RUMSL Floats Consultancy Tender for Morena Hybrid Project Updated On Wed, Nov 16th, 2022 by Saurenergy Rewa Ultra Mega Solar (RUMSL) has floated a consultancy tender for preparing a detailed project report (DPR) to develop the Morena wind-solar hybrid project with energy storage in Madhya Pradesh. RUMSL is a partnership between Madhya Pradesh Urja Vikas Nigam and the Solar Energy Corporation of India (SECI) to build solar parks throughout the state. […] Read more
ReNew Power Gets Green Project Finance of Rs 800 Cr from Bank of America Updated On Wed, Nov 9th, 2022 by Saurenergy ReNew Power has received a loan/ green project finance from Bank of America totaling roughly Rs 800 crore, the lender’s first local project financing agreement in the renewable energy industry after a protracted absence. The company will benefit from cheaper funding costs thanks to the five-year green loan facility in rupees, as the money will […] Read more
Tata Power RE, Three Other Firms Win RUMSL’s 750 MW Hybrid Project Updated On Wed, Sep 21st, 2022 by Saurenergy A joint venture company between The Solar Energy Corporation of India (SECI) and Madhya Pradesh Urja Vikas Nigam (MPUVN), Rewa Ultra Mega Solar Limited (RUMSL) has released the results of 750 MW hybrid (wind+solar) project. Sprng Ojas, Tata Power Renewable Energy, ReNew Solar Power, and TEQ Green Power IX (O2 Power) were declared the winners […] Read more
IEEFA Study Makes Case For More Trading, Larger Power Pooling To Cut Costs Updated On Thu, Aug 25th, 2022 by Saurenergy The transition to a resilient electricity grid with increasing amounts of cheaper, variable renewable energy will require reforms to the scheduling and dispatch of power, some of which can potentially help electricity distribution companies (DISCOMS) save billions of dollars, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). “India added […] Read more
ReNew Energy Global Q1 Revenues At Rs 2500 cr, Losses Almost Over Updated On Mon, Aug 22nd, 2022 by Saurenergy Building on its guidance from it’s Q4 results earlier, ReNew Energy global, India’s leading renewable energy company in terms of total commissioned capacity, has announced its consolidated results for Q1 FY23 ended June 30, 2022. Operating Highlights: As of June 30, 2022, the Company’s portfolio consisted of 12.9 GWs, a 30.3% increase year on year, of which […] Read more
Iberdrola Commissions Europe’s Largest Solar Plant With 590 MW Capacity Updated On Thu, Aug 11th, 2022 by Saurenergy The 590 MW “Francisco Pizarro” PV project in Extremadura, southwest Spain, the biggest solar facility in Europe, has been put into operation by Spanish energy company Iberdrola. This is the largest solar plant installation to be ever built by Iberdrola. The €300 million ($310 million) project is situated between the Cáceres communities of Torrecillas de […] Read more
JSW Energy Gets SECI LOA For 300 MW Wind Energy Project Updated On Thu, Jul 14th, 2022 by Saurenergy JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has received Letter of Award (LoA) for a total Wind capacity of 300 MW from Solar Energy Corporation of India Limited (SECI). The company had won the 300 MW capacity at Rs 2.94/unit in the tariff based competitive bid invited by SECI for […] Read more
Offshore Wind Energy To Cost The Cheapest In UK Now Updated On Tue, Jul 12th, 2022 by Saurenergy The biggest ever renewable energy auction in the United Kingdom is bearing fruit for the people and industry as the prices of the offshore wind power, just the second day post auction, has dropped to its cheapest level in the country’s history. Now, the power from fresh auctions will be sold for a mere £37.35 […] Read more
SECI Has Floated RFS For Setting Up 8 MW Of Waste To Energy Project In Uttar Pradesh Updated On Mon, Jul 11th, 2022 by Saurenergy Solar Energy Corporation of India Limited (SECI) has invited solar project developers for the request for selection (RFS) for the establishment of 8 MW of grid-connected waste to energy project, which is to come up in Kanpur, Uttar Pradesh. This project will be completed under Tariff-based Competitive Bidding (WTE-1). The last date to submit the […] Read more
