Scatec Solar acquires SN Power, building a global leader in RE Updated On Mon, Oct 19th, 2020 by Saurenergy Scatec Solar has signed a binding agreement to acquire 100% of the shares in SN Power, a leading hydropower developer and IPP, from Norfund for a total equity value of USD 1,166 million. The acquisition forms an important part of Scatec Solar’s broadened growth strategy, with an ambition to become a global large-scale player in […] Read more
EDFR & Geenex Solar Transact on 4.5 GW Solar Development Portfolio Updated On Mon, Oct 19th, 2020 by Saurenergy EDFR North America and Geenex Solar have announced the close of an agreement of up to 4.5 GW pipeline of solar development assets throughout PJM. EDF Renewables (EDFR) North America and Geenex Solar have announced the close of an agreement of up to 4.5 gigawatt (GW) pipeline of solar development assets throughout PJM. The pipeline […] Read more
NHDC Tenders for Price Discovery of Solar Modules for 1500 MW PV Projects Updated On Mon, Oct 19th, 2020 by Saurenergy NHDC has issued a limited tender for the price discovery of solar PV modules for solar power projects of NHDC for RUMSL RFPs for 1500 MW. NHDC Ltd, a Joint Venture of NHPC Ltd and the Government of Madhya Pradesh, has issued a limited tender for the price discovery of solar PV modules for solar power […] Read more
Metropolitan to Optimize Solar Energy With Battery Storage Systems Updated On Mon, Oct 19th, 2020 by Saurenergy The Metropolitan Water District of Southern California is preparing to build four new battery energy storage systems that will boost the district’s energy resilience and cut operational costs by optimizing solar power and reducing peak load at its facilities. The agency’s board of directors Tuesday voted to authorize $2.2 million to design the battery systems […] Read more
State Commission to Conduct Hearing on Mumbai Power Outage on Oct 21 Updated On Mon, Oct 19th, 2020 by Saurenergy MERC will be making a suo motu hearing on the Mumbai power outage on October 21, 2020. The reasons for the rare citywide power outage will be discussed. The Maharashtra Electricity Regulatory Commission (MERC) has said that it will be making a suo motu hearing on the Mumbai power outage on October 21, 2020. The […] Read more
Power Consumption has Returned to Normal, Over 11% Growth in October Updated On Mon, Oct 19th, 2020 by Saurenergy India’s power consumption grew 11.45 percent to 55.37 BU in the first half of October this year, mainly driven by buoyancy in C&I activities. India’s power consumption grew 11.45 percent to 55.37 billion units (BU) in the first half of October this year, mainly driven by buoyancy in industrial and commercial activities, as per government data. According to the power ministry […] Read more
Tata Power Provides Update on InvIT for its Renewables Business Updated On Mon, Oct 19th, 2020 by Saurenergy Tata Power in its latest regulatory filing has provided an update on the process of creation of an InvIT for its renewables business Tata Power, in its latest regulatory filing, has stated that as a part of its growth strategy, the Company has taken several steps to deleverage the balance sheet and improve the capital […] Read more
Penn State Powers Up with Solar Updated On Sat, Oct 17th, 2020 by Saurenergy Penn State announced that this month the University has begun purchasing renewable electricity generated from three Lightsource bp solar farms that have completed construction in Franklin County. The projects were initiated in early 2019 upon the signing of a 70 megawatt Power Purchase Agreement (PPA) under which Penn State would purchase 100% of the electricity […] Read more
Fluence Acquires Advanced Microgrid Solutions’ AI-Driven Software and Digital Intelligence Platform for Renewables and Energy Storage Updated On Sat, Oct 17th, 2020 by Saurenergy Fluence, a Siemens and AES company, today announced it has acquired the digital intelligence platform of AMS, the leading provider of A.I.-enabled optimized bidding software for utility-scale storage and generation assets. The combination of the two companies’ technologies will help utilities, developers, and commercial and industrial customers optimize energy storage and flexible assets to deliver […] Read more
