MNRE Clarifies on Payment Security Mechanism Directive for Gencos Updated On Thu, Aug 1st, 2019 by Saurenergy The energy generated during the non-dispatch period shall be calculated on the basis of Capacity Utilization Factor as declared by the generators in Power Purchase Agreements. The Ministry of New & Renewable Energy (MNRE) has issued a clarification on the power ministry’s latest directive, which is applicable from today, for power distribution companies (dZiscoms) to […] Read more
IFC, EIB and Proparco to Finance Constriction of 2 Solar Plants in Senegal Updated On Thu, Aug 1st, 2019 by Saurenergy Proparco, IFC and the EIB have granted loans totaling EUR 38 million for the construction and operation of two solar power plants in Senegal. Proparco, the International Finance Corporation (IFC) and the European Investment Bank (EIB) have granted loans totaling EUR 38 million for the construction and operation of two solar power plants in Senegal. […] Read more
EnBW Launches Green Bonds Worth €1 bn to Fund Clean Energy Projects Updated On Thu, Aug 1st, 2019 by Saurenergy EnBW has launched its first two green hybrid bonds on the capital markets with a total issue size of €1 billion Energie Baden-Württemberg AG (EnBW), a publicly-traded electric utility company headquartered in Karlsruhe, Germany, has launched its first two green hybrid bonds on the capital markets with a total issue size of €1 billion. Making […] Read more
EBRD Grants €149 Million Loan to Upgrade Ukraine’s Transmission Updated On Thu, Aug 1st, 2019 by Saurenergy European Bank for Reconstruction and Development (EBRD) has announced that it will provide a €149 Million Loan for the upgrade of Ukraine’s transmission network The European Bank for Reconstruction and Development (EBRD) has announced that it will provide a €149 Million Loan to support the upgrade of Ukraine’s transmission network. The investment will help Ukrenergo upgrade […] Read more
Land Acquisition, Infrastructure Still Major Roadblocks for Wind Projects: Report Updated On Thu, Aug 1st, 2019 by Saurenergy Even as amendments have been made to bidding guidelines for wind projects in India, land acquisition and evacuation infrastructure remain major roadblocks Even as the amendments have been made to bidding guidelines for wind projects in India, land acquisition and evacuation infrastructure will continue to remain major impediments for timely completion of such projects, according to a report. […] Read more
DERC Announces Reduced Tariff for Consumers, EV Charging Stations Updated On Thu, Aug 1st, 2019 by Saurenergy Delhi’s power regulator DERC has announced the new electricity tariff for 2019-20, significantly bringing down fixed charges while raising energy charges. Delhi’s power regulator, Delhi Electricity Regularity Commission (DERC) has announced the new electricity tariff for 2019-20, significantly bringing down fixed charges while raising energy charges. Delhi Electricity Regularity Commission (DERC) chairman Justice (retired) S S […] Read more
Energy Storage to Grow 122-Fold Over Next 2 Decades: Report Updated On Thu, Aug 1st, 2019 by Saurenergy Energy storage installations around the world will grow exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040 Energy storage installations around the world will grow exponentially, from a modest 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040, according to the latest forecast from research company BloombergNEF (BNEF). The 122-fold boom […] Read more
Telangana Planning 1 GW Solar Power, one Time Settlement of Power Dues Updated On Thu, Aug 1st, 2019 by Saurenergy The Telangana government has said that it would go for one-time settlement of dues of panchayats and municipalities to state-run electricity organisations The Telangana government has said that it would go for one-time settlement of dues of panchayats and municipalities to state-run electricity organisations and warned that henceforth heads of local bodies will be ‘punished’ for non-payment […] Read more
Azure Power Gets LoA for 300 MW Project in SECI Auction Updated On Wed, Jul 31st, 2019 by Saurenergy The company is also expected to sign a 25-year agreement with SECI to supply power at a tariff of Rs 2.54 (U.S. 3.7 cents) per kWh. Azure Power, one of the country’s largest solar power developers and operators, has won 300 MW of an Inter State Transmission System (ISTS) solar power project in a Solar […] Read more
