Ministry of Power Modifies Rules for Purchasing RTC Renewable Energy Updated On Fri, Sep 9th, 2022 by Saurenergy The parameters for the tariff-based competitive bidding process to purchase round-the-clock (RTC) power from grid-connected renewable energy projects have been amended, according to the Ministry of Power (MoP). Under Section 63 of the Electricity Act of 2003, these regulations were first released in July 2020. The current amendment permits producers of renewable energy to combine […] Read more
Boviet Solar & Origis Energy Upgrade Agreement to Over 1.1 GW Updated On Thu, Sep 8th, 2022 by Saurenergy Vietnam-based Boviet Solar Technology, a leading global solar energy technology company, has signed an additional purchase order for more than 400 Megawatts of solar capacity with Origis Energy, one of America’s largest solar and energy storage developers. Together with the original 700 MW agreement signed in July this year, the partnership now covers 1.1 GW […] Read more
SJVN Eyes 5000 MW Solar Power Projects in Punjab Updated On Mon, Sep 5th, 2022 by Saurenergy State-owned Satluj Jal Vidyut Nigam (SJVN), which has emerged as a pioneer in the development of renewable energy in India, is eyeing the development of about 5000 MW of green energy in the state of Punjab. In a recent move, SJVN’s Chairman & Managing Director Nand Lal Sharma met Bhagwant Mann, the Chief Minister of […] Read more
Tata Power Delhi Distribution Invites RFS for 255 MW of Hybrid Projects Updated On Fri, Sep 2nd, 2022 by Saurenergy Tata Power Delhi Distribution (TPDDL) has invited a request for selection (RfS) for the setting up of 255 MW wind-solar hybrid power projects with a greenshoe option for an additional 255 MW across India. The projects will be developed using a build-own-operate model. Out of the total 255 MW project capacity, Tata Power-DDL needs 85 […] Read more
Botswana Power Corporation Awards Scatec ASA First Large Scale Solar Contract Updated On Fri, Sep 2nd, 2022 by Saurenergy Norway-based renewable energy leader Scatec has said that it has signed a binding 25-year power purchase agreement (PPA) with and the Botswana Power Corporation (BPC) for the construction of a solar PV facility with a contracted capacity of 50 megawatt. The solar facility will be set up in Selibe Phikwe, a former mining town located […] Read more
Syngene Seeks 100% Green Energy With Another Green PPA With O2 Power Updated On Mon, Aug 29th, 2022 by Saurenergy Contract research and manufacturing firm Syngene International has announced that it has inked a pact to acquire an equity stake up to 26 per cent in O2 Renewable Energy II. The stake is picked up to maintain the captive status of the renewable energy project that O2 power will set up, as per regulatory norms […] Read more
O2 Power Acquires Emmvee Group’s Solar Plant Portfolio of 55 MW Updated On Thu, Aug 25th, 2022 by Saurenergy Delhi-based renewable energy producer, O2 Power has announced the acquisition of several solar power plants from Bangalore-based solar modules manufacturer Emmvee Photovoltaic Power. According to the company, these plants are located in Karnataka and Telangana and have a combined installed capacity of 55MW. A portion of this capacity is used to power state DISCOMs, and […] Read more
IEEFA Study Makes Case For More Trading, Larger Power Pooling To Cut Costs Updated On Thu, Aug 25th, 2022 by Saurenergy The transition to a resilient electricity grid with increasing amounts of cheaper, variable renewable energy will require reforms to the scheduling and dispatch of power, some of which can potentially help electricity distribution companies (DISCOMS) save billions of dollars, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). “India added […] Read more
Danish Power Company Ørsted Extends 100% RE Target To All Suppliers Updated On Fri, Aug 12th, 2022 by Saurenergy Leading Danish power company Ørsted has asked all its suppliers to use 100% renewable electricity by 2025 and claims to be the first energy company in the world to do so. The action is aimed toward realizing 2040 net-zero target. As per the official statement, Ørsted has reduced its scope 1 and 2 emission intensity […] Read more
