Sale of Green Certificates Surges 79% by 8.38 Lakh Units in March Updated On Mon, Apr 13th, 2020 by Saurenergy The sale of renewable energy certificates (RECs) increased more than 79 percent to 8.38 lakh units during March 2020 mainly on account of good supply. During the month of March in 2019, 4.68 lakh units of renewable energy certificates were sold, as per the official data. RECs are market-based instruments, and a REC is created […] Read more
PSPCL’s Advance Payment Scheme. Lucrative Offer or Open Distress? Updated On Mon, Apr 13th, 2020 by Saurenergy A visit to the website of the Punjab State Power Corporation Limited (PSPCL), the state’s primary discom, reveals an interesting offer that has just been released . Promoted as a ‘Golden opportunity to earn lucrative returns by advance payment’ the offer promises a return of 1 percent per month, or 12 percent per annum, for […] Read more
Engie Signs Tax Equity Financing for its 2 GW US Renewables Portfolio Updated On Mon, Apr 13th, 2020 by Saurenergy Engie North America has announced that it has signed a major tax equity financing for its 2 GW renewables portfolio in the US. Engie North America has announced that it has signed a major tax equity financing for its renewables portfolio. The portfolio consists of 2 GW of renewable assets, comprised of 1.5 GW of […] Read more
SECI Powers On with RFS For 2500 MW Project at Karnataka Updated On Sat, Apr 11th, 2020 by Saurenergy The Solar Energy Corporation of India (SECI) yesterday issued a Request for Selection (RfS) document for selection of solar power developers for setting up of 2500 MW ISTS-Connected Solar PV Power Projects at Ultra Mega Renewable Energy Power Park (UMREPP) in Koppal District, Karanataka under Tariff-based Competitive Bidding (ISTS-X). Approximately 13000 Acres of land on […] Read more
Redavia Delivers Free Solar amid Corona Crisis Updated On Thu, Apr 9th, 2020 by Saurenergy In a voluntary step to support the Ghanaian and Kenyan businesses in this testing time of economic uncertainty, Redavia, which offers solar power for businesses and communities especially in East and West Africa, has created a new concessionary solar power program ‘the COVID-19 Resilience Lease’. This crisis has disrupted African businesses significantly. In these challenging […] Read more
New Era of Generic Renewable Energy Tariffs in Maharashtra Starts Updated On Thu, Apr 9th, 2020 by Saurenergy Generic Renewable Energy Tariffs, which, until now declared by the respective state regulatory commissions have just entered into a new era of market determined mechanism, starting with Maharashtra. In its Generic Renewable Energy Tariff order for FY 2020-21 under MERC (Renewable Energy Tariff) Regulations, 2019 act, MERC (Maharashtra Electricity Regulatory Commission) has declared that projects […] Read more
Indian IPP Renew Power Commits Rs 20 Cr in Fight against Coronavirus Updated On Wed, Apr 8th, 2020 by Saurenergy ReNew Power, country’s largest renewable energy Independent Power Producer (IPP), on Wednesday said that it will support in India’s fight against the global pandemic. The Gurugram-headquartered company assured that it will contribute to the Central and State governments’ efforts to combat the coronavirus (COVID-19) pandemic in the country. Initially, the company has committed Rs 20 […] Read more
ST Introduces New Devices in Motor Control System Family Updated On Wed, Apr 8th, 2020 by Saurenergy French-Italian multinational electronics and semiconductor manufacturer STMicroelectronics has introduced four new devices in the STSPIN32F0 motor-control system-in-package family. It simplifies the design of mains-powered home appliances and industrial equipment including corded power tools, drives, pumps, fans, and compressors. The 250V STSPIN32F0251 and STSPIN32F0252, and 600V STSPIN32F0601 and STSPIN32F0602 combine three-phase gate drivers and an STM32F0 […] Read more
At Rs 5.38 per unit, Vietnam’s FIT Rates Keep Developers Interested Updated On Wed, Apr 8th, 2020 by Saurenergy Vietnam, a late entrant to the solar race, but catching up fast with close to 5.69 GW of installed capacity by end 2019, has just announced its FIT (Feed-in-Tariff) rates for projects that are completed by December, 2020. The prices, according to developers involved with projects in the country, as well as some corporate rooftop […] Read more
