Highest Cost of Financing for RE in Mexico, Egypt & Tunisia, Lowest in Germany: IRENA Updated On Mon, May 8th, 2023 by Saurenergy IRENA (International Renewable Energy Agency) has released a report entitled ‘The Cost of Financing for Renewable Power’. The Cost of Capital (CoC) is a major determinant of the total price to purchasers of electricity from renewable power generation technologies. As per the report, incorrect assumptions for CoC are not accurate, the cost of electricity might […] Read more
EUR 5.5 Billion Offshore Cable Contracts Awarded By TenneT Updated On Mon, May 8th, 2023 by Saurenergy Dutch transmission system major TenneT has awarded NKT, Nexans and a consortium of Jan De Nul, LS Cable and Denys to install 525 kV HVDC cable systems for ten projects. The total volume of the contracts for the production and installation of the ten cable systems amounts to approximately EUR 5.5 billion. With this agreement, […] Read more
Component Manufacturer BENY to Reveal Latest Rapid Shutdown Solution at SNEC Exhibition Updated On Fri, May 5th, 2023 by Saurenergy BENY, a manufacturer of photovoltaic safety components, is set to showcase its latest module-level rapid shutdown solution, the BFS-21/22, at the SNEC exhibition on May 25. The inverter accessory enhances the efficiency and safety of solar panel systems and features advanced technology to achieve fast switching, high reliability, low power consumption, and low cost. Designed […] Read more
RERC Proposes Regulation Changes For Rajasthan’s Net-Meter Consumers Updated On Fri, May 5th, 2023 by Saurenergy The Rajasthan State Electricity Regulatory Commission (RERC) recently issued its draft Regulation for Grid Interactive Distributed Renewable Energy Generating Systems, where it has sought changes in some norms related to its net-meter consumers. The Commission has now asked the public and other stakeholders to send in their suggestions on the draft regulation by May 26, 2023. The […] Read more
RPC Raises EUR 200 Million for Three Finnish Wind Farms Totaling 171 MW Updated On Fri, May 5th, 2023 by Saurenergy UK-based Renewable Power Capital (RPC) has announced the closing of a refinancing package of almost EUR 200 million covering Finaland’s three onshore wind energy farms in Rustari, Puutikankangas, and Merkkikallio. The wind farms are all operational and have a combined installed capacity of 171 MW. In March, RPC announced that it had taken over the […] Read more
RUVNL’s 1 GW Tender Sees Mahindra Susten, SAEL, Avaada Among Winners Updated On Fri, May 5th, 2023 by Saurenergy Rajasthan Urja Vikas Nigam (RUVNL) has declared the results for its 1 GW tender (floated in January 2023) of power from state transmission utility (STU)-connected solar power projects in the state. Mahindra Susten, Sunfree Energy (SAEL), Solarcraft Power India (Blupine Energy), Jakson, Shiva Corporation, Avaada Energy, and SJVN are the winners under competitive bidding. Mahindra Susten […] Read more
Total Eren, Others Collaborate for Indonesian Wind Plus Storage Project Updated On Fri, May 5th, 2023 by Saurenergy Indonesian power utility PLN (Persero) has collaborated with Total Eren SA in the construction of a 70 MW wind power plant project in Tanah Laut, South Kalimantan, Indonesia. This is also the first renewable project in Indonesia equipped with a 10 MWh Battery Energy Storage System (BESS) technology. Adaro Power and Pembangkitan Jawa Bali Investasi […] Read more
EV Ride Hailing Service BluSmart Rakes Up $42M to Augment Operations Updated On Fri, May 5th, 2023 by Saurenergy EV ride-hailing firm BluSmart Mobility, which also serves as an EV charging superhub infrastructure operator, has shared that it has pocketed $42 million in its recently held round in April. BluSmart Mobility will employ the funds raised to expand reach into mega cities, and expand fleet to 10,000 over the next year. BluSmart boasts of […] Read more
Hitachi, Quanta Bag EPC Contract for 3.5 GW SunZia Project Updated On Fri, May 5th, 2023 by Saurenergy Renewable energy players Quanta Services and Hitachi Energy have been selected by Pattern Energy Group, a firm that delves into renewable energy and transmission infrastructure, to build its SunZia transmission and wind project. This is the largest renewable project of the USA being built with $8 billion of direct capital investment. Pattern Energy held that […] Read more
