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
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
MNRE Issues Standard Format For Test Report Of Solar Water Pumps Updated On Fri, Jun 9th, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now issued a new office memorandum prescribing a standard format for the solar photovoltaic water pumping system test report. It comes after almost a few months after the ministry issued specifications and testing procedures for the same. The ministry said that the move was taken to reduce the […] Read more
NTPC Issues Tender for 1.46 GW for Solar Projects Updated On Fri, Jun 9th, 2023 by Saurenergy NTPC Renewable Energy Limited (NTPC REL) has issued a tender for the supply of solar modules for a cumulative capacity of 1.46 GW. These projects are located in Madhya Pradesh, Gujarat and Rajasthan. NTPC REL is the renewable energy arm of state-owned Indian utility NTPC Limited. The said 1.46 GW capacity entails the Shajapur Solar […] Read more
RE Projects With No PPAs, Made For Power Exchanges- CFD could Make It Possible Updated On Fri, Jun 9th, 2023 by Saurenergy In an announcement that could potentially change the landscape of renewable energy projects, the way they are procured and the flexibility, freedom enjoyed by developers and generators in the industry, new renewable energy projects can now be sold on power exchanges exclusively. Traders and project developers will interact directly for contracting supplies from these projects. […] Read more
KPI Energy Commissions 7.20 MW Wind-Solar Hybrid Project in Surat Updated On Fri, Jun 9th, 2023 by Saurenergy KPI Green Energy, a firm that own and delves into the development, operation and maintenance of renewable energy plants, has announced commissioning a 7.20 MW wind-solar hybrid project for Nouveau Jewellery in Surat. The project comprises wind capacity of 4.20 MW while the solar capacity is 3 MW. The project has been commissioned under the […] 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
Punjab State Power Corporation Issues Tender To Procure 200 MW Solar Power Updated On Fri, Jun 9th, 2023 by Saurenergy Punjab State Power Corporation Limited (PSPCL) has invited bids for the procurement of 200 MW solar power from grid connected solar photovoltaic power projects to be set up anywhere in Punjab. PSPCL has invited prospective bidders for the e-bidding under Swiss Challenge Method, based on an existing offer in hand of PSPCL from a bidder, […] Read more