Northland Power Secures Financial Close for 250 MW Oneida Energy Storage Project Updated On Fri, May 19th, 2023 by Saurenergy It looks like the energy storage infrastructure is burgeoning in Canada with many announcements being made this week. In the fresh case, Toronto-headquartered Northland Power has announced that its 250 MW Oneida Energy Storage Project in Southern Ontario has reached financial close. It has secured all the necessary financing. The total cost for the project […] Read more
Govt to Offer Subsidies to Build Ships that Employ Offshore Wind Projects Updated On Fri, May 19th, 2023 by Saurenergy The Indian government will now extend subsidies to build ships establishing offshore wind projects. It is a part of the shipbuilding subsidy scheme, which the government revised to include the manufacture of these vessels. The move comes even as the government finally announced a (draft) offshore wind policy and hopes to install the first projects […] Read more
Sungrow Bags 150 MW Energy Storage Project in UK Updated On Fri, May 19th, 2023 by Saurenergy Chinese inverter and energy storage system solution maker and supplier Sungrow has announced that it has signed a contract to supply its liquid cooled energy storage system (ESS) called PowerTitan to a 150MW/300MWh project in Ferrybridge, West Yorkshire, the United Kingdom. Sungrow said that the project is expected to increase total grid stability and bolster […] Read more
MCD Plans Rooftop Solar at Public Spaces in Delhi Including EV Charging Stations Updated On Fri, May 19th, 2023 by Saurenergy The Municipal Corporation of Delhi (MCD) has inked a Memorandum of Understanding (MoU) with the Solar Energy Corporation of India (SECI) and NTPC (National Thermal Power Corporation to set up solar power panels on all buildings of MCD that are suitable for the purpose. The local body has already added more than 11 MW of […] Read more
CERC Orders Compensation To Hero Solar SPV Over Surge In GST Rates Updated On Thu, May 18th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest judgment, ordered giving financial compensation to Clean Solar Power (Jodhpur) Private Limited on account of the escalation of Goods and Services Tax (GST) rates from five percent to 12 percent in 2021. Clean Solar Power is a Special Purpose Vehicle (SPV) of Hero Solar Energy. The solar […] Read more
Canadian Solar To Deliver 363 MWh Energy Storage To Aypa Power Updated On Wed, May 17th, 2023 by Saurenergy Global renewable energy major Canadian Solar has announced that CSI Energy Storage, which is part of its majority-owned subsidiary CSI Solar Co. Ltd., will deliver 363 MWh of battery energy products to an Aypa Power project in Texas. Canadian Solar said in its official statement that the project is expected to reach commercial operation by […] Read more
Uttar Pradesh Plans Solar City Adjacent to Saryu River Updated On Wed, May 17th, 2023 by Saurenergy The state government of Uttar Pradesh led by Yogi Adityanath is mulling to establish a solar city in Ayodhya district. The state government has allocated Rs 317 crore in the current budget to implement Solar Energy Policy 2022, the new solar city will come up adjacent to the banks of Saryu river. The solar city […] Read more
MRF To Buy 19% Stake In First Energy For Solar Power Purchase Updated On Wed, May 17th, 2023 by Saurenergy Global vehicular tyre manufacturer MRF has said it will be picking up a stake of upto 19.10 per cent in First Energy 4 Pvt Ltd. The contract value disclosed by MRF in the announcement has been estimated to be Rs 13.09 crore. The renewable energy firm develops, constructs, operates, and maintains renewable energy-based power plants […] Read more
Osaka Scoops 350-MW Solar Portfolio From EE North America Updated On Wed, May 17th, 2023 by Saurenergy European Energy subsidiary EE North America has announced that it has signed an agreement to sell a 350-MW utility-scale solar project in Texas to Osaka Gas USA Corporation (OGUSA). The solar power project is expected to be operational in 2025. OGUSA is a wholly owned subsidiary of Osaka Gas Co., Ltd., one of the largest […] Read more
