SJVN To Build 100 MW Solar Project in Punjab With PPA From PSPCL Updated On Fri, Nov 5th, 2021 by Saurenergy SJVN, the jointly owned power firm of the Government of Himachal Pradesh and Govt Of India has won a 100 MW grid connected solar project from Punjab State Power Corporation Limited (PSPCL). The power purchase agreement shall be signed between PSPCL and SJVN for 25 years. SJVN currently has installed capacity of 2016.5 MW which […] Read more
CERC Refuses to Intervene in SB Energy’s PPA/PSA with NTPC & PSPCL Updated On Wed, Nov 3rd, 2021 by Saurenergy In a recent order, the Central Electricity Regulatory Commission (CERC) turned down SB Energy’s plea to direct NTPC Ltd. and Punjab State Power Corporation Limited (PSPCL) to neither terminate the PPA and PSA signed between the parties nor undertake any coercive action, such as invocation of the performance bank guarantee, and to extend timelines for Condition […] Read more
Microsoft, AES to Bring Around-the-clock RE to Data Centers Updated On Wed, Nov 3rd, 2021 by Saurenergy The AES Corporation has signed a 15-year agreement with tech company Microsoft to support the company in achieving its 100/100/0 by 2030 goal. Microsoft, one of the world’s largest purchasers of renewable energy, will use the around-the-clock renewable energy provided through this agreement to power its data centers located in Virginia. The structure of the […] Read more
SB Energy to Use SenseHawk’s SaaS Tech for Solar Site Ops Digitization Updated On Wed, Nov 3rd, 2021 by Saurenergy SenseHawk, a solar software as a service (SaaS) startup, has announced that SB Energy, SoftBank Group Corp’s US-based solar and storage platform, has adopted its solution for digitizing solar site operations. The deployment will enable SB Energy to achieve quick event-response time while increasing operations and maintenance (O&M) efficiency, resulting in robust savings and higher […] Read more
Kotak Mahindra Arm to invest ₹1000cr in Sify’s Data Center biz, RE Assets Updated On Tue, Nov 2nd, 2021 by Saurenergy A distressed assets focused fund promoted by a Kotak Mahindra Bank arm on Monday announced a Rs 1,000-crore investment in the data centre business of Sify Technologies. The investment in Sify Infinit Spaces will help the company invest up to Rs 4,000 crore in building data centres in Mumbai, Noida, Chennai, Bangalore and Hyderabad and […] Read more
Global Alliance Launches at COP26 to Boost RE in Developing Economies Updated On Tue, Nov 2nd, 2021 by Saurenergy The new Global Energy Alliance for People and Planet (GEAPP) will be launched today at COP26 to accelerate investment in green energy transitions and renewable power solutions in developing and emerging economies worldwide. Over the next decade, the Alliance aims to unlock USD100 billion in public and private capital and tackle three problems: (1) POWER […] Read more
Fossil-dependent Russia Finally Warms Up To Solar Power Updated On Tue, Nov 2nd, 2021 by Saurenergy Solar energy in Russia might be on the verge of a major expansion, thanks to a government support program for renewable energy sources, The Moscow Times reported industry experts as saying. Russia, the world’s fourth-largest emitter of greenhouse gases, has historically relied on its vast oil and gas reserves to bolster its economy. But the […] Read more
Inverter Major Sungrow Hits 10 GW Shipment Record In India Updated On Tue, Nov 2nd, 2021 by Saurenergy Sungrow, the global leading inverter solution supplier for renewables, has breached a new milestone for PV inverter shipments in India – 10 GW. Gratifyingly for the firm, it has not been even one year since the last 7 GW record, announced in January 2021. The company has clearly done well from the sharp recovery of […] Read more
Beyond Net Zero at 2070. PM Modi Makes Key Promises For India At COP26 Updated On Tue, Nov 2nd, 2021 by Saurenergy Prime Minister Narendra Modi, in his speech at the COP26 Glasgow on November 1, did make a concession to activists demanding a net zero target from India. 2070. If that seems underwhelming (China has a commitment of net zero by 2060), then you might miss the really important part of his promises. The 500 GW […] Read more