Govt Releases Norms for Tariff-Based Bidding Process for RE Power with Storage Updated On Tue, Jun 13th, 2023 by Saurenergy The Ministry of Power recently released a set of guidelines for a tariff-based competitive bidding process for procuring firm and dispatchable power from grid-connected renewable energy power projects with energy storage systems. The document defined renewable power as solar generating systems, wind energy generating systems, or a combination of both, with Energy Storage Systems (ESS). It also […] Read more
Duke Energy in $2.8 Billion Deal with Brookfield Renewable for Commercial Renewables Business Updated On Tue, Jun 13th, 2023 by Saurenergy A key US electricity distributor and generator, Duke Energy has announced reaching reached an agreement to sell its unregulated utility scale commercial renewables business to Brookfield Renewable for $2.8 billion. Brookfield is one of the world’s largest owners and operators of renewable power and climate transition assets. Duke Energy’s expected net proceeds from this transaction […] Read more
Wind Energy Body Proposes 4 Measures To Boost Capacity Updated On Mon, Jun 12th, 2023 by Saurenergy Indian wind industry body Wind Independent Power Producers Association (WIPPA) has proposed four measures to boost progress in the wind energy sector in the country. “At the central government, we request the implementation of the four policies implementation of the bidding plan, ISTS (inter-state transmission system) open access, fixing the missing links in LPS (late […] Read more
MP Allots 525 MW Of Pumped Storage Project At Indira Sagar To NHDC Updated On Fri, Jun 9th, 2023 by Saurenergy The Renewable Energy department of Madhya Pradesh (MP) allotted a 525 Megawatt (MW) of Pumped Storage Project (PSP) to the NHDC Limited, a joint venture of the National Hydro Power Corporation (NHPC) and the Madhya Pradesh government. As per the mandate, the PSP would be constructed using the Indira Sagar reservoir and Omkareshwar reservoir under […] Read more
AES Corporation Acquires USA’s Largest Permitted Solar Plus Storage Project of 2 GW Updated On Thu, Jun 8th, 2023 by Saurenergy The Bellefield project, which is the largest permitted solar project with storage in the USA, has been sold to The AES Corporation by Avantus. The Bellefield project established in Kern County, California, boasts of a cumulative 1 GW of solar and up to 1 GW of energy storage across two phases. A Power Purchase Agreement […] Read more
MNRE, MoP Launch New Mission ‘MAHIR’ To Locally Develop New Energy Solutions Updated On Wed, Jun 7th, 2023 by Saurenergy The Ministry of Power and the Ministry of New and Renewable Energy (MNRE) have jointly launched a National Mission to quickly identify emerging technologies in the power sector and develop them indigenously, at scale, for deployment within and outside India. The National Mission has been named ‘Mission on Advanced and High-Impact Research (MAHIR)’. It aims […] Read more
Envision Energy Bags 1.67 GW Turbine Order for NEOM Green Hydrogen Updated On Wed, Jun 7th, 2023 by Saurenergy Chinese turbine maker Envision Energy has signed a contract to supply 1.67 GW wind turbines for NEOM Green Hydrogen Company, the world’s largest utility-scale green hydrogen plant. This plant will be powered entirely by renewable energy. The mega plant is located at Oxagon, Saudi Arabia’s region of NEOM. Under the contract, 171-6.5 MW wind turbines […] Read more
NHPC, Torrent To Invest Rs 71,000 Crore On Energy Storage, Renewable Energy In Maharashtra Updated On Tue, Jun 6th, 2023 by Saurenergy Government owned hydropower major central PSU NHPC Ltd and Ahmedabad-headquartered Torrent Power have signed separate MoUs with the state government of Maharashtra for the development of storage projects and other renewable energy. With regards to the deal signed by NHPC, the central PSU said in a regulatory filing that it will establish four energy storage […] Read more
Capgemini Offices in India Reach 100% Renewable Energy Updated On Wed, May 31st, 2023 by Saurenergy Multinational information technology services and consulting firm Capgemini has announced that its facilities in India are operating on 100 percent renewable energy (RE). This allows the firm to avoid over 70,000 tonnes of carbon emissions per annum. The firm transitioned to 100 percent renewable energy through onsite renewable energy generation, offsite renewable energy purchase through […] Read more
