Maha, NTPC to set up ultra-mega 2500-MW solar power park Updated On Fri, Apr 8th, 2022 by Saurenergy The Maharashtra State Power Generation Co (MAHAGENCO) and National Thermal Power Corporation (NTPC) will form a joint venture to set up an “ultra-mega solar park” in the state to generate 2,500 MW green power, officials said here on Thursday. The Rs 1,727-crore project proposal, kickstarted in 2020, was approved by the state Cabinet presided over […] Read more
RUMSL Tenders For 750 MW Wind-Solar Hybrid In Madhya Pradesh Updated On Fri, Apr 8th, 2022 by Saurenergy Rewa Ultra Mega Solar Limited, (RUMSL), the JV between SECI and the Madhya Pradesh Urja Vikas Nigam Limited (MPUVN) has come out with a fresh tender on behalf of Madhya Pradesh Power Management Company Limited. The new tender for hybrid wind+solar bids amounting to 750 MW is the largest such tender from the body since […] Read more
Ingka Group (IKEA) Acquires 9 Solar Power Projects in Europe for €340 Million Updated On Thu, Apr 7th, 2022 by Saurenergy Sweden-based Ingka Group, which owns the majority of IKEA stores globally, has announced that it has acquired nine solar power park projects in Germany and Spain for €340 million. The combined capacity of the solar projects comes to 440 MW. The Ingka Group solar has acquired the portfolio from solar power developer ENERPARC. Four solar power projects […] Read more
Honda, GM Come Together to Roll Out Affordable EVs from 2027 Updated On Wed, Apr 6th, 2022 by Saurenergy Global auto giants Honda Motor and General Motors have announced that they will collaborate to develop affordably priced electric vehicles and enable global production of millions of EVs starting in 2027, including compact crossover vehicles by leveraging technology, design and sourcing strategies of the two companies. The idea is to find economies of scale and lower […] Read more
Portugal’s floating solar energy auction sets world record negative price Updated On Wed, Apr 6th, 2022 by Saurenergy Portugal’s first auction of rights to build and operate floating solar plants on the surfaces of its reservoirs set a world record low price of minus 4.13 euros per megawatt hour for future output, the environment ministry said on Tuesday. The government assigned rights to install floating panels with capacity to convert sunlight into 183 […] Read more
“Land is governed not only by ownership but also by the nature of ownership on record and on the ground” Updated On Mon, Apr 4th, 2022 by Saurenergy When it comes to renewable projects in India, one of most critical yet underestimated aspects remains land acquisition. Always a sensitive issue in the country, land acquisition for renewable projects can be a really tricky issue for many developers, leading to long, and expensive project delays. While local land aggregation firms and individuals have always […] Read more
SJVN incorporates new arm for clean energy business Updated On Fri, Apr 1st, 2022 by Saurenergy State-owned Satluj Jal Vidyut Nigam (SJVN) on Thursday said it has incorporated a new subsidiary for executing renewable projects. The new subsidiary, SJVN Green Energy Ltd (SGEL), shall work in the verticals of power generation from renewable sources such as solar parks, wind & hybrid projects, battery energy storage system, assets creation in wave, biomass, […] Read more
Solar Cell Imports Close to Double in First 9 Months of 2021-22: R.K Singh Updated On Fri, Apr 1st, 2022 by Saurenergy New & Renewable Energy Minister RK Singh informed Parliament that the imports of solar cells in the April-January 2021-22 period were of $3,447 million which is a huge growth from the corresponding period of the last fiscal and most imports were from China. In terms of rupees the imports will come to around Rs 26,000 […] Read more
How are national oil companies tackling energy transition: Woodmac Updated On Thu, Mar 31st, 2022 by Saurenergy Despite their scale, national oil companies (NOCs) have until now largely escaped the heavy scrutiny experienced by international oil companies (IOCs) around emissions. Partly as a consequence, the energy transition strategies of most NOCs significantly lag those of their leading IOC peers, says Wood Mackenzie. NOCs account for more than half of global oil and […] Read more
