Tata Power-DDL, IFC Collaborate to Assess Battery Storage Demand Updated On Sat, Aug 24th, 2019 by Saurenergy The motive behind the move is to ensure sustainable and reliable power distribution and to formulate a business model for storage deployment in distribution utilities. Tata Power Delhi Distribution Ltd (Tata Power-DDL), a distribution arm of Tata Power, has entered into an agreement with International Finance Corporation (IFC), a member of the World Bank Group, […] Read more
India Ratings Raises Risk Concern for PPAs Signed With SECI, NTPC Updated On Thu, Aug 8th, 2019 by Saurenergy In its revenue risk analysis, the India Ratings and Research a part of Fitch Group found that the Power Purchase Agreements signed by NTPC and SECI are vulnerable to risks. Contrary to the general belief that the PPAs signed between the Renewable energy companies and reliable counter parties like Solar Energy Corporation of India (SECI) […] Read more
Masdar Signs MoU in Armenia for Development of 500 MW RE Projects Updated On Mon, Jul 15th, 2019 by Saurenergy Masdar has signed an MoU to pursue renewable energy opportunities to the tune of 500 MW in solar and wind energy projects in Armenia. Masdar or the Abu Dhabi Future Energy Company has announced the signing of a Memorandum of Understanding (MoU) to pursue renewable energy opportunities in the Republic of Armenia, a country with […] Read more
NSEFI Urges Govt to cap RE Tariff at Rs 3/Unit under SECI/NTPC Auctions Updated On Mon, Jul 15th, 2019 by Saurenergy NSEFI has urged the government to cap tariff from all renewable energy sources at Rs 3 per unit for auctions by state-owned SECI and NTPC. The National Solar Energy Federation of India (NSEFI), an umbrella organization of all solar energy stakeholders of India, has urged the government to cap tariff from all renewable energy sources at Rs 3 per unit […] Read more
Madurai Airport Goes Solar, Meets 30% of Power Needs from RE Updated On Mon, Jul 8th, 2019 by Saurenergy Amidst the call to make its an International airport, the Madurai Airport has started to save big on electricity bill as the solar power is meeting more than a quarter of its electricity needs India’s 32nd busiest terminal, Madurai Airport is successfully cutting down its electricity bill as it meets 30% of its power requirement […] Read more
Total Eren Begins Work on 128 MW Solar Projects in Kazakhstan Updated On Mon, Jul 8th, 2019 by Saurenergy Total Eren has announced the beginning of construction of two solar PV projects in Kazakhstan totalling a capacity of 128 MW. Total Eren, a leading renewable energy Independent Power Producer (IPP) based in Paris, has announced that it has begun the construction of two solar PV projects in Kazakhstan totalling a capacity of 128 MW. […] Read more
ADB Grants $30 Million Loan for 100 MW Solar Project in Kazakhstan Updated On Thu, Jul 4th, 2019 by Saurenergy ADB has granted a $30 million loan to M-KAT Green LLP to build and operate a 100 MW solar plant to boost the share of renewables in Kazakhstan’s energy mix. The Asian Development Bank (ADB) has signed an agreement for a $30.5 million loan in tenge equivalent to M-KAT Green LLP—a special purpose vehicle created […] Read more
Solar Market Predicted to Reach 4767 GW by 2026: Report Updated On Thu, Jul 4th, 2019 by Saurenergy According to a new report, the global solar power market will derive growth from the increasing awareness to grow to 4767 GW by 2026. According to a new report, the global solar power market will derive growth from the increasing awareness regarding conservation of conventional energy sources and reducing environmental pollution, to grow to 4767 […] Read more
Upcoming World’s Largest Cricket Stadium to Go Solar with Lubi Updated On Tue, Jul 2nd, 2019 by Saurenergy The company spokesperson when contacted said that, the solar plant will be erected in line with global renewable energy standards and will be able to derive optimum performance with hassle free operation. After complete demolition in late 2015, the Sardar Patel Stadium in Ahmedabad is currently under redevelopment and an overhaul phase. Once completed, this […] Read more
