Cabinet Approves Plan For 13 GW Of Renewable Project In Ladakh Updated On Wed, Oct 18th, 2023 by Saurenergy The Cabinet Committee on Economic Affairs, chaired by the Prime Minister, Narendra Modi, today approved the project on Green Energy Corridor (GEC) Phase-II – Inter-State Transmission System (ISTS) for 13 GW Renewable Energy Project in Ladakh. The project is targeted to be set up by FY 2029-30 with total estimated cost of Rs 20,773.70 crore […] Read more
At Least 3000 GW of Renewable Power Projects in Grid Connection Queues: IEA Updated On Wed, Oct 18th, 2023 by Saurenergy The International Energy Agency (IEA) has released a report on, ‘Electricity Grids and Secure Energy Transitions Enhancing to Support the Foundations for Building Resilient, Sustainable and Affordable Power Systems’. The report emphasises that the grid’s risk is becoming a weak link of clean energy transitions. The report suggests that a link between delays in grid […] Read more
Volvo Signs Up 1 GW Offshore Wind Project to Power Ops in Sweden Updated On Wed, Oct 18th, 2023 by Saurenergy Sweden-based renewable energy developer Eolus Vind AB has entered into an agreement with Volvo Car AB, under which, Eolus will supply energy to the carmaker from its 1 GW Vastvind offshore wind project. The plant, located off the coast of Gothenburg, will power Volvo’s Torslanda factory in western Sweden. The said project includes a battery […] Read more
NLCIL’s Andaman Solar Plant With BESS To Offer Power At Rs 6.99/unit Updated On Wed, Oct 18th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgment, approved the levelized tariff of Rs 6.99 per unit for NLCIL’s 20 MW solar power plant with a battery energy storage system (BESS) at Andaman. It contrasts the demand of Rs 7,434 per unit by NLC India Limited (NLCIL), which commissioned the project. The company had set […] Read more
SECI Invites RFS For 1000 MW Solar Projects Under Tranche XII Updated On Tue, Oct 17th, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) has issued an RfS (Request for selection) for selection of Solar Power Developers for setting up 1000 MW ISTS-connected solar PV power projects in India under Tariff-Based Competitive Bidding (SECI-ISTS-XII). The last date for submission of bids is November 20, 2023. Bid opening date is November 23, with […] Read more
New IRA Provision To Increase Access To Clean Vehicle Credits In US Updated On Mon, Oct 16th, 2023 by Saurenergy The US Treasury Department and the Internal Revenue Service (IRS) released guidance that will lower costs for consumers and help car dealers grow their businesses. They will do so by increased access to Inflation Reduction Act (IRA) credits at the point of sales for new and previously owned clean vehicles, a report says. The IRA […] Read more
Australia Set for Renewable Energy Hub with 1,200MW/2.4GWh BESS Updated On Fri, Oct 13th, 2023 by Saurenergy A new renewable energy centre is set to be established in Australia following the governmental approvals to the ‘Melbourne Renewable Energy Hub’ (MREH), the owner and developer of which is Singapore based renewables investor Equis. With the approval being received, a 1,200MW/2.4GWh two-hour duration battery energy storage system (BESS) will come up in Victoria. This […] Read more
SJVN Subsidiary Wins 100 MW RUVNL Project Updated On Fri, Oct 13th, 2023 by Saurenergy SJVN, through its wholly-owned subsidiary, SGEL has received a Letter of Award for a solar power project of 100 MW from Rajasthan Urja Vikas Nigam Limited (RUVNL). The project, to be developed in Rajasthan, has been bagged at a tariff of INR 2.62 per unit. To be developed on a B-O-O basis (Build Own and […] Read more
GameChange Solar Bags 560 MW Project In Egypt Updated On Fri, Oct 13th, 2023 by Saurenergy GameChange Solar, a global provider of solar rack solutions, has announced that it has signed a contract with CEEC-ZTPC, an engineering, procurement and construction (“EPC”) company headquartered in China with energy development projects in several countries. GameChange will supply solar tracker systems to support a 560 MW solar project in Egypt. The agreement signed between […] Read more
