SECI’s 2 GW ISTS Tender Sees Pricing Records Broken. L1 at Rs 2.36 per unit Updated On Tue, Jun 30th, 2020 by Saurenergy Spanish Developer Solarpack Corporacion Technologica announced itself with a big splash in India with the lowest bid of Rs 2.36 per unit, in the SECI 2 GW ISTS auction (Tranche IX). The auction stood out for the sheer global spread of the bidders, with the lowest 9 bidders coming from Spain, Canada, Italy, UK, and […] Read more
The Missing Element in the Proposed Electricity Act Reforms Updated On Tue, Jun 30th, 2020 by Saurenergy India is the third largest producer and consumer of electricity worldwide. But it still has one of the lowest per capita power consumption (1,181 kWh) as compared to the world’s average per capita power consumption, which stands high at nearly 2,700 kWh. Because of this, our nation faces the challenge of ensuring sound financial health […] Read more
Infigen Nudges Shareholders to Accept $864 mn Takeover bid From Iberdrola Updated On Tue, Jun 30th, 2020 by Saurenergy The board of Australian wind farm operator Infigen is recommending that shareholders accept an AUD 864 million takeover bid from Spanish utility Iberdrola. The board of Australian wind farm operator Infigen is recommending that shareholders accept an AUD 864 million takeover bid from Spanish utility Iberdrola. The recommendation came after Iberdrola waived conditions for its […] Read more
Vestas Secures two Wind Orders in Japan and Germany Updated On Tue, Jun 30th, 2020 by Saurenergy Vestas has secured turbine orders for two wind projects in high-wind sites in Japan, and a repowering order in Germany for its Enventus Platform. Vestas has announced that it has secured turbine orders for two wind projects in high-wind sites in Japan, and a repowering order in Germany for its Enventus Platform. In Japan, the […] Read more
Macquarie’s GIG and Enso Form JV for Solar and Battery Portfolio in UK Updated On Tue, Jun 30th, 2020 by Saurenergy Macquarie’s GIG and Enso Energy have formed a JV with the aim to create one of the UK’s largest subsidy-free solar and battery storage portfolios. Macquarie’s Green Investment Group (GIG) and Enso Energy have announced they are working together in a UK solar and battery development joint venture (JV). The partnership was established with the […] Read more
PFC, REC may Restrict Funding for Projects Using Chinese Equipment Updated On Tue, Jun 30th, 2020 by Saurenergy The government’s economic response against China may see public-sector financiers like PFC, REC restricting funding of projects that use equipment from the country The government’s economic response against China may see public sector financiers restricting funding of projects that use equipment from the neighbouring country. The practice would first be adopted in the power sector, […] Read more
DGTR to Conduct Hearing on Safeguard Duty for Solar Cell Imports Updated On Tue, Jun 30th, 2020 by Saurenergy The DGTR has called an oral hearing on July 3, 2020, to take forward the ongoing probe on the continued imposition of safeguard duty on solar cell imports. The investigation arm of the Ministry of Commerce and Industry, the Directorate General of Trade Remedies (DGTR) has called all concerned parties for an oral hearing on […] Read more
SECI Extends Deadline for 14 MW Solar Project with Linked Storage in Ladakh Updated On Mon, Jun 29th, 2020 by Saurenergy State-owned SECI has extended the bid submission deadline for its tender to set up 14 MW solar photovoltaic (PV) plants with linked storage in Ladakh. Previously, the nodal agency had issued a Request for Selection (RfS) for setting up of 14 MW solar power plants with 42 MWh battery energy storage systems (BESS) (7 MW […] Read more
RPO Fines Will Lead to Exponentially High Demand: RK Singh Updated On Mon, Jun 29th, 2020 by Saurenergy The increase in fines for non-compliance of RPO to up to Rs 1 per KWh of the shortfall would lead to a huge rise in demand, RK Singh has said. The increase in fines for non-compliance of renewable energy purchase obligations (RPO) to up to Rs 1 per kilowatt-hour (KWh) of the shortfall would lead […] Read more
