Teck and AES Enter Renewable PPA to Power Copper Project Updated On Tue, Feb 4th, 2020 by Saurenergy Teck Resources and AES have announced that their Chilean affiliates have entered into a renewable PPA for the Quebrada Blanca Phase 2 copper project in Chile Teck Resources Limited and the AES Corporation have announced that their Chilean affiliates, Compañía Minera Teck Quebrada Blanca (CMTQB) and AES Gener, have entered into a long-term renewable power […] Read more
Tata Power Reports 12% Increase in Profits, Citing Renewable Additions & Lower Losses Updated On Mon, Feb 3rd, 2020 by Saurenergy Tata Power has reported its profits grew 12 percent and stood at Rs 246 crore as compared to the corresponding quarter last year at Rs 220 crore. Tata Power has announced its financial results for the third quarter of the financial year 2020, reporting consolidate Profits After Tax (PAT) grew 12 percent and stood at […] Read more
MERC Offers Extension to 9 Wind Generators to Install Special Energy Meters Updated On Mon, Feb 3rd, 2020 by Saurenergy MERC has approved the petition filed by 9 wind energy generators, granting a period of 3 months for installation of individual Special Energy Meters The Maharashtra Electricity Regulatory Commission (MERC) in its latest order has approved the petition filed by nine renewable (mainly wind) energy generators, granting an extended period of 3 months for completing […] Read more
Budget 2020 and Renewables. An Evolving Story Updated On Sun, Feb 2nd, 2020 by Saurenergy In the longest budget speech in history, the Finance Minister , Ms Nirmala Sitharaman managed to find a mention of the renewable sector, especially solar, at the beginning, middle and end, as it turned out. While the mention in the beginning was for the energy needs of farmers and the role of solar power, the […] Read more
Energy Storage Industry Sees New Opportunities in Sitharaman’s Budget 2020 Updated On Sat, Feb 1st, 2020 by Saurenergy Welcoming the Finance Minister Nirmala Sitharaman’s Union Budget 2020, which was tabled in the parliament today, the energy storage industry body India Energy Storage Alliance (IESA) has sought numerous opportunities in this year’s Budget for the energy storage sector. From Sitharaman’s second Union Budget, the energy storage industry analyzed that it will not only provide […] Read more
SECI Issues NIT for 5000 MW Power From Renewable and Thermal Sources Updated On Sat, Feb 1st, 2020 by Saurenergy SECI has issued an NIT for the procurement of 5000 MW power on the Round-The-Clock basis, from renewable energy projects, complemented with thermal power. The Solar Energy Corporation of India (SECI) has issued a Notice Inviting Tender (NIT) for the procurement of 5000 MW power on Round-The-Clock based, from renewable energy projects, complemented with thermal […] Read more
Vena Energy to Begin Work on 100 MW Australian Battery Project Updated On Fri, Jan 31st, 2020 by Saurenergy Vena Energy Australia has announced that it will soon begin construction of Queensland’s largest grid-scale battery near Wandoan in the Western Downs Renewable power producer Vena Energy Australia, which is a subsidiary of Singapore-based Vena Energy has announced that it will soon begin construction of Queensland’s largest grid-scale battery near Wandoan in the Western Downs, […] Read more
Evergy to Reduce Emissions by 80%, Adds 660 MW Wind Energy to Portfolio Updated On Fri, Jan 31st, 2020 by Saurenergy Evergy has announced that it will expand its wind energy portfolio by 660 MW, and reduce carbon output by 80 percent below 2005 levels by 2050. Evergy, an American investor-owned utility operating in Kansas, has announced with the Kansas Gov. Laura Kelly that it will expand its wind energy portfolio by 660 MW, and reduce […] Read more
Yellow Door Energy Signs two Agreements With Saudi Arabia’s APICORP Updated On Thu, Jan 30th, 2020 by Saurenergy Yellow Door Energy will install solar panels at APICORP’s headquarters in Dammam and retrofit the building with energy-efficient technologies. In line with its commitment to promote long-term sustainability and green initiatives, the Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, have announced that it signed two agreements with Yellow Door Energy (YDE), a […] Read more