Continuum Green Energy Secures $150Mn To Deploy RE Projects Across India Updated On Tue, Aug 20th, 2024 by Saurenergy Continuum Green Energy (Continuum), a leading renewable energy group in India serving commercial and industrial consumers, has entered into a definitive agreement with Just Climate. Under this agreement, Just Climate will invest Rs. 12.56 billion (approximately US$ 150 million) in new equity to support Continuum’s ongoing deployment of wind-solar-hybrid energy generation and storage projects across […] Read more
Is Community Solar A Key Piece In India’s Clean Energy Strategy? Updated On Tue, Aug 20th, 2024 by Saurenergy India’s ambitious renewable energy targets highlight a promising model for democratizing access to clean energy—community solar. Despite the global momentum and success stories, community solar has faced hurdles in gaining traction within India. With existing financial support for various clean energy schemes, the path from concept to a widespread adoption has not been smooth in […] Read more
Highview Power Awards Contract To Epcogen To Build LAES facility Updated On Tue, Aug 20th, 2024 by Saurenergy AXISCADES Technologies, a technology and engineering solutions provider, through its subsidiary Epcogen, was awarded a long-term contract by Highview Power Limited, a British energy storage technology producer. Highview Power is a developer of long-duration energy storage technology from renewable sources. Highview Power, which specializes in liquid air energy storage (LAES), has raised capital to establish […] Read more
Inox Wind To Scale Up Executions With A New ‘Net Cash Positive’ Tag Updated On Tue, Aug 20th, 2024 by Saurenergy Bolstered by a recent infusion of Rs 900 crores from its parent company, Inox Wind Energy Limited (IWEL), Inox Wind, an Indian wind energy company, is now poised to accelerate its execution pace. The company’s top management recently discussed the increase in its order book. In the latest investors’ call, Devansh Jain, Executive Director of […] Read more
APTEL Accepts SGD As Change In Law, Relief Likely For Developers Updated On Tue, Aug 20th, 2024 by Saurenergy In a case that involved a bunch of similar petitions from developers in Rajasthan executing projects worth 950 MW, and another batch in Andhra Pradesh involving projects worth 750 MW, the Appellate Tribunal for Electricity, has provided some measured relief for the developers involved. The petitions bunched together by the APTEL bench involved the acceptance […] Read more
A 15% Dip In BESS Costs Can Halt New Coal Power Growth: EMBER Updated On Tue, Aug 20th, 2024 by Saurenergy A new modelling by the global think tank Ember and TERI highlights the crucial role of declining Battery Energy Storage System (BESS) project costs. This analysis underscores that faster BESS cost reductions will be a key driver for an effective coal phase-down in India’s power sector. The report lays out different possible stages of a […] Read more
2GW Solar Tender: UPERC Approves Preference To Local Generators Updated On Fri, Aug 16th, 2024 by Saurenergy The Uttar Pradesh Electricity Regulatory Commission (UPERC) has now approved the plan of the state discom-UPPCL to give preference to solar power plants inside UP in case of ties. The judgement on the same came to the fore when the state discom had approached the state power regulator for deviation in the tender documents. The […] Read more
PM KUSUM: PEDA Issues Bid For Solarizing 75,000 Agricultural Pumps Updated On Fri, Aug 16th, 2024 by Saurenergy The Punjab Renewable Energy Development Agency (PEDA) has issued a tender seeking parties who can install and operate grid-connected solar pumps. Through this tender, the state nodal agency has planned to solarise 75,000 grid connected agricultural pumps through RESCO mode. These bidders will be selected through a tariff-based competitive bidding process through e-reverse auction through […] Read more
EESL, ADB Come Together To Train New Women EV Drivers Updated On Fri, Aug 16th, 2024 by Saurenergy Energy Efficiency Services Limited (EESL), a joint venture of public sector undertakings under the Ministry of Power announced the successful completion of the training program of more than 200 women drivers who have been equipped with professional driving skills in the passenger transport and the logistic sector. This also included specialized training on driving electric […] Read more
