Tata Power Gets LOA For 300 MW Hybrid Project from MSEDCL Updated On Thu, Dec 16th, 2021 by Saurenergy TP Saurya Limited (TPSL), a wholly owned subsidiary of Tata Power, received the ‘Letter of Award’ (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for setting up of 300 MW hybrid power capacity. This project has been awarded through Tariff-based competitive bidding followed by e-Reverse auction. TP had won the bid along with Azure […] Read more
Shell Acquires Solar And Energy Storage Developer Savion Updated On Thu, Dec 16th, 2021 by Saurenergy Shell New Energies US LLC, a subsidiary of Royal Dutch Shell plc (Shell), has signed an agreement to buy 100% of Savion LLC (Savion), a large utility-scale solar and energy storage developer in the United States, from Macquarie’s Green Investment Group. With this acquisition, Shell expects to significantly expand its global solar portfolio. “Savion’s significant asset pipeline, highly […] Read more
Global Installed Wind Power Capacity to Grow at 9% Annually till 2030 Updated On Wed, Dec 15th, 2021 by Saurenergy Global wind power capacity is expected to grow at a cumulative annualised growth rate (CAGR) of 9% between 2021 and 2030, according to a new report by Wood Mackenzie, a Verisk business. By the end of the decade, cumulative global wind power capacity is projected to hit over 1,756 gigawatts (GW). Wood Mackenzie’s Q4 forecast […] Read more
NREL Researchers Offer Guidance for Solar Systems To Last Updated On Tue, Dec 14th, 2021 by Saurenergy Scientists at the National Renewable Energy Laboratory (NREL) have laid out a cost-effective five-point plan to improve the reliability of solar panels in light of extreme weather, rapid innovation, and extremely competitive prices. In a commentary piece published in the journal Nature, Dirk Jordan, Teresa Barnes, Nancy Haegel, and Ingrid Repins urge the solar industry […] Read more
KKR Launches New RE Platform ‘Stellar Renewable Power’ Updated On Thu, Dec 9th, 2021 by Saurenergy Investment firm KKR has launched “Stellar Renewable Power”, a new platform that aims to source, develop and operate utility-scale solar plants and storage facilities on behalf of KKR’s Asset-Based Finance (ABF) strategy. Stellar will source opportunities through greenfield development and acquisitions of early-stage assets from other developers. Renewable energy expert Vijay Venkatachalam will lead Stellar. […] Read more
Sungrow Launches Ultra Powerful Inverter- SG350HX Updated On Tue, Dec 7th, 2021 by Saurenergy Sungrow has launched its new star inverter, Sungrow’s star inverter, the SG350HX. The ultra strong string inverter achieves a max. power of 352kW, perfectly matching 182mm/210mm PV modules and leading to a higher DC/AC ratio. The inverter is considered the best solution from the firm to power the latest round of projects awarded under Malaysia […] Read more
MSEDCL Seeks Bids for 642 MW Wind Power Projects Updated On Mon, Dec 6th, 2021 by Saurenergy The Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) has released a couple of new tenders, inviting bids from interested developers for two wind power projects (300 MW and 342 MW total capacities) in the state. Key details of each tender are given below: A. For procurement of 300 MW wind power on long term basis […] Read more
At Intersolar India, Gujarat Demonstrates Why It Is India’s Solar Growth Engine Updated On Mon, Dec 6th, 2021 by Saurenergy At Intersolar India last week, the first doubt that was cleared very quickly was the choice of location. Gandhinagar, the capital of Gujarat, is known to most people more for its limited role as the seat of the state government, than any pretensions to be a thriving commercial or cultural hub. Barely 20 odd kilometres […] Read more
Integrating Storage Key to Solar’s Long-term Success, says Sterling and Wilson Renewable Energy Ltd CEO Updated On Fri, Dec 3rd, 2021 by Saurenergy In this conversation with Prasanna Singh, Group Editor at Saur Energy, Mr. Chandra Kishore Thakur, CEO, Sterling and Wilson Renewable Energy Limited, reflects on the firm’s current and future plans. Throwing light on solar’s growth potential in India, Mr. Thakur cites inflation, supply chain constraints and GST taxation structure, among others, as key challenges. Q. What […] Read more
