ACWA Power to Build $7.5 bn Worth Renewable Energy Projects & BESS in Uzbekistan Updated On Tue, Mar 21st, 2023 by Saurenergy Saudi renewables developer ACWA Power has inked three PPAs and investment agreements with Joint-Stock Company (JSC) National Electric Grid of Uzbekistan (NEGU) and Ministry of Investment, Industry and Trade of Uzbekistan. Under the agreements, ACWA Power will develop three solar PV projects in Tashkent and Samarkand. It will also build three Battery Energy Storage Systems […] Read more
CERC Overrides SECI To Allow Wind Developer Extra 5% Capacity Addition Updated On Mon, Mar 13th, 2023 by Saurenergy The CERC has given a nod to Green Infra Renewable Energy Limited (GIREL), which was looking to install an additional 5% capacity for its 249.90 MW wind power project located in Tuticorin District, Tamil Nadu and Kutch in Gujarat. Green Infra Wind Energy Ltd (GIWEL) is the parent company of GIREL and had won the […] Read more
Tata Power Renewable Energy Joins Hands with Tata Power DDL for 510 MW Hybrid Project Updated On Fri, Mar 10th, 2023 by Saurenergy A subsidiary of Tata Power and a major renewable energy player in the country, Tata Power Renewable Energy Limited (TPREL) has entered into a Power Purchase Agreement (PPA) with Tata Power Delhi Distribution Limited (Tata Power-DDL). The PPA is for a 510 MW hybrid project. Tata Power-DDL, a joint venture between Tata Power and Govt. […] Read more
High Priced Power Portal Launched Formally To Tackle Summer Peaks Updated On Fri, Mar 10th, 2023 by Saurenergy As reported earlier by SaurEnergy, the formal start of the high priced power regime has been started to combat the summer peaks in power supply. For the record, India’s February power demand was an all time high. Launching the High Price Day Ahead Market and Surplus Power Portal (PUShP) – an initiative to ensure greater […] Read more
CERC Rejects Change In Law Plea For BCD Demanded By Developers In SECI’s Tranche IX Solar Tender Updated On Thu, Mar 9th, 2023 by Saurenergy In the tariff approval plea filed by SECI (Solar Energy Corporation of India) for its tranche IX solar tender, where it had bid out 2000 MW of capacity in 2020, the CERC (Central Electricity Regulatory Commission) found itself analysing a range of issues. Be it the change in GST on key solar components, to increase […] Read more
Lightsource bp Secures Approval to Build 1.6 GW Solar Project in Spain Updated On Thu, Mar 2nd, 2023 by Saurenergy Global renewable energy conglomerate Lightsource bp – a joint venture between Lightsource and British Petroleum – has held that its route for the development of solar energy projects of multi-GW stands cleared in Spain. In a key development, Lightsource bp has received the environmental go-ahead for 19 solar power projects having total cumulative capacity of […] Read more
SaurEnergy Explains-Regulatory Assets And Why They Matter To Power Sector Updated On Tue, Feb 28th, 2023 by Saurenergy The Union government last year pulled up all State Electricity Regulatory Commissions (SERCs) and the Joint Electricity Regulatory commission (JERC) relating to creating prohibited ‘regulatory assets’, and required them to come up with concrete plans for these assets’ liquidation. The centre also pressed the commissions to not approve any more dues as regulatory assets in […] Read more
French Firm Akuo Energy Looks to Set up Agrisolar Portfolio in Greece Updated On Thu, Feb 23rd, 2023 by Saurenergy French renewable energy firm Akuo Energy has established its first solar park in Greece. Back in October 2021, the firm had set up the 1 MW Chalki island project. The newly launched project includes four PV comprising 1 MW each. The yearly output of the project will help meet the needs of 350 households, the […] Read more
UK’s Biggest Solar Corporate PPA Signed Between Vodafone, Centrica & MYTILINEOS Updated On Tue, Feb 21st, 2023 by Saurenergy Telecommunications firm Vodafone and Centrica, international energy services and solutions company, have entered into a second corporate Power Purchase Agreement (PPA). They have joined hands with MYTILINEOS S.A, a leading global industrial and energy company to facilitate the output from five solar farms that are in the works in England. These will cumulatively generate 216 […] Read more
