Geronimo and Cargill Announce VPPA for 200 MW Solar Project Updated On Thu, Apr 23rd, 2020 by Saurenergy Geronimo Energy and Cargill have announced the execution of a Virtual Power Purchase Agreement (VPPA) for the 200 MW Prairie Wolf Solar Project in Illinois. Geronimo Energy, a National Grid company, and Cargill have announced the execution of a Virtual Power Purchase Agreement (VPPA) for the Prairie Wolf Solar Project in Coles County, Illinois. The contract marks the second renewable energy VPPA executed […] Read more
Total Bags Over 135 MW of Solar Projects in France’s Latest Tender Updated On Wed, Apr 22nd, 2020 by Saurenergy French energy major Total has won more than 135 MW of solar projects during the latest round of tenders conducted by the French Energy Regulatory Commission (CRE). The company has won the tenders through Total Quadran, a wholly-owned affiliate dedicated to developing and producing renewable energy in France. Out of an aggregate capacity won, Total […] Read more
REC Sanctions Rs 7 Cr to Ramp Up Relief Work Amid Lockdown; More to Come Updated On Wed, Apr 22nd, 2020 by Saurenergy The central public sector undertaking (CPSU) REC Ltd, via its CSR arm REC Foundation, has sanctioned Rs 7 crore in a step to speed up the relief work amidst lockdown due to the spread of the coronavirus pandemic. Concerned over the plight of daily wagers, the navratna non-banking finance company (NBFC) said that more such […] Read more
150 GW of RE Projects at Risk Due to Coronavirus Updated On Wed, Apr 22nd, 2020 by Saurenergy In the fast developing situation arising out of the Coronavirus pandemic and its impact on renewables worldwide, we have seen many estimates, and updations to those estimates. The latest one is Wood Mackenzie’s (Woodmac) research that shows up to 150 gigawatts (GW) of wind and solar projects across the Asia Pacific at risk. These projects […] Read more
Now, Safeguard Duty Clarification From MNRE Awaits Updated On Wed, Apr 22nd, 2020 by Saurenergy An active Ministry of New and Renewable Energy (MNRE) has been in overdrive in 2020, delivering a wishlist of moves for the sector so far. Not just that, some of the amendments planned for the Electricity act of 2003 soon, will add even more legal teeth to its orders, issued mainly to protect the sector […] Read more
MNRE Invites EoI for Evaluating Components of PM KUSUM Scheme Updated On Tue, Apr 21st, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has invited Expression of Interest (EOI) from reputed consultants and experts to undertake an evaluation of Component-A and Component-C of the Pradhan Mantri Kisan Urja Suraksha evem Utthan Mahabhiyan (PM KUSUM) Scheme. This scheme was launched during the month of March last year and has three components: […] Read more
MNRE Grants Blanket Extension for RE Projects amid Lockdown Updated On Tue, Apr 21st, 2020 by Saurenergy With an aim to provide relief to renewable energy (RE) stakeholders amid lockdown due to Covid-19, the Ministry of New and Renewable Energy (MNRE) has granted an extension of time for RE projects equivalent to the period of lockdown plus 30 days additional blanket extension. Saurenergy had shared this information following our coverage of MNRE […] Read more
Crashing Oil, Booming Solar. Possible? Updated On Tue, Apr 21st, 2020 by Saurenergy While the slump in oil prices will have its own yet to be seen second, and third order effects, be it political stability in the middle east, or moves by the US and Russia to outflank each other, for India, this is the opportunity that needs to be taken with both hands. The country has […] Read more
China’s March Jump in PV Exports Unlikely To Sustain Updated On Tue, Apr 21st, 2020 by Saurenergy China-based manufacturers got some relief in March, as PV equipment exports spiked 160 percent to 7.49 GW over the 2.83GW figure for February 2020. March was when most Chinese manufacturers restarted operations after the lockdown and disruptions caused there, by the Covid-19 outbreak. A resumption to full production is still in doubt, with restrictions rolling […] Read more
