With Phased Duties on Solar Imports, Government Hopes for Orderly Transition Updated On Thu, Jun 25th, 2020 by Saurenergy At his press conference today, Power Minister R.K. Singh confirmed that duties, possibly starting at 25 percent, will be imposed on module imports from August 1. He wasn’t absolutely certain on duties for cell imports, but indicated they would be treated at a lower rate, possibly 15 percent. It is also not clear if customs […] Read more
AES Issues RfP Seeking 1 GW of Carbon-Free Energy Projects Updated On Thu, Jun 25th, 2020 by Saurenergy AES has issued an RfP, seeking new and repowered carbon-free projects for its customers in the PJM area, inclusive of its strategic alliance with Google. AES has issued a Request for Proposals (RfP), seeking new and repowered carbon-free renewable energy projects for its customers in the PJM area, inclusive of AES’ strategic alliance with Google. […] Read more
US Solar Systems Prices Falling Faster Than Expected: WoodMac Updated On Thu, Jun 25th, 2020 by Saurenergy Solar PV systems prices in the US are falling faster than expected across all market segments, primarily driven by module price reduction. Solar PV systems prices in the United States (US) are falling faster than expected across all market segments, primarily driven by module price reduction, according to new research from Wood Mackenzie. Residential system […] Read more
NTPC Secures another PMC Contract to Develop 500 MW Solar Park in Mali Updated On Wed, Jun 24th, 2020 by Saurenergy Adding more heft to its renewable ambitions to transition from a coal burning major, the country’s largest power generation utility NTPC has secured another Project Management Consultancy (PMC) contract for the development of 500 MW solar park in the Republic of Mali under the ISA initiative. This is the second project where a central PSU […] Read more
Wells Fargo Inks Deal with Shell, MP2 Energy to Buy Renewable Power Updated On Wed, Jun 24th, 2020 by Saurenergy USD 1.98 trillion company Wells Fargo has signed a structured renewable energy (RE) agreement with Shell Energy North America (Shell Energy) and its arm MP2 Energy, to purchase about 1,50,000 MWh of renewable energy every year. The deal will enable the company to use renewable power to meet 100 per cent of its energy consumption […] Read more
CIT Arranges $85 Mn Financing for 80 MW Solar Project in Colorado Updated On Wed, Jun 24th, 2020 by Saurenergy Financial holding company CIT Group through its Power and Energy unit has arranged USD 85 million financings for an 80 MW Pioneer Solar project located in Colorado. CIT further served as sole lead arranger for financing on behalf of project sponsor Idemitsu Renewables, a leading solar project developer that has successfully built and sold hundreds of […] Read more
Rajasthan Tenders for Solar Plants at 30 Mandi Yards, 14 Sub Yards Updated On Wed, Jun 24th, 2020 by Saurenergy RSAM has issued a tender for the commissioning of grid-tied solar power plants at 30 Mandi yards & 14 Sub yards in the state of Rajasthan. The Rajasthan State Agricultural Marketing Board (RSAM) has issued a tender for the commissioning of grid-tied solar power plants at 30 Mandi yards & 14 Sub yards in the […] Read more
Assam to Tender for Floating Solar Plant and LED Street Lights Updated On Wed, Jun 24th, 2020 by Saurenergy APDCL is going to issue a tender for the implementation of a 15 kWp floating solar power plant at Jolpukhuri lake in Assam. The Assam Power Development Corporation (APDCL) is going to issue a tender for the implementation of a 15 kWp floating solar power plant at Jolpukhuri lake in the state. The power department […] Read more
Cleaner air During Lockdown Helped Delhi Generate More Solar Power: Study Updated On Wed, Jun 24th, 2020 by Saurenergy Reduction in air pollution in Delhi due to lockdown may have led to more sunlight reaching solar panels, resulting in the production of more clean energy. Based on data collected in Delhi, a team of researchers – majorly from at the Massachusetts Institute of Technology (MIT) in Boston – report that the reduction in air pollution […] Read more