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
2021 Confirmed As Record Year For Solar Capacity With 11 GW Crossed Updated On Wed, Dec 15th, 2021 by Saurenergy With the December numbers yet to be tallied, India has already added about 11.1 GW of solar capacity from January 2021 till November 2021, which is about 249% higher compared to the installations done in 2020, a new report by JMK Research & Analytics(JMK) says. These numbers are broadly in line with the industry figures […] Read more
Rays Power Infra to Build 500 MW Solar Park in Rajasthan Updated On Wed, Dec 15th, 2021 by Saurenergy Rays Power Infra has signed a Memorandum of Understanding (MoU) with the Rajasthan government for constructing a solar power plant with the capacity to generate 500 MW of green electricity. During the ongoing Dubai Expo, the parties finalized the agreement to reduce traditional electricity consumption derived from non-renewable sources. Pawan Sharma, Director, Rays Power Infra, […] 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
California Might Cut Major Rooftop Solar Incentive After Years of Debate Updated On Tue, Dec 14th, 2021 by Saurenergy California on Monday proposed reducing the rate at which homeowners can sell excess electricity from their rooftop solar panels into the grid, weakening a policy that has underpinned dramatic growth in the renewable energy industry for years. The announcement by the California Public Utilities Commission triggered an outcry from the solar panel installation industry, whose […] Read more
MERC approves MSEDCL To Procure At Rs 3.05 For 111 MW Solar projects under MSKVY Updated On Mon, Dec 13th, 2021 by Saurenergy In an order issued last week, the Maharashtra Electricity Regulatory Commission (MERC) gave its approval to Maharashtra State Electricity Distribution Company Limited for starting the procurement process of 111 MW of grid connected Solar power projects under the ‘Mukhyamantri Saur Krishi Vahini Yojana’ (MSKVY). The order covers a total of 33 respondent firms who had […] Read more
MoP Approves 23 New ISTS Projects Worth ₹15,893 cr Updated On Fri, Dec 10th, 2021 by Saurenergy The Ministry of Power (MoP) and the Ministry of New and Renewable Energy (MNRE) has approved 23 new Inter State Transmission System (ISTS) projects with an estimated cost of Rs 15,893 crore. The new ISTS projects comprise 13 projects with an estimated cost of Rs 14,766 to be developed under Tariff Based Competitive Bidding (TBCB) […] Read more
CREDA Seeks Bids to Empanel Vendors for l kWp-500kWp Solar Projects Updated On Thu, Dec 9th, 2021 by Saurenergy Chhattisgarh State Renewable Energy Development Agency (CREDA) has issued a new tender, inviting online bids to empanel vendors for the development of l kWp to 500kWp rooftop solar projects for residential use in the state. The deadline for the submission of online bid (technical + e-price bid) is January 5, 2022, at 5 PM. Submissions […] Read more
Total Eren & Gransolar To Build 14.8 MWp Microgrid Project In Galapagos Islands Updated On Thu, Dec 9th, 2021 by Saurenergy French energy major Total Eren, and Gransolar, an Ecuadorian developer have announced the joint design, development, financing, construction, and operation of a microgrid project in the Galápagos Islands. The Galapagos, A World Heritage Site The E-Quator Energy project will combine a 14.8 MWp solar photovoltaic plant with a 40.9 MWh electricity storage capacity. Located in […] Read more
