Author: Saur News Bureau

Ocean Winds Secures £2 Billion Finance For Moray West Wind Farm

Ocean Winds has announced that its Moray West Offshore Wind Farm that is part of its portfolio of UK, has secured £2 billion of non-recourse project finance and reached financial close. The key sponsorship has come from Ocean Winds and Ignitis Group, as minority shareholder. The company is a joint venture between EDP Renewables and […]

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Research Institute ORERI To Be Established In Odisha For Renewable Energy

The state of Odisha will soon be witnessing the coming up of ‘The Odisha Renewable Energy Research Institute (ORERI)’ for the purpose of stepping up research and development work regarding technology for the renewable energy sources. ORERI will be set up in Sonepur district to make Odisha a leader in the field of renewables. ORERI […]

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51-MW Wind Energy Brought Online by JSW Energy in Tamil Nadu

India’s one of the leading renewable energy company JSW Energy has announced that it has commissioned a 51 megawatt (MW) wind power project at Tuticorin in the state of Tamil Nadu. It said in its regulatory filing that the wind project has been commissioned by one of its subsidiaries called JSW Renew Energy Two Limited. […]

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RECPDCL Grants ISTS Transmission SPV ‘KPS1’ To Megha Engineering 

On Friday, the REC Power Development and Consultancy Limited (RECPDCL) announced granting the project-specific Special Purpose Vehicle (SPV)—KPS1 Transmission Limited to Megha Engineering and Infrastructure Limited.  An official release from REC said that the firm was awarded the project after it emerged as the successful bidder of the power ministry’s Inter-State Transmission System (ISTS) project, […]

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Log9 Commissions Its Commercial Lithium-Ion Cell Manufacturing Line In Bengaluru 

Log 9 Materials, a Bengaluru-based advanced battery technology solutions company, on Friday, commissioned India’s first commercial Lithium-ion battery manufacturing line at its Jakkur plant in Bengaluru. It is said to have a production capacity of 50 Megawatt-hour (MwH) annually.     “Log9’s commercial Li-ion cell manufacturing line has an initial capacity of 50 MWh. This facility […]

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Govt Orders Implementing Scheme On Pooled Tariff Of Older Power Plants From July 1 

The Ministry of Power, in its latest notification, has asked all states and other concerned institutions to take necessary actions to implement the proposed scheme of pooling tariffs of older thermal power plants whose Power Purchase Agreements (PPAs) have expired.  The scheme aims to use the power generation capacity of thermal power plants older than 25 […]

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