MSEDCL Subsidy Scam Highlights Attitude To Solar Power in Maharashtra Updated On Mon, Feb 10th, 2020 by Saurenergy Maharashtra’s latest ‘scam’ potentially shows up just why getting discoms on board to promote renewable power is so difficult. A MERC (Maharashtra Electricity Regulatory Commission) appointed committee has filed a report that accuses the state power distribution utility, Mahavitaran or MSEDCL as its English moniker goes, of outright fraud. The report claims that MSEDCL has […] Read more
West Bengal to set up Solar Projects on Depot Roofs to Charge EVs Updated On Mon, Feb 10th, 2020 by Saurenergy The West Bengal Transport Corporation is set to generate power through solar panels on depot roofs to recharge its electric vehicles (EVs) The West Bengal Transport Corporation (WBTC) is set to generate power through solar panels on depot roofs to recharge its electric vehicles (EVs). The Energy and Resource Institute (TERI) has conducted a study and found significant savings in annual electricity bills. In a […] Read more
The Total-Adani Deal- Impact on Indian Solar Sector Updated On Fri, Feb 7th, 2020 by Saurenergy The announcement yesterday of a proposed JV between Total Total SA, the french energy major, and Adani Green Energy, the renewable energy arm of the Adani Group, for $510 million (approx Rs 3600 crores) is, to put it mildly, a surprise. After all, while not dire, the sector today faces multiple pressure points, the latest […] Read more
Canadian Solar Acquires 47.5 MW Solar Portfolio in Chile Updated On Fri, Feb 7th, 2020 by Saurenergy Canadian Solar has announced that it has completed the acquisition of a 47.5 MW portfolio of solar projects under development in Chile. Canadian Solar, one of the world’s largest solar power companies, has announced the acquisition of a 47.5 MW portfolio of solar projects under development in Chile. These projects will become operational in two different […] Read more
Total to Buy 50% Stake in Adani’s Solar Portfolio for About USD 510 Mn Updated On Thu, Feb 6th, 2020 by Saurenergy In a bid to extend its long term partnership to renewables portfolio, Adani Group on Thursday entered into binding agreement to sell its half of the stake in solar energy assets for about USD 510 million to Total Gas & Power Business Services SAS (Total). As per the deal, Total will acquire 50 percent stake […] Read more
CO2 Emissions Fell by 12%, as Wind & Solar Took the Lead in Europe Updated On Thu, Feb 6th, 2020 by Saurenergy A new report has revealed that CO2 emissions fell by 12 percent across Europe in 2019, as wind and solar provided more electricity than coal A new report, presenting the latest insights on Europe’s electricity transition has revealed that CO2 emissions fell by 12 percent across Europe in 2019, as wind and solar energy sources […] Read more
TGC Gets Financing for 70 MW New York Community Solar Portfolio Updated On Thu, Feb 6th, 2020 by Saurenergy TGC has closed on $42.8 million in debt financing and $41.1 million in tax equity financing for a 70 MW community solar portfolio located in New York State. True Green Capital Management (TGC), a specialized energy infrastructure asset management firm, today announced that its has closed on USD 42.8 million in debt financing and USD […] Read more
Maldives Invites Applications for 21 MW World Bank Backed Solar Projects Updated On Thu, Feb 6th, 2020 by Saurenergy Maldives has announced its largest renewables project so far, inviting bidders to submit applications to install 21 MW solar systems on its 6 major islands. The Island nation of Maldives has announced its largest renewable energy project so far, calling interested parties to submit applications for the pre-qualification to install 21 MW grid-tied solar PV […] Read more
Canadian Solar, Lightsource BP Sign 1.2 GW Module Supply Agreement Updated On Thu, Feb 6th, 2020 by Saurenergy Canadian Solar has signed a multi-year module supply agreement with Lightsource BP to deliver 1.2 GW of high efficiency polycrystalline solar modules Canadian Solar, one of the world’s largest solar power companies, has announced that it has signed a multi-year module supply agreement with Lightsource BP to deliver 1.2 GW of high efficiency polycrystalline solar […] Read more
