World’s 1st Solar-Hydro Plant for Longer Duration Energy Storage: ARENA Updated On Thu, Jun 10th, 2021 by Saurenergy On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced $15 million in funding to RayGen Resources Pty Ltd (RayGen) to construct its first of a kind ‘solar hydro’ power plant comprising 4 MW of solar PV generation and 3 MW / 50 MWh (17 hours) of dispatchable storage capacity […] Read more
Clean Energy Investment in Developing Economies a Global Priority: IEA Updated On Thu, Jun 10th, 2021 by Saurenergy New report from IEA, in collaboration with World Bank and World Economic Forum, shows concerted international efforts are needed for a sustainable and resilient economic future in developing world The world’s energy and climate future increasingly hinges on whether emerging and developing economies are able to successfully transition to cleaner energy systems, calling for a […] Read more
PSU Gas Major GAIL To Join Solar Bandwagon Updated On Thu, Jun 10th, 2021 by Saurenergy Gas Authority of India Limited (GAIL), the largest operator of gas pipelines in the country, has announced plans to enter solar power development. GAIL commands ~70% market share in gas transmission and has a Gas trading share of over ~ 50% in India. GAIL and its Subsidiaries / JVs also have a formidable market share […] Read more
GGGI to Build 250 MW Solar Plant Along Mumbai-Nagpur Superhighway Updated On Wed, Jun 9th, 2021 by Saurenergy With its rapid economic growth and increasing demand for energy services, India is well-placed to invest more in clean, cheap reliable sources of energy, particularly in the solar sector. However, this potential remains largely untapped. The Indian government has set a goal of 100 gigawatts (GW) of solar power capacity by 2022, but it had […] Read more
GUVNL Notices Stakeholders About Surplus Energy Compensation at Rs 1.99/unit Updated On Wed, Jun 9th, 2021 by Saurenergy Gujarat Ujrja Vikas Nigam Ltd. (GUVNL), a wholly-owned state electricity regulation board in the state of Gujarat has recently declared that the simple average of solar tariffs discovered and contracted through competitive bidding process conducted by GUVNL for non-park based solar projects during the period from October 1st, 2020 to March 31, 2021, is Rs […] Read more
Renewables Produce Record 50.7% of Energy in May in Spain Updated On Tue, Jun 8th, 2021 by Saurenergy The Red Eléctrica de España (REE), a partly state-owned and public limited corporation which operates the national electricity grid in Spain, recently reported that renewable energy reached an important milestone last month when, for the first time, more than half of the energy produced in the country was of renewable origin. The data supplied by […] Read more
Charles River & Duke Energy sign VPPA for 250 MW Solar project in Texas Updated On Tue, Jun 8th, 2021 by Saurenergy Charles River Laboratories International, Inc. yesterday announced a long-term solar energy contract to address the entirety of the company’s North American electric power requirements with clean, renewable energy by 2023. Charles River and Duke Energy Sustainable Solutions have entered into a 15-year, 102 megawatt (MW) virtual power purchase agreement (VPPA). Charles River’s portion of the […] Read more
SECI Posts Another Bid Deadline Extension for Solar Tender in Tamil Nadu Updated On Tue, Jun 8th, 2021 by Saurenergy New Delhi-headquartered Solar Energy Corporation of India Limited (SECI) has extended the bid submission deadline for its tender for the design, engineering, supply, construction, erection, testing and commissioning of 50 MW (AC) solar PV project with land having 10 years plant O&M at Tamil Nadu. The last date for bid submission has been extended from June […] Read more
IREDA Extends Bid Date For 12 GW CPSU Solar Scheme Updated On Tue, Jun 8th, 2021 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA), the implementing agency appointed by Ministry of New & Renewable Energy (MNRE) for the CPSU Scheme Phase II has extended the bid submission date to 15th June. The Central Public Sector Undertaking (CPSU) scheme phase-II envisages setting up 12,000 MW grid-connected solar projects with viability gap funding (VGF). […] Read more
