Saur Energy International
23rd May 2023

RENEWABLES NEWS

gautam-solar

GUVNL Invites Bids For 800MW Solar Projects With Greenshoe Option

Gujarat Urja Vikas Nigam (GUVNL) has invited bids for the purchase of power through a competitive bidding process (followed by reverse e-auction) from the 800 Megawatt (MW) Grid-Connected Solar Photovoltaic Power Projects to be set up in Gujarat State Electricity Corporation Ltd’s Solar Park at...

Gujarat Discoms To Get 500 MW Of Solar Power At Rs 2.51/unit 

Electricity distribution companies in Gujarat are all set to get green energy from its 500 Megawatt (MW) grid-connected solar projects in the state with a tariff of Rs 2.51 to Rs 2.52 per unit. The Gujarat Electricity Regulatory Commission (GERC) recently approved these tariffs.  It comes after...

icon solar

UP Issues Tender For Solarisation of 1,000 Agricultural Pumps Under PM-KUSUM 

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has now issued a tender for solarising 1,000 agricultural pumps under the Component C of Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM-KUSUM) scheme. The state nodal agency for clean energy projects asked bidders...

solax power

NTPC Issues Tender for O&M of Solar Plants up to 50 MW

The National Thermal Power Corporation Limited (NTPC) has issued a tender for outsourcing its operation and maintenance of solar power plants up to 50 Megawatt (MW). The leading power producer of India has kept the closing date for the bid to June 29, 2023. The...

ib solar

Powergrid Reports 4% Growth In Profit After Tax in Q4

India’s largest electricity transmission company Powergrid recently announced its financial results for Financial Year 2023 and Q4. The Maharatna Public Sector Enterprise said that it reported a total of four percent growth of Profit After Tax (PAT) in Q4 (consolidated) on Year-on-year (YoY) basis.  It also said...

Novasysgreen

Waaree Renewables Doubles Q4 Net Profit; FY23 Net Profit Fivefold

Waaree Renewables Technology Ltd (WRTL) has announced its financial results for the last quarter and full year FY-2023. The company declared a consolidated net profit of Rs 12.3 crore in the March 2023 quarter marking an 81% increase year-on-year. Waaree also reported a revenue of...

Suzlon Bags Order From Serentica For Its 3MW Wind Turbine Series 

India's leading wind energy player Suzlon today announced bagging a 'significant' order for its 3 Megawatt (MW) series of wind turbines from Serentica Renewables. Serentica Renewables India Private Limited (Serentica), an energy solutions company, works towards industrial decarbonization.   As per the order, Suzlon will install...

Current Issue

Spain Allows TotalEnergies To Develop 3-GW Solar Projects

The route for French energy conglomerate TotalEnergies to develop 3-GW of solar power projects has been smoothened in Spain. As per its announcement, TotalEnergies has obtained from the Spanish authorities (Ministry of Energy Transition and Autonomous Communities) a favourable Environmental Impact Assessment for an estimated...

Badeel, ACWA Power To Invest Over $3 billion For 4.5 GW Solar Projects In Saudi Arabia

Providing thrust to the new wave of solar power development in Saudi Arabia, the Water and Electricity Holding Company (Badeel) and ACWA Power have signed Power Purchase Agreements (PPAs) with the Saudi Power Procurement Company (SPPC) for the development and operation of three major new...

Enel To Build Billion Dollar Solar PV Factory In Oklahoma

Renewable energy major Enel North America, through its affiliate 3Sun USA, has selected Inola in Oklahoma, USA, as the location to set up its industrial-scale manufacturing facility for American-made photovoltaic (PV) cells and modules. Enel said the new factory is expected to have an annual...

EV's & Storage News

Ford Secures Lithium Hydroxide Supplies From Nemaska Lithium For 11 Years

As North America rapidly adopts electric vehicles to combat climate change through sustainability, global auto conglomerate Ford Motor Company has entered into a long-term agreement with Quebec-based Nemaska Lithium for the supply of lithium products, including lithium hydroxide, over an 11-year period. Ford said that under...

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