First Solar, Fiserv Sign Tax Credit Transfer Pacts Under Inflation Reduction Act Updated On Thu, Dec 28th, 2023 by Saurenergy First Solar, a solar technology company entered into two separate tax credit transfer agreements (TCTAs) between Fiserv, Inc. and First Solar. These agreements were made to sell $500 million and up to $200 million, respectively, of 2023 Inflation Reduction Act (IRA) Advanced Manufacturing Production tax credits to Fiserv, Inc. The agreement is subject to satisfaction […] Read more
Solar Inverter Manufacturer Growatt Reflects on Success Stories in 2023 Updated On Thu, Dec 28th, 2023 by Saurenergy Solar inverter manufacturer Growatt has cemented its global reputation as a residential inverter supplier. The firm is also making progress in C&I and large-scale PV plants, strengthening its position among the world’s top four PV inverter suppliers. Here is a recapitulation of the year 2023 that saw Growatt won several laurels… Awards Growatt received multiple […] Read more
Open Access: MERC Disallows Discoms To Levy Cross Subsidy Surcharge Updated On Thu, Dec 28th, 2023 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) in its latest judgment disallowed the local discoms of Thane in Maharashtra to levy Cross-Subsidy Surcharges (CSS) for open access consumers. The verdict from the state regulatory body came to the fore after Mindspace Business Parks Pvt Ltd (MBPPL) and Gigaplex Estate Pvt Ltd (GEPL) moved the MERC. Both […] Read more
Engineer – Renewables Project Development and Analytics Updated On Thu, Dec 28th, 2023 by Saurenergy In this role, you will be directly reporting to Head of Section- Project Development & Analytics. Project Development team is actively involved in pre-construction phase of a wind farm, performing wind resource and energy assessments, and site condition assessments at various phase of the project lifecycle. Broad Expectations:- Fully aligned with the characteristics of the […] Read more
Solalite Power & ACME Take Home Highest Capacity in NTPC 1500 MW Wind-Solar Tender Updated On Thu, Dec 28th, 2023 by Saurenergy NTPC Ltd. has recently finalized a highly competitive bidding process for wind-solar hybrid power procurement in Tranche-1 (ISTS), open for development anywhere in the country. The tender, boasting a capacity of 1,500 MW, culminated in a reverse auction held on December 27, 2023. The initial L1 tariff was set low at INR 3.35 per kilowatt-hour […] Read more
Sterlite Power Acquires Neemrana II Kotputli Transmission Limited from PFC Updated On Thu, Dec 28th, 2023 by Saurenergy Sterlite Power, a power transmission developer and solutions provider in India and Brazil, has announced the acquisition of Neemrana II Kotputli Transmission Limited, a Special Purpose Vehicle (SPV) from PFC Consulting Limited (PFCCL). PFCCL is a wholly owned subsidiary of Power Finance Corporation Limited (PFC), a Maharatna Public Sector Enterprise. The project was awarded to […] Read more
SECI Looks for Agency to Forecast 10 MW Solar Plant at DRDO Updated On Thu, Dec 28th, 2023 by Saurenergy Solar Energy Corporation of India (SECI) has released a tender for the selection of agency for the generation forecasting and load forecasting work at DRDO for 10 MW solar PV power plant. It will also include coordination with Bangalore Electricity Supply Company (BESCOM), Karnataka Power Transmission Corporation Limited (KPTCL). The last date for submission of […] Read more
Meeting EU Environment Policy Targets By 2030 Will Be Challenging: EAP Updated On Thu, Dec 28th, 2023 by Saurenergy The European Union (EU) in its 8th Environment Action Programme (EAP) builds on the ‘European Green Deal’ and sets the framework for EU environmental policy until 2030. The European Environment Agency’s (EEA) its first monitoring report on the programme shows that the EU may not meet most of the monitoring targets. These targets were outlined in […] Read more
Suzlon Secures 300 MW Order For Its 3 MW Turbines From Apraava Energy Updated On Thu, Dec 28th, 2023 by Saurenergy Indian Wind Energy company Suzlon Group today announced a new order win for the development of a 300 MW wind power project for Apraava Energy Private Limited. Suzlon will install 100 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3 MW each at the client’s site in […] Read more
