Hydro Rein, Atlas RE and ALBRAS to build self-production 438 MW solar project in Brazil Updated On Wed, May 4th, 2022 by Saurenergy Hydro Rein, Atlas Renewable Energy and ALBRAS are going to jointly develop, build and operate a self-production 438 MW solar plant in Paracatú, Brazil. The plant is meant for supply of long-term renewable power to primary aluminum plant of Albras. The proposed Boa Sorte solar plant is planned to turn operational in Q4 2023. Construction […] Read more
After Solar, Volatility Impacts Wind Manufacturers, Projects Affected in India Too Updated On Mon, May 2nd, 2022 by Saurenergy Rising demand and orders have failed to convert to profits for many wind energy manufacturing firms. Wind power heavyweights Vestas Wind Systems A/S, General Electric Co. and Siemens Gamesa Renewable Energy SA are all reeling from high raw material and logistics costs, changes in key clean-power subsidies, years of pressure on turbine prices and an […] Read more
With Energy Supplies On Edge, Delhi’s Poor Solar Record Comes Back To Bite It Updated On Mon, May 2nd, 2022 by Saurenergy Even as an unprecedented heatwave across most of India, especially North India sends temperatures soaring, Delhi, one of the most polluted cities in the world, has barely achieved its clean energy goals and increased its dependence on non-renewable sources of energy. This, despite some of the most ambitious plans to green up. The capital has […] Read more
Free Solar Panels Become An Issue In Mexico politics Updated On Mon, May 2nd, 2022 by Saurenergy Installation of solar panels for free onto residences has become a subject of confrontation and debate between the Mexico’s ruling party of President Andres Manuel Lopez Obrador and Marko Cortes, leader of the center-right National Action Party (PAN) since Sunday when the latter argued in favour of the proposal staking out its renewable energy credentials. […] Read more
Jinko Solar Q1 Results Report 8.4 GW of Shipments, Up 56% YoY Updated On Mon, May 2nd, 2022 by Saurenergy Module major Jinko Solar has announced its Q1 results, and as expected, the results are a major jump over the corresponding period last year. Total revenues were RMB 14.76 billion ($2.24 billion), a growth of 86% year-on-year (YoY). Gross profit came in at RMB 2.23 billion ($338.6 million), a 64% YoY increase even as it […] Read more
Odisha Continues To Take Small Steps Towards Renewables, Adds Solar Panels in schools Updated On Mon, May 2nd, 2022 by Saurenergy The Odisha Government is making strides in the realm of solar power development that is bringing multidimensional changes in the everyday life of the people. In a fresh instance, the Chief Secretary of the state, SC Mohapatra, has unveiled a solar power system in a government high school in Ganjam district’s Narayanpatna area. There would […] Read more
Solar Delivered 15% Of 201 GW Peak Demand On April 26 Updated On Fri, Apr 29th, 2022 by Saurenergy Renewable energy has come to the rescue during the ongoing power crisis triggered by surging demand amid the heat wave condition in the country, especially when the peak electricity supply hit the record level of 201.06 GW earlier this week, a senior official said on Thursday. The maximum pan-India power demand met or the highest […] Read more
80 MW Al Jomaih solar project in Gujarat bags ₹4 B loan from ADB Updated On Fri, Apr 29th, 2022 by Saurenergy The 80 MW AJ Solar Power Project, situated in Gujarat, has been granted a Rs 4,063 million loan by the Asian Development Bank (ADB) for environmentally sustainable growth and inclusive economic progress. The project is being sponsored by Al Jomaih Energy and Water Company, which emerged as a winner in the 500 MW solar auction […] Read more
DERC Rules in Favour of Rays Power on PPA dispute With NDMC, Orders Payment of Arrears Updated On Fri, Apr 29th, 2022 by Saurenergy The Delhi Electricity Regulatory Commission (DERC) has finally approved the PPAs signed between Rays Power and NDMC, following a 7-year delay attributable to the latter. In March 2015, the New Delhi Municipal Council (NDMC) entered into 23 solar Power Purchase Agreements with Rays Power Experts Pvt. Ltd. In November 2016, NDMC approached DERC to request […] Read more
