RTC Tender For 2.5 GW Thermal Plus Renewable Attracts L1 Bid of Rs 3.01 Updated On Mon, Oct 18th, 2021 by Saurenergy SECI’s auction for 2.5 GW of Round the Clock (RTC) supply of power from thermal plus renewable energy has attracted a strong response, with the lowest bid coming in at Rs 3.01/unit. The tender, floated in March 2020 for 5 GW, had been amended in August 2020 to enable easier participation for thermal players. By […] Read more
Odds of Relief for Large Solar Developers In India Continue To Increase Updated On Wed, Oct 13th, 2021 by Saurenergy Weeks after iterating his goal to push domestic manufacturing using every tool at his command, Power and MNRE Minister R.K. Singh faces a stiff test of resolve. The ‘perfect storm’ of events that was considered all but impossible till 12 months ago has come to pass, and the government will soon need to take a […] Read more
Co-Investing and Developing Green Technologies Only Pathway For India To Achieve Net Zero: Report Updated On Wed, Oct 13th, 2021 by Saurenergy India’s net zero goals, where the country has firmly resisted any pressure to provide a deadline, was the focus of a report by the Council on Green Energy and Water (CEEW). The report posits that India’s total installed solar power capacity would need to increase to 5630 gigawatt (GW) if it were to commit to […] Read more
Reliance Adds NexWafe In Strategic Bets with EUR 25 million Investment Updated On Wed, Oct 13th, 2021 by Saurenergy Reliance Solar Energy Limited (RSEL), the subsidiary fronting renewable energy investments from Reliance Industries, has entered into an agreement with Germany-based NexWafe GmbH (NexWafe) for acquiring 86,887 series C preferred shares of face value of EUR 1 each. RSEL will also be issued 36,201 warrants which are exercisable for a consideration of EUR 1 per […] Read more
Role of IoT in boosting Mass adoption of EVs in India Updated On Tue, Oct 12th, 2021 by Saurenergy Electric Vehicles (EVs) are the flavour of the season, and India is no exception. Rising fuel prices and commitment towards sustainable development goals is leading to a big push towards EVs. The EV market in India is expected to top USD 50 billion by 2030. After a temporary setback in the last 18 months, the […] Read more
GE Renewable Confirms 900 MW Wind Order, Tests 14 MW Haliade-X Turbine Updated On Tue, Oct 12th, 2021 by Saurenergy GE Renewable Energy confirmed on October 11 that it received a firm order in September, to supply its Haliade-X offshore wind turbines to the 800MW Vineyard Wind 1 project. In December 2020, it was the designated preferred supplier. The Vineyard Wind is currently building the first utility-scale offshore wind energy project over 15 miles off […] Read more
Bill Gates Backed Iron Battery Firm ESS Listed on NYSE Updated On Tue, Oct 12th, 2021 by Saurenergy Large Battery firm ESS, with its listing on the New York Stock Exchange (NYSE), can now claim to be the first publicly traded long duration storage company in the world. The firm, which went public through a SPAC (Special Purpose Acquisition Company) with Acon S2 Investment Corp. has started trading on the New York Stock […] Read more
CEL Issues Tender for 147 MW Decentralized Solar Power Gen Systems Updated On Mon, Oct 11th, 2021 by Saurenergy Central Electronics Limited (CEL) has invited online bids (technical and price) from empanelled applicant firms (qualified bidders) for the construction of decentralised solar power generating system (SPGS) ranging from 2 MW to 10 MW (AC) for a cumulative capacity of 147 MW (in 11 lots) at various sub-stations/locations in Maharashtra. The full scope of the work includes design, engineering, […] Read more
It’s Shopping Sunday For Reliance With 40% Stake in Sterling And Wilson Solar Updated On Sun, Oct 10th, 2021 by Saurenergy In a Stock exchange filing today, Sterling and Wilson Solar has informed the exchange about the signing of definitive agreements by Reliance New Energy Solar Ltd (RNESL), a wholly-owned subsidiary of Reliance Industries Ltd (Reliance), and Shapoorji Pallonji and Company Private Ltd (SPCPL), Khurshed Daruvala and Sterling and Wilson Solar Ltd (SWSL) to acquire 40.0% […] Read more
