CERC Orders Compensation for Adani Subsidiary Over ‘Change of Law’ Events Updated On Mon, Jul 3rd, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest order, directed the Solar Energy Corporation of India (SECI) and other related entities concerned to compensate Adani Solar Energy Jodhpur Four Private Limited, a Special Purpose Vehicle (SPV) of Adani Green Energy. The order came to the fore after the SPV moved a petition before the CERC […] Read more
Serentica Renewables Seals 1.25 GW Round-The-Clock Green Energy Agreements Updated On Mon, Jul 3rd, 2023 by Saurenergy Serentica Renewables has announced that it has signed over 1.25 GW of new Power Delivery Agreements (PDAs) with multiple industrial customers. This is in addition to the 580 MW PDAs that were signed in March 2023. To ensure the round-the-clock green energy needs of its customers, Serentica will install 4 GW of renewable energy capacities […] Read more
SECI & GUVNL Sign Battery Energy Storage Supply Agreement for 150 MW/300 MWh Updated On Mon, Jul 3rd, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) has entered into an agreement with Gujarat Urja Vikas Nigam Ltd (GUVNL). The BESSA (Battery Energy Storage Supply Agreement) signed between the two firms is for 150 MW/300 MWh. The agreement was signed at Vadodara. SECI has been frequently been issuing tenders for solar projects that entail BESS […] Read more
SECI Announces NIT for 800 MW RTC Power For Haryana Updated On Mon, Jun 26th, 2023 by Saurenergy SECI (Solar Energy Corporation of India) has revealed its intention for the procurement of RTC power (Round-the-Clock) from renewable energy projects for an aggregate capacity of 800 MW, meant primarily for Haryana discoms. The projects will be set up on “Build Own Operate” (B-O-O) basis. Towards this, SECI shall enter into a Power Purchase Agreement […] Read more
S&P Commodity Insights Top 10 RE Market Trends in 2023 Updated On Wed, Jun 21st, 2023 by Saurenergy Commodity Market Solutions Firm S&P Global Commodity Insights released its white paper on ‘The Ten Cleantech Trends in 2023’, focusing on the technologies to reduce emissions and confront climate change. Following are the main takeaways from the cleantech trends 2023 from S&P Global Commodity Insights- 1. Declining Component Prices--Though the reduction in the component prices […] Read more
As Bangladesh’s Textile Sector Makes Green Switch, Lessons For India’s Export Giants Too Updated On Tue, Jun 20th, 2023 by Saurenergy Bangladesh has been a laggard when it comes to Grid-scale solar adaptation, historically. The country, which also imports power from India, faces a challenge when it comes to energy, with a reliance on natural gas besides thermal power from India. However, there have been clear signs of acceleration in its solar installation drive recently. At […] Read more
European Clean Energy Developer TagEnergy Raises €570 MillionTo Drive Growth Updated On Mon, Jun 19th, 2023 by Saurenergy Clean energy developer and investor TagEnergy announced today a major capital injection, the closing of a dual currency (AU$ and €) green bond totalling a maximum of €570,000,000 (equivalent) with Copenhagen Infrastructure Partners (CIP) and GIC as investors. The fund raise comes at possibly the best time ever for European RE developers, with a market that […] Read more
Envision to Supply & Commission Wind Turbines of 350 MW Capacity for Serentica Renewables Updated On Mon, Jun 19th, 2023 by Saurenergy Envision Energy, a firm that delves in renewable energy solutions has won an order from Serentica Renewables – a decarbonization platform that seeks to accelerate the energy transition for energy-intensive industries, for the supply and commissioning of wind turbine generators for the 350 MW wind park coming up in Maharashtra. 106 units of. Envision’s state-of-the-art […] Read more
Mondragon Assembly to Develop Automated Manufacturing Line for Nithin Sai Renewables Updated On Mon, Jun 19th, 2023 by Saurenergy Mondragon Assembly, a provider of turnkey solar production lines, has received an order from Nithin Sai Renewables Pvt. Ltd., a subsidiary of Nithin Sai Constructions. Under this agreement, Mondragon Assembly claims that it will develop one of the most advanced and largest automated manufacturing lines in South India for Nithin Sai Renewables. The line will […] Read more