Green Term-Ahead Market Will Boost RE Trading in India Updated On Fri, Oct 16th, 2020 by Saurenergy By August 2020, India had 88 gigawatts (GW) of installed renewable energy capacity. In the pipeline, as of June 2020, there was 47 GW of solar, wind and hybrid projects with another 24 GW of projects in the bidding phase (where tenders have been issued but auctions are yet to complete). And the start of trading on August 21, […] Read more
Greenbacker Expands into California Power Optimization Sector with Stem Updated On Thu, Oct 15th, 2020 by Saurenergy Greenbacker Renewable Energy Company announced today that on September 30, 2020, through a wholly-owned subsidiary, it purchased the rights to Rodeo Energy Storage LLC, a 10 MW / 21.3 MWh portfolio of 20 behind-the-meter energy storage systems, which were developed and will be constructed and operated by Stem, Inc. (“Stem”), the global leader in artificial […] Read more
CCI Approves Acquisition of AGE’s Solar Assets by Adani-Total JV Updated On Thu, Oct 15th, 2020 by Saurenergy CCI has approved the acquisition of solar energy generation assets of AGE10L by AGE23L, which is the JV controlled by Total Solar and Adani Green Energy. The Competition Commission of India (CCI) has approved the acquisition of solar energy generation assets of Adani Green Energy Ten Limited (AGE10L) by Adani Green Energy Twenty-Three Ltd (AGE23L), […] Read more
India and France Re-elected President & Co-President of ISA at 3rd Assembly Updated On Thu, Oct 15th, 2020 by Saurenergy At the Third Assembly of ISA, India and France were re-elected as the President and Co-President of the alliance for a term of two years. The Third Assembly of the International Solar Alliance (ISA), held virtually on October 14, 2020, was attended by 34 ISA member ministers, 53 member countries, and 5 signatory and prospective […] Read more
Power Minister Iterates Plan To Overhaul Regulation, Enforcement Soon Updated On Wed, Oct 14th, 2020 by Saurenergy India’s power ministry is pushing for an overhaul of electricity regulation and enforcement of contracts in order to stem losses of the state-run distribution companies that have burdened the sector. On solar imports, plans afoot to draw up a list of approved manufacturers for allowing imports. The weak financial condition of distribution companies hurts their […] Read more
PM Modi’s Solar Vision Vindicated As IEA Dubs Solar “The New King Of Electricity” Updated On Wed, Oct 14th, 2020 by Saurenergy The International Energy Agency (IEA), has never been a huge fan of renewable energy. The Paris-based agency, formed after the first oil shock in 1973-74 had a a broad mandate on energy security and energy policy co-operation. Over the years, the agency remained focused on oil, even as it grudgingly broadened its own mandate to […] Read more
Chandigarh Administration Targets 2400 Free Solar Installations Updated On Wed, Oct 14th, 2020 by Saurenergy In an effort to meet its solar capacity targets for the union territory of Chandigarh, the city administration has pushed out yet another scheme to drive the move to solar. The latest offer for free installation, on first cum first served basis for city residents, is under the previously approved Renewable Energy Service Company (RESCO) […] Read more
Total and Google Cloud Effort Spawns Solar Mapper, To Gauge Solar Potential Updated On Wed, Oct 14th, 2020 by Saurenergy French energy major Total and Google Cloud from Google have pooled their expertise to jointly develop an innovative tool, Solar Mapper, which aims to accelerate the deployment of solar panels for individuals (B2C) by providing an accurate and rapid estimate of the solar energy potential of their homes, first in Europe and then worldwide. The […] Read more
Magenta Strengthens Executive Team With Scott Pharr As Advisor Updated On Tue, Oct 13th, 2020 by Saurenergy The Magenta Group of companies, the Mumbai based group with a strong presence in affordable renewable energy solutions, has been making big moves to grab opportunities in the changes the energy transition is driving. The firm has announced that Mr. Scott Pharr, Global Managing Director at Accenture, has joined the Magenta Board of Advisors, to […] Read more
