Saur Energy International
2nd December 2022
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RENEWABLES NEWS

RECPDCL Floats Tender for 500 MW of ISTS-Connected Solar Projects

REC Limited's subsidiary company, REC Power Development, and Consultancy (RECPDCL) has floated a tender for setting up 500 MW of interstate transmission system (ISTS)-connected solar power projects across the country. By combining thermal or hydroelectric with renewable energy and storage, the projects seek to maintain...

ib solar

Shell & Hexicon JV Names Vestas for Large Scale Floating Wind Project

A joint venture between Shell and Hexicon AB called MunmuBaram has chosen Vestas as its turbine supplier for a project. The said project is a floating offshore wind project in South Korea and boasts of 1.3 GW. Hexicon AB develops floating offshore wind farms and...

Meyer Burger Announces First Sales Partner for Solar Roof Tile Project

Meyer Burger Technology, a firm known for its production facilities in the photovoltaic industry, had announced the pilot phase of its solar roof tile. Now, the firm has revealed that it has onboarded its first distribution partner from the roofing trade. Dachdecker-Einkauf Süd eG (DE...

Novasysgreen

Amazon Debuts Hybrid Projects Globally with 300 MW in Madhya Pradesh & Karnataka

In Madhya Pradesh and Karnataka, Amazon India is set to establish 300 MW hybrid project (wind-solar). The projects would be established alongside Vibrant Energy, a subsidiary of a portfolio business of Macquarie's Green Investment Group (GIG).  Amazon said in a statement that this is one...

Current Issue

Tata Power Renewable Energy Bags 255 MW of Hybrid Projects For Delhi

It's all within the group as Group Firm Tata Power Renewable Energy (TPREL) bagged the 255 MW Wind-Solar Hybrid auction from Tata Power Delhi Distribution Limited (TPDDL). The supplies are meant for the Delhi market, where TPDDL is one of the 3 discoms operating, besides...

Germany Looks to Fund India’s Energy Transition Projects with €1 billion

Germany has proposed to fund India's energy transition projects with €1 billion. The projects are to be executed all over the country under a bilateral partnership between the two countries on green and sustainable development. As per discussions held between India and Germany, the funding...

India’s L&T & Japan’s SMBC Conclude $107 Mn Sustainability Linked Loan

A Japanese multinational banking and financial services institution, Sumitomo Mitsui Banking Corporation (SMBC), and India's multinational conglomerate company Larsen & Toubro Limited (L&T) recently successfully finalised a three-year, $107 million sustainability-linked loan. SMBC was the sustainability coordinator and lender. In a statement, L&T noted that...

UP Govt’s Ambitious Plan to Power Textile Industry with Solar Energy

The Uttar Pradesh Government has approved a scheme under which the handloom sector will be powered with solar energy. The scheme, to be executed in a phased manner, will impact millions of families dependent on the handloom sector for a living. As per the scheme,...

Adani Green Raises $200 Mn Through Yen-Denominated Refinancing Deal

Adani Green Energy Ltd (AGEL) has raised a Japanese yen-denominated loan to refinance its current debt for 350 MW of solar projects in the Indian state of Andhra Pradesh. This was done through its subsidiary Adani Solar Energy AP Six. The facility consists of an...

APTEL Asks TANGEDCO to Reimburse Solar Developers for Excess Energy Demand

The Appellate Tribunal For Electricity (Aptel) has asked The Tamil Nadu Generation and Distribution Corporation Limited (Tangedco) to reimburse solar power developers for excess energy purchased from them exceeding the capacity utilization factor (CUF) of 19%. The said solar power developers include Crescent Power Limited,...

EV's & Storage News

EV 2W Firm BikeWo Launches New Showroom in Ahmedabad

The EV two-wheeler company BikeWo from Telangana will establish a presence in Gujarat by building its first showroom there on November 28, 2022. Nirmal Joshi, Bhupendra Singh Sisodia, the showroom's co-founders Vidhya Sagar Reddy and Saral Talwar, as well as other members of the company's...

NREL Confirms Spike In Solar and Storage Costs In US

The  National Renewable Energy Laboratory (NREL), the premier government entity tasked with tracking and projecting impact of technology changes in the renewables space, has come out with its annual benchmarking report on prices. And the findings are no surprise, to those who have been in...

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