News Brief May 13 – Vesper Energy, Meta Solar Deal, UK Solar Farm Updated On Mon, May 13th, 2024 by Saurenergy US-based Vesper Energy Sells Assets To Fortune 500 Energy Company Vesper Energy, a developer, owner, and operator of utility-scale renewable energy assets including solar farms, has sold its 100MW Deer Creek Renewable Energy project to an unnamed Fortune 500 energy company. Meta, Solarpack Collaborate on Solar Projects to Power Data Center in Indiana Meta and […] Read more
ReNew Contracts 5 PPAs Worth 2.2 GW, 438 MW Corporate PPA Updated On Fri, May 10th, 2024 by Saurenergy Underlining its continued progress with key objectives like a larger portfolio and inroads into the corporate PPA market, ReNew, one of India’s leading renewable energy companies, has announced the signing of five Power Purchase Agreements (PPAs) totaling ~2.2 GW of RE capacity. These significantly expand its fully contracted renewable energy portfolio that now stands at […] Read more
Greece-Based Electric Utility Firm To Develop 2GW Solar Farm In Europe Updated On Mon, Apr 15th, 2024 by Saurenergy European Electric Utility firm PPC Group and Greek metal company MYTILINEOS Energy & Metals have announced that they have signed a Cooperation Framework Agreement (CFA) for the development and construction of a portfolio of solar projects up to 2000MW in Italy, Bulgaria, Croatia, and Romania. According to a media statement by PPC Group, the value […] Read more
IOCL Floats Tender For Multiple Solar PV Projects Across India Updated On Fri, Apr 12th, 2024 by Saurenergy Indian Oil Corporation Limited (IOCL) has released a tender for rooftops and spare land at various locations spread all over India for the installation of Solar Photo Voltaic (SPV) Plants and to maximise production and utilization of Renewable Energy through these SPV Plants. The IOCL company invited applications by Expression of Interest document, (EoI). It […] Read more
GUVNL Invokes Greenshoe Option For 880 MW Grid-Connected Solar Projects Updated On Thu, Mar 28th, 2024 by Saurenergy Gujarat Urja Vikas Nigam Limited (GUVNL) has announced its plans to secure 500 MW of power from grid-connected solar photovoltaic (PV) projects. GUVNL has floated the tender for the purchase of power from 500 MW Grid Connected Solar Photovoltaic Power Projects to be set up/under construction/already commissioned projects anywhere in India with Greenshoe Option of […] Read more
As March 31 Deadline Looms, ALMM Set To Rule Again Updated On Wed, Mar 27th, 2024 by Saurenergy Any hope developers might have had of the kind of exemptions the MNRE provided (before withdrawing them within a week) seem to be evaporating as the fiscal year deadline approaches. Readers will recall that the Approved List of Module Manufacturers(ALMM) requirement has been used as an effective non-tariff barrier by the government to support domestic […] Read more
UK-Based Statera Secures 670MW Contracts in Auctions Updated On Fri, Mar 22nd, 2024 by Saurenergy In the latest Capacity Market auctions, UK-based Statera has provisionally secured contracts for 670MW of capacity commencing in October 2027, at a record T-4 clearing price of £65/kW. The Capacity Market ensures the UK’s security of electricity supply by guaranteeing the availability of sufficient backup power, stated a press release by Statera As per a […] Read more
Neoen Wins 119 MWp Solar Projects In France Updated On Tue, Mar 12th, 2024 by Saurenergy France-based renewable energy company NEOEN has announced that it has been awarded 119 MWp of solar projects in the latest call for tenders held by the French government’s Energy Regulation Commission (CRE). With seven projects ranging from 5 to 30 MWp, Neoen ranks second in terms of capacity awarded in this session and remains, with […] Read more
CIL, RRVUNL Sign MoU for 4100 MW Power In Rajasthan Updated On Tue, Mar 12th, 2024 by Saurenergy Coal India Limited (CIL) signed a Memorandum of Understanding (MoU) with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) for the exploration and execution of 4,100 MW capacity power projects on March 10. The proposed electricity generation by CIL would be through a mix of coal-fired thermal power plants, solar projects, pump storage plants and wind […] Read more
