MERC Allows Compensation To Tata Power Over Hiked GST Rates Updated On Tue, Nov 28th, 2023 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) in its latest judgement allowed compensation to Tata Power Green Energy Limited (TPGEL) on account of ‘change of law’ events. The order came to the fore when TPGEL moved the State Commission seeking compensation on account of additional expenses due to increased GST rates. TPGEL, the petitioner in the […] Read more
US May See 619 GW Of Renewable Power Between 2023-2030: Report Updated On Fri, Nov 3rd, 2023 by Saurenergy A latest report from BloombergNEF forecast a staggering 619 gigawatts (GW) of solar, wind and storage to come online between 2023 and 2030 in the United States. The report forecasts that this will raise energy capacity by 19 GW from the previous outlook. While structural constraints, such as permitting and grid connections, and a higher […] Read more
Ministry of Power Releases Guidelines For Uniform Renewable Tariff Updated On Thu, Oct 26th, 2023 by Saurenergy The Ministry of Power has now approved the procedure for implementing a Uniform Renewable Energy Tariff for the end power procurers, including discoms and open-access consumers. It will be applicable to renewable energy projects connected with the Inter-State Transmission Systems (ISTS). It comes after the Electricity (Amendment) Rules 2022 discussed the uniform renewable tariff (URET). […] Read more
Enfinity Continues Italian Conquest with 97 MW Agreement Updated On Wed, Oct 25th, 2023 by Saurenergy Italy based firm A2A Group, which supplies energy solutions, has joined hands with Enfinity Global by way of a power purchase agreement (PPA) for three of Enfinity’s solar projects in Lazio, Italy. The three projects account for a cumulative capacity of 97 MW. The agreement begins to take shape in July 2025. A2A Group is […] Read more
RUVNL To Procure 490 MW Green Power From SECI Updated On Wed, Oct 18th, 2023 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) has now approved the plan of the Rajasthan Urja Vikas Nigam Limited (RUVNL) to procure 490 Megawatt (MW) of green energy from SECI’s hybrid solar projects (solar and pumped storage system). Under the arrangement, Greenko Energies Private Limited (GEPL) will supply the energy to the discoms of Rajasthan through RUVNL. This […] Read more
NHPC Invites Bids to Select Renewable Energy Power Developers for 1500 MW Projects with Storage Updated On Mon, Oct 9th, 2023 by Saurenergy NHPC has issued a tender for the selection of renewable energy power developers for the supply of 1500 MW ‘Firm & Dispatchable’ power from ISTS connected Renewable Energy power projects coupled with energy storage system on anywhere in India basis under Tariff Based Competitive Bidding (TBCB) on BOO basis (Build-Operate-Own). It will be followed by […] Read more
SJVNL To Offer Solar Power At Rs 3.26/unit From Himachal Floating Plant Updated On Wed, Sep 27th, 2023 by Saurenergy Shimla-based SJVN Green Energy Limited is now all set to provide solar power at the rate of Rs 3.26 per unit from its 15 MW floating solar power project situated at Nagal Pond, near Neila village in the Bilaspur district of Himachal Pradesh. The Central Electricity Regulatory Commission (CERC), in its latest order, has also approved […] Read more
Southern Power Announces Acquisition of 150 MW Solar Project from Qcells Updated On Tue, Sep 26th, 2023 by Saurenergy A US based wholesale energy provider, Southern Power, has revealed that it is set to acquire its 30th solar project- the 150 MW South Cheyenne solar facility. The acquisition will be made from Qcells USA Corp. The firm is also offering EPC (engineering, procurement, construction) for the said project. It is also supplying solar modules […] Read more
O2 Power to Provide 10.65 MW Captive Solar Power to APM Terminals Updated On Mon, Sep 25th, 2023 by Saurenergy Independent Power Producer O2 Power has joined hands with Gateway Terminals India Private Limited (the Indian subsidiary of APM Terminals, one of the world’s leading terminal companies) to supply 10.65 MW worth of captive solar power from its plants in Maharashtra. The plant boasts capacity to produce 22 million kWh of electricity per year. It […] Read more
