RE Projects With No PPAs, Made For Power Exchanges- CFD could Make It Possible Updated On Fri, Jun 9th, 2023 by Saurenergy In an announcement that could potentially change the landscape of renewable energy projects, the way they are procured and the flexibility, freedom enjoyed by developers and generators in the industry, new renewable energy projects can now be sold on power exchanges exclusively. Traders and project developers will interact directly for contracting supplies from these projects. […] Read more
Tata Steel Goes With Tata Power For 966 MW RTC Renewable Supply Updated On Fri, Jun 9th, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), through its subsidiary TP Vardhaman Surya Limited, has received a Letter of Award to set up 966 MW RTC (Round-the-clock) hybrid renewable power for Tata Steel. This is one of the biggest industrial RTC power PPAs under the group captive segment in the country. The project has the hybrid […] Read more
Croatia Sets the Ball Rolling for its First Agrisolar Power Plant Updated On Wed, Jun 7th, 2023 by Saurenergy Croatia is set to welcome its first agrisolar power plant, which will be developed by Croatian solar developer, Solida. The construction of the facility with 15 Mwp capacity has begun. The firm has set sights on building only agrisolar plants. For Solida, this will be its largest facility thus far. EUR 10 million Investment The […] Read more
KPI Green Energy Bags 40 MW Hybrid Project in Gujarat Updated On Wed, Jun 7th, 2023 by Saurenergy Independent Power Producer KPI Green Energy has received a letter of intent for developing a 40 MW hybrid green energy project that will come up in Gujarat. The capacity entails 21.50 MW wind and 18.5 MW solar, as per the firm. The 40 MW hybrid project bagged by KPI has been awarded by Anupam Rasayan […] Read more
Intersect Power Brings 415 MWp Radian Solar Online Updated On Wed, Jun 7th, 2023 by Saurenergy US-based clean energy firm Intersect Power has announced the commercial operation of its Radian solar project in Texas that is expected to supply green energy to more than 114,000 homes. As per the official statement by Intersect Power, the Radian solar project has used First Solar panels and created more than half a thousand jobs […] 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
CERC Declines To Give Relief To Adani Subsidiary SBSR Power Over Delay In Solar Project Updated On Tue, Jun 6th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest order, has refrained from granting any relief to solar power producer SBSR Power Cleantech Eleven for the delay in the commissioning of its proposed solar power project. SBSR is a subsidiary of Adani Green Energy Limited (AGEL). The firm received a contract from the Solar Energy Corporation […] Read more
Traded Power Prices Drop 30% YOY At IEX To Rs 4.74/unit In May Updated On Tue, Jun 6th, 2023 by Saurenergy In a good sign for India’s summer months, power trading prices at the largest power exchange in the country, IEX, dropped 30% YOY to Rs 4.74/unit in May. During the month, the exchange enabled 8,251 MU (million units) of power trades. The green market trades at 358 MU, 1.42 lac Renewable energy certificates (RECs equivalent […] Read more
Mcdonald’s Operator Westlife To Power A Third Of New Stores With Solar By FY24 Updated On Mon, Jun 5th, 2023 by Saurenergy To mark World Environment Day 2023, Westlife Foodworld Ltd. (formerly Westlife Development Ltd.) – owner and operator of McDonald’s restaurants in West and South India will progressively install rooftop solar panels on one-third of its new restaurants in FY24. This move is part of the company’s goal to increase the use of renewable energy. In […] Read more
