MW Bighorn solar project in Colorado, which will […] Read more