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
Carbon Neutrality in Mobility: Is it possible? Updated On Fri, May 8th, 2020 by Saurenergy India is the third-largest emitter of greenhouse gases (GHGs) in the world after China and the US. To move towards carbon neutrality, being energy efficient is crucial. Economic growth is propelled by rapid urbanization and industrialization and manufacturing accounts for around onethird of global carbon dioxide emissions. Carbon emissions have increased threefold since the ‘70s. […] 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
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
IEX Reports 6.6 Percent Decline in Power Trade in April 2020 Updated On Wed, May 6th, 2020 by Saurenergy IEX has stated that its electricity market saw a trade of 4052 MU in the month of April 2020, witnessing a decline of 6.6 percent YoY. The Indian Energy Exchange (IEX), the country’s premier energy exchange platform has stated that the electricity market at IEX saw a trade of 4052 MU in the month of […] 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
Ashish Khanna, MD & CEO, Tata Power Solar on Workforce Development Updated On Tue, May 5th, 2020 by Saurenergy A skilled workforce is a crucial element that contributes to a vibrant industry, something that is true for the renewable energy industry in the country too. Lack of skilled manpower has been identified as one of the most prominent challenges for the sector. So workforce development is an essential and ongoing process for any organization […] Read more
Covid Side Effects- Diesel in Delhi Pricier Than Mumbai For First Time Ever Updated On Tue, May 5th, 2020 by Saurenergy The Coronavirus has achieved something almost nothing could in the past few decades. Brought the price of diesel in Delhi above the ruling price in Mumbai. After a steep increase in VAT 9 (Value Added Tax) by the state government in Delhi today, both petrol and diesel prices in the city state are up by […] Read more
Adani Green Turns into Black in Q4; Posts Net Profit at Rs 56 Cr Updated On Mon, May 4th, 2020 by Saurenergy Adani Green Energy Ltd (AGEL), an arm of Ahmedabad-based multinational conglomerate Adani Group, has reported a swing to consolidated net profit after taxes (PAT) of Rs 56 crore in the fourth quarter ended March 31, 2020, driven by the decline in total expenses of the company. “The consolidated net loss of the company stood at […] Read more