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
Azure Power Q2 Results. Not Enough To Enthuse Investors Updated On Mon, Dec 13th, 2021 by Saurenergy The NYSE listed Azure Power Global Limited announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the fiscal second quarter 2022, period ended September 30, 2021. Fiscal Second Quarter 2022 Period ended September 30, 2021 Operating Highlights: Megawatts (“MW”) Operating* were 2,210 MWs, as of September 30, 2021, an increase of 31% over September 30, 2020. […] Read more
Curbs On China Imports Fail To Slow Down Solar Imports For US In 2021 Updated On Mon, Dec 13th, 2021 by Saurenergy A research report from Rystad Energy lays bare the failure of US efforts to reduce dependence on Solar Imports, especially by curbing imports from China. According to the report, the US is on track to import a record 27.8 gigawatts (GW) of solar PV panels in 2021 from a range of countries, up from 26.7 […] 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
Procurement At Scale Helped Bring Down Prices By 22% For 3 Wheelers Updated On Fri, Dec 10th, 2021 by Saurenergy With its focus on delivering clean, affordable, and reliable energy, Convergence Energy Services Limited (CESL) is playing a key role in creating an enabling ecosystem for transitioning to renewable, energy efficient solutions, specially, electric mobility. CESL, a subsidiary of state-owned Energy Efficiency Services Limited (EESL), works under the Ministry of Power, Government of India. Saur […] Read more
TNERC Allows TANGEDCO To Get Away With 6% Interest On Delayed Payments Updated On Fri, Dec 10th, 2021 by Saurenergy The Tamil Nadu Electricity Regulatory Commission (TNERC) has recently ruled in favour of a wind energy producer Rajaguru Spinning Mills Private Limited, directing the Tamil Nadu Generation and Distribution Corporation (TANGEDCO) to make payments to the producer with 6% interest per annum within a month. Aggrieved at delayed settlement of invoices pertaining to a wind […] Read more
Offshore Wind at 11 Paise? Understanding The Award Of The 1 GW Thor Offshore Project By Lottery Updated On Fri, Dec 10th, 2021 by Saurenergy Early this month on December 1, the Danish energy agency announced that Germany’s RWE had won a tender to build what will be Denmark’s largest wind farm. The Thor Wind farm. What was interesting here was that this was possibly one of the biggest renewable awards made by a lottery, after multiple bidders (6) tied […] Read more
CERC Declines To Step in For Change In Law Petition From Mahindra Renewables Updated On Wed, Dec 8th, 2021 by Saurenergy In a recent judgement, the Central Electricity Regulatory Commission (CERC) rejected Mahindra Renewables Private Limited’s arguments in its petition regarding Change of Law (CIL) rules with respect to a power purchase agreement (PPA) signed with Solar Energy Corporation of India Limited (SECI) in December 2018. Mahindra Renewables petitioned CERC, seeking that the imposition of safeguard duty on […] Read more
Sungrow Launches Ultra Powerful Inverter- SG350HX Updated On Tue, Dec 7th, 2021 by Saurenergy Sungrow has launched its new star inverter, Sungrow’s star inverter, the SG350HX. The ultra strong string inverter achieves a max. power of 352kW, perfectly matching 182mm/210mm PV modules and leading to a higher DC/AC ratio. The inverter is considered the best solution from the firm to power the latest round of projects awarded under Malaysia […] Read more
