Tata Power-DDL Meets 100% RPO; Becomes 100% RPO Compliant Second Time In a Row Updated On Thu, Aug 11th, 2022 by Saurenergy Power utility, Tata Power Delhi Distribution Limited, a JV between the Government of India and Tata Power Company, has achieved 100% RPO compliance for the second year in succession. To meet its Renewable Purchase Obligation (RPO) for the financial years 2021–2022, the company purchased 2200 million units (MUs) of green power from renewable sources, such […] Read more
OMERS Private Equity Buys Stake In Solar O&M Company NovaSource Updated On Thu, Aug 11th, 2022 by Saurenergy A minority share in the solar operations and maintenance (O&M) company NovaSource Power Services with headquarters in Arizona has been bought by OMERS Private Equity, a division of the Ontario-focused pension fund OMERS. With more than 20GW of solar and storage assets under management, including residential, commercial, industrial, and utility-scale power facilities spanning North America, […] Read more
Iberdrola Commissions Europe’s Largest Solar Plant With 590 MW Capacity Updated On Thu, Aug 11th, 2022 by Saurenergy The 590 MW “Francisco Pizarro” PV project in Extremadura, southwest Spain, the biggest solar facility in Europe, has been put into operation by Spanish energy company Iberdrola. This is the largest solar plant installation to be ever built by Iberdrola. The €300 million ($310 million) project is situated between the Cáceres communities of Torrecillas de […] Read more
DUAD Issues Tender for Supply Of Solar PV Power Project Updated On Wed, Aug 10th, 2022 by Saurenergy Directorate Urban Administration and Development (DUAD) has floated a solar tender for supply power to set up 2X 10.5 MW capacity Solar PV collocated, on the land identified in District Neemuch in the state of Madhya Pradesh. The tender mentions that the last date for online submission of the bids is September 08, 2022, till […] Read more
Rays Power Commissions 150 MW Solar Plant In Karnataka Updated On Wed, Aug 10th, 2022 by Saurenergy Haryana-based Solar Power Company, Rays Power Infra has announced the inauguration of a 150 MW solar plant (grid-connected) in Raichur and Koppal, Karnataka. Rays Power claims that this project will approximately produce 2,40,000 MW of green energy per year and the entire project has been executed by Rays Power Infra’s in-house EPC team within the […] Read more
JNTUH, Hyderabad Floats 4 MW Solar Project Tender For O&M Updated On Wed, Aug 10th, 2022 by Saurenergy Jawaharlal Nehru Technological University, Hyderabad (JNTUH) has invited bids for the long-term operation and maintenance (O&M) for a 4MW solar power plant at the University College of Engineering Sultanpur in the Sangareddy district of Telangana. The last date to submit the bid is August 25, 2022. Bids will be opened on the same day. The […] Read more
Chicago Sets Sights On Acquiring 100% Renewable Energy By 2025 Updated On Wed, Aug 10th, 2022 by Saurenergy The city of Chicago in the USA has committed to acquiring 100% renewable energy by 2025 for use in all city facilities and activities, and as the first step in that process, has reached an agreement with electricity provider Constellation for the purchase of renewable energy. A 593MW solar PV plant will be built by […] Read more
Direct Benefit Transfer: State Saves 33 MU of Power in Agriculture Sector Updated On Wed, Aug 10th, 2022 by Saurenergy In Srikakulam district of Andhra Pradesh, a trial programe for the Direct Benefit Transfer (DBT) program for agricultural energy connections was begun around a year ago. During the 2020–21 financial year, the 26,083 agricultural connections used around 101 million units of power. Since the program was introduced, the number of connections have climbed to 28,393 […] Read more
Torrent Power Q1 FY23: Profit Sees Two-Fold Surge Updated On Tue, Aug 9th, 2022 by Saurenergy Leading Ahmedabad-based power player Torrent Power Limited has released its Q1 FY-23 results. For the April to June quarter (Q1) of the current financial year, the company’s consolidated net profit increased by more than 140% to Rs 502.01 crore from Rs 207.78 crore in the equivalent quarter of the previous financial year 2021–22. The revenue […] Read more
