ReNew Power Bags 200 MW of GUVNL’s 500 MW Tender; Solarcraft, Mahindra Susten, Avaada Energy Other Winners Updated On Fri, Apr 21st, 2023 by Saurenergy Gujarat Urja Vikas Nigam’s (GUVNL) tender, floated in February this year, for the supply of power from 500 MW of grid-connected solar projects (Phase XIX) has been won by ReNew Power, Solarcraft Power, Mahindra Susten, and Avaada Energy. Capacities & Tariff ReNew Solar Power bagged the highest capacity of 200 MW. It had quoted Rs 2.71 […] Read more
Sterling & Wilson Renewable Reports Rs 421 Cr Loss in March Qtr Updated On Fri, Apr 21st, 2023 by Saurenergy Renewable engineering, procurement and construction (EPC) solutions provider Sterling and Wilson Renewable Energy has released its financial results for the quarter ended March. The company clearly continues to ‘clean up’ after Reliance joined as a promoter group, with consolidated revenue having dipped 92% Y-O-Y, pegged at Rs 421.11 cr. The firm has exited businesses, contracts […] Read more
GUVNL Awards 200MW Solar Project To Avaada Energy With A Tariff Of Rs 2.75/KwH Updated On Fri, Apr 21st, 2023 by Saurenergy The Gujarat Urja Vikas Nigam Limited (GUVNL) has now awarded a 200 MW solar power project to Avaada Energy, an arm of Avaada Group. The project contract was given at a tariff of Rs 2.75 per Kilo-Watt-Hour (KwH). GUVNL awarded the project to the renewable energy company through competitive bidding, followed by an e-reverse auction. […] Read more
Wartsila Wins Contract For Delivering Australia’s Largest Energy Storage Project Updated On Thu, Apr 20th, 2023 by Saurenergy Origin Energy has selected technology group Wartsila as their preferred contractor to deliver energy storage solutions for Australia’s largest energy storage projects in the first phase. The project in its first phase has plans to have 460 Megawatt (MW) and 920 MW of energy storage systems. These Eraring batteries will be stationed at Origin’s Power […] Read more
Department Of Science & Technology Invites Bids To Establish Hydrogen Valley Innovation Cluster Updated On Thu, Apr 20th, 2023 by Saurenergy The Union government’s Department of Science and Technology (DST) has now sought an Expression of Interest (EOI) to establish Hydrogen Valley Innovation Clusters in India. The department, through the tender, has asked the interested parties to bid to prepare a Detailed Project Report (DPR) on the issue and take up the project. “The purpose of […] Read more
IFC To Back 44 MW Solar Plus Storage Malawi Project By Voltalia Updated On Thu, Apr 20th, 2023 by Saurenergy The International Finance Corporation (IFC), the private sector body of the World Bank and Voltalia, a renewable energy company have signed an agreement to arrange financing for the Dwanga Renewable Energy project at Malawi, an east African country. This project has two components which comprise 44 Megawatt (MW) of solar and power and 10 MW […] Read more
EBRD Loans $200 Million to Turkish Renewable Energy Developer Updated On Thu, Apr 20th, 2023 by Saurenergy The European Bank for Reconstruction and Development (EBRD) is providing a loan of $200 million to Turkey’s Borusan EnBW Enerji Yatirimlari ve Uretim to help the firm strengthen its financial position and invest in renewable energy sector with gender inclusion. The funds are being provided by EBRD under a syndicated structure with the Netherlands Entrepreneurial […] Read more
NTPC Floats Tender For 9,000 MWH Of ISTS-Connected Energy Storage Systems Updated On Thu, Apr 20th, 2023 by Saurenergy The National Thermal Power Corporation Renewable Energy Limited (NTPC REL) has now invited online bids from developers for a 9,000 Megawatt-Hour (MWH) of Inter-State Transmission System (ISTS)-connected energy storage solution. The tender said the plant(s) could be based anywhere in India. The minimum capacity of the same should be 1,500 MW, the tender said. NTPC […] Read more
UK Renewable Energy Developer Field Sets Sights on Multi-Gigawatt Battery Projects in Italy Updated On Thu, Apr 20th, 2023 by Saurenergy UK-based renewable energy developer Field has set sights on expanding operations into Italy. The firm is mulling over the development of a multi-gigawatt portfolio of battery storage projects across Italy. Field is looking at the acceleration of the deployment of large-scale battery storage projects in the country. The firm will look into the operation of […] Read more
