Sterlite Power Wins Nangalbibra-Bongaigaon ISTS power transmission bid In North-East Updated On Mon, Oct 18th, 2021 by Saurenergy Sterlite Power, a leading private sector power transmission infrastructure developer and solutions provider, has been awarded the Nangalbibra─Bongaigaon inter-state power transmission project worth INR 324 Cr through tariff-based competitive bidding (TBCB) by virtue of emerging as the L1 bidder. The project elements consist of a new 220/132 kV substation at Nangalbibra and laying of ~130 km […] Read more
Biden’s 30 GW Offshore Wind Plans Face Many Headwinds Updated On Mon, Oct 18th, 2021 by Saurenergy Plans to lease much of the U.S. coastline — from the Gulf of Mexico to the Northeast, California and Oregon — for offshore wind farms by 2025 are likely to face a steady barrage of resistance from various constituents, as renewable energy faces the biggest problem fossil fuels largely bypass. The NIMBY syndrome, or (Not […] Read more
SECI Kicks Off Storage Push With EOI For 1 GW Project Updated On Mon, Oct 18th, 2021 by Saurenergy SECI has been given the go ahead for inviting expression of interest for installation of 1000 MWh Battery Energy Storage System (BESS) as a pilot project. This is the joint effort of both Ministry of New and renewable energy and Ministry of Power who have been working on this to provide a road map for […] Read more
Reliance In Deal With Stiesdal To Develop And Manufacture Electrolysers Updated On Thu, Oct 14th, 2021 by Saurenergy Continuing with its slew of deal making this week, Reliance New Energy Solar (RNESL), a subsidiary of Reliance Industries has announced a partnership with Danish company Stiesdal A/S to develop and manufacture hydrogen electrolysers. These are the final, critical part of the chain to produce green hydrogen, with energy for the electrolysers coming from renewable […] Read more
At 2256MW, Gujarat adds Most Solar, Wind Capacity b/w July’20 & June’21 Updated On Thu, Oct 14th, 2021 by Saurenergy India added a total of 6,530 mega watt (MW) of solar and wind capacities between July 2020 and June 2021, according to a report released yesterday by Bridge to India, a renewable energy consultancy and knowledge services provider. Gujarat added 2,256 MW capacity, the highest capacity during the said period, followed by Rajasthan and Uttar Pradesh […] Read more
ReNew Power Targets 18GW Capacity by 2024-25, from 6.4GW at Present Updated On Wed, Oct 13th, 2021 by Saurenergy To lead India’s energy transition and global green energy transformation, ReNew aspires to have 18 GW of operational capacity by FY’25, said Gurugram-based ReNew Power in a statement released yesterday. The company’s current operating capacity stands at 6.4 GW. ReNew expects to have its 10.2 GW portfolio operational by the end of FY’23 which also includes […] Read more
IREDA Disburses Rs 1100 Crore To Vector Green In 45 Days Updated On Wed, Oct 13th, 2021 by Saurenergy The Indian Renewable Energy Development Agency (IREDA) has disbursed a loan of Rs 1100 crores to Mumbai-based Vector Green Energy, which is focused on solar and wind power. Highlighting the size and speed of disbursal, IREDA said that it is the highest-ever disbursement to a single company in a day by the organisation. Even as IREDA […] Read more
Reliance Adds NexWafe In Strategic Bets with EUR 25 million Investment Updated On Wed, Oct 13th, 2021 by Saurenergy Reliance Solar Energy Limited (RSEL), the subsidiary fronting renewable energy investments from Reliance Industries, has entered into an agreement with Germany-based NexWafe GmbH (NexWafe) for acquiring 86,887 series C preferred shares of face value of EUR 1 each. RSEL will also be issued 36,201 warrants which are exercisable for a consideration of EUR 1 per […] Read more
Global Microgrids Market to Reach $46 B by 2026, China to be at $12 B Updated On Tue, Oct 12th, 2021 by Saurenergy Global market for microgrids estimated at US$27 billion in the year 2020, is projected to reach a revised size of US$46.5 billion by 2026, growing at a CAGR of 9.3% over the period, according to a new report. Key highlights of the “Microgrids: Global Market Trajectory & Analytics” report are given below: Global Micro Grids Market to […] Read more
