MoP Releases Norms To Compensate For Damages Under Right Of Way Updated On Thu, Jun 20th, 2024 by Saurenergy The Ministry of Power (MoP) recently issued guidelines for compensating Right of Way (RoW) regarding transmission lines. These guidelines aim to expedite construction and ensure timely completion by addressing RoW issues effectively, particularly in urban areas. The guidelines specify compensation for damages related to RoW under the Electricity Act among other guidelines. The new guideline […] Read more
Cabinet Approves Viability Gap Funding For Offshore Wind Updated On Thu, Jun 20th, 2024 by Saurenergy The Indian Union Cabinet chaired by Prime Minister Narendra Modi recently approved the Viability Gap Funding (VGF) scheme for offshore wind energy projects. The total outlay of the scheme stood at Rs 7,453 crore. The fund included an outlay of Rs 6,853 crore for the installation and commissioning of 1 GW of offshore wind energy […] Read more
Investments In Renewables, Realty To Rise To Rs 15 Lakh Cr In Next Fiscals: CRISIL Updated On Tue, Jun 18th, 2024 by Saurenergy Investments in India’s key infrastructure sectors — renewable energy and roads – and real estate are expected to grow 38% in fiscals 2025 and 2026 compared with the previous two fiscals to Rs 15 lakh crore, according to the latest report by CRISIL. The surge will ride on India’s need for creation of sustainable infrastructure […] Read more
Repsol Signs RE Purchase Agreement with Microsoft Updated On Wed, Jun 12th, 2024 by Saurenergy Repsol will supply Microsoft renewable electricity after reaching an agreement for a combined six long-term virtual power purchase agreements (VPPAs). These 12-year supply agreements are linked to three wind farms and three solar plants in Spain with a total installed capacity of 230 MW that will be operational by December 2025. This deal adds to existing power […] Read more
Radiance Renewables & PIDG Form JV For RE Growth In India Updated On Tue, Jun 11th, 2024 by Saurenergy Radiance Renewables and the Private Infrastructure Development Group (PIDG) company, InfraCo Asia, announced a joint venture (JV) – Radiance InfraCo Renewables Private Limited. The JV will develop a portfolio of greenfield renewable energy projects for C&I clients in India, enabling them to reduce carbon emissions in their supply chain and operations to meet their sustainability […] Read more
Programme Associate – Distributed Renewable Energy Updated On Fri, Jun 7th, 2024 by Saurenergy Job Duties and Accountabilities:- Desirable Outcomes (first year):- Lead the team to accelerate adoption of distributed RE in atleast one state and support in other states. Conceptualise and execute atleast one innovative idea to scale up the adoption of DRE in the priority state Take up atleast one institutional responsibility or actively work on one […] Read more
SaurEnergy Explains- Why Is Data Centre Capacity Measured In MWs? Updated On Mon, Jun 3rd, 2024 by Saurenergy Data Centres have moved to the front of the conversation around rising energy demand, what with the spread of digital usage, and more recently, the hype around AI or Artificial Intelligence. Readers have asked us to explain why these data centres bring built to serve the ever growing demand for computing power and information storage […] Read more
Green Financing A Boon For Clean Transmission Projects: Sharib Razi Updated On Fri, May 31st, 2024 by Saurenergy What are the challenges faced by the grid, when it comes to a higher share of renewable energy? Razi: There are two major challenges with increasing share of renewables in the grid. Firstly, due to the intermittent nature of renewable energy, the peak generation of solar or wind does not coincide with the peak load […] Read more
US Releases New Rule To Incentivise Clean Energy Production Under IRA Updated On Thu, May 30th, 2024 by Saurenergy The US Department of the Treasury and Internal Revenue Service (IRS) released proposed guidance on the Clean Electricity Production Credit and Clean Electricity Investment Credit under the Inflation Reduction Act (IRA). This guideline was established by President Biden’s Inflation Reduction Act (IRA), to provide clarity to developers of clean electricity projects. This guidance is expected […] Read more
