MUFG Gets Green Certification for Softbank’s 900 MW PV Project in India Updated On Thu, Dec 24th, 2020 by Saurenergy MUFG Bank has acted as the sole green structuring advisor for a USD 333 million financing deal for SoftBank’s 900 MW solar project in India. MUFG Bank has announced that it has acted as the sole green structuring advisor for a USD 333 million financing deal for SoftBank’s latest and largest solar project in India. […] Read more
A Majority Renewables Grid by 2030 Will Support 980,000 Direct Jobs in US: Report Updated On Tue, Dec 22nd, 2020 by Saurenergy A new study has found that reaching a majority renewables grid over the next decade will support 980,000 direct jobs in the US According to a new ‘first-of-its-kind’ study, released by Wood Mackenzie and the American Clean Power Association (ACP), reaching a majority renewables grid will deploy over USD 1 trillion in capital investment into the American economy […] Read more
Uneven Grouping of Renewables Leading to Curtailments in India: TCCL Updated On Thu, Dec 17th, 2020 by Saurenergy Electricity demand in India grew at a CAGR of 5.1% over the last decade from FY 2011 to FY 2019. However, this fell to a mere 1.2% in FY 2020. India was already facing an economic slowdown, with industrial output declining to an 8-year low during the year, but compounded by the impact of the […] Read more
Hartek Solar Secures Order for 1.8 MW Rooftop Solar Project From Bikaji Updated On Thu, Dec 17th, 2020 by Saurenergy Chandigarh-based developer Hartek Solar has announced that it has bagged a 1.8 MW rooftop project from FMCG firm Bikaji. The firm will execute the project right from the installation of solar panels and inverters to supply, design, engineering and commissioning. “Consolidating on its Pan-India presence, Hartek Solar, the rooftop solar division of Hartek Group has bagged a […] Read more
SECI Disburses Rs 770 Cr in October, Rs 370 Cr for Solar & Wind Power Updated On Wed, Dec 16th, 2020 by Saurenergy SECI has published all the payments (solar/ wind power procured, transmission fees, subsidy, and GST rebates) it has made in October 2020. The Solar Energy Energy Corporation of India (SECI), the nodal agency for implementing renewable energy projects in the country recently published a list of all the payments (solar/ wind power procured, transmission fees, […] Read more
Accenture Makes Strategic Investment in Reactive Technologies Updated On Wed, Dec 16th, 2020 by Saurenergy Accenture has made a strategic investment in Reactive Technologies, a London-based provider of power and grid technology solutions. Accenture has made a strategic investment, through Accenture Ventures, and formed a strategic alliance with Reactive Technologies, a London-based provider of power and grid technology, to help utilities accelerate the transition to low-carbon energy. According to a new report from […] Read more
Arctech Solar Trackers Lead Among Those Used At 3.2GW Solar Park in China Updated On Mon, Dec 14th, 2020 by Saurenergy Arctech Solar has delivered its advanced 1P tracker SkyLine to a 3.2GW solar park, declared on 11th December 2020. The park, now the world’s largest solar plant located in Qinghai, China was connected to the grid last month. Arctech has been a focused player in the solar tracker space, which has expanded its offerings to […] Read more
ARENA to Fund USD 12.9 million to AEMO for its Distributed Energy Project Updated On Thu, Dec 10th, 2020 by Saurenergy The Australian Renewable Energy Agency (ARENA) has today announced USD 12.9 million in funding to the Australian Energy Market Operator (AEMO) for the development of a major Victorian Distributed Energy Resources (DER) Marketplace trial named Project EDGE (Energy Demand and Generation Exchange). Project EDGE is a multi-year project to demonstrate an off-market, proof-of-concept Distributed Energy […] Read more
MNRE Issues Guidelines For PM-KUSUM Scheme At Feeder Level Updated On Mon, Dec 7th, 2020 by Saurenergy The Ministry of New and Renewable (MNRE), after consultation with state governments, has decided to issue Guidelines for Implementation of Feeder Level Solarisation under Component-C of PM-KUSUM Scheme. The Scheme consists of three components. Component-A includes installation of Decentralized Ground Mounted Grid Connected Renewable Power Plants, Component-B includes installation of standalone Solar Powered Agriculture Pumps […] Read more
