Ørsted To Acquire US Offshore Wind Seabed For $625 Million Updated On Tue, May 30th, 2023 by Saurenergy Danish RE major Ørsted has agreed to acquire 50% interest from Eversource Energy in the uncontracted federal offshore wind lease area currently owned jointly by the two companies against a consideration price of $625 million. In addition to the seabed, which is in early-stage development, the agreement also includes contracts and partnerships for key operational […] Read more
ONGC Plans Rs 1 Lakh Crore Investment For Energy Transition Updated On Mon, May 29th, 2023 by Saurenergy State owned oil and gas producer ONGC has announced an investmen worth Rs 1 lakh crore by the end of this decade (2030) on energy transition projects. Most of the investments will be made on renewable energy projects. ONGC has already declared its target of achieving net zero carbon emissions by 2038. The fresh announcement […] Read more
Offshore Wind Projects Starting Before 2033 To Get 25 Years Of ISTS Waiver In India Updated On Mon, May 29th, 2023 by Saurenergy The Ministry of Power, in its latest notification, has allowed a 25-year waiver of Inter-State Transmission System (ISTS) charges for early starters of offshore wind power projects. As per the notification, all the offshore projects commissioned on or before December 31, 2032, would be eligible for the long-term waiver. Besides these, the notification also confirms that […] Read more
Jaipur Vidyut Vitran Nigam Issues Tender for 347 MW Solar Projects Under PM-KUSUM Updated On Mon, May 29th, 2023 by Saurenergy Jaipur Vidyut Vitran Nigam Limited (JVVNL) has issued a tender for 347 MW of solar projects under PM KUSUM (Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan) Program. The project will be developed under RESCO Model. The last date for submission of bids is June 16, 2023. The successful bidder will look into the installation […] Read more
With Focus on PV Safety, Beny Unveils Its Rapid Shutdown Device At SNEC 2023 Updated On Mon, May 29th, 2023 by Saurenergy China based Beny has decided to focus on safety of PV systems, as it seeks to offer a relevant product for the fast growing sector worldwide. Beny, which has made rapid strides in the photovoltaic safety industry, has focused on ensuring the safety and reliability of photovoltaic systems by offering a novel Rapid Shutdown device, […] Read more
South Eastern Railway Invites Bids for 13.54 MW Solar Rooftop Projects Updated On Mon, May 29th, 2023 by Saurenergy South Eastern Railway (SER) has floated tenders that invite bids for the establishment of 13.54 MW of grid-connected rooftop solar photovoltaic (PV) projects in railway zones. These are for the three states of Odisha, Jharkhand, and West Bengal and will be achieved through public-private partnerships. As per the tender, the projects will have to be […] Read more
Kerala to Welcome Special Zone for Electric Vehicle Industry Updated On Mon, May 29th, 2023 by Saurenergy Kerala will soon welcome a special zone for the electric vehicle (EV) industry. The announcement was made by Industries Minister for the state, P Rajeeve. It is being held that the special zone will host battery production, technology development and other areas that delve into the EV sector. The minister further stated that the government […] Read more