GUVNL seeks bids for 500 MW wind projects phase III in Gujarat Updated On Wed, May 11th, 2022 by Saurenergy State electricity regulation board Gujarat Urja Vikas Nigam Limited (GUVNL) has floated a tender for the purchase of power through competitive bidding process (followed by reverse e- auction) from 500 MW grid-connected wind power projects to be set up in Gujarat (Phase III) with ‘Greenshoe Option’ of additional upto 500 MW. Key details of the tender […] Read more
Wind & sun powered a record 40% of Spain’s electricity grid in April Updated On Wed, May 11th, 2022 by Saurenergy Wind and sun powered a record 40 per cent of the Spanish electricity grid in April as renewable energy was boosted by a breezy spring and rising installed capacity, a report from pro-renewable energy think tank Ember Climate said on Tuesday. Wind farms supplied 26.2 per cent of the country’s electricity last month, while sun-powered […] Read more
ReMo Energy Launches Green Nitrogen Fertilizer Made Using Renewable Energy Updated On Wed, May 11th, 2022 by Saurenergy ReMo Energy has announced the launch of its first commercial product, a nitrogen fertilizer that addresses the combined challenges of high fertilizer costs and climate change. ReMo Energy has been founded to make fossil-based chemicals from renewable energy. Solar and wind resources are the lowest marginal cost sources of electricity in most of the world […] Read more
CERC Issues New Rules For Allocation Of Transmission Corridors For Power Trading Updated On Wed, May 11th, 2022 by Saurenergy Central Electricity Regulatory Commission (CERC) ordered on May 9 that the allocation of transmission corridor among the Power Exchanges shall be governed by a new set of principles from June 1. A bench of four judges under the chairmanship of IS Jha ruled that the old order of 04.04.2016 extending priority allocation of 10% in […] Read more
Bhago Mobility Solutions Acquires Stake In Pastiche Energy Solutions Updated On Tue, May 10th, 2022 by Saurenergy Bhago Mobility Solutions Private Limited (Bhago), the Green Energy Vertical for Modern Automotive Limited (MAL), has announced an equity acquisition in Pastiche Energy Solutions (P) Ltd (Pastiche), one of the oldest players in the Energy Storage Sector in India, since 2015. The partnership will aggregate the strengths of both the companies towards the manufacturing of […] Read more
South Western Railway installs 4600 KWp rooftop solar Updated On Tue, May 10th, 2022 by Saurenergy The Indian Railways has made some of the most ambitious pledges to decarbonise, starting with the promise to be 100% electric by 2024 and net zero by 2030. While those ambitions are still some way off, progress continues to be steady on the ground. As of January this year, with plans to install solar at […] Read more
Austria’s Verbund bags renewable portfolio in Spain Updated On Tue, May 10th, 2022 by Saurenergy Austrian hydropower utility Verbund said on Monday it had acquired a portfolio of renewable energy assets in Spain from local private equity fund Q-Energy for an undisclosed sum. The assets include operating photovoltaic power plants with a combined capacity of 82 megawatts (MW) and projects planned to have an eventual capacity of up to 4,000 […] Read more
Inox Green Energy board approves proposal to raise Rs 900 cr via IPO Updated On Tue, May 10th, 2022 by Saurenergy Inox wind arm Inox Green Energy Services’ board on Monday approved a proposal to raise Rs 900 crore through an initial public offer (IPO). The proposed IPO will comprise fresh issuance of equity shares aggregating up to Rs 500 crore and an offer for sale (OFS) of equity shares by certain shareholders to the tune […] Read more
OMC Power, IREDA to build rural renewable energy ecosystem Updated On Tue, May 10th, 2022 by Saurenergy OMC Power recently announced a long-term relationship agreement with the Indian Renewable Energy Dev Agency Ltd. (IREDA) that will work towards building a rural renewable energy ecosystem. In a welcome move by the IREDA, OMC will be getting economic support for setting up Renewable energy plants to provide sustainable energy in the villages of Uttar […] Read more
