Rajasthan To Have Mandatory Energy Storage Obligation From Next Year Updated On Wed, Jun 14th, 2023 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC), in its latest suo motu order, ordered the finalization of its new regulations related to Renewable Purchase Obligations (RPO)s for the obligated entities in the state. It came after the Ministry of Power earlier made a trajectory of RPOs of different clean sources. The new regulations have batted for a […] Read more
Govt Releases Norms for Tariff-Based Bidding Process for RE Power with Storage Updated On Tue, Jun 13th, 2023 by Saurenergy The Ministry of Power recently released a set of guidelines for a tariff-based competitive bidding process for procuring firm and dispatchable power from grid-connected renewable energy power projects with energy storage systems. The document defined renewable power as solar generating systems, wind energy generating systems, or a combination of both, with Energy Storage Systems (ESS). It also […] Read more
Trina Solar Aims To Use 100 RE Power In Global Manufacturing By 2030 Updated On Mon, Jun 12th, 2023 by Saurenergy Solar photovoltaic module solution and energy company Trina Solar has now vowed to use 100 percent renewable energy for its global manufacturing and operations by the end of 2030. The company has outlined its plan to go net-zero with its greener ambitions. The company said that it had expanded its sustainability efforts by implementing various […] Read more
Chile to Launch $2 Billion Bill for Large-Scale Energy Storage Systems for 2026-2028 Updated On Mon, Jun 12th, 2023 by Saurenergy The government of Chile has announced plans to introduce a bill this year aimed at procuring large-scale energy storage systems. With an investment of $2 billion, the initiative is set to commence operations in 2026 and will be the largest project of its kind in Latin America. President Gabriel Boric highlighted the necessity of integrating […] 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
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
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
MNRE, MoP Launch New Mission ‘MAHIR’ To Locally Develop New Energy Solutions Updated On Wed, Jun 7th, 2023 by Saurenergy The Ministry of Power and the Ministry of New and Renewable Energy (MNRE) have jointly launched a National Mission to quickly identify emerging technologies in the power sector and develop them indigenously, at scale, for deployment within and outside India. The National Mission has been named ‘Mission on Advanced and High-Impact Research (MAHIR)’. It aims […] Read more
Oil India Invites Bids for Consultancy Services for 100 MW Solar & Wind Plants Updated On Wed, Jun 7th, 2023 by Saurenergy Oil India has invited bids for consultancy services for 100 MW ground-mounted or floating solar and wind power plants in India. The last date to submit the bids is June 27, 2023. The successful bidder will be responsible for preparing a pre-feasibility report and a detailed project report. The reports will delve into wind and […] Read more
