JSW Receives LOA For 700 MW ISTS-Connected Project From SJVN Updated On Tue, Feb 27th, 2024 by Saurenergy JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has received Letter of Award (LoA) for ISTS-connected solar capacity of 700 MW from SJVN Limited, against Tariff based Competitive Bid (TBCB) invited for setting up of 1,500 MW ISTS-connected solar power projects. Following the award of 700 MW capacity from SJVN Ltd, […] Read more
Atlas Renewable Energy Acquires Its First Solar Project In Colombia Updated On Mon, Feb 26th, 2024 by Saurenergy Renewable Energy Company, Atlas Renewable Energy has announced that it acquired its first solar project in Colombia. The Shangri-La solar project, located in the Department of Tolima, will generate approximately 403.7 GWh per year and will supply clean energy through a power purchase agreement (PPA) that Atlas has entered into with a leading Colombian company […] Read more
MNRE Finalises BESS Mechanisms For ‘Round-the-Clock’ Renewable Energy Updated On Mon, Feb 26th, 2024 by Saurenergy A meeting was held by Union Minister for Power and New & Renewable Energy RK Singh on February 22 regarding finalising the structure for operationalizing the scheme for Viability Gap Funding (VGF) for the development of Battery Energy Storage Systems (BESS) with a capacity of 4,000 Megawatt Hours (MWh). The minister emphasised that the price […] Read more
SJVN Commissions 50 MW Gujrai Solar Power Station In Uttar Pradesh Updated On Fri, Feb 23rd, 2024 by Saurenergy Satluj Jal Vidyut Nigam (SJVN) Limited announced the commencement of successful commercial operation of its 50 MW Gujrai Solar Power Station in Kanpur Dehat, Uttar Pradesh today. With this milestone, the total installed power capacity of SJVN stands at 2,277 MW, with ten power stations currently operational. The 50 MW Gujrai Solar Power Station has […] Read more
PM To Launch Solar, Other Projects In Chhattisgarh On Feb 24 Updated On Fri, Feb 23rd, 2024 by Saurenergy PM Narendra Modi will launch a slew of solar and other energy-related projects worth Rs 34,400 crore in Chhattisgarh on February 24. The inauguration will take place during ‘Viksit Bharat Viksit Chhattisgarh’ programme on the same day. These projects will cater to several important sectors including roads, railways, coal, power, and solar energy among others. […] Read more
CleanMax To Enhance Energy Resilience At Bengaluru International Airport Updated On Thu, Feb 22nd, 2024 by Saurenergy CleanMax Enviro Energy Solutions, a leading C&I Renewable Energy Company with projects across Asia and Bangalore International Airport Limited (BIAL) have signed a 25-year long-term PPA for the generation and supply of renewable energy from a 45.9 MW Solar-wind Captive Power Project under a SPV named – Clean Max BIAL Renewable Energy Private Limited. CleanMax […] Read more
PSP Emerges Cost Competitive To BESS: CareEdge Ratings Analysis Updated On Thu, Feb 22nd, 2024 by Saurenergy CareEdge Ratings a research-based company in its recent estimate for this year found PSP and BESS to be two leading technologies for energy storage. The CareEdge report found that Pumped Storage Projects (PSP) and Battery-Energy Storage Solutions (BESS) technology can become leading technologies in the mainstream mediums for energy storage. It holds the potential to […] Read more
Schneider Electric, ENGIE Enter Tax Credit Transfer Agreement Under IRA Updated On Thu, Feb 22nd, 2024 by Saurenergy Schneider Electric, a digital energy and automation manager company recently announced its investment in a portfolio of Texas-based clean energy projects. Through this, it utilized a Tax Credit Transfer Agreement (TCTA) for solar and battery storage systems developed, built, and operated by ENGIE North America (ENGIE). The contracted projects are expected to come online throughout […] Read more
SECI Invites RFS for 1200 MW ISTS Wind-Solar Hybrid Projects in India Updated On Thu, Feb 22nd, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has issued a Request for Selection (RfS) for the development of 1200 MW of Wind-Solar Hybrid Power Projects on a Build-On-Own basis. The projects have been launched under the tariff-based competitive bidding under Tranche-8 of SECI. A single-stage, two-envelope bidding procedure will be adopted and will proceed as […] Read more