Tata Power-DDL Touches Peak Winter Demand of 1646 MW in Delhi Updated On Fri, Jan 6th, 2023 by Saurenergy Tata Power Delhi Distribution (Tata Power-DDL) has announced that it has successfully met the record peak power demand of 1646 MW without any network constraint and power outage. This is when the temperatures are touching their lowest levels in North-West India. With the plunge in temperature, the capital is presently colder than several hill stations. […] Read more
RE Firm Green Genius Expands Solar Portfolio in Poland Updated On Fri, Jan 6th, 2023 by Saurenergy Renewable energy firm Green Genius and Poland-based banking group mBank have entered into a financial transaction worth PLN220m (€46m) that will pave the way for the establishment of a 69 MW solar portfolio. Currently, Green Genius has large presence in the Polish market and this is the largest deal by the firm here. The first […] Read more
Can Giant Floating Solar On Oceans Work? Updated On Fri, Jan 6th, 2023 by Saurenergy A lot has been said and done about floating solar plants – an emerging technology in which a customised solar photovoltaic (PV) system is placed directly on top of a body of water. Over the past half a decade, floating solar farms have gained popularity, particularly in countries with high population density and competing uses […] Read more
Spain’s Iberdrola Has Brazil For Its First Floating Solar Project Updated On Fri, Jan 6th, 2023 by Saurenergy The first floating solar power facility of global energy conglomerate Iberdrola will be coming up in Brazil soon. Iberdrola group has announced its plans to install the its first floating photovoltaic plant in the world in Brazil, through its subsidiary Neoenergia. The official statement held that the floating solar project will be built on the […] Read more
Altus Buys 220 MW Solar Portfolio from RE Equity Firm TGC in USA Updated On Fri, Jan 6th, 2023 by Saurenergy Connecticut based renewable energy infrastructure private equity firm, True Green Capital Management has announced that it has signed a binding agreement last week with Altus Power to sell a portfolio of approximately 220 megawatts (MW) of distributed solar assets. The value of the deal is revealed as $293 million. TGC and Altus Power expect the […] Read more
Is Solar Momentum Stuttering To A Halt In India? Updated On Thu, Jan 5th, 2023 by Saurenergy India’s solar growth, that is aiming for a target of over 25 GW between this year and 2030 to meet national targets on installed capacity, appear to be shifting to the slow lane, yet again. Industry players blame the slowdown on everything from higher prices, to policy, to rising cost of capital and more. After […] Read more
L&G NTR Acquire Three Solar Power Projects Of 115 MWp In Spain Updated On Thu, Jan 5th, 2023 by Saurenergy The L&G NTR Clean Power Fund has announced that it has acquired three Spanish pre-operational solar power projects from BayWa r.e. L&G NTR Clean Power Fund is managed by Legal & General Investment Management and NTR which again is a renewable energy specialist. The three solar power projects, two of which are located in Castilla […] Read more
Delhi Solar Policy 2022- A Model For All MegaCities? Updated On Thu, Jan 5th, 2023 by Saurenergy The draft Delhi State Solar Policy is finally out for public comments, with a deadline of February 3 for responses. At the outset, the policy sets some ambitious goals for itself. A total of 6000 MW of installed solar capacity which shall include 750 MW of rooftop solar within the State and 5250 MW of […] Read more
IEX December Power Trading Update Updated On Thu, Jan 5th, 2023 by Saurenergy India’s premier energy exchange, The Indian Energy Exchange, has achieved 8452 MU total volume in December 2022, including Green Power trade of 377 MU, and 4.87 lac RECs (equivalent to 487 MU). The total electricity volume on the Exchange in December ’22 was 7964 MU, an increase of 8% on MoM and 4% on YoY […] Read more