Govt Orders Implementing Scheme On Pooled Tariff Of Older Power Plants From July 1 Updated On Fri, Apr 21st, 2023 by Saurenergy The Ministry of Power, in its latest notification, has asked all states and other concerned institutions to take necessary actions to implement the proposed scheme of pooling tariffs of older thermal power plants whose Power Purchase Agreements (PPAs) have expired. The scheme aims to use the power generation capacity of thermal power plants older than 25 […] Read more
ReNew Power Bags 200 MW of GUVNL’s 500 MW Tender; Solarcraft, Mahindra Susten, Avaada Energy Other Winners Updated On Fri, Apr 21st, 2023 by Saurenergy Gujarat Urja Vikas Nigam’s (GUVNL) tender, floated in February this year, for the supply of power from 500 MW of grid-connected solar projects (Phase XIX) has been won by ReNew Power, Solarcraft Power, Mahindra Susten, and Avaada Energy. Capacities & Tariff ReNew Solar Power bagged the highest capacity of 200 MW. It had quoted Rs 2.71 […] Read more
Oriana Power Commissions 1MW Floating Solar Power Project In Rajasthan Updated On Fri, Apr 21st, 2023 by Saurenergy Oriana Power, a Noida-based solar energy company, has now announced the commissioning of its 1 Megawatt (MW) floating solar power project in the Udaipur district of Rajasthan. The renewable energy company planned this project in a water body on the premises of Dabok Mines in the district. The company said that it commissioned the project […] Read more
GUVNL Awards 200MW Solar Project To Avaada Energy With A Tariff Of Rs 2.75/KwH Updated On Fri, Apr 21st, 2023 by Saurenergy The Gujarat Urja Vikas Nigam Limited (GUVNL) has now awarded a 200 MW solar power project to Avaada Energy, an arm of Avaada Group. The project contract was given at a tariff of Rs 2.75 per Kilo-Watt-Hour (KwH). GUVNL awarded the project to the renewable energy company through competitive bidding, followed by an e-reverse auction. […] Read more
Wartsila Wins Contract For Delivering Australia’s Largest Energy Storage Project Updated On Thu, Apr 20th, 2023 by Saurenergy Origin Energy has selected technology group Wartsila as their preferred contractor to deliver energy storage solutions for Australia’s largest energy storage projects in the first phase. The project in its first phase has plans to have 460 Megawatt (MW) and 920 MW of energy storage systems. These Eraring batteries will be stationed at Origin’s Power […] Read more
EBRD Loans $200 Million to Turkish Renewable Energy Developer Updated On Thu, Apr 20th, 2023 by Saurenergy The European Bank for Reconstruction and Development (EBRD) is providing a loan of $200 million to Turkey’s Borusan EnBW Enerji Yatirimlari ve Uretim to help the firm strengthen its financial position and invest in renewable energy sector with gender inclusion. The funds are being provided by EBRD under a syndicated structure with the Netherlands Entrepreneurial […] Read more
NTPC Floats Tender For 9,000 MWH Of ISTS-Connected Energy Storage Systems Updated On Thu, Apr 20th, 2023 by Saurenergy The National Thermal Power Corporation Renewable Energy Limited (NTPC REL) has now invited online bids from developers for a 9,000 Megawatt-Hour (MWH) of Inter-State Transmission System (ISTS)-connected energy storage solution. The tender said the plant(s) could be based anywhere in India. The minimum capacity of the same should be 1,500 MW, the tender said. NTPC […] Read more
UK Renewable Energy Developer Field Sets Sights on Multi-Gigawatt Battery Projects in Italy Updated On Thu, Apr 20th, 2023 by Saurenergy UK-based renewable energy developer Field has set sights on expanding operations into Italy. The firm is mulling over the development of a multi-gigawatt portfolio of battery storage projects across Italy. Field is looking at the acceleration of the deployment of large-scale battery storage projects in the country. The firm will look into the operation of […] Read more
Lithuanian firm AEI Raises EUR 92 Million For Renewable Energy Investments Updated On Thu, Apr 20th, 2023 by Saurenergy Lithuania based investment company Atsinaujinančios Energetikos Investicijos (AEI) has announced that it has raised EUR 92 million in past two years and the investments will be made in the renewable energy sector. AEI is managed by Lords LB Asset Management. The company has made investments in the development of solar power plants in Poland and […] Read more
