DMRC One of the Greenest Metro Services Globally Updated On Tue, Jul 14th, 2020 by Saurenergy DMRC is meeting 32 percent of its total energy requirement from the 750 MW Rewa solar park, making it one of the greenest metro services in the world. The Delhi Metro Rail Corporation (DMRC) had recently announced that it is meeting 32 percent of its total energy requirement from the 750 MW solar power project set at Rewa […] Read more
OLADE, IRENA put RE at Heart of Economic Recovery in LAC Updated On Thu, Jul 9th, 2020 by Saurenergy IRENA and OLADE will boost ties to put the renewables-driven energy transformation at the heart of LAC economic recovery following the COVID-19 outbreak. The International Renewable Energy Agency (IRENA) and the Latin American Energy Organization (OLADE) will boost ties to put the renewables-driven energy transformation at the heart of Latin America and the Caribbean (LAC) […] Read more
Viability of Rs 2.36/Unit to Depend on Module Prices & Duty: ICRA Updated On Thu, Jul 9th, 2020 by Saurenergy The viability of the Rs 2.36/Unit tariffs are critically dependent on PV module prices and the proposed pass through on import duty, according to ICRA. The recently concluded tranche IX auction for inter-state transmission systems (ISTS) solar projects by the Solar Energy Corporation of India (SECI) yielded the lowest ever tariffs at Rs 2.36/unit, considerably […] Read more
Italy’s ENEL Has Norway’s Norfund Backing It For India Foray Updated On Thu, Jul 9th, 2020 by Saurenergy Rome – based Enel SpA, which recently won its first big solar energy tender in India, announced on Wednesday that its subsidiary firm Enel Green Power has signed an agreement with the Norwegian Investment Fund (Norfund) to back its renewable projects in India. Both firms will share in the costs of establishing the projects in […] Read more
5.5 GW PV Additions in India in FY21; 15% Decline due to COVID-19: ICRA Updated On Tue, Jul 7th, 2020 by Saurenergy According to ICRA, the solar PV capacity additions in FY 2020-21 are expected to remain subdued given the continued execution challenges due to COVID-19. The domestic solar PV capacity additions in FY 2019-20 has remained lower by about 15 percent than the previous estimate of 7-7.5 GW, mainly on account of the disruption in supply […] Read more
Rajnath Singh Launches NOC Issuance Portal for Power Projects Updated On Mon, Jun 29th, 2020 by Saurenergy Raksha Mantri Rajnath Singh on Monday has launched a new online application portal for the issuance of No Objection Certificate (NOC) for power projects and Research Survey Exploration Exploitation (RSEE) activities in the Indian Territorial Waters (TW) and Exclusive Economic Zone (EEZ). The move came as the government wants to ensure ease of business and […] Read more
KKR Acquires Stake in Philippines Based Power Producer ‘First Gen’ Updated On Mon, Jun 29th, 2020 by Saurenergy KKR has accepted all of the 427,041,291 common shares of First Gen, representing approximately 11.9 percent of its outstanding common shares. Global investment firm KKR has announced that, following the completion of the voluntary tender offer period by Valorous Asia Holdings, an entity owned by KKR investment funds, the Offeror has accepted all of the […] Read more
Tucson Electric Mulls to Supply 70% Electricity via Renewable to achieve CO2 Reduction Targets Updated On Sat, Jun 27th, 2020 by Saurenergy In a significant development, Arizona-based electric utility company, Tucson Electric Power (TEP), is mulling to supply over 70 per cent of its electricity from wind and solar energy resources. The move is seemed to be as part of its clean energy plan in which it is targeted to trim 80 per cent of its carbon […] Read more
We are Mulling for Series of Capacity Building, Training Programs for All Stakeholders in Chattisgarh Updated On Fri, Jun 26th, 2020 by Saurenergy We are planning for a series of capacity building and training programs for all stakeholders on site selection, pre-feasibility, regulations, procedures, etc. as per solar rooftop regulation. Awareness programs for all sectors of electricity consumers for awareness and benefits of the solar rooftop are also planned. Rooftop is the highest potential sector in the state […] Read more