MCL Invites Bids For 20 MW (AC) & 28 MW Solar Proj. In Orissa Updated On Fri, May 17th, 2024 by Saurenergy Mahanadi Coalfields Limited (MCL) invites bids for the construction of solar PV power plant for its captive consumption in Lakhanpur and Jagannath Area (in Orissa). MCL has approved the preparation of a detailed project report (DPR) under CAPEX mode for the development of 20 MW (AC)/28 MW (DC) solar PV power plants in the above-mentioned […] Read more
SaurEnergy Explains: A Guide to Green Power Trading Updated On Fri, May 17th, 2024 by Saurenergy The world has witnessed exponential growth in the renewable energy sector, particularly over the last decade, as the importance of renewable energy has become common knowledge. According to one IRENA report, 2023 set a new record in renewables deployment in the power sector by reaching a total capacity of 3,870 Gigawatts (GW) globally. Furthermore, renewables […] Read more
Australia’s Origin Energy To Establish 2 GWh Battery In Queensland Updated On Thu, May 16th, 2024 by Saurenergy Origin Energy has filed an environmental study with the Australian government for the construction of a new 500 MW/2,000 MWh battery energy storage facility to be developed near Kogan, approximately 40 km west of Dalby in Queensland’s Darling Downs region. The largest combined cycle gas-fired power plant in Australia, the 630 MW Darling Downs power […] Read more
India’s Annual RE Capacity To Remain At 15-18GW Over FY25-FY26: Report Updated On Thu, May 16th, 2024 by Saurenergy India Ratings and Research (Ind-Ra) expects the annual renewable capacity addition to maintain pace and remain at 15-18GW over FY25-FY26, owing to a significant reduction in equipment prices, continued policy support, availability of liquidity and investment plans of some of the large corporate players in the renewable sector for growth. However, the execution timelines of […] Read more
IEX Year End Review: DAM Prices Witness A Decline In FY24 Updated On Thu, May 16th, 2024 by Saurenergy Indian Energy Exchange (IEX) in its audited financial results for the fourth quarter & year ended March 31, 2024, found a total volume in FY24 to reach 110.1 BU which is a 13.7% YoY increase. In the audited standalone IEX financial results for the fourth quarter and financial year ending March 31, 2024, the company reported an increase in its revenue in FY’24 at Rs.550.8 […] Read more
SJVN, Hero Future Energies Sign PPA For 120 MW AP Solar Project Updated On Wed, May 15th, 2024 by Saurenergy SJVN Limited (SJVN), an Indian Public Sector Undertaking (PSU), recently signed a Power Purchase Agreement (PPA) with Hero Future Energies. The company singed this agreement with SJVN Limited for a 120 MW Firm and Dispatchable Renewable Energy (FDRE) project to be developed in Andhra Pradesh. Under the agreement, the project is expected to be commissioned […] Read more
Exicom Launches DC Chargers With Power Outputs Up To 400kW Updated On Wed, May 15th, 2024 by Saurenergy Exicom, an electric vehicle (EV) charging and critical power solutions provider in India, launched fast DC Chargers up to 400kW. The newly launched Harmony Gen 1.5 DC Fast Chargers are bundled with a range of advanced features including an advanced AI-driven remote management system. It has high operational efficiency, integrated ambient lighting, and many features […] Read more
Australia Plans To Boost Local Solar Module Manufacturing, Allocates Funds Updated On Wed, May 15th, 2024 by Saurenergy The Australian government has now planned to boost its solar module manufacturing locally. The government yesterday in its latest budget had also announced special packages for boosting solar module manufacturing and renewable energy in the region. As per the budget document of the government, the Australian government will allocate $3.2 billion on the next one […] Read more
Hitachi Energy Inks 3.5 GW Wind Power Transmission Deal In US Updated On Wed, May 15th, 2024 by Saurenergy Hitachi Energy announced that it has signed a multi-year agreement with Pattern Energy to support its high-voltage direct current (HVDC) technologies for the SunZia Transmission Project. The link will connect the 3,515-megawatt (MW) SunZia Wind project in New Mexico to Arizona and Western states, which will be one of the world’s largest transmission links delivering […] Read more