Rural Electrification Corporation Posts Q4 Profit Rise of 50% Updated On Sat, May 25th, 2019 by Saurenergy The REC’s total income increased to Rs 6,685.90 crore in the March quarter, compared with Rs 5,948.09 crore a year ago. State-owned Rural Electrification Corporation (REC) posted around 50 percent jump in standalone net profit to Rs 1,256.13 crore in the March 2019 quarter, mainly on the back of higher income. The company’s standalone net […] Read more
MNRE Mulling Over Public Portal To Disclose Payment Delays by Discoms Updated On Fri, May 24th, 2019 by Saurenergy MNRE may open an online portal to publicly disclose the status of Discoms’ payments. The Ministry of New and Renewable Energy (MNRE) is considering setting up a web portal to publicly disclose payment delays to renewable energy players from power distribution companies (Discoms). The move is expected to usher in more transparency in pending payments. […] Read more
Enel, Enertag and Leclanche Commission 22 MW Storage System in Germany Updated On Fri, May 24th, 2019 by Saurenergy The system, which involved a total investment of approximately 17 million euros, is supporting the stability of the German electricity network by providing frequency regulation services to the country’s Primary Control Reserve (PCR) market. Enel Green Power Germany (EGP Germany), Germany-based renewable energy company Enertag and Swiss energy storage solutions company Leclanché recently inaugurated the […] Read more
EVs, Batteries Can Drive Solar Rooftop Growth, Says Report Updated On Fri, May 24th, 2019 by Saurenergy In order to boost the growth of renewable energy including solar rooftop, the dropping costs of electric vehicles (EVs) and batteries with equal grid market access can be helpful, says the report released by the Institute for Energy Economics and Financial Analysis (IEEFA). This ‘Electric Vehicles and Batteries Can Drive Growth of Residential Solar’ report […] Read more
ADB Agrees To Help Finance 100-MW Solar Project in Cambodia Updated On Fri, May 24th, 2019 by Saurenergy The Asian Development Bank (ADB) said today it will extend a loan of USD 7.64 million to support the construction of a 100-MW photovoltaic (PV) park in Cambodia. The National Solar Park Project was developed with grants from the governments of Canada and Singapore and envisages the installation of a power plant in Kampong Chhnang […] Read more
Kimberly-Clarks Turns On Rooftop Solar Plant at Tuas Facility Updated On Fri, May 24th, 2019 by Saurenergy The plant, which has been developed using 7,730 photovoltaic panels mounted on its roof will generate 3.5 Gigawatt-Hours (GWh) of clean energy, enough to power up a thousand 3-bedroom HDB flats for a year. American multinational personal care corporation, Kimberly-Clark has announced the commissioning of its solar installation at its manufacturing facility in Tuas, Singapore. […] Read more
Generic Tariff For Solar Projects Set at Rs 3.94-4.06/kWh in Himachal Pradesh Updated On Fri, May 24th, 2019 by Saurenergy The Himachal Pradesh Electricity Regulatory Commission (HPERC) has set the generic levelised tariffs for solar PV projects in the state for a period of six months between October 1, 2019, and March 31, 2020. The generic tariffs have been set under the HPERC (Promotion of Generation from the Renewable Energy Sources and Terms and Conditions […] Read more
MES Issues Tender For 500 kW Solar Plant in Jamnagar Updated On Fri, May 24th, 2019 by Saurenergy The last date for submission of bids is June 20, 2019 The Military Engineer Services has issued a tender, seeking bids from eligible parties to develop 500 kW solar PV power plant at the MIL station in Jamnagar. The scope of work for the selected bidders will include the design, supply, installation, testing and commissioning […] Read more
Solar Dominates as China Approves 21 GW of Subsidy Free RE Projects Updated On Thu, May 23rd, 2019 by Saurenergy Chinese authorities approved list puts solar projects ahead of wind and other renewables China’s top economic planning agency, the National Development and Reform Commission (NDRC) has given the nod to the first batch of renewable projects under its new zero-subsidy policy. NDRC gave a go-ahead to 20.8 GW of renewable energy projects that will be […] Read more
