GRIDCO Will Buy 200MW Solar Power from NTPC Updated On Tue, Apr 19th, 2022 by Saurenergy Grid Corporation of Odisha (GRIDCO), a public sector undertaking of Odisha State Government has signed a Power Sale Agreement (PSA) with National Thermal Power Corporation (NTPC) in Bhubaneswar for the purchase of clean energy. The official statement of GRIDCO reads that under the Power Sale Agreement, GRIDCO will procure 200 MW of solar power at […] Read more
JSW Energy Begins Work at 225 MW Solar Power Project in Karnataka Updated On Fri, Apr 8th, 2022 by Saurenergy JSW Energy has announced that its subsidiary – JSW Renewable Energy Vijayanagar Ltd – has started operations of 225 MW solar power plants in Karnataka’s Vijayanagar. The official statement of JSW Energy said that the solar project is part of the 958 MW solar and wind projects that were announced earlier. Under the group captive […] Read more
Japanese conglomerate Mitsui to invest in ReNew Power’s RTC project Updated On Wed, Apr 6th, 2022 by Saurenergy ReNew Power on Wednesday said Japan’s trading firm Mitsui & Co will invest in the Indian firm’s round-the-clock renewable energy project aggregating 1,300 Mw and 100 MWh battery storage. ReNew Power last year signed 400 Mw round-the-clock (RTC) power purchase agreement to supply electricity to Solar Energy Corporation of India (SECI). For the 400 Mw […] Read more
Tronox Announces 200 MW Solar Power Project in South Africa Updated On Wed, Mar 23rd, 2022 by Saurenergy Tronox Holdings, an integrated manufacturer of titanium dioxide pigment, has announced that it has entered into a long-term power purchase agreement (PPA) with the independent power producer, SOLA Group, to provide 200 MW of solar power to mines and smelters of Tronox in South Africa. The news comes even as closer home in India, steel […] Read more
Arcelor Mittal, Greenko In $600 million deal for 975 MW RTC power Updated On Wed, Mar 23rd, 2022 by Saurenergy In one of the largest corporate deals to mitigate carbon emissions in India, metals major ArcelorMittal has announced it will invest $600 million (Over Rs 4500 crores) to develop, in partnership with Hyderabad based Greenko Group, a 975-MW ‘round the clock’ renewable energy project in Andhra Pradesh. ArcelorMittal had declared plans to foray into green […] Read more
Punjab Invites Bids for 217 MW Solar Power Projects Under PM-KUSUM Updated On Mon, Mar 21st, 2022 by Saurenergy The Punjab Energy Development Agency (PEDA) has invited applications from farmers, groups of farmers, panchayats, cooperatives, Farmer Producer Organisations (FPOs) and water use associations in Punjab for setting up of solar power plants of individual capacity of 1MW, 1.5 MW and 2 MW. the move comes even as Punjab struggles to find a way out […] Read more
Nagaland Will Develop its First Solar Power Project in Dimapur Updated On Fri, Mar 11th, 2022 by Saurenergy The state government of Nagaland has signed a power purchase agreement (PPA) with Hyderabad based Halo Energie Pvt Ltd to develop Nagaland’s first greenfield solar power project in Dimapur. Halo Energie is an independent power producing company. As per the details, the solar power project will be of 20MW and constructed over more than 120 […] Read more
Saudi Arabia Signs PPA Contracts for Solar Power Deals Worth $665 Million Updated On Wed, Mar 9th, 2022 by Saurenergy The Kingdom of Saudi Arabia is bullish on raising the renewable share in its energy mix as it has awarded contracts for two new solar power projects. These projects will make a combined capacity of one gigawatt. Saudi Arabia is world’s largest oil exporter but has a huge target to add 60GW of solar power to […] Read more
Azure Power Q3 Results See Losses Narrow, Generation Up 36% Updated On Mon, Feb 28th, 2022 by Saurenergy Azure Power Global Limited (Azure Power), which is listed on the NYSE, has announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the third quarter of fiscal 2022, ended December 31, 2021. Operating Highlights: Megawatts (“MWs”) Operating* were 2,523 MWs, as of December 31, 2021, an increase of 37% over December 31, 2020. […] Read more
