CERC Orders MPPMCL & DMRC to Compensate ACME Solar Updated On Fri, Dec 9th, 2022 by Saurenergy Following the Central Electricity Regulatory Commission’s (CERC) decision pronouncing that solar developers are entitled for compensation in lieu of greater expenses incurred ever since the GST was introduced, solar developer ACME Jaipur Solar Power has asked the Commission to give MPPMCL and DMRC instructions on how to pay the late payment and rate. The Central […] Read more
Siemens Emerges Lowest Bidder For 1,200 E-Locomotives Worth Rs 20,000 Crore Updated On Fri, Dec 9th, 2022 by Saurenergy German engineering major Siemens has won a contract to build 1,200 electric locomotives with 9000 HorsePower at Dahod in Gujarat for more than Rs 20,000 crore. The tender from Indian Railways was published in April this year. The Indian railways has set itself a net zero target of 2030, with a major part of the […] Read more
Partners Group To Acquire RE Platform Sunsure Energy For $400 Million Updated On Thu, Dec 8th, 2022 by Saurenergy Global private markets firm Partners Group has agreed to acquire a majority stake in Sunsure Energy, a renewable energy and decarbonization solutions platform in India, on behalf of its clients. The official statement of Partners Group held that the company will invest up to $400 million in the Sunsure Energy. Sunsure was founded in 2015 […] Read more
Float by eBikeGo Reimagines EV in Hospitality Updated On Tue, Dec 6th, 2022 by Saurenergy Noida-based eBikeGo electric two-wheeler mobility platform will soon introduce a new business model called “Float by eBikeGo”. This is an initiative to provide EV two-wheelers for visitors at various hotels and resorts in tourist areas. The tourism industry has recovered and experienced tremendous development following the simultaneous lockdown caused by the COVID 19 pandemic in […] Read more
A Double-Decker Electric Buses Introduces by BEST on January 14, 2023 Updated On Mon, Dec 5th, 2022 by Saurenergy In January 2023, double-decker electric buses will be introduced to the city by the Brihanmumbai Electricity Supply and Transport (BEST), according to an official. This month, the BEST will debut its premium e-bus service. In a statement to the media recently, BEST general manager Lokesh Chandra said that the clearances for double-decker e-buses are nearing […] Read more
MSEDCL Discovers Price of Rs 2.90/kWh In 500 MW Solar Tender Updated On Mon, Dec 5th, 2022 by Saurenergy The Maharashtra State Electricity Distribution Company (MSEDCL) has discovered a best price of Rs 2.90/kWh for 100 MW out of the 500 MW it auctioned to secure 500 MW of long-term power from grid-connected intrastate solar projects. SolarArise was the lowest bidder, while state owned SJVN Green Energy, and Tata Power subsidiary Tata Power Renewable […] Read more
RECPDCL Floats Tender for 500 MW of ISTS-Connected Solar Projects Updated On Fri, Dec 2nd, 2022 by Saurenergy REC Limited’s subsidiary company, REC Power Development, and Consultancy (RECPDCL) has floated a tender for setting up 500 MW of interstate transmission system (ISTS)-connected solar power projects across the country. By combining thermal or hydroelectric with renewable energy and storage, the projects seek to maintain flexibility in their generation and scheduling. The last date for […] Read more
Amazon Debuts Hybrid Projects Globally with 300 MW in Madhya Pradesh & Karnataka Updated On Fri, Dec 2nd, 2022 by Saurenergy In Madhya Pradesh and Karnataka, Amazon India is set to establish 300 MW hybrid project (wind-solar). The projects would be established alongside Vibrant Energy, a subsidiary of a portfolio business of Macquarie’s Green Investment Group (GIG). Amazon said in a statement that this is one of the “biggest wind-solar hybrid corporate power purchase agreements (PPA) […] Read more
Germany Looks to Fund India’s Energy Transition Projects with €1 billion Updated On Fri, Dec 2nd, 2022 by Saurenergy Germany has proposed to fund India’s energy transition projects with €1 billion. The projects are to be executed all over the country under a bilateral partnership between the two countries on green and sustainable development. As per discussions held between India and Germany, the funding will pave the way for over 20 projects spread over […] Read more
