Grid Solutions (GE) to Help ReNew Power to Develop Renewable Energy Zones in India Updated On Thu, Apr 7th, 2022 by Saurenergy Grid Solutions business of the US-based General Electric (GE) has said that the company has entered into a multi-million dollar contract with Renew Power Pvt Ltd – one of the leading renewable energy players in India – to build two 400 kV substations in Karnataka. The work will be a part of the plan to […] Read more
IEX March’22 Update-Green Trading Contracts, High Avg. Solar Prices Of Rs 5.64/unit Updated On Wed, Apr 6th, 2022 by Saurenergy The Indian Energy Exchange (IEX) achieved 9,605 MU volume in March’22 comprising 8,702 MU in the conventional power market, 392 MU in the Green Power Market and 511 MU (5.11 lac Certificates) in the REC Market registering 16% YoY volume growth across all market segments. The volumes in the Green Power market as well as […] Read more
India will need $12.4 trillion to meet long term net zero goals: Report Updated On Wed, Apr 6th, 2022 by Saurenergy India will require $12.4 trillion to transition to net zero and help the world in its efforts to stave off the worst of climate change, according to a latest study by Standard Chartered. It said that emerging markets, overall, would need an additional $94.8 trillion – a sum higher than annual global GDP – if […] Read more
Rajasthan HC dismisses PIL against land allotment to solar companies Updated On Wed, Apr 6th, 2022 by Saurenergy Rajasthan High Court has dismissed a PIL protesting land allotment to solar companies in Fatehgarh area and imposed a penalty of Rs 50,000 on the petitioners. A division bench comprising Justice Vinod Bharvani and Justice Sandeep Mehta issued an order on March 31 and dismissed the PIL and directed the petitioners to deposit the penalty […] Read more
PGCIL to Build Renewable Energy Management Centre in Hyderabad Updated On Wed, Apr 6th, 2022 by Saurenergy The Power Grid Corporation of India Limited (PGCIL) Chairman Managing Director K Sreekant has said that PGCIL will establish a Renewable Energy Management Centre (REMC) with 100 per cent grant of Rs 17.6 crore at Vidyut Soudha, Hyderabad. The CMD said that artificial intelligence-based forecasting and scheduling tools will be employed at the Renewable Energy […] Read more
NTPC and Gujarat Gas to Blend Green Hydrogen with PNG Updated On Wed, Apr 6th, 2022 by Saurenergy The Ministry of Power has informed that India’s leading power generator National Thermal Power Corporation (NTPC) has joined hands with Gujarat Gas Limited to undertake a novel initiative of blending ‘Green Hydrogen’ in the Piped Natural Gas (PNG) supplied by the city gas distributor. Both the companies are state owned and the blending will be […] Read more
Japanese conglomerate Mitsui to invest in ReNew Power’s RTC project Updated On Wed, Apr 6th, 2022 by Saurenergy ReNew Power on Wednesday said Japan’s trading firm Mitsui & Co will invest in the Indian firm’s round-the-clock renewable energy project aggregating 1,300 Mw and 100 MWh battery storage. ReNew Power last year signed 400 Mw round-the-clock (RTC) power purchase agreement to supply electricity to Solar Energy Corporation of India (SECI). For the 400 Mw […] Read more
April 2022 ALMM List. 10 New manufacturers, 1.2 GW Fresh Capacity Approved Updated On Wed, Apr 6th, 2022 by Saurenergy The Ministry of New And Renewable Energy (MNRE), in keeping with its regular updates to the ALMM list (Approved List of Module Manufacturers), released the newest update to the list on April 5. The updated list has 10 new manufacturers, besides an additional 100 MW capacity for Tata Power and 711 MW for Premier Energies. […] Read more
Tata Power Solar Commissions 160MW AC solar project in Rajasthan Updated On Wed, Apr 6th, 2022 by Saurenergy Tata Power Solar, a major integrated solar company and a wholly-owned subsidiary of Tata Power, has commissioned a 160MW AC solar project at Jetstar, Rajasthan. Approximately 6,75,000 numbers of monocrystalline PV modules were used in this installation and it will produce 387MUs of energy per year, an official statement said. “The Jetstar project was completed […] Read more
