AEP Receives Approvals to Acquire Wind Projects Worth 1485 MW Updated On Thu, May 28th, 2020 by Saurenergy AEP has received more than the required approvals to enable the company to acquire the entire planned 1485 MW of wind projects in Oklahoma. American Electric Power (AEP) has announced that it has received more than the required approvals to enable the company to acquire the entire planned 1485 megawatts (MW) of wind generation projects […] Read more
Power Producers Seek Payment of Rightful Dues to IPPs from MP Govt Updated On Thu, May 28th, 2020 by Saurenergy The Association of Power Producers (APP) in a written letter has urged Power Minister RK Singh to advise Madhya Pradesh (MP) government to again consider its decision of denying payment of rightful dues of independent power producers (IPPs). According to the letter, quoted PTI, “on behalf of independent power producers (IPPs), we request your intervention […] Read more
Winning of Rs 2.90/kWh Renewable+Storage Tender by Renew Power Might be the Biggest Event of 2020 for Renewables, in terms of impact. Updated On Thu, May 28th, 2020 by Saurenergy In a recent tender for Round-The-Clock (RTC) supply of 100 percent renewable energy (RE) power with storage, the Solar Energy Corporation of India (SECI) has discovered a levelised tariff of Rs 3.52/kWh for 15 years. The bid was won by Renew Power. On the significance of this development for the renewables industry in India, we […] Read more
EV Batteries as Storage batteries for Grid Power. Possible, Says MIT Study Updated On Thu, May 28th, 2020 by Saurenergy If there is one area where the renewable energy industry steals a march over fossil fuel based sectors, it has to be the area of recycling. Unlike thermal and oil/gas based energy generators, renewable technologies have come up in the glare of huge public expectations and appraisal, and having to prove themselves better at every […] Read more
R.K. Singh: The 5 Point Checklist for 2020 Updated On Wed, May 27th, 2020 by Saurenergy Union Power Minister R.K. Singh will complete 3 years of his association with the Power Ministry on September 3 this year. 2020 could be the year that defines his tenure. Ever since his appointment as the Minister of Power (Independent Charge) in Prime Minister Narendra Modi’s cabinet, he has found himself in the idle of […] Read more
PFC to Fund Projects Worth Rs 22,000 Crore in Madhya Pradesh Updated On Wed, May 27th, 2020 by Saurenergy PFC has announced that it will fund 225 MW hydroelectric and other multiple purpose projects worth Rs 22,000 crore in Madhya Pradesh. State-owned power sector financing institution, the Power Finance Corporation (PFC) has announced that it will fund 225 MW hydroelectric and other multiple purpose projects worth Rs 22,000 crore in Madhya Pradesh. “PFC entered […] Read more
Biggest Fall in Global Energy Investments in History due to COVID-19: IEA Updated On Wed, May 27th, 2020 by Saurenergy The COVID-19 pandemic has set in motion the largest drop in global energy investments in history, according to the International Energy Agency (IEA) The COVID-19 pandemic has set in motion the largest drop in global energy investments in history, with spending expected to plunge in every major sector this year – from fossil fuels to […] Read more
KSEDC Seeks Agencies for Installation of Grid Interactive Hybrid Rooftop Solar Plants in K’taka Updated On Tue, May 26th, 2020 by Saurenergy The Kerala State Electronics Development Corporation Ltd (KSEDC) has invited applications (Expression of Interest or EoI) for empanelment of agencies and EPC contractors for the installation of grid-interactive hybrid solar rooftop power plant. These hybrid rooftop solar plants will be installed at the nodal agency’s different offices spread across the state of Karnataka on turnkey […] Read more
CPSU REC Ties Up with TajSATS to Feed Medical Staff Serving amid Covid-19 Updated On Tue, May 26th, 2020 by Saurenergy Navratna Non-Banking Finance Company (NBFC) REC Ltd has joined hands with TajSATS (a joint venture of IHCL and SATS Ltd) to feed the frontline healthcare workers, through collaborative efforts, in key government hospitals as well as poor daily wage labourers on pan India. REC Ltd, formerly Rural Electrification Corporation Ltd, is mainly focusing on the […] Read more
