Gazelle, WAM Join Hands for Offshore Floating Project in Portugal Updated On Tue, Apr 4th, 2023 by Saurenergy Ireland’s firm Gazelle Wind Power has joined hands with developer of renewable energy WAM Horizon. The partnership between the two firms will give an impetus to the establishment of a floating wind pilot, off Portugal. Portugal-based WAM Horizon specialises in offshore wind. A holding firm for WAM Investments, which delves into the development of renewable […] Read more
Google to Buy Wind Energy from Ørsted for US Datacenters Updated On Mon, Apr 3rd, 2023 by Saurenergy In a quest to step-up the decarbonisation of its activities, tech giant Google has signed a 150 MW PPA with Danish energy major Ørsted for the purchase of renewable energy generated by Helena Wind Farm for the next 15 years. The Ørsted wind project was commissioned last year and provides low-cost electricity to the South […] Read more
CERC Cuts Ceiling Price For Power Trading, HP-DAM Peak Cut From Rs 50 To Rs 20/unit Updated On Mon, Apr 3rd, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest suo-moto order has approved a reduction of the ceiling prices for different existing Day-Ahead Markets (DAM). It comes days ahead of the summer season when the peak demands are anticipated to escalate sharply, with the government making strenuous efforts to keep the lights on with a […] Read more
GERC Notifies Gujarat Power Tariffs For Fy23, No Hikes For Consumers Updated On Mon, Apr 3rd, 2023 by Saurenergy The Gujarat Electricity Regulatory Commission has issued a note detailing the GERC Tariff Orders for Truing up for FY 2021-22 and Determination of Tariff for FY 2023-24. The exercise is done after State-Owned utilities and other Distribution Licensees of the State have filed the petitions for truing up of FY 2021-22 and determination of Tariff […] Read more
India’s Energy Transition – State of Play and Interesting Lead Indicators Updated On Fri, Mar 31st, 2023 by Saurenergy Energy Transition has transformed from mere buzz word a decade ago to a ray of hope for our future. A nation’s energy transition journey encapsulates a wide gamut of subjects – policies, schemes, finances, economic growth, technology. In a series of articles to be published, we will explore these subjects pertaining to India. But from […] Read more
Arctech Wins Tracker Deal For Azerbaijan’s Largest Solar Project Updated On Fri, Mar 31st, 2023 by Saurenergy Chinese solar tracking and racking solution provider, Arctech has announced that it has won a 312 MW project providing SkyLine II solar tracker in Azerbaijan. The solar power project is also the largest solar project in the Central Asian country, according to an Arctech release. In order to effectively cope with the complex environment, Arctech […] Read more
Construction Work Kickstarts on Orsted Offshore Wind Projects in Port of Emden Updated On Thu, Mar 30th, 2023 by Saurenergy Construction work has kickstarted for Orsted’s Gode Wind 3 and Borkum Riffgrund 3 offshore wind projects in the Port of Emden. The wind turbines will be installed next year. The Denmark-based renewable energy firm, Orsted, has revealed that the wind farms will be handed over the operational management during 2024-end or at the beginning of […] Read more
Rajib K Mishra Assumes Role of CMD at PTC Updated On Thu, Mar 30th, 2023 by Saurenergy Power trading solution provider PTC India (formerly known as Power Trading Corp of India) has appointed Rajib Mishra as its Chairman and Managing Director with immediate effect. Mishra was the director of marketing and business development prior to being appointed as Acting Chairman of PTC following the resignation of Deepak Amitabh. A company statement from […] Read more
Energy Transition and Clean Energy Investment in India Report – 10 Key Takeaways Updated On Thu, Mar 30th, 2023 by Saurenergy Several factors effect the green energy transition, such as the developmental aspect. However, the transition is becoming a reality. India’s largest Investment Banking franchise Avendus, in its latest report, Energy Transition and Clean Energy Investment in India, gives a picture of business segments emerging across the green economy value chain. The report also gives an […] Read more
