CERC Allows Wind Generator To Procure REC Despite Delayed Plea Updated On Mon, Oct 23rd, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgement, gave relief to a Tamil Nadu-based wind power generator to procure Renewable Energy Certificate (REC) from National Load Despatch Centre (NLDC). This order came after Leo Fasteners, a wind power generator, moved the Commission seeking relief. Leo Fasteners had claimed that despite being a renewable energy generator, […] Read more
SECI’s Aggregate Capacity of PSA Agreements Exceeds 50 GW Updated On Sun, Oct 22nd, 2023 by Saurenergy Solar Energy Corporation of India (SECI), a Miniratna Central Public Sector Enterprise under the Ministry of New & Renewable Energy has surpassed the milestone of 50 GW aggregate capacity of agreements signed under Power Sale Agreements (PSAs). The latest quantum of PSAs signed stands at 50,292.64 MW now, where SECI is the trader as an […] Read more
Sterling & Wilson Reports Increase In Income, Reduced Losses Updated On Sun, Oct 22nd, 2023 by Saurenergy Renewable Energy EPC firm Sterling and Wilson, in its latest filing, said that it witnessed a rise in its total income in the quarter ending September. The increase in income was reported on a Year-On-Year (YoY) basis and also on Quarter-On-Quarter (QoQ) basis. As per the furnished details of the unaudited consolidated financial results, the firm reported […] Read more
US Invested $3.46 billion In Electric Grid Resilience Projects: US Department of Energy Updated On Fri, Oct 20th, 2023 by Saurenergy US President Joe Biden recently released the America Agenda Funds for investment in 58 projects across 44 states in the US, for grid resilience, a report from the Department of Energy said. In the agenda, it has announced $3.46 billion grant for these projects to strengthen electric grid resilience and reliability across America. This would […] Read more
RK Singh Promises More Stringent ALMM Norms For PV Module Makers Updated On Fri, Oct 20th, 2023 by Saurenergy Union Minister for New and Renewable Energy RK Singh today claimed that the Ministry would soon make the provisions of the Approved List of Module Manufacturers (ALMM) more stringent to boost the Make in India initiative. He also said that the likely move could boost the efficiency of the solar modules, too. He was speaking […] Read more
TNERC Clarifies Deviation Charges for RE Generators in Draft Regulations Updated On Fri, Oct 20th, 2023 by Saurenergy The Tamil Nadu Electricity Regulatory Commission (TNERC) has released the draft Forecasting, Scheduling and Deviation Settlement and related matters for wind and solar generation) Regulations, 2023. The draft Regulations will be taken into consideration after the expiry of thirty days from the date of publication of the notification on the TNERC website. The Regulations have […] Read more
Tata Steel Limited Eyes 26% Stake in Tata Power Arm Updated On Fri, Oct 20th, 2023 by Saurenergy Steelmaking firm Tata Steel Limited (TSL) has joined hands with Tata Power Renewable Energy Limited (TPREL) and TP Vardhaman Surya Ltd. (TPVSL). Under this agreement, TSL seeks to acquire 26% in TPVSL, currently a wholly owned subsidiary of TPREL. As per the agreement, TSL will also execute a fixed-tariff long-term agreement with TPVSL to source […] Read more
Iowa State University Awarded $1.8 Mn Grant for Agrivoltaics Project Updated On Fri, Oct 20th, 2023 by Saurenergy Iowa State University (ISU) is set to undertake a study on the benefits that bringing crops and solar power together can bring. The ISU houses an innovative agrivoltaics project- the Alliant Solar Farm that was unveiled recently. The 1.75 NW agrivoltaic solar project will delve into optimisation of land while making a note of the […] Read more
Cosmos Innovation Bags $19.7mn For Perovskite Silicon Tandem Fab Platform Updated On Fri, Oct 20th, 2023 by Saurenergy Singapore based Cosmos Innovation, an AI-first company building next-generation perovskite silicon tandem (PST) solar cell technology, today announced raising $19.7 million in total funding. Founded by Vijay Chandrasekhar and Joel Li, the firm raised its Series A round with participation from Xora Innovation, an early-stage, deep-tech investment platform of Temasek, headquartered in Singapore. Other investors joining […] Read more
