CERC Sees Merit In SECI Plea Against Adani Green For 50 MW Wind Project Delay Updated On Wed, Aug 31st, 2022 by Saurenergy The Petition Adani Green has petitioned Solar Energy Corporation of India Limited (SECI) seeking extension of Scheduled Date of Commissioning (SCoD) of a project from January 3, 2020 to March 5, 2020 without the levy of liquidated damages by the respondent. The second respondent to the petition is Punjab State Power Corporation Limited (PSPCL), the […] Read more
Denmark, Germany to Develop Bornholm Energy Island of 3 GW Updated On Tue, Aug 30th, 2022 by Saurenergy The Danish Government has said that it will increase the energy producing capacity at the Bornholm Energy Island in the Baltic Sea by 1 GW (increasing it from 2 GW to 3 GW) and the power will be transferred to the German grid. This is happening because the government has signed two political pacts taking […] Read more
JSW Renew Energy Wins Big SECI Tender for BESS Updated On Sat, Aug 27th, 2022 by Saurenergy In a major development, JSW Renew Energy Five Limited, a special purpose vehicle of JSW Energy- is amongst India’s leading private sector power producing companies, has won a battery storage auction by SECI (Solar Energy Corporation of India). The auction was for the establishment of pilot projects entailing 500MW/1000 MWh standalone BESS (Battery Energy Storage […] Read more
Avaada Group Signs MoU with Rajasthan Govt for Green Ammonia Plant Updated On Thu, Aug 25th, 2022 by Saurenergy Avaada Group, a Noida-based integrated energy enterprise, signed a Memorandum of Understanding with the Department of Industries and Commerce, Government of Rajasthan, on August 24. Through this collaboration, Avaada Group will set up a green ammonia facility and a renewable energy power plant in Kota, Rajasthan. According to the company, the MoU signed as part of […] Read more
India Has Potential For Another 23.7 GW of Clean Energy by 2026: GWEC Updated On Thu, Aug 25th, 2022 by Saurenergy The Global Wind Energy Council (GWEC) and MEC Intelligence have launched a report on “Renewing Wind Growth to Power the Energy Transition: India Wind Energy Market Outlook 2026”. This third annual edition looking at the wind energy outlook in India highlights wind energy’s critical link to India’s green energy transition. The outlook suggests that the […] Read more
Marsh Launches Insurance Facility For Green & Blue Hydrogen Project Risks Updated On Wed, Aug 24th, 2022 by Saurenergy Global insurance broker and risk advisor Marsh has announced the launch of a first-of-its-kind insurance and reinsurance facility that provides dedicated insurance capacity for new and existing green and blue hydrogen energy projects. Marsh said that the facility is developed by the company in collaboration with insurers Liberty Specialty Markets and AIG. The facility provides […] Read more
Norway’s Norfund Commits Investment In Solar Energy Project in Rajasthan Updated On Tue, Aug 23rd, 2022 by Saurenergy The Norwegian Climate Investment Fund has said that it has entered into an agreement to take a 49% stake in a 420 MW solar power plant in Rajasthan, India, that is developed by Italy-based energy provider, Enel. With the investment, Norfund has within a short time put a total of NOK 1.8 billion to work […] Read more
Estonia’s Eesti Energia Evaluating €1.5 Billion Investment in Renewable Energy Updated On Tue, Aug 23rd, 2022 by Saurenergy Estonia’s government-owned power producer Eesti Energia is evaluating to invest €2.5 billion over a period of five-years in power generation business. The company officials said that out of the total investment, €1.5 billion is marked for the development of wind and solar parks in Ida-Viru County upto 2026. Estonia is among the European countries that […] Read more
Tata Power Renewable Microgrid & SIDBI To Form Green Enterprises For Rural Entrepreneurs Updated On Mon, Aug 22nd, 2022 by Saurenergy To commemorate the Azadi Ka Amrit Mahotsav, Tata Power Renewable Microgrid Limited (TPRMG), a wholly owned subsidiary of Tata Power and Small Industries Development Bank of India (SIDBI), have joined hands to launch an innovative program that will see 1,000 green energy enterprises established throughout the nation. The Government of India’s vision of Atmanirbhar Bharat will […] Read more