CERC Stays Close to Staff Paper Recos In Methodology For Computing Escalation For RE Projects Updated On Mon, May 31st, 2021 by Saurenergy In a suo moto (An order decided of its own accord, without a petitioner), the Central Electricity Regulatory Commission (CERC) has decided on a key aspect of Renewable Energy projects. That is, the methodology for Computing the Escalation Rates and other Parameters for the Purpose of Bid Evaluation and Payment for Procurement of Power from […] Read more
PGVCL Issues Tender for Bidirectional Meters for Rooftop Solar Updated On Mon, May 31st, 2021 by Saurenergy Paschim Gujrat Vij Company Limited (PGVCL) has issued an e-tender for the purchase of single-phased, 5-30 ampere, solar bidirectional static meters having LED display and facility for data downloading from the rooftop solar. The tender has been issued only for the GST-registered manufacturers who work in India for the purchase of a total of 68245 […] Read more
Project Manager Electrical/ Solar Power Plant Updated On Sat, May 29th, 2021 by Saurenergy Responsibilities: Design & Development of Solar PV & Solar Hybrid systems. Devise test methods for system evaluation, building prototypes and conducting experiments. Understand solar resource data and use it to conduct feasibility study & technology evaluation. Propose new ideas and manage assigned tasks independently. Document scientific work and participate in peer reviews and with customers. […] Read more
Power Factors Adds ‘Drive Pro’ Platform For all Energy Storage Developers Updated On Sat, May 29th, 2021 by Saurenergy Arevon selects Power Factor’s Drive platform to supervise its 100MW Saticoy energy storage project in Southern California. Renewable energy asset performance management and enterprise asset management software, Power Factors, LLC, announced that it has extended support for the emerging class of utility-scale battery energy storage system assets in its Drive platform and added a new […] Read more
AER Report Q1 FY21: Solar Eclipses Gas as Electricity Source in Australia Updated On Fri, May 28th, 2021 by Saurenergy The Australian Energy Regulator (AER) recently published its Quarterly Wholesale Markets Report for the first three months of this year, reporting that large-scale solar generated more electricity than the average amount produced by gas for the first time in Australia. In Q1 FY21, wholesale electricity spot prices were lower than expected, with volume weighted average prices […] Read more
GE Renewable Energy Bags Big Onshore Wind Contract in Southeast Asia Updated On Fri, May 28th, 2021 by Saurenergy California-based GE Renewable Energy announced yesterday that it has secured a contract with BIM Wind JSC to supply, install and commission GE Cypress onshore wind turbines for BIM Wind’s 88 MW wind farm located in Ninh Thuận Province, South Central Vietnam. Combining onshore and offshore wind, blades, hydro, storage, utility-scale solar, and grid solutions as […] Read more
Green Firm Vena Energy Bags $500 mn Credit Facility from 8 lenders Updated On Fri, May 28th, 2021 by Saurenergy Vena Energy announced yesterday that it has signed its first sustainability-linked revolving credit facility of JPY52.8 billion (approximately US$500 million) from eight lenders including BNP Paribas, Crédit Agricole CIB, DBS Bank Ltd, ING Bank, MUFG, Intesa, SMBC and Mizuho. The company is an independent power producer and an integrated pure-renewable energy company in the Asia-Pacific region. […] Read more
EDP Group to Invest Over €1 Billion in Green Energy in Galacia, Spain Updated On Thu, May 27th, 2021 by Saurenergy Lisbon-headquartered electric utilities company EDP- Energias de Portugal recently announced its plans to invest more than 1 billion euros in Galicia, Spain, over the next 10 years, to develop renewables and support the region’s on-going transition to a new energy and economic model, within the framework of the European Next Generation funds. The Portugal company […] Read more
IFC Supports Wind Projects to Advance Renewable Energy in Vietnam Updated On Thu, May 27th, 2021 by Saurenergy As Vietnam transitions to cleaner low-carbon power generation to help meet the country’s growing demand for electricity, IFC, a member of the World Bank Group, is funding the development and construction of two wind power projects in Central Vietnam. IFC is providing a financing package of $57 million to Thuan Binh Wind Power Joint Stock […] Read more
