Author: Saur News Bureau

Tata Steel Limited Eyes 26% Stake in Tata Power Arm

Steelmaking firm Tata Steel Limited (TSL) has joined hands with Tata Power Renewable Energy Limited (TPREL) and TP Vardhaman Surya Ltd. (TPVSL). Under this agreement, TSL seeks to acquire 26% in TPVSL, currently a wholly owned subsidiary of TPREL. As per the agreement, TSL will also execute a fixed-tariff long-term agreement with TPVSL to source […]

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India and US Are Major Drivers Of Utility-Scale Solar Power: ISA

The International Solar Alliance (ISA) recently released a report titled ‘World Solar Market Report’. It talks about the overall global scenario in the solar energy sector. The report placed India as one of the new undisputed leaders in global solar energy deployment. The report mentions that the global solar PV deployment had been  primarily driven […]

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Iowa State University Awarded $1.8 Mn Grant for Agrivoltaics Project

Iowa State University (ISU) is set to undertake a study on the benefits that bringing crops and solar power together can bring. The ISU houses an innovative agrivoltaics project- the Alliant Solar Farm that was unveiled recently. The 1.75 NW agrivoltaic solar project will delve into optimisation of land while making a note of the […]

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Govt Orders To Extend Dispute Avoidance Mechanism For All Power Projects

The Ministry of Power, in its latest notification, has notified changes in the norms for the Dispute Avoidance Mechanism. In its latest addendum to the norms, the ministry has ordered extending this service to other energy sectors beyond hydroelectric power plants. Earlier, this mechanism was confined to only hydropower projects.  On September 27, 2021, the ministry […]

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JKPCL & RUVNL to Purchase Power from SJVN’s 1000 MW Solar Project

CPSU SJVN has been awarded Letters of Intent for the purchase of solar power from Jammu & Kashmir Power Corporation Limited (JKPCL) and Rajasthan Urja Vikas Nigam Limited (RUVNL). While JKPCL is looking to purchase 600 MW, RUVNL will purchase 500 MW. The purchase will be at a tariff of INR 2.57 per unit from […]

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Ranthambhore’s Nahargarh Palace Seeks Net Zero With 400kW Agrivoltaic Solar

Vareyn Solar Pvt. Ltd, a turn-key solar EPC firm, recently installed a 400kW agrivoltaic solar plant at Nahargarh Ranthambhore, a hotel in Rajasthan. The hotel is owned by Gaj Singh- a supporter of wildlife and green initiatives. Situated amidst the lush forest of Ranthambhore Tiger Reserve, Gaj Singh sought to reduce the carbon footprint to […]

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Cosmos Innovation Bags $19.7mn For Perovskite Silicon Tandem Fab Platform

Singapore based Cosmos Innovation, an AI-first company building next-generation perovskite silicon tandem (PST) solar cell technology, today announced raising $19.7 million in total funding. Founded by Vijay Chandrasekhar and Joel Li, the firm raised its Series A round with participation from Xora Innovation, an early-stage, deep-tech investment platform of Temasek, headquartered in Singapore. Other investors joining […]

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Jakson Green to Develop INR 2,400 Crore Green Ammonia Plant

Jakson Green Private Limited, an energy transition platform backed by India’s Infrastructure and Renewables powerhouse, Jakson Group, has signed a Memorandum of Understanding (MOU) with Deendayal Port Authority to set up a green ammonia facility. The project is valued at approximately INR 2400 crore. The green ammonia facility, situated at Kandla Port, Gujarat, will be […]

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