NHPC, APGENCO Tie Up For 1.8 GW Renewable Energy Projects Updated On Mon, Sep 30th, 2024 by Saurenergy Read more
NHPC, APGENCO Tie Up For 1.8 GW Renewable Energy Projects Updated On Mon, Sep 30th, 2024 by Saurenergy The National Hydroelectric Power Corporation (NHPC) and Andhra Pradesh Power Generation Corporation (APGENCO) recently entered into a Memorandum of Understanding (MoU) to form a Joint Venture Company (JVC). This collaboration aims at the implementation of a total of 1.8 GW renewable energy projects in the state. These projects include, Pumped Storage Hydro Power Projects and […] Read more
ICRA Sees FDRE, RTC Projects As Key Drivers Of India’s RE Growth Updated On Mon, Sep 23rd, 2024 by Saurenergy A recent report by the Investment Information and Credit Rating Agency (ICRA) foresees a rise in renewable energy capacity in the next six years in India. It is estimated that the share of renewable energy (RE), plus large hydro, in all-India electricity generation, will increase to over 35% in FY2030 from 21% in FY2024. ICRA […] Read more
Jakson Green Signs MoU With REC For Solar IPP Projects Updated On Tue, Sep 17th, 2024 by Saurenergy Renewable energy project developer Jakson Green today announced taking another step towards accelerating India’s clean energy transition with the signing of a ₹1,420 Crore Memorandum of Understanding (MoU) with REC Limited for our solar IPP projects. “This investment will significantly boost renewable energy capacity, directly reducing reliance on fossil fuels and cutting carbon emissions. Beyond […] Read more
President Approves VGF Scheme For 1 GW Offshore Wind Projects Updated On Fri, Sep 13th, 2024 by Saurenergy President of India, Droupadi Murmu, has approved the government’s plan to award Viability Gap Funding (VGF) to boost offshore wind projects in India. The Ministry of New and Renewable Energy (MNRE), in its latest notification, stated that it has received approval for the plan. With the President’s sanction, India is now set to provide VGF […] Read more
How Extreme Weather Events Are Threatening Wind Projects? Updated On Tue, Sep 10th, 2024 by Saurenergy In May this year, India witnessed the infamous case of a windmill catching fire amid extreme heat waves. The incident was reported from the Jaisalmer district of Rajasthan when the temperatures almost crossed 50 Degree C. Pictures and videos of the ignited windmill were widely shared on social media and spread like a fire among […] Read more
Oriana Power Secures 52 MW Solar Projects From BPCL Updated On Tue, Sep 3rd, 2024 by Saurenergy Oriana Power Limited announced a new order for a 52 MW solar project worth Rs. 247.88 crore from Bharat Petroleum Corporation Limited (BPSCL). As per the new order, Oriana Power will execute a ground-mounted solar power project with a total capacity of 52 MW. The project will be carried out under the EPC (Engineering, Procurement, […] Read more
Falling Solar, Wind Tariffs Threaten SJVN’s Core Hydro Projects Updated On Mon, Aug 26th, 2024 by Saurenergy The lower tariffs offered by solar and wind projects in India seem to have dented the avenues of SJVN’s pet hydroelectric power projects. The top management of the company has also taken an account of the same in its latest Annual Report for the last fiscal. In the pursuit of expanding its footprint in the […] Read more
MNRE Issues Clarification On ‘Micrositing’ Norms For Wind Projects Updated On Mon, Aug 26th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued a new notification, clarifying that its earlier issued amendment in norms for onshore wind energy. The latest notification said that the last notification issued in this regard on July 4 on the issue of “micrositing” was meant only for the future projects and not for […] Read more
