EIB, Development Bank Of Southern Africa Grant €600 Mn To Private RE Sector Updated On Fri, Sep 13th, 2024 by Saurenergy The European Investment Bank (EIB) and the Development Bank of Southern Africa (DBSA) have further boosted their support for renewable energy projects in the private sector, aiming to increase clean energy generation while supporting new jobs. A € 100 million (ZAR 1.98 billion) loan from the EIB, matched by the DBSA, comes in addition to […] Read more
Solarium Green Energy Limited Is BSE Bound, Files DRHP With BSE Emerge Updated On Fri, Sep 13th, 2024 by Saurenergy Ahmedabad-based Solarium Green Energy, specializing in Turnkey solutions for solar projects, including design, engineering, procurement, testing, installation, commissioning, transmission systems, and comprehensive O&M services, has filed its Draft Red Herring Prospectus with BSE SME in preparation for the IPO, The issue size will be of up to 55,00,000 Equity Shares. The objective of the issue […] Read more
SECI Issues Fresh FDRE Tender For 8 GWh (2GW x 4 hours) Updated On Fri, Sep 13th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has announced a Firm and Dispatchable Renewable Energy (FDRE) tender for peak supply totaling 8,000 MWh (2,000 MW x 4 hours). The project will be developed on a Build Own Operate (BOO) basis. SECI intends to sign a Power Purchase Agreement (PPA) with the successful bidders for a […] Read more
NHPC Discovers Lowest Tariff Of Rs. 4.37 For 1.2 GW FDRE Project Updated On Fri, Sep 13th, 2024 by Saurenergy NHPC has announced the winners of the 1.2 GW solar project under Tranche II. It allocated the project to five successful bidders: Essar Renewables, Juniper Green Energy, Serentica Renewables, Hexa Climate Solutions, and Avaada Energy. According to the tender results, NHPC allocated Essar, Juniper, and Serentica 300 MW, 200 MW, and 150 MW of capacities […] Read more
Apraava Energy Secures 300 MW Solar Project From NTPC In Rajasthan Updated On Thu, Sep 12th, 2024 by Saurenergy Apraava Energy, today signed a Power Purchase Agreement (PPA) for a 300 MW interstate transmission system (ISTS) connected solar energy project with NTPC Limited in Rajasthan. The Mumbai-based integrated energy solutions provider project in Rajasthan is expected to be completed within 24 months. Apraava secured this project through an e-reverse auction mechanism at a tariff […] Read more
Jharkhand Plans RESCO Aid To Boost Solar Growth In Giridih Updated On Thu, Sep 12th, 2024 by Saurenergy The Jharkhand Renewable Energy Development Agency (JREDA) has now decided to rope in the services of RESCO (Renewable Energy Service Company) to boost the growth of solar energy in Giridih. Giridih is the proposed solar city of Jharkhand. As the per the plan of the state renewable agency of Jharkhand, JREDA seeks to develop a […] Read more
After Aborting Module Making Plan, Coal India To Expand RE Production Updated On Thu, Sep 12th, 2024 by Saurenergy India’s premier public sector coal mining company-Coal India Limited (CIL) has planned to boost the growth of renewables under its portfolio. This comes after the public utility aborted its earlier plan to produce solar panels. Speaking recently at the Bloomberg BNEF Summit, Debashish Nanda, Director-Business Development of Coal India said that the company as of […] Read more
Ireland Hopes for 1334 MW Of RE Additions After Round 4 of Capacity Auctions Updated On Thu, Sep 12th, 2024 by Saurenergy Provisional results from the fourth round of the Irish Renewable Energy Support Scheme (RESS 4) confirm 1,334 MW of renewable energy bids that meet criteria. Of this, 960MW is solar PV and 374MW onshore wind. The average auction price has come in at €96.85 (£81.73) per MWh, with the generation-weighted average price for solar projects […] Read more
GUVNL Deserves Carbon Credit Share From RE Project: GERC Updated On Thu, Sep 12th, 2024 by Saurenergy In an interesting case, the Gujarat Electricity Regulatory Commission (GERC) has ruled that wind energy generators must share the benefits of carbon credits with power distribution companies, regardless of the platform used. The order was passed in a case where the Power Purchase Agreement (PPA) was executed under a generic tariff arrangement. The case emerged […] Read more
