3.5 GW Solar Capacity Added in H1 of 2021 in India, Says Report Updated On Thu, Aug 19th, 2021 by Saurenergy A report by renewable energy research firm JMK Analytics says that India added 3.5 GW of solar capacity in the first six months of the financial year 2022. It places cumulative renewable capacity at 96.95 GW, a figure at variance with government claims of having hit 100 GW. Typically, these differences are accounted for by […] Read more
ReNew Power Makes First Hydro Acquisition, Adds 359 MW Acquisitions Updated On Wed, Aug 11th, 2021 by Saurenergy ReNew Power continues its strong 2021 performance with the announcement of two acquisitions of 359 MW of renewable projects. Notably, the firm has made its first Hydropower acquisition, a 99 MW project in Uttarakhand. The second project is a clutch of 260MW/330MWp solar projects in the state of Telangana According to the firm, the combined […] Read more
SECI, Renew Power Sign PPA For 400 MW RTC Tender Won In 2020 Updated On Mon, Aug 9th, 2021 by Saurenergy ReNew Power has announced the signing of a Power Purchase Agreement (PPA) for Round-The-Clock (RTC) electricity supply, the first-of-its-kind in India. The PPA was signed with the Solar Energy Corporation of India (SECI) ReNew had won the bid to supply Round-The-Clock power in 2020 through an auction conducted by SECI. As per the contract, ReNew […] Read more
CESC To Serve Chandigarh Power Needs, As It Wins Distribution License For the UT Updated On Thu, Aug 5th, 2021 by Saurenergy In a stock exchange filing, CESC Limited has informed that Eminent Electricity Distribution Ltd , its subsidiary has placed the highest bid of ₹871 crore to acquire the electricity distribution business for Chandigarh. CESC is the key discom for Kolkata already, besides some other circles. The bid was invited by Chandigarh’s engineering department as part […] Read more
ReNew Signs MoU with RackBank to Power India’s First Hyper-scale Data Center Updated On Tue, Aug 3rd, 2021 by Saurenergy Gurgaon-headquartered renewable energy company, ReNew Power today announced the signing of a Memorandum of Understanding (MoU) with RackBank Datacenters Limited (RackBank) to provide power through 100% renewable energy. RackBank is a data center platform providing data center services including but not limited to dedicated servers, managed servers, and colocation services. ReNew will supply power generated […] Read more
Rihand Floating Solar Project Hobbles Ahead, With UPERC Approval On Tariffs Updated On Tue, Aug 3rd, 2021 by Saurenergy Plans for a floating solar project, totaling 150 MW on the Rihand reservoir (linked to Rihand Dam) have finally crossed an important milestone, with the UPERC (Uttar Pradesh Electricity Regulatory Commission) finally approving the same, although not without some mild admonitions to SECI. The order was dated July 30, 2021, and uploaded later to the […] Read more
$150 Billion Green Deals in India by 2030 Updated On Thu, Jul 29th, 2021 by Saurenergy International investors expect $150 billion green deals in the Indian Renewables Energy sector by 2030. The money would be a function of both capacity additions in the market as well as trading between players. India’s renewables growth has been in the eyes of international investors and bankers and they are seeking green deals in the […] Read more
SECI Gets Bids Over 10 GW for Rajasthan 1785 MW Tender Updated On Thu, Jul 22nd, 2021 by Saurenergy Continuing the strong trend observed across all significant tenders since the last quarter, a source at SECI confirms that they have seen a very strong response to the tender for 1785 MW solar projects in Rajasthan. Without confirming the final list, the source tells us that bids have been received for almost 10 GW, and […] Read more
Tata Power, Azure Win MSEDCL Hybrid Tender With Rs 2.62 Bid Updated On Mon, Jul 12th, 2021 by Saurenergy Tata Power (TP Saurya Limited) and Azure Power have edged out RenEw Power to win the Hybrid MSEDCL tender for wind and solar combined. The winning bidders came in with bids at Rs 2.62, a paisa lower than RenEw Power’s Rs 2.63 bid. The tariff is less than 10 percent higher than the one discovered […] Read more
