ACME Signs Deal With Brookfield Renewable for 450MW Solar Project Updated On Tue, Jun 22nd, 2021 by Saurenergy One of the largest solar power developers in India, ACME Solar Holdings Ltd. has announced signing a deal with Brookfield Renewable, an owner and operator of renewable assets, for a 450 MW solar power project in Rajasthan, India. Brookfield Renewable is one of the world’s largest investors in renewable power, with approximately 21,000 megawatts of […] Read more
Hindustan Zinc Bags CII’s Award For 22 MW Solar Plant Updated On Tue, Jun 22nd, 2021 by Saurenergy One of the leading Indian zinc-lead and silver producers, Hindustan Zinc has won the ‘Best Application & Uses of Renewable Energy (Large Project)’ award at the 5th Edition of the CII National Energy Efficiency Circle Competition 2021 for its Rampura Agucha Mine’s 22 MW solar plant, based in Udaipur, Rajasthan. Hindustan Zinc, a Vedanta Group […] Read more
The Maldives Opens Pre-qualification For 11-14 MW Solar PV Tender Updated On Tue, Jun 22nd, 2021 by Saurenergy Under World Bank-supported Accelerating Renewable Energy Integration and Sustainable Energy (ARISE) project, the Maldives has opened pre-qualification for a solar PV tender of 11-14 MW capacity range. This PV installation project covers hybridisation of fourteen island grids which currently rely almost entirely on diesel for power generation. Interested developers can submit applications for pre-qualification on or before 1 […] Read more
ISTS Waiver Extended By 2 Years For Solar, Wind Energy Updated On Tue, Jun 22nd, 2021 by Saurenergy “The Ministry of Power has issued an order today for the extension of the waiver of Inter-State Transmission system (ISTS) charges on the transmission of electricity generated from solar and wind sources for projects to be commissioned up to 30th June 2025,”. With this statement, the Ministry of Power (MoP) has confirmed a widely expected waiver […] Read more
Sri Lanka To Purchase 75% Equipment from India For India-funded Projects Updated On Mon, Jun 21st, 2021 by Saurenergy Recently, we reported that India extended a USD 100 million Line of Credit (LOC) to Sri Lanka for various solar energy projects. Now, for those solar projects, Sri Lanka will purchase the equipment and materials from India itself. That USD 100 million LOC is a 15-year loan of a fixed rate of 1.75% and that […] Read more
Australia Pulls Back On $36 Billion Renewable and Hydrogen Project Updated On Mon, Jun 21st, 2021 by Saurenergy The Australian government has rejected a huge wind, solar, and hydrogen project worth AUD 36 billion located in the Pilbara region of Western Australia. The renewable project Asian Renewable Energy Hub (AREH) has been called “clearly unacceptable” by Environment Minister Sussan Ley. Sussan Ley declared the decision in a release published on Australia‘s environment department’s […] Read more
PTT’s Power Arm To Invest $635 Million In Renewable Energy Across Asia Updated On Mon, Jun 21st, 2021 by Saurenergy Global Power Synergy, the power unit of Thailand’s state-owned oil and gas group PTT, will invest 20 billion baht equivalent to USD 635 million, in renewable energy assets across Asia including India and China. Global Power Synergy announced that it will be borrowing up to USD 635 million from parent PTT for investment chiefly in […] Read more
Tata Motors & Tata Power Inaugurate India’s Largest Solar Carport in Pune Updated On Fri, Jun 18th, 2021 by Saurenergy Tata Motors and Tata Power today jointly inaugurated India’s largest grid-synchronized, behind-the-meter solar carport at the Tata Motors car plant in Chikhali, Pune. The 6.2 MWp solar carport deployed by Tata Power will generate 86.4 lakh kWh of electricity per year and is estimated to reduce 7,000 tons of carbon emissions annually and 1.6 lakh tons […] Read more
US Solar Capacity Surpasses 100 GWs with 58% Electricity Generation Updated On Fri, Jun 18th, 2021 by Saurenergy The US solar market has surpassed the 100 gigawatts (GWs) of installed electricity generation capacity, which marks the doubled size of the industry over the past 3.5 years, says a report entitled ‘U.S. Solar Market Insight Q2 2021’. According to the report released by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, the solar […] Read more
