ACWA Power Seals 900 MW Vth Phase of MbRAM Solar Park at $1.6953/kWh Updated On Fri, May 1st, 2020 by Saurenergy ACWA Power has formally won the Vth Phase of the MbRAM Solar Park from DEWA, after submitting a winning bid tariff of USD 1.6953/kWh Following its successful Bid Submission on the 9th of October 2019, Dubai Electricity and Water Authority (DEWA) awarded the 900 MW photovoltaic fifth phase of the Mohammed bin Rashid Al Maktoum […] Read more
Grid Imbalance Becoming An Issue For RE in Australia-Woodmac Updated On Thu, Apr 30th, 2020 by Saurenergy Wood Mackenzie (Woodmac), the global research firm has highlighted the hurdles renewables energy growth is facing in Australia. The firm says that while the renewable energy project pipeline in the National Electricity Market (NEM) remains massive at 67 gigawatts (GW) capacity (6GW under construction and 61GW in announced projects), the current conversion rate to firm […] Read more
Covid-19 Breeds Challenges for Renewables in US, China: Platts Updated On Wed, Apr 29th, 2020 by Saurenergy Amidst the coronavirus pandemic, China’s electricity demand is likely to normalise by Q3, while there is more uncertainty in the US market as there is still lockdown in most of the states, according to S&P Global Platts Analytics. At the recently held Platts Analytics webinar, the firm highlighted that while there is enough evidence of […] Read more
Residential Solar. Market Yes, But Marketing? Updated On Wed, Apr 29th, 2020 by Saurenergy Ashish Anand, a Chandigarh-based businessman reached out to us four months back. With an independent house in the city, he was keen to explore the idea of a solar rooftop for his house. As always, we put him in touch with relevant state sources, and for good measure, a couple of vendors who install solar […] Read more
India’s Electricity Demand to Shrink 1%, Discoms Losses to Rise by Rs 200 Bn: ICRA Updated On Wed, Apr 29th, 2020 by Saurenergy Amidst the lockdown imposed across the country due to coronavirus, the demand slowdown is likely to lead to a de-growth of 1.0 percent in electricity demand for the full year of FY2021, as predicted by a leading credit rating agency, ICRA. The rating agency analysed after considering the full lockdown till May 3, 2020, partial […] Read more
Heliogen Bags Award for its Concentrated Solar Technology Updated On Wed, Apr 29th, 2020 by Saurenergy Heliogen has announced its selection by Fast Company as a recipient of a 2020 World Changing Ideas Award, recognized for its concentrated solar technology Heliogen has announced its selection by Fast Company as a recipient of a 2020 World Changing Ideas award. Winning the Energy category, Heliogen was recognized for its concentrated solar technology that – for […] Read more
Discoms’ Dues to Gencos Surges 31% to Rs 92,674 Cr in Feb Updated On Tue, Apr 28th, 2020 by Saurenergy The outstanding dues of power distribution companies (Discoms) to power generation companies (Gencos) grew by 31.1 percent to Rs 92,674 crore in February 2020, which reflected the continued stress in the power sector. As per the Government of India’s PRAAPTI portal (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators), Discoms […] Read more
IREL Tenders for 100 kW Rooftop Solar Power System Updated On Tue, Apr 28th, 2020 by Saurenergy IREL has issued a tender, inviting bids from eligible developers for setting up of 100 kW rooftop solar power system in Odisha. Indian Rare Earths Limited (IREL) has issued a tender, inviting bids from eligible developers for setting up of 100 kW rooftop solar power system in Odisha. The last date for bid submission is […] Read more
ADB Approves $100 mn Loan for Development of Advanced BESS in Mongolia Updated On Mon, Apr 27th, 2020 by Saurenergy ADB has approved a USD 100 million loan to help supply RE to Mongolia by installing its first large-scale advanced battery energy storage system (BESS) The Asian Development Bank (ADB) has approved a USD 100 million loan to help supply renewable energy to Mongolia by installing its first large-scale advanced battery energy storage system (BESS). […] Read more
