Shocker! ACME Bows Out From Rajasthan Project With Record Low Tariffs Updated On Wed, May 20th, 2020 by Saurenergy After surprising the world, and setting the stage for a period of record low tariffs in India with its bid at Rs 2.44 kWh for a SECI project in Rajasthan, the winner, ACME Solar, has opted to cancel the project. It had won the 600-Mw project in Rajasthan at a historic low rate of Rs […] Read more
COVID-19: 155 Global Corporations Jointly Urge World Leaders for Net-Zero Recovery Updated On Wed, May 20th, 2020 by Saurenergy In the largest-ever UN-backed CEO-led climate advocacy effort, major multinationals reaffirm their own science-based commitments to achieving zero-carbon economy and call on governments to match their ambition. The 155 global corporations, with a combined market capitalization of more than USD 2.4 trillion and representing more than 5 million employees, have signed a statement urging governments […] Read more
MNRE Urges SERCs to Allow Online Petition Listing, Start Hearing via Video Conferencing Updated On Tue, May 19th, 2020 by Saurenergy In order to provide support to the renewable sector in regularizing the matters at SERCs and to safeguard the ongoing investment in the country, the Ministry of New and Renewable Energy (MNRE) has requested all the State Electricity Regulatory Commissions (SERCs) to consider allowing filing and listing of petitions online and hear urgent matters through […] Read more
242 MW Wind Farm Begins Commercial Operation in Missouri Updated On Tue, May 19th, 2020 by Saurenergy The Tenaska Clear Creek Energy Center, a 242-megawatt (MW) wind farm in northwest Missouri, is now fully operational. The Tenaska Clear Creek Energy Center, a 242-megawatt (MW) wind farm in northwest Missouri, is now fully operational. The facility achieved commercial operation on Monday, May 4, 2020. Located north of Maryville in Nodaway County, Tenaska Clear Creek is comprised of 111 Vestas […] Read more
SECI Extends Bid Deadline for Projects in Andaman and Ladakh Updated On Tue, May 19th, 2020 by Saurenergy SECI has announced the extension in the bid submission deadline for its tenders for setting up solar projects in Andaman and Nicobar Islands and Ladakh. The Solar Energy Corporation of India (SECI) has announced the extension in the bid submission deadline for its tenders for setting up solar power projects in Andaman and Nicobar Islands […] Read more
SECI to Hold Virtual Pre-Bid Meetings, Asks Stakeholders to Submit Queries Online Updated On Mon, May 18th, 2020 by Saurenergy SECI has issued two notifications regarding pre-bid and stakeholder consultation meetings for two of its active tenders for solar power projects in India The Solar Energy Corporation of India (SECI) has issued two notifications regarding pre-bid and stakeholder consultation meetings for two of its active tenders for 2000 MW solar energy projects (ISTS-IX) and the […] Read more
Grid (In) Stability in Focus At Accenture’s Digitally Able Grid Survey Updated On Mon, May 18th, 2020 by Saurenergy More than nine in 10 executives (95%) believe that climate change due to greenhouse gas emissions has been a contributing factor to increased extreme weather events that their electricity networks have experienced over the past 10 years, according to new research from Accenture. In addition, 90% believe an expected rise in severe weather poses an […] Read more
Govt to Offer Rebate to Discoms for Covid-19 Lockdown Period Updated On Sat, May 16th, 2020 by Saurenergy With an aim to provide relief to cash strapped power distribution companies (Discoms), the government has taken a slew of measures to help them, including providing a rebate for the lockdown period amidst the coronavirus pandemic. The power ministry’s move is in line with the Finance Minister Nirmala Sitharaman’s announcement on May 13, 2020, under […] Read more
Solis to Raise $100 M and Double Production Capacity to 20 GW Updated On Fri, May 15th, 2020 by Saurenergy Ginlong Technologies (Solis), a global leader in photovoltaic string inverter manufacturing, has announced its plans to raise over USD 100 million Ginlong Technologies (Solis), a global leader in photovoltaic string inverter manufacturing, has announced its plans to raise over USD 100 million (~700 million Chinese Yuan), through a non-public offering to finance the expansion of […] Read more
