O2 Power Steps up Supply to Dr. Reddy’s Laboratories with 17.82 MW Solar, 27 MW Wind Updated On Thu, Jul 20th, 2023 by Saurenergy Renewable energy platform, O2 Power has stepped up its renewable energy agreement with Dr. Reddy’s Laboratories, a leading multinational pharmaceutical firm. The initial agreement paved the way for the supply of 15 MW of renewable power from O2 Power’s plants in Telangana. This has now been augmented to an additional 17.82 MW of solar capacity […] Read more
SECI & GUVNL Sign Battery Energy Storage Supply Agreement for 150 MW/300 MWh Updated On Mon, Jul 3rd, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) has entered into an agreement with Gujarat Urja Vikas Nigam Ltd (GUVNL). The BESSA (Battery Energy Storage Supply Agreement) signed between the two firms is for 150 MW/300 MWh. The agreement was signed at Vadodara. SECI has been frequently been issuing tenders for solar projects that entail BESS […] Read more
Tata Power Issues Tender for 225 MW Solar-Wind Hybrid Projects Updated On Tue, Jun 27th, 2023 by Saurenergy Tata Power Company Limited has issued a tender for the supply of 225 MW wind-solar hybrid power. This will be on long term basis via competitive bidding. The selected bidder will be responsible for the development and procurement of 225 MW grid connected intrastate and interstate wind-solar hybrid power projects with a greenshoe option of […] Read more
SECI Announces NIT for 800 MW RTC Power For Haryana Updated On Mon, Jun 26th, 2023 by Saurenergy SECI (Solar Energy Corporation of India) has revealed its intention for the procurement of RTC power (Round-the-Clock) from renewable energy projects for an aggregate capacity of 800 MW, meant primarily for Haryana discoms. The projects will be set up on “Build Own Operate” (B-O-O) basis. Towards this, SECI shall enter into a Power Purchase Agreement […] Read more
SKF Signs VPPA with Enel to Power One-Third of its European Operations Updated On Fri, Jun 23rd, 2023 by Saurenergy A firm that delves into industrial sustainability, SKF has signed a Virtual Power Purchase Agreement (VPPA) with Enel. The long-term agreement, forged with global energy company Enel, will enable SKF to purchase guarantees of origin from Enel’s forthcoming solar project in Spain over 15 years. The purchased guarantees of origin will match the electricity consumption […] Read more
NHPC Looks to Select Solar Power Developer for 3 GW ISTS-Connected Solar Projects Updated On Thu, Jun 22nd, 2023 by Saurenergy Hydropower development firm, NHPC (National Hydro Electric Power Corporation) has issued a tender for the selection of Solar Power Developer for setting up of 3000 MW (3 GW) ISTS (Inter State Transmission System) connected solar power projects anywhere in India. After conclusion of the bidding process, NHPC shall enter into Power Purchase Agreement (PPA) with […] Read more
Southeast Asian Power Market On A Liberalisation Spree: Report Updated On Thu, Jun 15th, 2023 by Saurenergy The recent Global Market Outlook report on solar power by Intersolar Europe and Global Solar Council claimed that several countries in the Southeast Asian market are on a liberalization spree to reform their power sector. These reforms aimed to boost the production of renewable energy and its use to cater to the power needs of […] Read more
SECI Signs PSA With GRIDCO To Provide 600 MW Of Wind Power To Odisha Updated On Fri, Jun 9th, 2023 by Saurenergy The Solar Energy Corporation of India Limited (SECI), has signed a Power Sale Agreement (PSA) with Odisha’s state utility GRIDCO. GRIDCO is the state government’s nodal agency for dealing with the bulk transmission of power in the state. Under the agreement, GRIDCO will purchase 600 Megawatt (MW) of wind power from SECI under Tranche – […] Read more
RE Projects With No PPAs, Made For Power Exchanges- CFD could Make It Possible Updated On Fri, Jun 9th, 2023 by Saurenergy In an announcement that could potentially change the landscape of renewable energy projects, the way they are procured and the flexibility, freedom enjoyed by developers and generators in the industry, new renewable energy projects can now be sold on power exchanges exclusively. Traders and project developers will interact directly for contracting supplies from these projects. […] Read more
