U.S. Energy Storage Market size to exceed $4 Bn by 2024 Updated On Mon, Jan 21st, 2019 by Saurenergy The U.S. energy storage market is anticipated to continue its exponential growth graph as storage continues to get cheaper, out-competing other resources. U.S. Energy Storage Market is set to grow from its current market value of more than USD 400 Million to over USD 4 Billion by 2024; according to a new research report by Global […] Read more
DERC Approves 100 MW Wind Power Agreements Updated On Mon, Jan 21st, 2019 by Saurenergy The tariff of the PSA will be Rs 3.53/kWh, which will comprise of the Rs 3.46/kWh tariff quoted by developer and PTC’s trading margin of Rs 0.07/kWh. The Delhi Electricity Regulatory Commission (DERC) has issued a notification with the approval of two power sale agreements between BSES Rajdhani Power Ltd (BRPL) and PTC India Ltd […] Read more
Foundation Stone for Sitamarhi Sub-Station Laid Updated On Fri, Jan 18th, 2019 by Saurenergy The Sub-station will supply power to Sitamarhi, Darbhanga, Madhubani, East Champaran, West Champaran and Sheohar districts of Bihar. The foundation stone for 400/220/132 kV Sitamarhi Sub-station at Parmanandpur village, Distt. Sitamarhi was laid. The programme was presided over by R. K. Singh, Minister of Power, New and Renewable Energy and Nitish Kumar, Chief Minister of […] Read more
Clean Energy Investments in 2018 Exceed $300 Bn with Decline in Solar Commitments: BNEF Updated On Fri, Jan 18th, 2019 by Saurenergy Even with PV additions crossing the 100 GW mark for the first time, Solar commitments declined 24 percent ($ value) in 2018. According to figures issued by research company BloombergNEF (BNEF), Global clean energy investment totaled $332.1 billion in 2018, marking the fifth consecutive year that investments crossed the $300 billion mark. However, investments in […] Read more
Goa’s New Solar Policy to be Notified in 15 Days Updated On Thu, Jan 17th, 2019 by Saurenergy The commission at the public hearing stated that the department should, in fact, encourage consumers to switch over to non-renewable energy resources. The Joint Electricity Regulatory Commission (JERC) has instructed the electricity department of Goa to help out consumers who are interested in setting up solar systems. The judgment was passed after consumers and solar […] Read more
SECI and BSES Yamuna Sign PSA for 100 MW Wind Energy Updated On Wed, Jan 16th, 2019 by Saurenergy SECI announce an agreement with BSES Yamuna for sourcing 100 MW of wind power. Delhi’s power distribution company, BSES Yamuna (BYPL) has signed an agreement with Solar Energy Corporation of India (SECI) to source 100 MW of Wind Power. The country’s nodal agency for renewables announced in a tweet. A PSA of 100 MW Wind Power […] Read more
Indian Railways Issues Tender for 2 MW Solar Projects Near Delhi Updated On Wed, Jan 16th, 2019 by Saurenergy The last date for submission of bids is January 28, 2019. Railway Energy Management Company Limited (REMCL), a joint venture of India Railways and RITES Ltd., incorporated to manage Energy Management portfolio of Indian Railways, on behalf of Northern Railway (NR) has invited proposals from contractors/firms for setting up of 2 MW Solar PV Power […] Read more
Adani Energy Acquires 100% Stake in Kodangal Solar Parks Updated On Tue, Jan 15th, 2019 by Saurenergy The amount paid by Adani Green for the acquisition of the 107,100 equity shares is Rs 158.04 per share, which totals to approximately Rs 1.69 crore. Adani Green Energy (AGE) in a filing to the Securities and Exchange Board of India (SEBI), recently announced that it has acquired the remainder of the 51 percent equity share capital […] Read more
Assam Issues Tender for 70 MW Solar Project in Amguri Solar Park Updated On Mon, Jan 14th, 2019 by Saurenergy APGCL has fixed the upper ceiling for quoted tariff at Rs 3.50/kWh The Assam Power Generation Corporation Limited (APGCL) has issued a tender inviting Request for Proposal (RFP) from interested power producing companies/solar developers for the allotment of 70 MW of Grid-Connected ground-mounted solar photovoltaic projects to be implemented in Amguri Solar Park in the state […] Read more
