Ministry of Power Modifies Rules for Purchasing RTC Renewable Energy Updated On Fri, Sep 9th, 2022 by Saurenergy The parameters for the tariff-based competitive bidding process to purchase round-the-clock (RTC) power from grid-connected renewable energy projects have been amended, according to the Ministry of Power (MoP). Under Section 63 of the Electricity Act of 2003, these regulations were first released in July 2020. The current amendment permits producers of renewable energy to combine […] Read more
KPI Green Energy’s 16.10 MW Hybrid Power Project to Come Up in Gujarat Updated On Wed, Sep 7th, 2022 by Saurenergy Under the 2018 Gujarat Wind-Solar Hybrid Power Policy, KPI Green Energy- a leading solar energy company in Surat, is installing green hybrid capabilities at Bhavnagar totaling 16.10 MW. According to the firm, this 16.10 MW hybrid power project will include solar energy project (10 MWdc) and wind energy project (6.10 MW ) capacity that will be […] Read more
S&P Global Launches REC Price Assessments for Brazil-India Turkey Updated On Wed, Sep 7th, 2022 by Saurenergy S&P Global Commodity Insights has announced an independent suite of price assessments for International Renewable Energy Certificates (I-RECs) in Brazil, India, and Turkey. The key objective behind the I-RECs is to provide market participants and energy consumers a higher level of transparency in the global market for valuing renewable-origin power generation. I-RECs certificates are a […] Read more
Tata Power Delhi Distribution Invites RFS for 255 MW of Hybrid Projects Updated On Fri, Sep 2nd, 2022 by Saurenergy Tata Power Delhi Distribution (TPDDL) has invited a request for selection (RfS) for the setting up of 255 MW wind-solar hybrid power projects with a greenshoe option for an additional 255 MW across India. The projects will be developed using a build-own-operate model. Out of the total 255 MW project capacity, Tata Power-DDL needs 85 […] Read more
KSEB Floats 340 MW of Solar, Wind, Hydropower Tender Updated On Fri, Sep 2nd, 2022 by Saurenergy Kerala State Electricity Board (KSEB) has floated a tender for 340 MW cumulative capacity. This tender capacity includes solar (140MW), wind (100MW), and hydropower (100 MW) on a short-term basis to meet its Renewable Purchase Obligations (RPO) which will help achieve the renewable target from November 1, 2022 to May 31, 2023. According to the […] Read more
Inox Wind Board Gives Go-Ahead to Raise Up To Rs 800 Crores Updated On Thu, Sep 1st, 2022 by Saurenergy Noida-based wind energy solution provider, Inox Wind announced recently that the Board has given the company permission to finance up to Rs 800 crore through the private placement of non-convertible preference shares to promoters. The official news release states that the money raised would go toward paying off the debt. According to Devansh Jain, executive […] Read more
Mexican Multinational Laboratory Sandia Labs Reimagines Wind Turbine Designs Updated On Mon, Aug 22nd, 2022 by Saurenergy Brandon Ennis, the technical lead for offshore wind at Sandia National Laboratories has claimed to have designed a new concept that looks to change in the installations of turbines in the offshore wind farms. Sandia Labs is a multinational laboratory based in Albuquerque, New Mexico. Sandia Labs had filed for the patent for the design […] Read more
Finland’s Taaleri Energia & Croatian Wind Energy Firm Encro To Build Wind Farm in Croatia Updated On Fri, Aug 19th, 2022 by Saurenergy In unison with Croatia’s wind energy company Encro, Finland’s renewable fund manager and developer Taaleri Energia has bought the Zadar Wind Farm in Croatia. Through this partnership, Croatia’s grid will get roughly 317 GWh of clean energy every year from 25 Nordex wind turbines, and the 111 MW wind farm located in the region of […] Read more
Tata Power-DDL Meets 100% RPO; Becomes 100% RPO Compliant Second Time In a Row Updated On Thu, Aug 11th, 2022 by Saurenergy Power utility, Tata Power Delhi Distribution Limited, a JV between the Government of India and Tata Power Company, has achieved 100% RPO compliance for the second year in succession. To meet its Renewable Purchase Obligation (RPO) for the financial years 2021–2022, the company purchased 2200 million units (MUs) of green power from renewable sources, such […] Read more
