Amp Energy Closes Investments Totaling USD 250 Million From SMBC, ICG, and AIIB Updated On Mon, Jun 12th, 2023 by Saurenergy Delhi-based Amp Energy India, with a total portfolio of 2.7GW+ spread across 17 states in the country Mumbai, Bangalore & Kolkata. The company has secured up to USD 250 million from SMBC Bank of Japan (Sumitomo Mitsui Banking Corporation), ICG (Intermediate Capital Group), and AIIB (Asian Infrastructure Investment Bank) to fund the growth of the […] Read more
Wind Energy Body Proposes 4 Measures To Boost Capacity Updated On Mon, Jun 12th, 2023 by Saurenergy Indian wind industry body Wind Independent Power Producers Association (WIPPA) has proposed four measures to boost progress in the wind energy sector in the country. “At the central government, we request the implementation of the four policies implementation of the bidding plan, ISTS (inter-state transmission system) open access, fixing the missing links in LPS (late […] Read more
UP Seeks To Test Solar Template At Magh Mela 2024 For Bigger Kumbh Ambitions Updated On Mon, Jun 12th, 2023 by Saurenergy The Uttar Pradesh government’s plan to develop 20 solar cities by 2026-27 with a total installed capacity of 16,000 MW is beginning to show some specific outcomes. In Prayagraj, one of the cities on the list, solar energy will be used extensively during the upcoming Magh Mela-2024. Preparations have apparently begun after a go-ahead from […] Read more
SECI Signs PSA With GRIDCO To Provide 600 MW Of Wind Power To Odisha Updated On Fri, Jun 9th, 2023 by Saurenergy The Solar Energy Corporation of India Limited (SECI), has signed a Power Sale Agreement (PSA) with Odisha’s state utility GRIDCO. GRIDCO is the state government’s nodal agency for dealing with the bulk transmission of power in the state. Under the agreement, GRIDCO will purchase 600 Megawatt (MW) of wind power from SECI under Tranche – […] Read more
Masdar Offers Lowest Bid of US 1.62154 cents/Kwh for World’s Largest Solar Park in Dubai Updated On Fri, Jun 9th, 2023 by Saurenergy The world’s largest single site solar park in Dubai, Mohammed bin Rashid Al Maktoum Solar Park has received two bids (ACWA Power and Masdar) for the phase VI of the1,800 MW tender launched in September 2022. Dubai Electricity and Water Authority (DEWA) revealed that Masdar submitted the lowest bid of USD 1.62154 cents per kilowatt […] 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
KPI Green Gets Commissioning Certificates from GEDA for 26.10 MW Hybrid Power Project Updated On Thu, Jun 8th, 2023 by Saurenergy Gujarat-based KPI Green Energy, which develops, builds, owns, operates, and maintains solar power plants as an independent power producer and captive power producer has announced receiving commissioning certificates from GEDA (Gujarat Energy Development Agency). The firm has commissioned 26.10 MW wind-solar hybrid power project. The hybrid project comprises of 16.10 MW capacity of wind while […] Read more
MNRE Revises Norms For Dispute Resolution Mechanism Updated On Thu, Jun 8th, 2023 by Saurenergy In its latest order, the Ministry of New and Renewable Energy (MNRE) has revised the guidelines for setting up a Dispute Resolution Mechanism (DSM). The Ministry earlier had issued the norms for the first time in 2018 and later made several amendments. The ministry, in the latest order, said that the new norms would supersede all previous […] Read more
AES Corporation Acquires USA’s Largest Permitted Solar Plus Storage Project of 2 GW Updated On Thu, Jun 8th, 2023 by Saurenergy The Bellefield project, which is the largest permitted solar project with storage in the USA, has been sold to The AES Corporation by Avantus. The Bellefield project established in Kern County, California, boasts of a cumulative 1 GW of solar and up to 1 GW of energy storage across two phases. A Power Purchase Agreement […] Read more
