New EU Rules On Energy Projects Focus on Flexibility, Climate Change Updated On Fri, Dec 24th, 2021 by Saurenergy The European Commission has endorsed the new Climate, Environmental Protection and Energy State Aid Guidelines (CEEAG). to ensure that its state aid rules play their full role in supporting the European Green Deal, according to a recent announcement. Back in February, the European Commission (the executive branch of the European Union) organised a conference about how […] Read more
African Nation Namibia to Tender 50-130MW CSP Project Next Year Updated On Thu, Dec 23rd, 2021 by Saurenergy Namibia Power Corporation Ltd (NamPower), the national electric power utility company of the African country Namibia, is planning to issue a tender for a 50MW-130MW concentrated solar power (CSP) with storage project in 2022. The project is expected to require investment of US$600mn-US$1bn, with a target commissioning date set for 2025. The plans were revealed by […] Read more
TotalEnergies Unveils France’s Largest Battery Storage Facility Updated On Thu, Dec 23rd, 2021 by Saurenergy French petroleum refining company TotalEnergies has launched the largest battery-based energy storage facility in France, the company claimed in a recent official statement. Located at the Flandres center in Dunkirk, this site, which responds to the need for grid stabilization, has a power capacity of 61 MW and a total storage capacity of 61 megawatt […] Read more
EKI Energy Services Races To Make The Most Of Its Headstart In Carbon Credits Updated On Wed, Dec 22nd, 2021 by Saurenergy For Indore based EKI Energy services Limited, the past 12 months have been nothing short of a ride of a lifetime. The firm has left many startups in the shade with the incredible price movement of its stock, soon after it listed on the BSE SME index. After issuing shares at a price of Rs […] Read more
SECI’s 1110 MW Hybrid Projects Face a Long Delay Due To Uncertainty Over SC Judgement Updated On Wed, Dec 22nd, 2021 by Saurenergy In yet another case involving adoption of tariff after taking into account change in law events, a key SECI project, the 1110 MW (Tranche III) Wind -Solar Hybrid project could be facing a long delay. The letter of award to the winning bidders had been issued on 31/12/2020, ie, almost a year back. The project, […] Read more
Curbs On Banking Of Power Risks Hurting Renewable Producers Updated On Wed, Dec 22nd, 2021 by Saurenergy A briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research asserts that new restrictions on banking of power will inhibit the growth of the rooftop and open-access solar market. This would have a wide ranging impact on India’s national target of 500 gigawatts (GW) of installed renewable capacity by […] Read more
Not Having A Central Net Metering And Subsidy Policy Is A Challenge Updated On Tue, Dec 21st, 2021 by Saurenergy Corrit Energy and Infra, a Gurugram, based solar EPC company provides engineering, procurement, and construction services in and around Delhi- NCR is now gearing up for the next phase of growth. In an emailed response to Saur Energy, Corrit’s CEO and Director, Mayur Mishra, sheds further light on the solar energy industry, key requirements and […] Read more
CERC Votes For Mutual Settlement Of Disputes In ‘Change In Law’ Petitions Updated On Tue, Dec 21st, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC), in a series of recent orders, has decisively pushed parties petitioning for ‘change in law’ situations to settle their disputes with mutual discussions and understanding. By doing this, the CERC is simply sticking to the letter of the agreements signed in these cases, which do have a provision for […] Read more
Azure Power Inks 2333MW PPA with SECI Under 4GW Mfg-linked Projects Updated On Mon, Dec 20th, 2021 by Saurenergy Azure Power has signed its largest ever Power Purchase Agreements (PPAs) with the Solar Energy Corporation of India (SECI) for a capacity of 2,333 MW of interstate transmission system (ISTS)-connected solar power projects under the 4 GW manufacturing linked projects, announced the company in a recent official statement. The news was expected since last week, […] Read more
