Altus Buys 220 MW Solar Portfolio from RE Equity Firm TGC in USA Updated On Fri, Jan 6th, 2023 by Saurenergy Connecticut based renewable energy infrastructure private equity firm, True Green Capital Management has announced that it has signed a binding agreement last week with Altus Power to sell a portfolio of approximately 220 megawatts (MW) of distributed solar assets. The value of the deal is revealed as $293 million. TGC and Altus Power expect the […] Read more
H2Carrier, Anori to Develop ‘Wind Energy to Green Ammonia’ Project in Greenland Updated On Wed, Jan 4th, 2023 by Saurenergy A letter of Intent has been signed between Norway-based floating energy production and storage maker H2Carrier and Greenland-based Anori for the construction of the first commercial wind farm in Greenland and the use of green energy subsequently for the production of green ammonia. The end product will also be exported to international markets, as per […] Read more
Modi Cabinet Approves Rs 19744 cr For Green Hydrogen Initiatives Updated On Wed, Jan 4th, 2023 by Saurenergy The government’s Green Hydrogen Mission for India got a shot in the arm with the formal approval of Rs 17,490 crore for the same by the Union cabinet today. The allocation is expected to be used for a special PLI (Performance Linked Incentive) scheme for manufacturing a base for electrolysers and other related equipment for […] Read more
Amendments in Electricity Rules Add Clarity On Energy Storage, Open Access Charges Updated On Wed, Jan 4th, 2023 by Saurenergy In a notification on changes to the Electricity Rules for Consumers, the government has sought to add a level of clarity on charges payable by consumers, as well as the status of energy storage systems. Limit To Open Access Charges The notification starts off by establishing a limit of 20% of the cost of supply […] Read more
Turkey Imposes Regulation on Buildings to Meet 5% Energy Needs from RE Updated On Tue, Jan 3rd, 2023 by Saurenergy The world is ramping up energy efficiency efforts by establishing new building codes. Recently, India also set up new norms, including for residential buildings, under the ambit of Energy Conservation (Amendment) Bill 2022. In its bid towards decarbonization, Japan has also mandated the installation of solar panels for new homes post 2025. Now, Turkey has […] Read more
Draft Solar Policy of Delhi Wants 6000 MW Installation by 2025 Updated On Mon, Jan 2nd, 2023 by Saurenergy The Delhi government has accorded approval to the draft Solar Policy 2022 under which the state wants to install solar capacity to 6,000 MW by 2025. In the previous solar policy released in 2016, Delhi had targeted to install solar power of a cumulative capacity of 2,000 MW of solar power by 2022. Readers will […] Read more
Torrent Power Mulls Over Buying 1.1 GW Clean Energy from ReNew Energy Global Updated On Mon, Jan 2nd, 2023 by Saurenergy Ahmedabad-based Torrent Power, that looks into the generation, transmission and distribution of power, is in the midst of discussions with ReNew Energy Global Plc for the purchase of clean power projects, the capacity of which will stand at 1.1 GW. Sources have revealed that the deal is valued at $1.2 billion. ReNew Energy Global Plc […] Read more
Tata Power-DDL & NTPC School of Business to Nurture Manpower in RE Sector Updated On Tue, Dec 27th, 2022 by Saurenergy A joint venture between Tata Power and the Government of Delhi, Tata Power Delhi Distribution Ltd (Tata Power-DDL) recently signed a Memorandum of Understanding (MoU) with NTPC School of Business to advance its vision of building a sizable pool of qualified and trained manpower in the energy sector. By combining the knowledge and resources of […] Read more
Policy Analyst- Solar Energy Updated On Tue, Dec 27th, 2022 by Saurenergy Responsibilities:- Training of new team members on policies such as Electricity Act, Net Metering regulations, open access regulations, DSM regulations etc Creating and maintaining a tracker of all relevant central and state regulations such as CEA, Ministry of Power, SERC, CERC, etc Compile and analyze statistical data using modern and traditional methods to collect it […] Read more
