Noway’s Norfund, KLP Partner with ReNew Power to Invest in India’s Transmission Sector Updated On Tue, Jan 10th, 2023 by Saurenergy Norfund and KLP have announced that they will invest around Rs 900 million in partnership with ReNew Power for 49% ownership stake in ReNew’s transmission project in the Koppal district of Karnataka state in India, with ambitions for further joint investments. ReNew Power is one of the largest renewable energy independent power producers (IPPs) in […] Read more
Hyderabad’s Greenko to Set Up Pumped Storage Project of 11 GWh in Madhya Pradesh Updated On Tue, Jan 10th, 2023 by Saurenergy Hyderabad-based clean energy firm Greenko Group is set to invest Rs 10,000 crores in a Pumped Storage Project (PSP). The storage project is to be established near Gandhi Sagar in the Neemuch district of Madhya Pradesh. At present, the firm delves into both wind and solar of capacity of more than 500 MW. These are […] Read more
CERC Approves Tariff For SECI’s 1200 MW RTC Power Project Updated On Tue, Jan 10th, 2023 by Saurenergy SECI’s landmark RTC tender for green energy has received formal CERC approval for tariff adoption and trading margins. SECI had issued a tender in 2019 for “Round-the-Clock” supply of 400 MW ISTS-connected Renewal Energy project with assured peak power supply in India under tariff based competitive bidding. SECI recently filed a petition with CERC for […] Read more
Tunisia Comes Up With Solar Power Tenders Of 1 GW Updated On Tue, Jan 10th, 2023 by Saurenergy Tunisia is catching up on its renewable energy targets to decarbonise its economy and add to the global efforts for tackling the challenge of climate change. In a fresh development, Tunisia’s Ministry of Energy, Mines and Renewable Energies has launched two new tenders for the development of solar PV projects of cumulative capacity of 1 […] Read more
Bijlee LED Emerges L1 for MEDA Tender for 486 KW Solar PV Power Plant Updated On Mon, Jan 9th, 2023 by Saurenergy The Maharashtra Energy Development Agency (MEDA) had issued a tender for 486 KW of distributed capacity grid connected solar PV power plant under rooftop HT net metering along with DC power optimizer at Koradi Shopping Complex in Nagpur. The firms that participated in the bidding process included Bijlee LED Lighting, Novasys Greenergy and Shree Ashoka […] Read more
Matter Energy and Luminous Power In Partnership For Energy Storage Solutions Updated On Fri, Jan 6th, 2023 by Saurenergy Matter Energy, the Ahmedabad-based technology start-up, has entered into a strategic partnership with Luminous Power Technologies aiming to create a technological breakthrough in the field of home inverters and stationary applications. According to the release, the solution would also encourage many possibilities of generating sustainable energy through domestic solar and wind power generation, storing, and […] Read more
RE Firm Green Genius Expands Solar Portfolio in Poland Updated On Fri, Jan 6th, 2023 by Saurenergy Renewable energy firm Green Genius and Poland-based banking group mBank have entered into a financial transaction worth PLN220m (€46m) that will pave the way for the establishment of a 69 MW solar portfolio. Currently, Green Genius has large presence in the Polish market and this is the largest deal by the firm here. The first […] Read more
Green Energy to be Focus Area During Egyptian Pres Visit on R-Day Updated On Thu, Jan 5th, 2023 by Saurenergy Egyptian President Abdel Fattah El-Sisi will be presiding over as the Chief Guest on India’s Republic Day. This is the first time that an Egyptian leader is invited as Chief Guest on the day. Ahead of the visit, green energy has surfaced as an important of cooperation between India and Egypt. Green hydrogen has specifically been […] Read more
IEX December Power Trading Update Updated On Thu, Jan 5th, 2023 by Saurenergy India’s premier energy exchange, The Indian Energy Exchange, has achieved 8452 MU total volume in December 2022, including Green Power trade of 377 MU, and 4.87 lac RECs (equivalent to 487 MU). The total electricity volume on the Exchange in December ’22 was 7964 MU, an increase of 8% on MoM and 4% on YoY […] Read more
