Repsol Signs RE Purchase Agreement with Microsoft Updated On Wed, Jun 12th, 2024 by Saurenergy Repsol will supply Microsoft renewable electricity after reaching an agreement for a combined six long-term virtual power purchase agreements (VPPAs). These 12-year supply agreements are linked to three wind farms and three solar plants in Spain with a total installed capacity of 230 MW that will be operational by December 2025. This deal adds to existing power […] Read more
Qatar Plans To Increase Its Renewable Capacity To 18% By 2030 Updated On Mon, Apr 29th, 2024 by Saurenergy The Qatar General Electricity and Water Corporation “Kahramaa” recently shared its plans to launch its Qatar National Renewable Energy Strategy (QNRES). Qatar is one of the leading exporters of Liquified Natural Gas (LNG) and relies heavily on thermal sources of energy to cater its electricity demands. As per the strategy prepared by the authority, it has […] Read more
Renewable Power Capital Inks Deal With P&G For 140 MW Sweden Wind Farm Updated On Fri, Apr 26th, 2024 by Saurenergy Renewable Power Capital (RPC) and Procter & Gamble have signed a 10-year Power Purchase Agreement (PPA) for more than 90% of the electricity generated by the 140MW Sörlidberget onshore wind farm in Sweden, corresponding to an expected 400 GWh per annum of green electricity. According to Renewable Power Capital, Sörlidberget forms part of RPC’s 553MW […] Read more
SECI Issues Bid For 1260 MW Of ISTS-Connected RE Projects Updated On Fri, Sep 15th, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) today issued a tender seeking developers for proposed 1260 Megawatt (MW) of firm and dispatchable renewable power in India. The central authority has planned to develop this project under the Inter-State Transmission Systems (ISTS). The last day to submit the bid is November 10 whereas the hard copy […] Read more
Govt Releases Norms for Tariff-Based Bidding Process for RE Power with Storage Updated On Tue, Jun 13th, 2023 by Saurenergy The Ministry of Power recently released a set of guidelines for a tariff-based competitive bidding process for procuring firm and dispatchable power from grid-connected renewable energy power projects with energy storage systems. The document defined renewable power as solar generating systems, wind energy generating systems, or a combination of both, with Energy Storage Systems (ESS). It also […] Read more
Bihar Counts On Lower Renewable Energy To Surrender 854 MW Thermal Power Allocation Updated On Mon, May 8th, 2023 by Saurenergy In an interesting move, the Bihar State Power Holding Company Limited (BSPHCL) has chosen to surrender 854 MW of the state’s central allocation of thermal power. In doing this, the state firm is counting on both its right to exit PPA’s that are over 25 years old, and the possibility of cheaper renewable energy to […] Read more
Google Signs Agreement with Sol Systems for Solar Energy at its Campuses Updated On Fri, Mar 10th, 2023 by Saurenergy American multinational technology firm Google has signed a pact with US solar energy firm Sol Systems to help power up its campuses in North and South Carolina with solar energy. The statement called the pact a “unique renewable energy procurement and investment strategy” facilitating the development of new solar energy projects that also help provide […] Read more
Siemens to Supply Electrolyzers to E-Fuels Maker HIF Global Updated On Fri, Mar 10th, 2023 by Saurenergy Global e-fuels company HIF Global and Siemens Energy have reached an agreement that will allow Siemens Energy to expand its electrolyzer manufacturing capacity beyond its previously announced plans. This agreement will assist HIF Global in obtaining sufficient capacity for the HIF Matagorda eFuels Facility in Texas. The Siemens Energy electrolyzers will aggregate an expected capacity […] Read more
American DISCOM AEP to Sell Over 1.3 GW of Renewable Portfolio Updated On Thu, Feb 23rd, 2023 by Saurenergy Just as America is expanding the renewable power to spearhead the global drive to combat climate change, Columbus based American Electric Power (AEP) has entered into an agreement to sell its 1,365-megawatt (MW) unregulated, contracted renewables portfolio to IRG Acquisition Holdings at an enterprise value of $1.5 billion including project debt. IRG Acquisition Holdings is […] Read more
