Portugal Awards World’s Lowest Cost Solar Contract Updated On Tue, Aug 13th, 2019 by Saurenergy Portugal has for now become the country with the world’s lowest-cost solar PV contract. After it offered contracts worth just €14.76/MWh Portugal has for now become the country with the world’s lowest-cost solar PV contract. After the European nation offered the lowest ever contracts worth just €14.76 per Megawatt Hour (MWh), or $16.54 per MWh in the […] Read more
SECI’s 1200 MW ISTS-V Solar Tender Undersubscribed Updated On Mon, Aug 12th, 2019 by Saurenergy SECI’s ISTS-V solar tender which was issued seeking to award projects worth 1200 MW has received bids only for half the tendered capacity. The Solar Energy Corporation of India (SECI’s) had issued an RfS (ISTS-V) for setting up of 1200 MW solar power projects in India in July. The tender, which was issued seeking to […] Read more
After High Court Stay on PPA Move, Andhra Strikes with Curtailment Updated On Fri, Aug 9th, 2019 by Saurenergy The Andhra government has decided to curtail renewable generation in the state after state High Court put a stay on its order to renegotiate RE tariffs The newly elected Andhra Pradesh government has decided to curtail renewable power generation in the state after the state High Court put a stay on the government’s order to […] Read more
Ørsted Reports Strong Numbers for First Half of 2019 Updated On Fri, Aug 9th, 2019 by Saurenergy Ørsted has achieved an operating profit of USD 1.32 billion in first half of 2019, up 2% and on track to deliver its full-year guidance. Wind Major Ørsted’s Board of Directors approved the interim report for the first half year (H1) of 2019. The firm revealed that it has achieved an operating profit (EBITDA) of […] Read more
India Ratings Raises Risk Concern for PPAs Signed With SECI, NTPC Updated On Thu, Aug 8th, 2019 by Saurenergy In its revenue risk analysis, the India Ratings and Research a part of Fitch Group found that the Power Purchase Agreements signed by NTPC and SECI are vulnerable to risks. Contrary to the general belief that the PPAs signed between the Renewable energy companies and reliable counter parties like Solar Energy Corporation of India (SECI) […] Read more
Hanergy SHJ technology Sets New World Record With 24.85% Conversion Rate Updated On Wed, Aug 7th, 2019 by Saurenergy Hanergy has jointly announced that the ISFH has certified its SHJ technology as the world’s most efficient. Hanergy Thin Film Power Group has jointly announced with Chengdu Zhufeng Yongming Technology company that the Institute for Solar Energy Research in Hamelin (ISFH), the German testing body has certified its silicon heterojunction thin-film battery technology (SHJ technology) […] Read more
Air India SATS, Visaka Industries Join Hands for Solar Roofing Solutions Updated On Tue, Aug 6th, 2019 by Saurenergy This off-grid solution can work up to 6 hours with-holding a weight of over 300 kgs on the roof, and powers 2 air conditioners of 0.75 tons each. In a bid to offer solutions that can save significant amount of energy, publicly traded company Visaka Industries has provided its integrated solar roofing system, ATUM, to […] Read more
Diageo Commits to a Renewable Future in Africa Updated On Tue, Aug 6th, 2019 by Saurenergy Diageo will invest GBP 180 million in renewable energy resources across its sites in Africa to ensure that it breweries are carbon and water-efficient British multinational alcoholic beverages company, Diageo has announced that it will invest GBP 180 million in renewable energy resources across its sites in Africa to ensure that it breweries are the […] Read more
Canadian Solar Begins Operation of Largest Solar Plant in Argentina Updated On Tue, Aug 6th, 2019 by Saurenergy Canadian Solar has announced that its 100.1 MW Cafayate solar power project in Argentina started commercial operation last month Canadian Solar, one of the world’s largest solar power companies, has announced that its 100.1 MW Cafayate solar power project in Argentina started commercial operation. Located in the Province of Salta, the solar project is powered by over 289,000 high-efficiency […] Read more