CERC Allows ACME Petition To Qualify Entry Tax As Change In Law Updated On Fri, Jul 1st, 2022 by Saurenergy The Central Electricity Regulatory Commission allowed on June 29 the petition moved by ACME praying for declaring the Entry Tax as Change In Law defined in the statutes. The three judges panel of I. S. Jha, Arun Goyal and P. K. Singh, also ordered the stay of collection of entry tax pursuant from the petitioner […] Read more
2021 Best Year Ever With 21.1 GW Expansion For Offshore Wind, Says GWEC Updated On Fri, Jul 1st, 2022 by Saurenergy The latest Global Offshore Wind Report by the Global Wind Energy Council (GWEC) asserts that the offshore wind industry enjoyed its best-ever year in 2021, with 21.1 GW of new capacity connected to the grid. The launch of the report would also coincide with the United Nations Ocean Conference in Lisbon. The report stated that […] Read more
WPD, Australis Energy Collaborate For 1.4 GW Offshore Wind Farms In Australia Updated On Fri, Jul 1st, 2022 by Saurenergy The subsidiary of German conglomerate WPD based in Australia has entered into a joint venture with Australis Energy for the development of three offshore wind energy projects that lie off the Australian costs. The total capacity of the wind energy projects will come to 1400 MW. As per the official statement, both companies will have […] Read more
World Bank Provides $165 M To Support RE In India’s Residential Sector Updated On Thu, Jun 30th, 2022 by Saurenergy The World Bank Board of Executive Directors on June 28 approved of $165 million in additional financing to support India’s residential sector in adoption of rooftop solar systems and make solar energy more affordable, according to a press release issued by the World Bank. These solar photovoltaic (PV) installations will provide clean, renewable energy, and […] Read more
IRENA And OPEC Fund Join Hands to Unlock Investment For Clean Energy Transition Updated On Fri, Jun 24th, 2022 by Saurenergy The International Renewable Energy Agency (IRENA) and the OPEC Fund for International Development (OPEC Fund) have joined hands for the clean energy transition. The mission is to enable access to sustainable finance in emerging and developing economies. A Memorandum of Understanding signed on June 21 in Vienna by IRENA’s Director-General Francesco La Camera and the […] Read more
Keen To Enter Into RE, OTPP Offers Rs 2300 Cr For 49% Stake In Mahindra Susten Updated On Thu, Jun 23rd, 2022 by Saurenergy One of the largest pension funds in Canada, Ontario Teachers’ Pension Plan (OTPP), is looking to acquire a stake of close to 49%, worth Rs 2,300 crore in Mahindra Susten Pvt Ltd, thereby valuing the entity at Rs 4,600 crore, inclusive of debt. An exclusivity clause has been signed between OTPP and Mahindra Susten. With […] Read more
Power Systems Engineer Updated On Wed, Jun 22nd, 2022 by Saurenergy The candidate will be responsible for solar inverter power system model and product feature development as well as supporting utility solar and energy storage project sales and delivery in Australia. Activities:- Undertaking grid connection studies and supporting power system modelling team for utility scale solar and energy storage projects. Working closely with project developers, investors, […] Read more
SECI Tender Invites Bids For 30 MW FSPV On DVC Reservoirs In Jharkhand & WB Updated On Mon, Jun 20th, 2022 by Saurenergy The Solar Energy Corporation of India Limited (SECI) has floated a tender for setting up of grid connected 30 MW Floating Solar PV (FSPV) Plants on raw water reservoirs of Damodar Valley Corporation thermal power plants at Koderma, Mejia and Raghunathpur thermal power stations across Jharkhand and West Bengal. The tender is available online on […] Read more
Sineng Celebrates 5th India Anniversary, 6 GW Milestone at Delhi Updated On Fri, Jun 17th, 2022 by Saurenergy Inverter Major Sineng chad twin reasons to celebrate on June 16, when it hosted a glittering event to celebrate its 5th anniversary in India, and the milestone of 6 GW shipments in the country. As one of the key manufacturers in India with its 10 GW manufacturing plant in Bengaluru (expanded from an earlier 3 […] Read more