Saur Energy International
22nd September 2022
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RENEWABLES NEWS

Gujarat Becomes 4th State to Meet RE Targets 2022; Maha, AP, UP, MP Fall Short

Global thinktank for energy, Ember has published its most recent analytical report, which revealed that by August 2022, India has reached two-thirds of its 175 GW renewable energy goal for the year. Gujarat achieved this goal alongside Telangana, Rajasthan, and Karnataka. The majority of the...

ib solar

Cabinet Approves Second Tranche of PLI Scheme For Solar Module Manufacturing

The second tranche / phase of the Production Linked Incentive (PLI) scheme for the advancement of solar PV modules, with an outlay of Rs 19,500 crore, was approved by the Union Cabinet on September 21. In a press conference held after the Cabinet meeting, Union...

CERC Turns Down PSEPL’s Petition Against NTPC to Refund Liquidity Damages

The Premise of the Order  Power Purchase Agreements dated 04.08.2016 were entered into between the petitioner – Parampujya Solar Energy Private Limited (PSEPL) and the respondent, NTPC. The petitioner is now seeking directions to NTPC Limited to accept the impact of Force Majeure events and...

Novasysgreen

APTEL Permits Adani Green To Claim Carry Costs Based On Change In Law Interpretation

After facing rejections at the Central Electricity Regulatory Commission (CERC) and State Electricity Regulatory Commission's (SERCs), Adani Green Energy had something to celebrate early this week when the Appellate Tribunal For Electricity (APTEL) permitted their plea for allowing carrying cost pass-through under the "Change in...

Current Issue

Amazon Scales Up Green Ambitions In India, 3 Solar Plants of 420 MW Planned In Rajasthan

In a development indicative of the strong shift at corporate level towards green energy, Amazon in India has signed three separate deals for a total of 420 MW for powering its operations in India. Additionally, Amazon has also announced 23 new solar rooftop plants across...

REC Limited Faces Higher Expectations With Maharatna Status

REC Limited was accorded the status of Maharatna Central Public Sector Enterprise on Wednesday, September 21, giving REC greater operational and financial autonomy. With this, REC joins the previous 11 PSU firms in the elite list as the 12th member. An order to this effect...

KREDL Floats Tender for Acrylic Miniature Model of 2.05 GW Pavagada Solar Park

Karnataka Renewable Energy Development Limited (KREDL) has invited  online bids for the construction of a scale model (acrylic miniature model) of the 2050 MW (2.05 GW) Pavagada Solar Park in the new building complex in Nagarabhavi, Bengaluru. This model will be used to educate and...

Aurora Solar Expands Partner Ecosystem to Step-Up Access to Solar Financing

US-based Aurora Solar, a cloud-based platform creating a future of solar for all by powering industry professionals to make solar simple and predictable, has announced Dividend, Mosaic, and Sungage Financial as key integrations for the Aurora platform. Aurora said that the addition of these new...

Citizens Financial Group to Source 100% Renewable Power from Ørsted

Rhode Islands-based Citizens Financial Group has announced that it has entered into a power purchase agreement (PPA) with Ørsted to support the construction of the Sunflower Wind Project that will match 100% of Citizens’ power consumption across its entire operational footprint with renewable energy credits....

Vestas Partners with LM Wind Power for V172-7.2 MW Wind Turbine Blades

Danish manufacturer, seller, installer, and servicer of wind turbines, Vestas has announced that it has signed an agreement with LM Wind Power – a leading manufacturer of wind turbine blades in Denmark – to develop the wind energy supply chain and scale renewables efficiently for...

Hitachi Energy to Enable Renewable Electricity Transmission Between Canada & New York

Global tech leader Hitachi Energy working on sustainable energy has announced that it has been selected by Transmission Developers, a Blackstone company specialized in renewable power development, for the supply of a high-voltage direct current (HVDC) converter station. Hitachi Energy said that this converter station...

Boliden to Reduce Carbon Footprint of Dogger Bank Offshore Wind Farm

Swedish mining and smelting company Boliden has announced that the world's largest offshore wind farm, Dogger Bank, has chosen to use low-carbon copper from Boliden in the high-voltage offshore export cable systems for the third phase of the project which is called ‘Dogger Bank C.’...

EV's & Storage News

Esmito Raises INR 10 Crore In Seed Funding For Battery Swapping Infrastructure

EV start-up Esmito has announced that it has raised Rs 10 crore in a seed funding round that was led by Unicorn India Ventures. The funds raised will be utilized for the expansion of battery swapping solutions by Esmito. A part of the funds will...

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