APTEL Sees Merit in Petition by Adani Firms Seeking Project Tariff at Rs. 7.01/unit Updated On Mon, Oct 10th, 2022 by Saurenergy Appellants Kamuthi Solar Power Ltd (KSPL) and Ramnad Renewable Energy Ltd (RREL). The two appellants involved have Adani Green Energy as their parent company. Respondents Tamil Nadu Electricity Regulatory Commission (TNERC); Tamil Nadu Generation and Distribution Corporation Limited; Chief Engineer/Non‐Conventional Energy Sources (NCES); Tamil Nadu Transmission Corporation Limited The Appeal The two appeals have been […] Read more
Mizoram Looks Towards Centre to Fund Solar Water Pumps Updated On Mon, Oct 10th, 2022 by Saurenergy An official statement from the State Government of Mizoram has revealed that the State has asked for funding from the Central Government for solar water pumps. The pumps are to assist the farmers of the State and help provide water for farm irrigation. The statement held that last week, the Agriculture Minister C Lalrinsanga had […] Read more
Ilmatar Gets Aid to Build Finland’s Largest RE Hybrid Park Updated On Mon, Oct 10th, 2022 by Saurenergy Finland’s Ministry of Economic Affairs and Employment (MEAE) has granted EUR 19.5 million in aid to Helsinki-headquartered Ilmatar Energy Oy for the development of a renewable energy hybrid park in the areas of Alajärvi and Kyyjärvi of considerable size by Finnish and European standards. The official statement of Ilmatar has held that the hybrid energy […] Read more
Goldwind To Supply 111 Wind Turbines To Masdar For Uzbekistan Wind Project Updated On Mon, Oct 10th, 2022 by Saurenergy Chinese multinational wind turbine manufacturer Goldwind has announced that it has secured a novel deal with Masdar (Abu Dhabi Future Energy Company) for the supply of 111 units of GW155-4.5MW turbines. The turbines will be supplied for the largest of its kind project in Uzbekistan and Central Asia. Goldwind held that the agreement with Masdar […] Read more
Orlando’s iAIRE Launches New Patented Solar HVAC Updated On Fri, Oct 7th, 2022 by Saurenergy Orlando-based designer and manufacturer of customized solutions for cleaner air and reduced energy costs, iAIRE has launched its patented Solar HVAC for homes and businesses across all industries in the USA. This is to provide Americans access to high-quality and energy-saving resources. iAIRE says that its technology not only saves money on equipment, installation and […] Read more
Green Marketplace Reneum Raises $4.1M Pre-Seed Funding Led by Ajeej Capital Updated On Fri, Oct 7th, 2022 by Saurenergy The blockchain-based green energy marketplace Reneum Institute has announced that it has secured a $4.1 million pre-seed funding round led by Ajeej Capital, a major player in the Dubai investment sector. Reneum just graduated from the polygon-backed accelerator program run by Outlier Ventures and is an investor. Reneum is additionally supported by the MENA and […] Read more
RERC Proposes Free Solar Power to Rajasthan DISCOMs Updated On Fri, Oct 7th, 2022 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC), which issued the tariff decision for 2022–2023 last month, urged the state government to explore adopting legislation requiring solar power providers that are exporting electricity to provide 10% free power to the state’s DISCOMs. Over the past year, the subject has occasionally been discussed in meetings between government officials […] Read more
Coping With Volatility- The New Reality Of EPC Contracts Updated On Thu, Oct 6th, 2022 by Saurenergy Engineering, procurement and construction (EPC) firms are operating in an environment of uncertain, complex and ambiguous conditions. They are hit hard by rising commodity prices and cost escalation, exacerbating pressure on margins. The need of the hour is to work transparently and find collaborative solutions to arrive at win-win solutions to manage volatility. Total installed […] Read more
European Union to Invest $5.2 Billion More for Green Hydrogen Projects Updated On Tue, Oct 4th, 2022 by Saurenergy To provide a major thrust to hydrogen development in the region, the European Commission (EC) has approved $5.2 billion in public funding. The EU said that the new investments will also be attracting about $6.8 billion in private funding for the hydrogen industry. The EU held that 13 countries will be giving funds for a […] Read more