Bihar Seeks Bids For 564 MW Solar Projects Under PM KUSUM Updated On Thu, Mar 28th, 2024 by Saurenergy Component C of the PMKUSUM scheme, which seeks grid connected solar pumps as part of the same (Component B is off grid pumps and Component A is ground mounted solar ), is in the limelight in Bihar. Bihar State Power Generation Company (BSPGCL) has invited bids for 564 MW of projects under the scheme, in […] Read more
10 MW Floating Solar on Bihar’s Durgawati Dam Reservoir-Bids Invited Updated On Thu, Mar 28th, 2024 by Saurenergy Bihar State Power Generation Company Limited (BSPGCL), the state’s nodal agency has released a tender for procumbent of power through tariff based competitive bidding from grid connected 10 MW floating solar power project. BSPGCL document mentioned, “This project is to setup under RESCO mode over reservoir of Durgawati Dam located at district in Kaimur/Rohtas in […] Read more
MNRE Amends Rules For Solar Mini-Grid Installations In Tribal Area Updated On Wed, Mar 27th, 2024 by Saurenergy In a notification released on March 26, the Ministry of New and Renewable Energy (MNRE) amended the dedicated scheme aimed at electrification of unelectrified households belonging to Particularly Vulnerable Tribal Groups (PVTGs). This initiative was launched under the Pradhan Mantri Janjati Adivasi Nyaya Maha Abhiyan (PM JANMAN) on January 4th. According to the original notification […] Read more
EDP Renewables & Walmart Sign 15-yr PPA For 180 MW Texas Solar Plant Updated On Wed, Mar 27th, 2024 by Saurenergy EDP Renewables North America LLC and Walmart Inc. have signed a 15-year power purchase agreement (PPA) for a portion of a new 180-megawatt (MWac) solar project in Texas. Under the PPA, Walmart will be an offtaker for 162 MWac, complementing its current corporate procurement from EDPR NA projects of 233 MWac of utility-scale solar and […] Read more
Sterlite, GIC Enter JV To Create Power Transmission Platform In India Updated On Wed, Mar 27th, 2024 by Saurenergy Sterlite Power and Singapore based GIC announced a joint venture to create a power transmission platform in India. Sterlite Power, a private power transmission developer, and an affiliate of GIC entered into a definitive agreement signing. Their agreement was undertaken to set up a new platform to develop and operate power transmission projects in India. […] Read more
Gensol Appoints Kapil K Nirmal As CEO Of Its Middle-East Solar Business Updated On Wed, Mar 27th, 2024 by Saurenergy Solar sector firm, Gensol Engineering Limited has announced the appointment of Kapil K Nirmal as the new CEO of its Middle East Solar EPC business. “With an extensive 18-year background in business development and project implementation across major organisations in the Middle East, including Emirates Electrical Engineering LLC and Al Rostamani Group, Mr. Nirmal is […] Read more
TotalEnergies & SINOPEC Ink Deal For Sustainable Jet Fuel In China Updated On Wed, Mar 27th, 2024 by Saurenergy TotalEnergies and China Petroleum and Chemical Corporation (“SINOPEC”) have signed a Heads of Agreement (HoA) to jointly develop a Sustainable Aviation Fuel (SAF) production unit at SINOPEC’s refinery in China. The planned unit, jointly owned by SINOPEC and TotalEnergies, will have the capacity to produce 230,000 tons of SAF per year and will process local […] Read more
NTPC, JBIC Collaborate To Finance Renewable Energy Project In India Updated On Wed, Mar 27th, 2024 by Saurenergy Japan Bank for International Cooperation (JBIC) Governor, HAYASHI Nobumitsu has signed a loan agreement that amounts to up to JPY15 billion of which JBIC’s portion is JPY9 billion, with NTPC Renewable Energy Limited (NREL) of India. The loan is co-financed with Sumitomo Mitsui Banking Corporation and the Bank of Fukuoka, Ltd. JBIC also claims to […] Read more
Stonepeak & Shizen Energy To Form Asian Onshore Wind Platform Updated On Wed, Mar 27th, 2024 by Saurenergy Alternative investment firm Stonepeak has completed an investment in TerraWind Renewables, an onshore wind energy platform, in partnership with Shizen Energy Inc, a Japanese renewable energy company. As part of the transaction, Stonepeak has acquired an 80% interest in TerraWind, with Shizen Energy retaining the remaining 20% interest in the business. TerraWind will focus on […] Read more