Google’s Nest Renew & OhmConnect To Form Virtual Power Plant In US Updated On Fri, May 10th, 2024 by Saurenergy Renew Home, North America’s residential virtual power plant (VPP), has launched out of the combination of Google Nest Renew service and OhmConnect in the US. The company has received a $100M investment from majority owner Sidewalk Infrastructure Partners (SIP). According to a statement released by Google Renew Home, the company says “It will transform residential […] Read more
Bangladesh Power Firm Issues 160 MW International Solar Tender Updated On Thu, May 9th, 2024 by Saurenergy Bay of Bengal Power Company Limited (BPDB), has issued an international tender inviting bids for for the design, supply, installation, testing & commissioning of a 160 MW Solar (AC) PV Power Plant at Maheshkhali Peninsula, Cox’s Bazar, Bangladesh. According to the tender document (priced BDT 20,000), the bidders will have to submit the technical and […] Read more
Tata Power Results In Line With Expectations, Q4 Profits Up 18% Updated On Wed, May 8th, 2024 by Saurenergy Tata Power has announced its Q4 results. During the year, the firm owned its highest-ever PAT of ₹ 4,280 crore and Revenue of ₹ 61,542 crore for FY24 Q4 FY24 PAT up 18% to ₹ 1,109 crore, making it the 18th consecutive quarter of PAT growth During the quarter, the company’s renewables portfolio crossed the […] Read more
Juniper, SJVN Ink PPA To Setup 1GW RE Projects Across Two States Updated On Tue, May 7th, 2024 by Saurenergy Juniper Green Energy today announced a Power Purchase Agreement (PPA) with SJVN, securing a 320 MW firm and dispatchable renewable energy contract. This agreement sets the stage for the development of approximately 1 GW of capacity across two states– Gujarat and Rajasthan. The company said, “This 25-year PPA, secured at a tariff of ₹4.38 with […] Read more
Sri Lanka Inks 20-Year Wind Power Deal With Adani Green Energy Updated On Tue, May 7th, 2024 by Saurenergy Sri Lanka has signed a deal with Adani Green Energy Limited (AGEL) for a power purchase agreement for 20 years, the country’s cabinet statement read. The company will be paid 8.26 cents per kilowatt-hours (kWh) as per the agreement for the wind energy projects it has developed, the cabinet statement said. The Sri Lankan Cabinet […] Read more
After Solar & Wind, Adani Green Bets Big On PSP Business Updated On Tue, May 7th, 2024 by Saurenergy Adani Green Energy Limited (AGEL) has now planned to go bullish on Pumped Storage Projects (PSPs) in India. The company, while declaring its latest Q4 results talked about adding 5 Gigawatt (GW) of Pumped Storage Projects (PSPs) by 2030. With a fresh thrust on PSPs, the renewable company upgraded its renewable capacity target from 45 […] Read more
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
News in Brief May 6 – US Wind Generation Drop, Engie, Sungrow in Africa Updated On Mon, May 6th, 2024 by Saurenergy Sungrow Sings Pact With Two South African Firms Global inverter and energy storage company Sungrow has signed an agreement with two South African distribution companies to increase its footprint in the African market. This included its agreement with Herholdt’s and ARB. The global company said the attempt would solidify its presence in South Africa’s renewable energy sector. […] Read more
Global Wind Firm Vestas’ Revenue Plunges 5.2% YoY Amid ‘Geopolitical Volatility’ Updated On Fri, May 3rd, 2024 by Saurenergy Global Wind Energy company Vestas has released its Q1 figures as it generated revenue of EUR 2,681million witnessing a decrease of 5.2 percent compared to the year-earlier period. Vestas also outlined that continued geopolitical volatility is expected to cause uncertainty in 2024 and that profitability should also continue to improve gradually but will still be […] Read more
