Bloomberg, Ørsted Announce 15-Year PPA For Renewable Energy Updated On Fri, Jan 19th, 2024 by Saurenergy United States (US)-based clean energy developer Ørsted announced signing an 80MW power purchase agreement (PPA) with Bloomberg for renewable energy generated by the Mockingbird Solar Center, a 471 MW project currently under construction near Paris, Texas. This is Ørsted’s largest solar project in the US, as well as the company’s first project to incorporate conservation […] Read more
Adani Green FY24 Update Highlights 16% Growth In Capacity, 59% In Power Sales Updated On Tue, Jan 16th, 2024 by Saurenergy In an operational update to the stock exchanges, Adani Green Energy Limited (AGEL), the renewable energy developer arm of the Adani Group, has shared the progress it has made in the first 9 months of FY24. With a target of 45GW of operational renewable energy by 2030, which would be close to10% of India targets, […] Read more
Adani Green Concludes PPA For Entire 8GW Manufacturing-Linked SECI Tender Updated On Mon, Dec 25th, 2023 by Saurenergy Adani Green Energy Ltd (AGEL) has announced the execution of power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) to supply 1,799 MW of solar power. With the signing of this balance PPA, AGEL has completed the power offtake tie-up for the entire 8,000 MW manufacturing-linked solar tender awarded to it by […] Read more
EU Witnessed Signing 7.1GW Of PPAs Till September 2023: EY Report Updated On Wed, Nov 22nd, 2023 by Saurenergy A report by Ernst & Young (EY) provided an update on the Renewable Energy Countries Attractiveness Index (RECAI), focusing specifically on offshore wind energy. According to the report, India maintained its 16th position, consistent with the previous year. India’s technological standing in Concentrated Solar Power (CSP) is noted at 34.3, while solar Photovoltaic (PV) is […] Read more
SJVN Calls Bids for 1500 MW ISTS Connected Solar Projects Updated On Fri, Nov 3rd, 2023 by Saurenergy SJVN has issued a tender inviting bids from solar power developers for the establishment of 1.5 GW of interstate transmission grid (ISTS) connected solar power projects on a build-own-operate basis anywhere in India. SJVN will enter into a 25-year power purchase agreement (PPA) with the bidders who emerges successful. Power procured by SJVN from these […] Read more
SGEL Bags 18 MW Solar Project for Bhakra Beas Management Board Updated On Mon, Sep 11th, 2023 by Saurenergy A wholly owned subsidiary of SJVN, SJVN Green Energy Limited (SGEL) has entered into a power purchase agreement (PPA) with Bhakra Beas Management Board (BBMB). The PPA will pave the path for SGEL to develop an 18 MW solar project for BBMB. The project is scheduled for commissioning in August next year. In the first […] Read more
SECI Invites Bids for 500 MW Firm & Dispatchable Power from Renewable Energy Projects Updated On Fri, Sep 1st, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) has issued an RFS for 500 MW firm and dispatchable power from ISTS-connected Renewable Energy (RE) power projects. SECI will select renewable energy power developers for the supply of 500 MW firm and dispatchable power on demand-following basis from ISTS-connected RE projects in India. Land and connectivity shall […] Read more
Top 5 Takeaways From Global Q2 Renewables Report Updated On Wed, Jul 26th, 2023 by Saurenergy The latest Global Renewable Market Update for Q2 by Edison Energy has shed light on the changing dynamics of the renewable energy market in the United States (US) and European Union (EU). The report discussed the price transition of renewable energy Power Purchase Agreements (PPAs) in these two regions. Following are the five top takeaways […] Read more
Adani Green Wins Battle At TNERC With Tangedco On Tariff Applicability Updated On Mon, Jul 24th, 2023 by Saurenergy In an order dated July 20, the Tamil Nadu Electricity Regulatory Commission (TNERC) has ruled in favour of Kamuthi Renewable Energy Ltd., a subsidiary of Adani Green Energy Limited in a case involving a dispute with TANGEDCO on the applicable tariff for a 75 MW project at Kamuthi. Tangedco, in an order September 2016, had […] Read more
