UPERC Adopts Tariff Of 2.98 kWh For Purchase Of 125 MW Of Solar Power Updated On Wed, Jul 27th, 2022 by Saurenergy The Uttar Pradesh Electricity Regulatory Commission (UPERC) has adopted the green signal for a new tariff of Rs 2.98/kWh towards the procurement of 125 MW capacity of solar power from grid-connected projects. These projects will be installed as part of the Ministry of New and Renewable Energy’s “Solar Parks and Ultra Mega Solar Power Projects […] Read more
APTEL Provides Relief To CSP Developers On Force Majeure Grounds Updated On Wed, Jul 27th, 2022 by Saurenergy In an important judgement that will hopefully close the chapter on a festering dispute, the Appellate Tribunal for Electricity (APTEL) has allowed multiple developers stuck with Concentrated Solar Thermal (CSP) projects to get relief from liabilities, caused due to lower DNI (Direct Natural Irradiance) than they had assumed when bidding. The developers impacted include Godavari […] Read more
MNRE Minister Khuba Tells Parliament 123 GW Of Solar Capacity Either Commissioned Or In Pipeline Updated On Wed, Jul 27th, 2022 by Saurenergy Minister of State for New and Renewable Energy Bhagwanth Khuba informed the Rajya Sabha in his written reply on July 27 that a solar energy capacity of 123.11 GW has either been commissioned till June or is in the pipeline against the target of 100 GW solar capacity by December 2022. The written reply reads […] Read more
ONGC Signs MoU With Greenko To Make Green Hydrogen And Explore Markets Updated On Wed, Jul 27th, 2022 by Saurenergy Oil and Natural Gas Corporation (ONGC) and renewable energy company Greenko ZeroC have signed a Memorandum of Understanding (MoU) to make green hydrogen, green ammonia and jointly explore new market in renewables, and other derivatives of green hydrogen. The two companies will join hands to come up with a 1-MMTPA green ammonia production and storage […] Read more
Unigel Builds First Industrial-Scale Green Hydrogen Plant in Brazil Updated On Wed, Jul 27th, 2022 by Saurenergy Chemical conglomerate and multinational Unigel has announced that it has installed the first industrial scale green hydrogen plant in Brazil. Unigel has invested a total of $120 million in the development of the production site for green hydrogen that relies on the Thyssenkrupp Nucera technology which it calls to be world-leading. Unigel will start production […] Read more
Kerala State Commission Turns Down KSEB Petition For Gross Metering, Net Billing Updated On Tue, Jul 26th, 2022 by Saurenergy In an important order last week, the Kerala Electricity Regulatory Commission (KSERC) has turned down the plea of the state discom, Kerala State Electricity Board Ltd (KSEB) for modification of the net metering rules as applicable in the state to gross metering and a net billing regime. KSEB had also made a plea for the […] Read more
Cypress Creek Acquires 400 MW Storage From Black Mountain Updated On Tue, Jul 26th, 2022 by Saurenergy USA-based renewable energy player Cypress Creek Renewables has added 400MW/600MWh to its storage portfolio after acquiring four Texas standalone energy storage projects from Black Mountain Energy Storage (BMES). The projects, each 100MW, are located throughout the Electric Reliability Council of Texas (ERCOT) market and are currently under development. Cypress Creek said that it will continue […] Read more
Saudi Arabia Looks To Double RE Capacity Through Tenders Updated On Tue, Jul 26th, 2022 by Saurenergy The Kingdom of Saudi Arabia is mulling to double the renewable energy tenders this year and give a fillip to the clean electricity availability. According to reports, the country will continue the spree in 2023 for faster development in the solar power and wind farm projects. The Energy Minister Saudi Arabia has an online capacity […] Read more
AREA 2022 Award For Solis in Green Leadership Category Updated On Mon, Jul 25th, 2022 by Saurenergy Renewable energy firms continue to make waves beyond the contribution of their products to a greener environment. The latest win comes for Ginlong Technologies (Solis) Co., which has won the Asia Responsible Enterprise Awards (AREA) 2022 under the Green Leadership category. For Solis, the award is international recognition of the company’s long-term commitment to Corporate Social […] Read more
