Discoms’ Revenues to Fall 13.1% With Decline in Power Demand: Report Updated On Fri, Jul 24th, 2020 by Saurenergy According to a new report, power demand is expected to decline by around 8% in current fiscal and is likely to result in a 13.1 percent YoY decline in revenues of Discoms. Power demand is expected to decline by around 8 percent in current fiscal due to the steep fall in demand from commercial and […] Read more
Azure Power Secures Letter of Award for 2 GW Greenshoe Option From SECI Updated On Fri, Jul 24th, 2020 by Saurenergy Azure Power has received the LOA for a 2 GW ISTS solar project with SECI pursuant to the exercise of a greenshoe option as part of an earlier 2 GW win. Azure Power, a leading solar power producer in India, has announced that it has received the letter of award (LOA) for a 2 GW […] Read more
Soon 20% of all C&I Solar Systems in India Will be Grid-Tied: Report Updated On Fri, Jul 24th, 2020 by Saurenergy Increasing electricity demand and rising grid tariffs for commercial and industrial (C&I) customers are driving business users to rooftop solar, which is not only cleaner and cheaper but also gives them tariff certainty for 25 years. In ‘Powering up Sunshine – Untapped Opportunities in India’s Rooftop Solar Market’, a new report from JMK Research & Analytics […] Read more
Hexagon Peak and Inpos to Build Largest Rooftop Solar System in Vietnam Updated On Thu, Jul 23rd, 2020 by Saurenergy Hexagon Peak has entered into a PPA with NWIT for the largest rooftop solar system in Vietnam with a nominal power output of 6 MWp to be built by Inpos. Hexagon Peak, the project development arm of Hexagon Holdings Singapore, has announced that the company has entered into a long term Power Purchase Agreement (PPA) […] Read more
Guidelines Issued for Implementation of Off-Grid Solar Plants in RESCO Mode Updated On Thu, Jul 23rd, 2020 by Saurenergy MNRE has issued the final guidelines for the implementation of off-grid solar power packs/ plants in RESCO mode and model PPA. In reference to its previous order issued in April 2020 for issuing extension of off-grid and decentralized solar PV applications programme –Phase III till March 31, 2021, the Ministry of New and Renewable Energy […] Read more
Avangrid Boosts Apple Partnership With new Wind Power Project Updated On Thu, Jul 23rd, 2020 by Saurenergy Avangrid Renewables and Apple Inc are celebrating a growing renewable energy partnership, recognising the newly-completed Montague Wind Farm in Oregon Avangrid Renewables, LLC, a subsidiary of AVANGRID, and Apple Inc are celebrating a growing renewable energy partnership, recognising the newly-completed Montague Wind Farm, in Gilliam – Oregon and continued output of the Gala Solar project, […] Read more
LG Chem Unveils Full Home Backup Solution With SolarEdge Updated On Wed, Jul 22nd, 2020 by Saurenergy LG Chem has announced that it has joined forces with SolarEdge to bring compatibility with the LG RESU10H (400V, 9.8 kWh) home battery. LG Chem, a leading manufacturer of advanced lithium-ion batteries, has announced that it has once again joined forces with SolarEdge Technologies, a global leader in smart energy, to bring compatibility with the […] Read more
Bid Extension for Tender for 10 MW Solar Projects in Jaipur Updated On Wed, Jul 22nd, 2020 by Saurenergy SECI has notified that the bid submission deadline for its tender for setting up of 10 MW grid-connected solar PV power project in Jaipur has been extended. The Solar Energy Corporation of India (SECI) has notified that the bid submission deadline for its tender, for the selection of Solar Power Developers (SPDs) for setting up […] Read more
SECI to Conduct Virtual Pre-Bid Meeting for 1070 MW Solar Tender Updated On Wed, Jul 22nd, 2020 by Saurenergy SECI will be conducting the pre-bid meeting for its tender for setting up of 1070 MW solar PV projects in Rajasthan through video conferencing. The Solar Energy Corporation of India (SECI) has announced that it will be conducting the pre-bid meeting for its tender (RfS) for setting up of 1070 MW Grid-connected Solar PV Projects […] Read more