Textile Major H&M Signs PPA With Neoen & Alight For 90 MWp Solar Park In Sweden Updated On Wed, Dec 14th, 2022 by Saurenergy French Renewable energy player Neoen and solar power specialist Alight have announced the signing of a PPA for 90 MWp of green energy in Sweden with the Swedish fashion retailer H&M Group. Under the long-term PPA, the solar park, located in Hultsfred, Sweden, will provide H&M Group with local renewable energy and guarantees of origin, […] Read more
Mahindra CIE Automotive Takes 27% Stake in Captive Power Developer Strongsun Solar Updated On Tue, Dec 13th, 2022 by Saurenergy Automotive component maker and supplier Mahindra CIE Automotive has said that it has invested Rs 2.42 crore in Strongsun Solar. Mahindra has made the investment through a subscription of 3,03,250 equity shares of Rs 10 each of Strongsun Solar which will constitute 27.35% of the post-issue paid-up capital of the renewable energy company. Strongsun Solar […] Read more
KREDL Floats Tender for 2 MW Solar Plant with 4.5 MW Storage System Updated On Tue, Dec 13th, 2022 by Saurenergy Karnataka Renewable Energy Development Limited (KREDL) has invited a Request for Proposal (RFP) for the supply of a 2 MW (AC) Solar PV Power Plant (2.2 MWp DC) with 4.5 MWh Battery Energy Storage System having 12 years Plant O&M at Pavagada Ultra Mega Solar Park of Tumakuru District in Karnataka. The last date for […] Read more
MSEDCL Discovers Price of Rs 9.0/kWh in 250 MW Solar with Storage Tender Updated On Tue, Dec 13th, 2022 by Saurenergy The 250 MW solar project power purchase auction for the Maharashtra State Electricity Distribution Company (MSEDCL) has concluded Ayana Renewables Power Private Limited (ARPPL) and NTPC Renewable Energy as the winners. MSEDCL’s decided opening tariff was 9.65/kWh, while the awarded capacity tariff was 9.0/kWh. Ayana Renewables Power Private Ltd (ARPPL) and NTPC Renewable Energy, both […] Read more
NTPC Allocates 5 GW to Green Hydrogen, Ammonia from its 2032 RE Targets Updated On Tue, Dec 13th, 2022 by Saurenergy State-owned power provider NTPC anticipates the employment of 5 GW of its 60 GW green portfolio objective by 2032 in the green hydrogen and ammonia market, according to Mohit Bhargava, Chief Executive Director of NTPC REL. As far as the hydrogen business is concerned, NTPC has already launched three pilot projects. One is based in […] Read more
Costs Related to REC Certificates Hiked 2x to 10X By CERC Updated On Tue, Dec 13th, 2022 by Saurenergy In an order dated Dec 9, the Central Electricity Regulatory Commission has accepted the demand of the National Load Despatch Centre (NLDC), the designated entity for registration and issuance of REC (Renewable Energy Certificates) to increase charges linked to the certificates. NLDC had submitted that it was losing money in the whole process, and consequently, […] Read more
India’s Biggest Data Center Player NTT India to Power Data Centres with Solar Power Updated On Mon, Dec 12th, 2022 by Saurenergy The NTT Group, the biggest data center player in India a global leader in offering people, customers, and communities technology and business solutions. The firm has said it will employ power from solar energy to maintain its environmental goals. The firm boasts of $108 billion in revenue and over 330,000 workers throughout more than 80 […] Read more
Mainstream, Ocean Winds, Statkraft Collaborate with Aker Solutions for Floating Wind Updated On Mon, Dec 12th, 2022 by Saurenergy Global renewable energy company Mainstream Renewable Power, Ocean Winds and Statkraft have signed an MoU with Aker Solutions, in Norway to collaborate on offshore wind at Utsira Nord. The official statement held that Mainstream, Ocean Winds and Statkraft are in a consortium to pursue an application to develop floating wind power at the Utsira Nord […] Read more
Netherlands Looking to Tender its Largest Offshore Wind Power Projects Next Year Updated On Mon, Dec 12th, 2022 by Saurenergy The Netherlands is expediting to expand the renewable energy development in a bid to end fossil fuel imports from Russia and decarbonize its economy. In a latest key development, the Netherlands’ Ministry of Economic Affairs and Climate Policy (EZK) has said that it is working on plans to amalgamate the first four offshore wind energy […] Read more
