IEA Report Advocates Digital Integration Of Power Grids To Boost Efficiency Updated On Mon, May 6th, 2024 by Saurenergy A latest report from the International Energy Agency (IEA) report highlighted the importance of matching growth with clean energy transition through digital power grids. The IEA report presented electricity transmission through the power grid as an alternative to support urban areas with more than 80% of the global GDP. They report contribute to more than […] Read more
Sterlite Power Appoints Reshu Madan As CEO (Global Products & Services Business) Updated On Mon, May 6th, 2024 by Saurenergy Sterlite Power, a leading global developer of power transmission, today announced the appointment of Reshu Madan as Chief Executive Officer, Global Products & Services (GPS) business. He succeeds Manish Agarwal who has decided to pursue an opportunity outside the company. Reshu will work closely with Manish Agarwal for a smooth transition as he integrates into […] Read more
Uttarakhand Proposes Revised RPO Compliance Norms With Timelines Updated On Mon, May 6th, 2024 by Saurenergy The Uttarakhand Electricity Regulatory Commission (UERC) has now come up with its draft regulations relating to Renewable Purchase Obligations (RPO). The proposed draft regulation aims to amend the existing UERC (Tariff and Other Terms for Supply of Electricity from Renewable Energy Sources and non-fossil-based Co-generating Stations) Regulations, 2023. The State Electricity Commission proposed the new […] Read more
India Issued 69GW+ Renewable Tenders In FY24, Says IEEFA Report Updated On Mon, May 6th, 2024 by Saurenergy The Institute of Energy Economics and Financial Analysis (IEEFA) in its latest report indicated a record 69+ Gigawatt (GW) of renewable energy tenders in India in 2023-24. This is against the Indian government’s own annual target of 50 GW. The global energy think tank attributed this to the strong push from the Union government at […] Read more
CERC Terms SC Order On GIB As ‘Change Of Law’, Awards Compensation To Azure Updated On Mon, May 6th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) in a significant judgment termed the 2021 Supreme Court order on the Great Indian Bustards (GIB) as a ‘Change of Law’ event. It also granted compensation to Azure Power Maple Private Limited on account of its alleged additional expenditures. The case came to light after the petitioner Azure Power […] Read more
TPREL, SJVN Sign PPA For 460 MW Firm & Dispatchable Project Updated On Sat, May 4th, 2024 by Saurenergy Tata Power Renewable Energy Limited (TPREL), has signed a Power Purchase Agreement (PPA) with SJVN Limited (SJVN), an Indian Public Sector Undertaking (PSU), for a 460 MW Firm and Dispatchable Renewable Energy (FDRE) Project. The plant, designed to meet the 460 MW FDRE requirement, integrates solar, wind, and battery storage technologies to ensure efficient energy […] Read more
Fortum Sells Stake In Indian Solar Portfolio To Gentari Renewables Updated On Fri, May 3rd, 2024 by Saurenergy Finland-based Fortum sold its ownership in the 185-MW Indian solar portfolio and is considering alternatives for its remaining operations in India. Fortum signed an agreement to sell the remaining 43.75% share of its Indian solar power portfolio to Malaysia-based Gentari Renewables India Pte. Ltd., a subsidiary of clean energy solutions provider Gentari Sdn. Bhd. Gentari […] Read more
News Briefs May 3 -Envirospark, GAF Energy, REC Silicon, DOE Grants Updated On Fri, May 3rd, 2024 by Saurenergy EV Charging Company EnviroSpark Secures $50 Million Investment from Basalt Infrastructure Partners US electric vehicle (EV) charging company EnviroSpark Energy Solutions announced it has secured a $50 million investment by funds advised by Basalt Infrastructure Partners an infrastructure equity investment firm focusing on investments in Europe and North America. This investment will enable EnviroSpark to […] Read more
NTPC-REL Seeks Bids For 900 MW Project In Madhya Pradesh Updated On Fri, May 3rd, 2024 by Saurenergy NTPC Renewable Energy Limited (NTPC-REL) has invited online bids for land and power evacuation packages for a 900 MW ISTS-connected solar project In Neemuch region, Madhya Pradesh. NTPC-REL’s tender document mentioned that the project requires government/private contiguous land of 5 Acres/MW on a freehold/leasehold basis near Neemuch ISTS substation in Madhya Pradesh, the lease period […] Read more
