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ACWA Signs 25 Years PPA To Develop Wind, BESS Project In Uzbekistan

Saudi based power company ACWA POWER signed a Power Purchase Agreement (PPA) with National Electric Grid of Uzbekistan. This agreement falls under the Public Private Partnership law in Uzbekistan with the National Electric Grid of Uzbekistan for Nukus 200 MW wind power project along with Battery Energy Storage System (BESS) to be set up in […]

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Torrent Power Secures 450 MW Wind-Solar Hybrid Project

Torrent Power, a Gujarat power company has announced it has secured 300 MW power from wind-solar hybrid energy projects, with a greenshoe option of up to 150 MW through an auction. Further, the company also stated that it won the auction after quoting Rs 3.65/kWh The tender for 300 MW of power supply, with a […]

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Austria Development Bank Invests In RE Firm AMPIN Energy

Renewable energy transition company AMPIN Energy Transition has announced an investment from OeEB, the Development Bank of Austria. OeEB will be investing EUR 25 million in long-term financing to support AMPIN Energy Transition in further expanding its renewable energy portfolio and establishing a local 1GW solar cell and module production facility in the state of […]

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Adani Green Operationalises 1 GW Of Solar Projects At Khavda Within 24 Hours

In two back to back filings at the Bombay Stock Exchange (BSE), Adani Green Energy Limited has announced the operationalisation of two traches of solar projects at Khavda Gujarat. While one involved a group of projects adding upto 775 MW, the other filing pertained to a further 212 MW of projects operationalised. The announcements follow […]

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ALMM To Rule Solar From April 1, 2024 in India

Putting to rest any doubts over the future of sourcing for key solar projects, the Ministry of New and Renewable Energy (MNRE) has confirmed the deadline of March 31 for ending all ALMM related exemptions for developers in a terse, one page office memorandum. At SaurEnergy, we had predicted this outcome early this week. That […]

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Luminous Moves Forward On Solar Panel Mfg. With 250 MW Panel Plant

Leading energy solutions firm Luminous Power Technologies inaugurated its Solar Panel Factory in Rudrapur, Uttarakhand. The company claims the facility has cutting-edge technology and infrastructure designed to ensure maximum efficiency and minimal environmental impact. The launch was graced by legendary cricketer and Luminous Brand Ambassador Sachin Tendulkar, accompanied by Preeti Bajaj, CEO & MD, Luminous Power Technologies, and Manish […]

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Zetwerk Wins Order From Indian Oil To Set Up 1400+ Fast EV Chargers

Bengaluru-based Zetwerk, which is a managed marketplace for contract manufacturing announced its plans to install electric vehicle (EV) fast chargers in major cities and on key highways to enhance accessibility and travel convenience. Zetwerk, a managed marketplace for contract manufacturing recently, secured an order with Indian Oil Corporation Limited (IOCL) to set up EV fast […]

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Australian Government Invests $1 Billion For Solar Sunshot Program

A joint media release by Anthony Albanese Member of Parliament (MP), and the Prime Minister of Australia shared the Albanese government’s $1 billion investment in the Solar Sunshot programme in Australia. The minister said, “Solar Sunshot will help Australia capture more of the global solar manufacturing supply chain through support, including production subsidies and grants. […]

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GUVNL Invokes Greenshoe Option For 880 MW Grid-Connected Solar Projects

Gujarat Urja Vikas Nigam Limited (GUVNL) has announced its plans to secure 500 MW of power from grid-connected solar photovoltaic (PV) projects. GUVNL has floated the tender for the purchase of power from 500 MW Grid Connected Solar Photovoltaic Power Projects to be set up/under construction/already commissioned projects anywhere in India with Greenshoe Option of […]

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