Avaada Gets Decision From MERC for 250 MW Solar Project with MSEDCL Updated On Wed, Mar 3rd, 2021 by Saurenergy MERC had directed both parties i.e. Avaada and MSEDCL to complete the formalities under the RfS and execute the PPA by March 2, 2021. Avaada Energy (AEPL) had filed a case in January 2021 against Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) with the Maharashtra Electricity Regulatory Commission (MERC) seeking issuance of appropriate order(s)/ directions(s) […] Read more
JinkoSolar 1st Solar Firm to Sign Global Framework Principles for Decarbonizing Heavy Industry Updated On Mon, Mar 1st, 2021 by Saurenergy JinkoSolar has announced that it is the first international solar company to have signed on to the Global Framework Principles for Decarbonizing Heavy Industry (“Framework Principles”), as part of its efforts to continue supporting the decarbonization of the heavy industry sector in favor of a transition towards clean energy. Mr. Dany Qian, JinkoSolar Vice President, commented, “I […] Read more
6 GW Offshore Wind Capacity Added Globally in 2020, 50% Plus in China: GWEC Updated On Mon, Mar 1st, 2021 by Saurenergy The global offshore wind industry had its 2nd best year ever in 2020 installing over 6 GW of new capacity, driven by a record year in China. According to the latest data released by GWEC Market Intelligence, the global offshore wind industry had its second-best year ever in 2020 installing over 6 GW of new […] Read more
Floating Offshore the Next Frontier in Wind Development in APAC: WoodMac Updated On Fri, Feb 26th, 2021 by Saurenergy Floating offshore could be the next frontier in wind power development in the Asia Pacific (APAC), according to Wood Mackenzie. The analysis finds that a significant market for floating offshore technology is emerging in Asia. With developers in Japan, South Korea and Taiwan having announced plans to develop key demonstration projects, although the scale of […] Read more
Meghalaya to Adopt 15% EVs by 2025, Under EV Policy 2021 Updated On Fri, Feb 26th, 2021 by Saurenergy The Transport Department of Meghalaya has released the ‘Meghalaya Electric Vehicle Policy 2021’ to facilitate the adoption of at least 15 percent EVs in the State by 2025. The government has decided to Go Green as it is aiming to add around 20,000 EVs in the State during the policy period. This will save about […] Read more
REC Limited Raises USD 500 Million Through Bonds Updated On Fri, Feb 26th, 2021 by Saurenergy REC Limited has successfully raised USD 500 million 5.5-year Reg-S only bonds issued under its Global Medium Term Programme of USD 7 billion. Proceeds of the bond will be used to finance power projects following the approvals granted by the RBI from time to time and under the ECB Guidelines. This is REC Limited’s eighth […] Read more
Tumakuru Smart City Floats Tender For 20 MW Floating Solar Project Updated On Thu, Feb 25th, 2021 by Saurenergy The Ministry of Housing and Urban Affairs (MoHUA) of GoI has initiated the Smart City Mission (SCM) and selected Karnataka’s Tumakuru city to be developed as a Smart City. As part of the Smart City Initiative, Tumakuru Smart City Limited (TSCL) has floated a tender for the development of a 20 MWp Grid Connected Floating […] Read more
New Net-Metering cap Risks Stalling Rooftop Solar Progress in India: IEEFA Updated On Mon, Feb 22nd, 2021 by Saurenergy A new regulation that excludes rooftop solar systems over 10 kW from net metering could stall progress for rooftop solar targets of India A new regulation that excludes rooftop solar systems over 10 kilowatts (kW) from net metering will stall the adoption of larger installations in India, undermining progress towards the government’s rooftop solar target […] Read more
Scatec Reaches Financial Close on 150 MW Solar Project in Pakistan Updated On Mon, Feb 22nd, 2021 by Saurenergy Scatec and its local partner Nizam Energy have announced the successful financial close for the 150 MW Sukkur solar power project in Pakistan Scatec and its local partner Nizam Energy have announced the successful financial close for the 150 MW Sukkur solar power project with a total investment of about USD 100 million. Scatec’s first […] Read more
