REMCL is Selecting Project Developers for 750 MW RTC Power Updated On Fri, Oct 27th, 2023 by Saurenergy Railway Energy Management Company (REMC) Ltd., a subsidiary of RITES Ltd, for and on behalf of Indian Railways, has invited bids in single stage two packet system for selection of project developers for supply of 750 MW Round-the-Clock (RTC) power from grid-connected renewable energy (RE) power projects, with or without storage. The last date and […] Read more
EV Maker Ola Takes Home INR 3,200 in Fundraising Round Updated On Fri, Oct 27th, 2023 by Saurenergy Bengaluru’s electric vehicle firm Ola Electric has closed INR 3,200 crore in its fundraising round. The funds were raised from from marquee investors led by Singapore-based Temasek and project debt from State Bank of India respectively. The funds would be used be employed towards the expansion of Ola’s EV business and the establishment of a […] Read more
Waaree Renewable Q2 Results Stay Strong With 24% Growth YoY Updated On Thu, Oct 26th, 2023 by Saurenergy Waaree Renewable Technologies Limited, the Solar EPC /IPP subsidiary of Waaree Group, a solar developer that finances, constructs, owns and operates solar projects, has reported its unaudited financial results for the quarter ended September 30, 2023. The firm which has moved to a much faster growth path since 2021-22, has delivered a strong set of […] Read more
Ministry of Power Releases Guidelines For Uniform Renewable Tariff Updated On Thu, Oct 26th, 2023 by Saurenergy Read more
MoP Warns States Against Levying Charges On Power Generation Updated On Thu, Oct 26th, 2023 by Saurenergy The Ministry of Power (MoP) has now issued an order asking states to not levy any additional charges on the generation of electricity from any source ranging from hydropower, thermal to renewable. The ministry even termed the events as “unconstitutional and illegal”. “It has come to the notice of the Government of India that some State Governments […] Read more
Bids For Standalone Wind In Tranche XIV In June 2023 Awarded Between INR 3.18-3.24 Per kWh: GWEC Updated On Thu, Oct 26th, 2023 by Saurenergy The India’s Wind Energy Market Outlook 2023-2027 released by the Global Wind Energy Council, says that by the end of 2022, total renewable energy installed in India stood at 121 GW of total installations with wind contributing 35% of this, making India the fourth-largest wind market in the world, in terms of cumulative installed capacity. […] Read more
New York Government Clears the Path for 6.4 GW Clean Energy Projects Updated On Thu, Oct 26th, 2023 by Saurenergy The New York state government has announced a slew of initiatives that are set to accelerate capacity additions of renewable energy massively. Notable among these are Community Offshore Wind and Clean Path NY. In a recent announcement that further sets an optimistic tone for New York renewable energy industry, the government has given a green […] Read more
UPEIDA Issues RFS for Development of EV Public Charging Stations with Battery Swapping System Updated On Thu, Oct 26th, 2023 by Saurenergy UP Expressways Industrial Development Authority (UPEIDA) invites bids for the development of public charging stations including Battery Swapping System (optional, based on demand survey) for EVs through PPP mode along various Expressways in the State of Uttar Pradesh. The tender fee to be submitted by the bidder is INR 5,900. The bidder must submit the […] Read more
NYSERDA Awards 1.3 GW Wind Capacity Under Community Offshore Initiative Updated On Thu, Oct 26th, 2023 by Saurenergy New York has provisionally awarded a Community Offshore Wind contract worth 1.3 GW. A joint venture between RWE and National Grid Ventures, Community Offshore Wind will be developed under a phase-wise approach within Community Offshore Wind’s 3.2 GW seabed lease in the New York Bight. The seabed lease was acquired during federal bidding by the […] Read more
