Offshore Wind Projects Starting Before 2033 To Get 25 Years Of ISTS Waiver In India Updated On Mon, May 29th, 2023 by Saurenergy The Ministry of Power, in its latest notification, has allowed a 25-year waiver of Inter-State Transmission System (ISTS) charges for early starters of offshore wind power projects. As per the notification, all the offshore projects commissioned on or before December 31, 2032, would be eligible for the long-term waiver. Besides these, the notification also confirms that […] Read more
Jaipur Vidyut Vitran Nigam Issues Tender for 347 MW Solar Projects Under PM-KUSUM Updated On Mon, May 29th, 2023 by Saurenergy Jaipur Vidyut Vitran Nigam Limited (JVVNL) has issued a tender for 347 MW of solar projects under PM KUSUM (Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan) Program. The project will be developed under RESCO Model. The last date for submission of bids is June 16, 2023. The successful bidder will look into the installation […] Read more
Elawan Energy, BW Ideol Partner for Multi-GW Floating Offshore Wind Projects Updated On Mon, May 29th, 2023 by Saurenergy Construction and Engineering firm BW Ideol has signed a head of terms with Spanish clean energy major Elawan Energy for the joint development of floating offshore wind pipeline off Spain and Portugal. The two firms have not yet declared the actual capacity of the wind energy project but have said that it will of multi-GW […] Read more
Power Ministry Notifies New Amendments To Green Energy Open Access Rules Updated On Wed, May 24th, 2023 by Saurenergy The Ministry of Power has notified the second amendment to the Green Energy Open Access Rules 2022. The new notified rules envisage to amend three provisions of the original rules, published by the ministry in June, last year. The new notified rules have been named Electricity (Promoting Renewable Energy Through Green Energy Open Access) (Second […] Read more
GUVNL Invites Bids For 800MW Solar Projects With Greenshoe Option Updated On Tue, May 23rd, 2023 by Saurenergy Gujarat Urja Vikas Nigam (GUVNL) has invited bids for the purchase of power through a competitive bidding process (followed by reverse e-auction) from the 800 Megawatt (MW) Grid-Connected Solar Photovoltaic Power Projects to be set up in Gujarat State Electricity Corporation Ltd’s Solar Park at Khavda (GSECL Stage 2) with a Greenshoe option of additional […] Read more
Spain Allows TotalEnergies To Develop 3-GW Solar Projects Updated On Mon, May 22nd, 2023 by Saurenergy The route for French energy conglomerate TotalEnergies to develop 3-GW of solar power projects has been smoothened in Spain. As per its announcement, TotalEnergies has obtained from the Spanish authorities (Ministry of Energy Transition and Autonomous Communities) a favourable Environmental Impact Assessment for an estimated 3 GW of installed capacity. Large-Scale Solar Projects This favourable […] Read more
Govt to Offer Subsidies to Build Ships that Employ Offshore Wind Projects Updated On Fri, May 19th, 2023 by Saurenergy The Indian government will now extend subsidies to build ships establishing offshore wind projects. It is a part of the shipbuilding subsidy scheme, which the government revised to include the manufacture of these vessels. The move comes even as the government finally announced a (draft) offshore wind policy and hopes to install the first projects […] Read more
A Lack of Awareness Among Key Stakeholders About Benefits Of Solar Insurance- Sudhish Ramteke, Anand Rathi Updated On Wed, May 17th, 2023 by Saurenergy As solar has achieved scale and a future of strong growth, insurance firms have also done well to catch up and offer products for the sector. Besides the obvious role of de-risking projects for developers, insurance firms also play a key role in wider understanding and acceptance of the risks involved for other key stakeholders, […] Read more
Spanish IPP Opdenergy Transfers All Bruc Projects for 1,101MW Cumulative Capacity Updated On Mon, May 15th, 2023 by Saurenergy Renewable energy firm Bruc has completed the acquisition of eight new solar PV power generation plants from independent renewable energy producer Opdenergy with a cumulative capacity of 444 MW. This transaction is part of the agreement reached between Bruc and Spanish Independent Power Producer (IPP) Opdenergy in August 2021 for the sale and purchase of 20 solar […] Read more
