CERC Approves Tariff of Rs 2.79/kWh for 480 MW Wind Power Updated On Mon, Mar 2nd, 2020 by Saurenergy CERC has approved the petition filed by SECI for the adoption of tariff for 480 MW wind power projects (Tranche-VII) through a competitive bidding process. The Central Electricity Regulatory Commission (CERC) has in its latest order approved the petition filed by the Solar Energy Corporation of India (SECI) for the adoption of tariff for 480 […] Read more
AES Achieves 2019 Strategic and Financial Goals Thanks to Green Push Updated On Mon, Mar 2nd, 2020 by Saurenergy The AES Corporation has reported its financial results for 2019, claiming to have met all its strategic and financial goals by accelerating its green energy push. The AES Corporation has reported its financial results for the year ended December 31, 2019, claiming to have met all its strategic and financial goals for the final year […] Read more
What India’s Large Storage Tender Means for Its Coal Thermal Sector Updated On Mon, Mar 2nd, 2020 by Saurenergy Coal, despite its stubborn persistence to the country’s energy needs, might have seen the beginning of the end. The lead indicator? Prices discovered in the largest ever renewable plus storage tender by SECI. In August 2019, SECI, the country’s primary nodal agency for renewable energy auctions and purchases came out with a huge tender. On […] Read more
Tesla, PG&E get Approval for Proposed 1.1 GW Storage Facility in California Updated On Mon, Mar 2nd, 2020 by Saurenergy Tesla has received the approval from the local authorities to build its massive 1.1 GWh Megapack battery energy storage system facility in California. Electric Vehicle major Tesla has received approval from the local authorities to build its massive 1.1 GWh Megapack battery energy storage system facility, which is backed by PG&E, in California. Earlier this […] Read more
The Role of AI and ML in Solar Energy Updated On Sat, Feb 29th, 2020 by Saurenergy Climate change is one of the biggest threats that humanity is currently facing. With these challenges which lie before the government and various energy solution providers, it has become imperative for them to provide a sustainable mode of renewable energy. This has also made renewable energy to be an alternative source of energy compared to […] Read more
Repsol to Develop 26 new Wind Farms in Spain Totaling 860 MW Updated On Sat, Feb 29th, 2020 by Saurenergy Repsol has added a new 860 MW wind portfolio in Spain, allowing the company to progress towards its goal of becoming a net-zero emissions company by 2050 Repsol has added a new 860 MW wind farm project in the northern region of Aragon in Spain to its renewables portfolio. This allows the company to progress […] Read more
Four Winners in SECI’s Latest 1200 MW Solar Tender Updated On Fri, Feb 28th, 2020 by Saurenergy SECI has concluded the auction for its 1200 MW solar tender, awarding the full tendered capacity to the four successful bidders. The Solar Energy Corporation of India (SECI) has recently concluded the auction for its 1200 MW solar tender, awarding the full tendered capacity to the four successful bidders. With all winning bids coming in […] Read more
CERC Order Makes Biomass Generated Power Formula driven Updated On Thu, Feb 27th, 2020 by Saurenergy Energy from Biomass use at coal fired stations in India just overcame a small hurdle of measurement, with a CERC order laying down the formula to do it. In an important development for power producers generating power using biomass, the CERC (Central Electricity Regulatory Commission) took suo motu cognizance, and issued its guidelines for estimation […] Read more
Renewable Energy to Employ 42 Mn People by 2050, 26 Mn in Asia: IRENA Updated On Thu, Feb 27th, 2020 by Saurenergy The number of people employed in renewable energy could reach 42 million globally by 2050, up from 12 million in 2017, according to a new recent report The number of people employed in renewable energy could reach 42 million globally by 2050, up from about 12 million in 2017, according to a recent report by the International Renewable Energy Agency (IRENA). […] Read more