Grid Solutions (GE) to Help ReNew Power to Develop Renewable Energy Zones in India Updated On Thu, Apr 7th, 2022 by Saurenergy Grid Solutions business of the US-based General Electric (GE) has said that the company has entered into a multi-million dollar contract with Renew Power Pvt Ltd – one of the leading renewable energy players in India – to build two 400 kV substations in Karnataka. The work will be a part of the plan to […] Read more
Envision to Supply Turbines for ASEAN’s Largest Wind Farm Updated On Thu, Apr 7th, 2022 by Saurenergy China based Envision Group has signed a ‘Letter of Intent’ with Impact Energy Asia Development Limited (IEAD) for the supply of wind turbines to the 600MW Monsoon Wind Project in Lao(s) PDR. The construction of the wind farm will start this year and is expected to be commercially operationalized in 2025. Envision plans to supply […] Read more
Sungrow Wins Enterprise for Best Practices in Achieving SDGs in 2021 From UNGC Updated On Thu, Apr 7th, 2022 by Saurenergy The United Nations Global Compact (UNGC) Network China unveiled the list of Enterprises for Best Practices in Achieving Sustainable Development Goals (SDGs) in 2021. Inverter major Sungrow was shortlisted given its outstanding practices in catalyzing global carbon neutrality. Offering access to affordable and reliable energy Sungrow is among the world’s leading renewable energy solution supplier […] Read more
Ingka Group (IKEA) Acquires 9 Solar Power Projects in Europe for €340 Million Updated On Thu, Apr 7th, 2022 by Saurenergy Sweden-based Ingka Group, which owns the majority of IKEA stores globally, has announced that it has acquired nine solar power park projects in Germany and Spain for €340 million. The combined capacity of the solar projects comes to 440 MW. The Ingka Group solar has acquired the portfolio from solar power developer ENERPARC. Four solar power projects […] Read more
IEX March’22 Update-Green Trading Contracts, High Avg. Solar Prices Of Rs 5.64/unit Updated On Wed, Apr 6th, 2022 by Saurenergy The Indian Energy Exchange (IEX) achieved 9,605 MU volume in March’22 comprising 8,702 MU in the conventional power market, 392 MU in the Green Power Market and 511 MU (5.11 lac Certificates) in the REC Market registering 16% YoY volume growth across all market segments. The volumes in the Green Power market as well as […] Read more
Portugal’s floating solar energy auction sets world record negative price Updated On Wed, Apr 6th, 2022 by Saurenergy Portugal’s first auction of rights to build and operate floating solar plants on the surfaces of its reservoirs set a world record low price of minus 4.13 euros per megawatt hour for future output, the environment ministry said on Tuesday. The government assigned rights to install floating panels with capacity to convert sunlight into 183 […] Read more
Japanese conglomerate Mitsui to invest in ReNew Power’s RTC project Updated On Wed, Apr 6th, 2022 by Saurenergy ReNew Power on Wednesday said Japan’s trading firm Mitsui & Co will invest in the Indian firm’s round-the-clock renewable energy project aggregating 1,300 Mw and 100 MWh battery storage. ReNew Power last year signed 400 Mw round-the-clock (RTC) power purchase agreement to supply electricity to Solar Energy Corporation of India (SECI). For the 400 Mw […] Read more
Surat’s First Textile Market Solar Powered Now, By Goldi Solar Updated On Wed, Apr 6th, 2022 by Saurenergy Surat-based Goldi Solar, a key solar panel manufacturer and EPC services provider has solarized Surat’s First Textile Market for Avadh Group. Avadh is a real estate company focused on residential as well as commercial development. The market is located in the heart of Umarwada, Surat district. The project will be completed in three phases, of […] Read more
CERC allows PXIL to introduce hydropower contracts in GTAM Updated On Tue, Apr 5th, 2022 by Saurenergy In a recent order, the Central Electricity Regulatory Commission (CERC) has approved Power Exchange India Ltd.’s (PXIL) proposal to introduce Hydropower Contracts in existing Green Term Ahead Market (GTAM) on its platform for exclusive trading of hydro energy. CERC dealt with different aspects of the proposed contract keeping in view the submissions made by PXIL […] Read more
