Average Energy Spot Prices at 2-Year Low, REC Prices Rise Updated On Wed, Nov 6th, 2019 by Saurenergy The average spot power price at IEX dropped 54 percent to a two-year low of Rs 2.71 per unit in October, compared to Rs 5.94 per unit last year. The average spot power price at Indian Energy Exchange (IEX) dropped 54 percent to a two-year low of Rs 2.71 per unit in October, compared to Rs 5.94 per unit in the same […] Read more
Apple led Consortium to Purchase Wind Energy in Texas Updated On Wed, Nov 6th, 2019 by Saurenergy Apple, eBay, Samsung, and Sprint have announced a joint agreement to purchase power from a new wind farm developed by Apex Clean Energy in Texas Apple, eBay, Samsung, and Sprint have announced a joint agreement to purchase power from a new wind farm owned and developed by Apex Clean Energy in Texas. The transaction—spearheaded by […] Read more
Gujarat Sets Target for 30 GW Renewable Energy Generation by 2022 Updated On Wed, Nov 6th, 2019 by Saurenergy The state government of Gujarat has set a target of achieving 30 GW of renewable energy generation by 2022 from the current generational capacity of 9670 MW The state government of Gujarat has set a target of achieving 30 GW (30,000 MW) of renewable energy generation by 2022 from the current generational capacity of 9670 […] Read more
KSEB to Modify PSA for 200 MW Wind Power Signed with SECI Updated On Wed, Nov 6th, 2019 by Saurenergy KSERC has asked state Discom KSEB to modify its PSA that it had signed with the SECI for procuring 200 MW wind energy. The Kerala State Electricity Regulatory Commission (KSERC) has in its latest order, asked state Discom Kerala State Electricity Board (KSEB) to modify its Power Sale Agreement (PSA) that it had signed with […] Read more
Genie Energy Solar Arm Bags Module Supply Order from JPMorgan Chase Updated On Tue, Nov 5th, 2019 by Saurenergy Prism Solar Technologies (Prism Solar), a solar manufacturing arm of Genie Energy, has secured an order from JPMorgan Chase to supply solar modules for the installation at its facilities. The company said in a statement that, “Genie Energy Ltd announced that its solar manufacturing subsidiary, Prism Solar Technologies, has received additional purchase orders from JPMorgan […] Read more
CPPIB to Acquire Pattern Energy in All-Cash Deal Updated On Tue, Nov 5th, 2019 by Saurenergy Moreover, the Pattern Energy stake transaction is expected to be completed by the second quarter of 2020, subject to required regulatory approvals, and other customary closing conditions. Canada Pension Plan Investment Board (CPPIB), a professional investment management organization, has entered into a definitive agreement to buy Pattern Energy in an all-cash transaction for USD 26.75 […] Read more
SunAlpha Energy Offers Financing Scheme for Rooftop Solar Plants Updated On Mon, Nov 4th, 2019 by Saurenergy During the initial launch of the facility, SunAlpha Energy wants to target around one thousand homes and businesses with rooftop solar plants. With an aim to make the adoption of solar power easier on the pocket, Rajasthan-based SunAlpha Energy on Monday has launched an easy EMI financing scheme for rooftop solar power plants. During the […] Read more
Industrial Solar Arm Inks Pact with UNIPER for Solar Process Heat Updated On Mon, Nov 4th, 2019 by Saurenergy With an aim to use solar process heat in place of thermal in the industry, solar energy equipment provider Industrial Solar Holding Europe AB, via its wholly owned subsidiary, German Industrial Solar has signed a cooperation agreement with UNIPER SE. The move came after the company analyses the huge potential of solar process heat in […] Read more
Turkcell Launches Turkey’s 1st Solar-Powered Data Center in Ankara Updated On Mon, Nov 4th, 2019 by Saurenergy Commenting on the data center launch, Turkcell, CEO, Murat Erkan said “our investments in Turkey’s data centers that comply with international standards constantly expands as a part of our wider vision of ‘Turkey’s data should be hosted in Turkey.” Turkcell, one of the leading mobile phone operators in Turkey, has launched solar powered data center […] Read more
