Solar Market Predicted to Reach 4767 GW by 2026: Report Updated On Thu, Jul 4th, 2019 by Saurenergy According to a new report, the global solar power market will derive growth from the increasing awareness to grow to 4767 GW by 2026. According to a new report, the global solar power market will derive growth from the increasing awareness regarding conservation of conventional energy sources and reducing environmental pollution, to grow to 4767 […] Read more
Nordex Reports Order Intake of 2 GW for Second Quarter of 2019 Updated On Wed, Jul 3rd, 2019 by Saurenergy The Nordex Group has received orders for over 2 GW of wind turbines in the second quarter of 2019 for wind farm projects in 12 countries. The Nordex Group has announced keeping in line with its strong order intake performance over recent quarters, it has received orders for over 2 GW of wind turbines in […] Read more
Second 1200 MW Solar Tender Issued With Madhya Pradesh Delivery Point Updated On Wed, Jul 3rd, 2019 by Saurenergy SECI has issued a second tender for developing solar projects worth 1200 MW, but the projects will be connected to the ISTS network in Madhya Pradesh. The Solar Energy Corporation of India (SECI) has issued a second tender for selection of solar power developers (SPDs) for developing solar projects worth 1200 MW, but, the projects […] Read more
Himachal Targeting Rs 85K Cr in Funding for RE, Infra and Transport Updated On Wed, Jul 3rd, 2019 by Saurenergy The Himachal Pradesh government has set a target of attracting investments to the tune of Rs 85,000 crore for Renewables, Infrastructure and Transport. The Himachal Pradesh government has set a target of attracting investments to the tune of Rs 85,000 crore and has already succeeded in signing a memorandum of understanding (MoUs) worth Rs 22,964 […] Read more
Onshore Wind O&M Market in China to hit $5 Billion by 2029 Updated On Tue, Jul 2nd, 2019 by Saurenergy The onshore wind operation and maintenance (O&M) market in China has been predicted to surpass a total of $5 billion over the next 10 years. According to new research, the onshore wind operation and maintenance (O&M) market in China is expected to total US$5 billion over the next 10 years. According to consultancy firm Wood Mackenzie […] Read more
Delhi’s Peak Power Demand Clocks Record 7241 MW Updated On Tue, Jul 2nd, 2019 by Saurenergy Delhi’s electricity demand touched an all-time high of 7241 MW on July 1, 2019, the highest peak power demand recorded in any Indian city. Delhi’s electricity demand touched an all-time high of 7241 megawatts (MW) on July 1, 2019, at 3:29 pm, the highest peak power demand recorded in any Indian city. “Delhi’s peak power demand […] Read more
Andhra Govt Sets up Panel to Review Wind & Solar PPAs From TDP Regime Updated On Tue, Jul 2nd, 2019 by Saurenergy Andhra Pradesh has established a panel to review and renegotiate the PPAs signed by discoms for wind and solar power during the TDP regime. In a new order, the state government of Andhra Pradesh has established a High-Level Negotiation Committee (HLNC) panel to review and renegotiate the power purchase agreements (PPAs) signed by the state […] Read more
Payment Security Mechanism for Power Purchase by DISCOMs Approved Updated On Fri, Jun 28th, 2019 by Saurenergy RK Singh has approved the proposal to make it mandatory for discoms to open and maintain adequate LC as Payment Security Mechanism under PPAs RK Singh, Union Minister of State for Power and New & Renewable Energy (IC) has approved the proposal to make it mandatory for discoms to open and maintain adequate Letter of […] Read more
As DRC Takes Charge at MNRE, A Busy Period Beckons Updated On Fri, Jun 28th, 2019 by Saurenergy The Ministry of New and Renewable Energy has finally set up the dispute resolution committee it promised earlier this month. Announced by the Power Minister Shri. R.K. Singh, the commitee is tasked with the job of settling disputes that arise between government agencies and private sector players . This committee is comprised of three former civil […] Read more