Maharashtra Renewable Plans Back On Track, Powered By Lower Costs Updated On Thu, Aug 19th, 2021 by Saurenergy 2021 has been a good year so far, for renewable energy growth in Maharashtra, with the primary state discom, Maharashtra State Electricity Distribution Company Limited (MSEDCL) finally happy with the bids it received for its recent tenders. With prices dropping to as low as Rs 2.42 for its last solar tender, besides Rs 2.62 for […] Read more
CleanMax Gets ₹1,650 Cr Equity Investment from Augment Infrastructure Updated On Thu, Aug 12th, 2021 by Saurenergy Mumbai-based clean energy company CleanMax Enviro Energy Solutions Pvt. Ltd. has revealed that US investment firm Augment Infrastructure will acquire a majority stake in it for Rs 1,650 crore. Augment is purchasing the existing stake of Yellow Bell Investment Ltd (an affiliate of Warburg Pincus, a leading global private equity firm focused on growth investing) […] Read more
SECI, Renew Power Sign PPA For 400 MW RTC Tender Won In 2020 Updated On Mon, Aug 9th, 2021 by Saurenergy ReNew Power has announced the signing of a Power Purchase Agreement (PPA) for Round-The-Clock (RTC) electricity supply, the first-of-its-kind in India. The PPA was signed with the Solar Energy Corporation of India (SECI) ReNew had won the bid to supply Round-The-Clock power in 2020 through an auction conducted by SECI. As per the contract, ReNew […] Read more
India’s Energy Storage Tech Capacity to Reach 180-800 GW by 2050 Updated On Fri, Aug 6th, 2021 by Saurenergy During the last decade, the cost of energy storage technologies, primarily lithium-ion battery energy storage systems (BESS), has declined rapidly and is projected to decline further over the next decade. This comes at a time when electricity grid flexibility is being recognised as an essential resource for reliable operations and for integrating high amounts of […] Read more
IEX’s Green Term-ahead Market Achieves 76% MoM Growth in July’21 Updated On Thu, Aug 5th, 2021 by Saurenergy Indian Energy Exchange (IEX) traded 7,322 MU volume and clocked 37% year-on-year growth in July 2021, as per the data on power demand published by the National Load Dispatch Centre. Further, national peak demand was registered on July 7, 2021, at 200.6 GW, which recorded a 17.6% YoY increase while the energy consumption at 125.5 BU […] Read more
India Added 601 MW C&I RE Generation Capacity in Q1 2021: Report Updated On Thu, Aug 5th, 2021 by Saurenergy BRIDGE TO INDIA has launched a new quarterly report titled “India Corporate Renewable Brief,” which provides a detailed regular update on key trends and developments in the rapidly growing C&I renewable market. The study includes details of capacity addition, key players, policy developments, equipment prices, financing deals and other market trends. The first edition of this report […] Read more
Tata Cleantech Report On The Indian Renewable Open Access Landscape Updated On Wed, Aug 4th, 2021 by Saurenergy A joint venture between Tata Capital Limited and International Finance Corporation (World Bank Group), Tata Cleantech Capital Ltd (TCCL), has made a report on the market trends and state comparatives of Indian Renewable Open Access. Globally, commercial and industrial (C&I) consumers, or corporates, account for 64% of the total electricity consumption. Under open access electricity […] Read more
NTPC, ONGC To Focus On Offshore Wind Energy Developments ? Updated On Mon, Jul 5th, 2021 by Saurenergy News reports have quoted state-owned National Thermal Power Corporation Ltd (NTPC) and the Oil and Natural Gas Corporation Limited (ONGC) joining together for the development of offshore wind energy in the country. For ONGC, the national oil explorer, any tie-up is considered relevant as power generation has not been its forte, and offshore wind offers […] Read more
NHAI To Install EV Charging Stations Along National Highways Updated On Thu, Jul 1st, 2021 by Saurenergy The National Highway Authority of India is planning to install electric vehicle (EV) charging stations along the country’s national highways. As India has already set its targets of achieving 70% of all commercial cars, 30% of private cars, 40% of buses, 80% of two-wheeler, and three-wheeler sales to be electric by 2030. To boost the […] Read more
