Delhi Solar Policy Interlinks DISCOMs, Consumers, Reduces Upfront Cost Updated On Fri, Mar 15th, 2024 by Saurenergy Department of Power under the Delhi government recently released the Delhi Solar Policy. Under this new policy, the government introduced a hybrid RESCO model. This model establishes a tripartite link among DISCOMs, consumers, and RESCO developers through a Power Purchase Agreement (PPA). The revised model can facilitate solar panel installation on consumer rooftops without upfront […] Read more
BluPine Energy Gets Rs 12.6 Billion Loan For Gujarat Wind Project Updated On Thu, Mar 14th, 2024 by Saurenergy Gurugram-based BluPine Energy has received funding worth Rs 12.6 billion for its 198 MW wind project situated in Gujarat. According to a company statement, the firm won the bid for the project from Gujarat Urja Vikas Nigam’s (GUVNL) auction to purchase power from 500 MW of grid-connected wind power projects. Further, BluPine Energy also stated […] Read more
SGEL Gets LoI From GUVNL For 500 MW GIPCL Solar Park In Khavda Updated On Wed, Mar 13th, 2024 by Saurenergy SJVN Green Energy Limited (SGEL) a renewable arm of SJVN received the Letter of Intent (LOI) from Gujarat Urja Vikas Nigam Limited (GUVNL) for a 500 MW Solar Project. This project is part of GUVNL Phase-XXI. Geeta Kapur, Chairman/Managing Director, of SJVN, SJVN Green Energy Limited (SGEL) earlier bagged the 500 MW (100 MW + […] Read more
Equinor Commissions 531 MW Brazil Solar Farm Updated On Wed, Mar 13th, 2024 by Saurenergy A Norway-based international energy company Equinor has commenced the operation of the 531 MW Mendubim solar plant in Brazil. This has marked a 30% increase in Equinor’s equity power production in Brazil. Mendubim will annually produce 1.2 TWh of power. Around 60% of the power will be sold on a 20-year USD-denominated power purchase agreement […] Read more
Maharashtra Invites Bids To Procure 1 GW Solar Project Updated On Tue, Mar 12th, 2024 by Saurenergy Maharashtra State Electricity Distribution Company Limited has issued a tender inviting bids for procuring 1 GW of grid-connected solar power to meet its renewable purchase obligation and future power needs. The last date to submit bids is April 3. According to tender document by Maharashtra discom, the bids will be thrown open on the same […] Read more
Primergy Secures PPA With Microsoft For 408 MW Solar Project In Texas Updated On Tue, Mar 12th, 2024 by Saurenergy US-based solar and storage project developer Primergy announced that it has closed commitments for $588 million in debt financing for the 408 MWac Ash Creek Solar project in Hill County, Texas. The company also signed a long-term power purchase agreement with Microsoft for the full capacity of the plant. “The successful completion of this financing […] Read more
Uttar Pradesh, TUSCO Sign PPA To Setup 600 MW Solar Project In Jhansi Updated On Tue, Mar 12th, 2024 by Saurenergy Uttar Pradesh govt and the Centre (GoI) have decided to set up a 600 MW solar project in Jhansi District in the state of Uttar Pradesh (Jhansi Solar Power Park). They signed an agreement for the development of a grid-connected ground-mounted solar power project. The agreement mentioned, “The agreement was a signed between joint venture […] Read more
Norwegian Firms Equinor, Scatec and Hydro Rein Launch 531 MW Solar Plant in Brazil Updated On Tue, Mar 12th, 2024 by Saurenergy Brazil welcomed the addition of a 531 MW to its grid, thanks to the efforts of the trio of Norwegian firms Equinor, Scatec and Hydro Rein. The latest plant, the Mendubim solar project in the Brazilian state of Rio Grande do Norte is one of the biggest stand alone solar projects in Brazil. Originally scheduled […] Read more
GIWEL Receives LOA For 440MW Wind-Solar Hybrid Project From SJVN Updated On Mon, Mar 11th, 2024 by Saurenergy Singapore-based renewable energy company Sembcorp through its wholly owned renewables subsidiary Green Infra Wind Energy Limited (GIWEL), received a letter of award (LOA) for a 440MW inter-state transmission system (ISTS) connected wind-solar hybrid power project from SJVN Limited. The GIWEL project is a build-own-operate (BOO) project which is part of a 1.5GW bid issued by […] Read more
