Could PSPCL Overcome Financial Strife With Solar Deals? Updated On Thu, Jan 11th, 2024 by Saurenergy Punjab State Power Corporation Limited (PSPCL), the primary state discom that has been mired in losses due to a variety of reasons, seems to have latched on to solar power to extricate itself from some of the losses. Readers wouldn’t have failed to notice the higher frequency of solar tenders from the state entity in […] Read more
ReNew Signs Contract To Sell 300 MW Solar Project With $199mn Valuation Updated On Mon, Jan 8th, 2024 by Saurenergy Indian renewable energy company ReNew today announced that it has signed a Share Purchase Agreement with India Grid Trust to sell a 300 MW solar project in Rajasthan – ReNew Solar Urja Private Limited – for a total enterprise value of $199 million. The transaction is expected to close in accordance with PPA conditions. Approximately […] Read more
First Solar Signs PPA With Cleantech Solar To Procure 150 MW Facility Updated On Thu, Jan 4th, 2024 by Saurenergy First Solar, an American solar technology company entered into a 15-year, captive Power Purchase Agreement (PPA) with Cleantech Solar, a renewable energy solutions provider operating in India and Southeast Asia, the firm said. Under the agreement, Cleantech Solar will construct 150 megawatts (MW) of photovoltaic (PV) solar and 16.8 MW of wind-generating assets in Tamil […] Read more
SECI Issues Tender For 1500 MW Of ISTS-Linked Solar Projects Updated On Tue, Jan 2nd, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has issued a tender seeking developers to establish solar-generating projects for the Inter-State Transmission System (ISTS). The central entity sought the tender under the tariff-based competitive bidding mode. As per SECI’s mandate, the developers would develop the projects under Build Own Operate (BOO) basis for an aggregate capacity […] Read more
ESMAP, World Bank Report Make Case For Energy-Plus Storage In India Updated On Fri, Dec 29th, 2023 by Saurenergy A recent report from the World Bank on energy storage program, introduced a framework for addressing intermittency challenges in solar and wind energy. The proposed solution involves integrating battery energy storage to manage variable energy output effectively. This report is by the Energy Management Assessment Program (EMAP) in collaboration with the World Bank (WB), the […] Read more
Suzlon Secures 300 MW Order For Its 3 MW Turbines From Apraava Energy Updated On Thu, Dec 28th, 2023 by Saurenergy Indian Wind Energy company Suzlon Group today announced a new order win for the development of a 300 MW wind power project for Apraava Energy Private Limited. Suzlon will install 100 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3 MW each at the client’s site in […] Read more
Hinduja Renewables & SJVN Among Winners in GUVNL’s 500 MW Solar Tender Updated On Wed, Dec 27th, 2023 by Saurenergy SJVN has secured a 100 MW solar power project through e-reverse auction conducted by Gujarat Urja Vikas Nigam Limited (GUVNL). The firm bagged the quoted capacity of 100 MW solar project at the tariff of ₹2.63/unit on Build Own and Operate basis through a tariff based competitive bidding process of GUVNL. Hinduja Renewables has won […] Read more
JSW Energy Initiates Commissioning of SECI-IX Wind Project of 810 MW Updated On Wed, Dec 27th, 2023 by Saurenergy JSW Renew Energy Limited, a subsidiary, of JSW Energy Limited has started phase-wise commissioning of the 810 MW ISTS-connected wind power project. This project was awarded under SECI tranche IX in Tamil Nadu with commissioning of the first phase of 51 MW. The project has a power purchase agreement with Solar Energy Corporation of India […] Read more
Adani Green Concludes PPA For Entire 8GW Manufacturing-Linked SECI Tender Updated On Mon, Dec 25th, 2023 by Saurenergy Adani Green Energy Ltd (AGEL) has announced the execution of power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) to supply 1,799 MW of solar power. With the signing of this balance PPA, AGEL has completed the power offtake tie-up for the entire 8,000 MW manufacturing-linked solar tender awarded to it by […] Read more
