MNRE Clarifies on Payment Security Mechanism Directive for Gencos Updated On Thu, Aug 1st, 2019 by Saurenergy The energy generated during the non-dispatch period shall be calculated on the basis of Capacity Utilization Factor as declared by the generators in Power Purchase Agreements. The Ministry of New & Renewable Energy (MNRE) has issued a clarification on the power ministry’s latest directive, which is applicable from today, for power distribution companies (dZiscoms) to […] Read more
EBRD Grants €149 Million Loan to Upgrade Ukraine’s Transmission Updated On Thu, Aug 1st, 2019 by Saurenergy European Bank for Reconstruction and Development (EBRD) has announced that it will provide a €149 Million Loan for the upgrade of Ukraine’s transmission network The European Bank for Reconstruction and Development (EBRD) has announced that it will provide a €149 Million Loan to support the upgrade of Ukraine’s transmission network. The investment will help Ukrenergo upgrade […] Read more
Energy Storage to Grow 122-Fold Over Next 2 Decades: Report Updated On Thu, Aug 1st, 2019 by Saurenergy Energy storage installations around the world will grow exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040 Energy storage installations around the world will grow exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). The 122-fold boom […] Read more
Tesla Introduces New Battery for Utility Scale Energy Storage Updated On Wed, Jul 31st, 2019 by Saurenergy To match global demand for massive battery storage projects, Tesla has designed a new battery product specifically for utility-scale projects: Megapack. Two years ago, Tesla built and installed the world’s largest lithium-ion battery in Hornsdale, South Australia using Tesla Powerpack batteries. Since then, the facility saved nearly USD 40 million in its first year alone and helped […] Read more
India to Extend $100 mn Aid to Benin to Meet Sustainable Development Goals Updated On Wed, Jul 31st, 2019 by Saurenergy India has offered financial assistance of USD 100 million to Benin with an aim to help the West African country meet its Sustainable Development Goals. India has offered concessional financial assistance of USD 100 million to Benin with an aim to help the West African country meet its Sustainable Development Goals. President Ram Nath Kovind is currently on the […] Read more
Bifacial Tech with Transparent Backsheet Trims Weight, Labor Cost of Module Updated On Tue, Jul 30th, 2019 by Saurenergy When compared with bifacial dual glass, Swan bifacial with transparent backsheet has proven to reduce approximately 3 percent BOS costs. Bifacial technology was one of the most talked of technology trends in the photovoltaic (PV) industry since 2018. With cell makers able to manufacture bifacial products at only a marginally higher cost than mono facial, […] Read more
Industry Making a Mistake by Staying Quiet on the Andhra Skirmish Updated On Tue, Jul 30th, 2019 by Saurenergy Even as the Andhra Pradesh government’s move to ‘renegotiate’ PPA’s continues to cause consternation, industry, and not just the renewables sector at that, seems intent on missing an opportunity to show some spine and establish some respect for the law they live by. By now, no one in the renewables sector is unfamiliar with the […] Read more
EDPR Sells Stake in 137 MW Brazilian Wind Farm to Actis Updated On Tue, Jul 30th, 2019 by Saurenergy EDPR has signed an agreement with a subsidiary of Actis for the sale of all of its shareholding in a 137 MW onshore wind project in Brazil EDP Renewables (EDPR), the renewable arm of Portugal’s largest electric utility company EDP, has announced that it has signed an agreement with a subsidiary of the private equity […] Read more
588 MW Beatrice Offshore Wind Farm Begins Operation Updated On Tue, Jul 30th, 2019 by Saurenergy SSE has announced the official opening of the 588 MW Beatrice offshore wind farm in Scotland. The renewables unit of UK utility SSE plc has announced the official opening of the 588 MW Beatrice offshore wind farm in the Outer Moray Firth, Scotland. Situated in the North Sea, 13 km off the coast of Caithness, […] Read more
