GE T&D India to Set Up PowerGrid’s Substation in Gujarat For Wind Power Evacuation Updated On Mon, Feb 25th, 2019 by Saurenergy Through this project, GE will help evacuate around 2500 MW of wind power generated in Gujarat. GE T&D India, part of GE’s Grid Solutions business in India, has been awarded a Rs 162 crore contract by Power Grid Corporation of India Limited (PGCIL) to extend the 765kV AIS Substation and setting up a new 400kV […] Read more
ACWA Power Joins Hand with Huawei to Develop Global PV Market Updated On Mon, Feb 25th, 2019 by Saurenergy As per the agreement, the two sides will work together to develop global PV market and apply the cutting-edge technologies such as artificial intelligence, big data, and cloud computing to PV plant projects to promote industry progress with technological innovation. Saudi Arabia’s leading developer and operator of power and desalination water plant, ACWA Power has […] Read more
European Offshore Wind Capacity Grew By 18% in 2018 Updated On Sat, Feb 23rd, 2019 by Saurenergy Europe installed 2.6 GW of new offshore wind energy capacity in 2018, according to statistics released by WindEurope. That’s an 18% increase in Europe’s offshore wind capacity. Europe now has 105 offshore wind farms across 11 countries with a total capacity of 18.5 GW. This is around 10% of the total installed wind energy capacity […] Read more
Fitch Ratings Assigns BB(EXP) Rating to ReNew’s USD Notes Updated On Sat, Feb 23rd, 2019 by Saurenergy Fitch Ratings has assigned an expected rating of ‘BB (EXP)’ to the proposed US dollar fundraising of ReNew RG II. Fitch Ratings has assigned an expected rating of ‘BB (EXP)’ to the proposed US dollar fundraising of ReNew RG II, which is a restricted group of subsidiaries owned by ReNew Power Ltd. “The rating of the proposed notes reflects […] Read more
EESL & BRPL to Launch Super-Efficient Air Conditioning Programme Updated On Sat, Feb 23rd, 2019 by Saurenergy EESL and BSES have joined hands to implement a 12-month pilot of the Super-Efficient Air Conditioning programme. Energy Efficiency Services Limited (EESL), a joint venture of four National Public Sector Enterprises under Ministry of Power, Government of India, has launched its Super-Efficient Air Conditioning Programme for residential and institutional consumers in the BSES area. EESL […] Read more
Madhya Pradesh Regulator is Right, Don’t Consider Any Change in PPAs Updated On Sat, Feb 23rd, 2019 by Saurenergy The news that the Madhya Pradesh Electricity Regulatory Commission (MPERC) has refused the plea from the state electricity distribution companies’ (discoms) to revise the rates at which they procure wind power is to be welcomed. The MP Power management company — the holding entity of the state’s discoms, had made a plea to review the […] Read more
Wish List for The Final 2019 Budget Updated On Fri, Feb 22nd, 2019 by Saurenergy In a year when the country heads for general elections, the renewable sector has reason to look forward to a good final budget, from whoever comes to power. This is because the renewables sector has been an undisputed success story for India, and no government should be doing anything to slow it down. For the […] Read more
SECI Designated as RE Implementing Agency Updated On Fri, Feb 22nd, 2019 by Saurenergy SECI has been designated as the renewable energy implementing agency so as to facilitate the application of connectivity and LTA in ISTS network. The Solar Energy Corporation of India with the approval of the Minister for Power and New and Renewable Energy, R K Singh, has been designated as the Renewable Energy Implementing Agency of […] Read more
MNRE’s Rs 175.87 Cr RE Research and Technology Development Programme Renewed Updated On Fri, Feb 22nd, 2019 by Saurenergy The President of India has given his approval for the continuation of the Renewable Energy Research and Technology Development (RETD) program of the Ministry of New and Renewable Energy (MNRE) for implementation during 2017-18 and 2019-20 at the cost of Rs 175.87 crore. The scheme aims at scaling up R&D effort for “Renewable Energy Research […] Read more