AIIB gives $200 million loan to Bangladesh to develop renewable energy Updated On Tue, May 10th, 2022 by Saurenergy Bangladesh has got a long term credit facility of $200 million from the Asian Infrastructure Investment Bank (AIIB) to develop a range of infrastructure projects top of which stands renewable energy expansion in the country. The renewable energy and electricity infrastructure improvement is to ensure optimal power supplies throughout Bangladesh. The official statement from the […] Read more
Shift To Renewable Is Slow And Unable to Stop Power Cuts In US Updated On Tue, May 10th, 2022 by Saurenergy Electric grid operators across the USA are warning of looming blackouts as companies shift to renewable energy. MISO CEO John Beer has been quoted by a section of media as saying on May 8, “As we go forward, we need to know that when you put in a solar panel or a wind turbine, it’s […] Read more
Singapore Calls Neighbours For Low-Carbon Power, Gets 20 Proposals Updated On Tue, May 10th, 2022 by Saurenergy Singapore recently called its neighbours to bring in around 30% of its electricity demand by 2035, receiving 20 proposals from overseas. Currently generating 95% of its electricity from natural gas, Singapore wants to decarbonize its power mix but finds itself handicapped by tiny land area. Left with few options but to look offshore, Singapore approached […] Read more
SECI signs MoU with Min of Home Affairs to set up solar panels Updated On Mon, May 9th, 2022 by Saurenergy Solar Energy Corporation of India (SECI) has signed an Memorandum of Understanding (MoU) with the Union Ministry of Home Affairs (MHA) in order to harness the potential of solar energy on the available rooftop areas in the campuses of the Central Armed Police Forces (CAPF) and National Security Guard (NSG), an official press release states. […] Read more
Jharkhand Seeks Bidders To Conduct Topography Survey For 80 MW Solar Updated On Mon, May 9th, 2022 by Saurenergy Jharkhand Renewable Energy Development Agency (JREDA) has invited bids for the engagement of agency for conducting topography survey, geo-technical investigation and hydrological study for an upcoming 80 MW solar park at four different locations namely at Deoghar, Simdega, Palamu and Garhwa in Jharkhand. Jharkhand Renewable Energy Development Agency (JREDA) is the state agency mandated to […] Read more
In Relief For Developers, TNERC Revises Order On Solar Tariff By Changing Accounting Norms Updated On Mon, May 9th, 2022 by Saurenergy In a relief to the developers involved, Tamil Nadu Electricity Regulatory Commission (TNERC) has revised solar tariff for FY 2017-18 on an Appellate Tribunal for Electricity (APTEL) remand matter filed by National Solar Energy Federation of India Limited (NSEFI), the latter has reported. In its latest order, TNERC has revised tariff from Rs 5.10 to 5.68/kWh, […] Read more
MSEDCL floats 431 MW solar tender in Maharashtra Updated On Mon, May 9th, 2022 by Saurenergy Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) has invited bids for the procurement of 431 MW solar power from decentralised solar projects of minimum 0.5 MW to maximum 2 MW capacity under component-A of PM Kusum Scheme to be developed in Maharashtra. Key details of the tender released by MSEDCL are as follows: Pre-bid Conference Meeting Date […] Read more
Harsh Shah To Take Over As CEO At Azure Power From July 1 Updated On Mon, May 9th, 2022 by Saurenergy Azure Power has announced the appointment of Harsh Shah as CEO. He follows in the wake of the exit of Ranjit Gupta last month. Shah was previously the Chief Executive Officer of IndiGrid, India’s first and largest Infrastructure Investment Trust (InvIT) in the Indian energy sector. It owns, operates, and manages power transmission networks and […] Read more
AES to provide 450 MW renewable energy to Amazon Updated On Mon, May 9th, 2022 by Saurenergy Virginia, US based AES Corporation has announced that it has entered into two renewable energy Power Purchase Agreements (PPAs) with global e-commerce and cloud giant Amazon. As part of the agreements, AES will deliver renewable energy in the CAISO (California Independent System Operator) market and source it from a combined 450 MW of solar and […] Read more