Faster RE Deployment In West Africa Could Save Millions By 2030-Wärtsilä Study Updated On Wed, Jun 7th, 2023 by Saurenergy Speaking last week at the West Africa Energy Transition Forum in Dakar in the presence of key energy decision-makers, experts from Wärtsilä shared insights on the impact renewables will have on power system cost, flexibility, and stability in West Africa. They presented the results of their latest study which investigates Senegal’s optimal power system expansion. […] Read more
Assistant Trainee (F&A) Updated On Wed, Jun 7th, 2023 by Saurenergy A Maharatna Public Sector Enterprise under the Ministry of Power, Govt. of India and one of the largest Transmission Utilities in the World, is engaged in power transmission business with the mandate for planning, co- ordination, supervision and control over complete Inter-State Transmission System. POWERGRID operates around 1,74,601 circuit kms of transmission lines along with […] 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
EVs Face A Speed Breaker As Skeptics Gather Evidence Around Key Issues Updated On Tue, Jun 6th, 2023 by Saurenergy The Delhi government recently announced Motor Vehicle Aggregator Policy, which mandates a shift to EVs for cab aggregators, besides other incentives for electric vehicles (EVs). The move has apparently caused a pause in the stock price of CNG supplier Indraprastha Gas Limited (IGL). The plan mulls phase-wise conversion of commercial cab services, running primarily on […] Read more
Spain’s Solar Energy Structure to Divest 90 MW of Solar Projects Updated On Tue, Jun 6th, 2023 by Saurenergy Spain-based solar developer and installer Solar Energy Structure has entered into an agreement that paves the way for the divestment of up to 90 MW of PV projects. The name of the listed European independent power producer to whom the project has been divested has not been revealed yet. As per the contract, three solar […] Read more
Real Estate Developer Gaurs Group Sets Up First 15 MW Solar Project Updated On Tue, Jun 6th, 2023 by Saurenergy Real estate developer Gaurs Group has entered into the energy sector and marked the foray with the establishment of a 15 MW solar project at Mahoba, Uttar Pradesh. An investment worth INR 70 cr has been made into the said project, which spreads to an area of 50 acres. As per the company statement, the […] 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
HPPCL Issues Tender for Supply of 5 MW Solar Project Updated On Tue, Jun 6th, 2023 by Saurenergy Himachal Pradesh Power Corporation Limited (HPPCL) has invited bids for the design, supply, construction & erection, testing, commissioning and operation and maintenance for eights years for 5 MW solar power project at Bhanjal, Una, Himachal Pradesh. The last date and time of submission is June 21, 2023. The technical bid opens on June 21, 2023. […] Read more