ENEL To Add 43 GW OF Solar By 2030 In Larger Renewables Plan For 2030 Updated On Thu, Nov 25th, 2021 by Saurenergy Italian power and gas utility Enel has announced plans to invest €70 billion (US$78 billion) by 2030 across regions to scale up its renewables and energy storage portfolio. The move, announced yesterday (Nov 24) marks an effort by the energy major to bring forward its net zero plans to 2040. The company’s earlier net zero […] Read more
Mechanical Design Engineer – DT Transformers Renewables (Wind and Solar) Updated On Wed, Nov 24th, 2021 by Saurenergy Responsibilities:- Developing state-of-the-art design concepts as well as technical standards and/or cookbooks for the mechanical design of Wind or Solar units. When need arises preparation of General Arrangement Drawing, Bill of materials and submission to customer as per project schedule. Responsible for development of various application transformers designs in coordination with global Hitachi Energy factory […] Read more
An Ancillary Services Market Will Be Key To Integration of 450 GW of Renewables By 2030 Updated On Sat, Nov 20th, 2021 by Saurenergy A new study, Electricity market design for efficient procurement of ancillary services in India to address changing system needs, by Wartsila and KPMG makes the case for power market reforms in India using power system simulation models. The study demonstrates that some of the renewable rich states in India could immensely benefit by adding more flexible generation […] Read more
Renew Energy Concall. Sumant Sinha Sees 25 GW Corporate PPA Market In India Updated On Fri, Nov 19th, 2021 by Saurenergy Renew Power, or its new listed avatar, Renew Energy Global (RNW) hosted its first earnings call after its Q2 results yesterday. Presenting at the call were Sumant Sinha – Founder, Chairman, and CEO and D Muthukumaran – CFO. Capacity Additions On Schedule For Renew, which has positioned itself as the leading renewable energy firm from India, it […] Read more
Renew Power Declares Q2 Results, H1 Revenues Up 26% Over FY21 Updated On Thu, Nov 18th, 2021 by Saurenergy ReNew Energy Global plc (“ReNew Power”), has announced its consolidated results for the Quarter ending September 2021. These are the first full set of results from the firm since its merger with RMG II, a special purpose acquisition vehicle (SPAC) to list on NASDAQ. Till date, the Renew power listing through the SPAC route remains […] Read more
Thermal Generators Allowed To Bundle Renewable In Existing PPA’s Updated On Wed, Nov 17th, 2021 by Saurenergy In one of a promised series of moves to encourage more renewable adoption, the Power Ministry and MNRE have revised guidelines for thermal power producers to allow them to add renewable energy within existing PPA’s. The move has been backed by Power and MNRE Minister R.K. Singh. The new guidelines provide for thermal generation companies […] Read more
CERC Favors Mahindra Renewables in Dispute With MPPMCL and DMRC Updated On Mon, Nov 15th, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC) recently gave a judgement in favour of Mahindra Renewables Private Limited, accepting most of its pleas for compensation from M.P. Power Management Company Limited (MPPMCL) and Delhi Metro Rail Corporation (DMRC) on account of a ‘Change in Law’ event in the power purchase agreement (PPA) executed among the three […] Read more
