Masdar Signs Agreement with Kyrgyzstan to Develop 1GW Renewable Projects Updated On Wed, Apr 20th, 2022 by Saurenergy The Central Asian economies are looking to diversify their energy basket in order to reduce their carbon emissions and reduce dependence on fossil fuels which are mostly imported. In the latest development, United Arab Emirates based clean energy company Masdar has signed a memorandum of understanding (MoU) with the Ministry of Energy of Kyrgyzstan in […] Read more
GUVNL Issues Tender For 500 MW Non-Park-based Solar Power Projects Updated On Tue, Apr 19th, 2022 by Saurenergy Gujarat Urja Vikas Nigam Limited (GUVNL), the state electricity regulation board of Gujarat, has issued a Request for Selection (RfS) for procurement of power through Competitive Bidding from 500 MW Non-Park based Solar Power Projects with a Greenshoe option of an additional 500 MW. Prices are likely to be in the range of Rs 2.45 […] Read more
GRIDCO Will Buy 200MW Solar Power from NTPC Updated On Tue, Apr 19th, 2022 by Saurenergy Grid Corporation of Odisha (GRIDCO), a public sector undertaking of Odisha State Government has signed a Power Sale Agreement (PSA) with National Thermal Power Corporation (NTPC) in Bhubaneswar for the purchase of clean energy. The official statement of GRIDCO reads that under the Power Sale Agreement, GRIDCO will procure 200 MW of solar power at […] Read more
PolyJoule Promises Plastic Batteries To Store Renewable Energy on Grid Updated On Mon, Apr 18th, 2022 by Saurenergy Battery storage forms a crucial link in the renewable energy system, given the intermittent nature of renewables. Amid many technologies that are emerging in the domain, Boston-based energy start up PolyJoule has created a battery which is made up of plastic – electrically conductive polymers – which makes the energy storage on the grid not […] Read more
Tata Power Renewables to get Rs 4,000 crore Investment from BlackRock, Mubadala Updated On Mon, Apr 18th, 2022 by Saurenergy Tata Power Renewable Energy Ltd has raised Rs 4,000 crore to build a comprehensive platform to achieve its renewable sector ambitions in India. In a statement filed with exchanges, it has shared that a binding agreement has been signed by Tata Power and the BlackRock Real Assets-led consortium under which BlackRock will invest in Tata […] Read more
Power ministry seeks EOI to set up pilot mfg zone for power & RE sector Updated On Thu, Apr 14th, 2022 by Saurenergy The Ministry of Power (MoP) has sought Expression of Interest (EOI) for setting up a manufacturing zone on pilot basis for Power & Renewable Energy Sector. The Ministry had earlier issued orders conveying implementation of a Scheme for Setting up a Manufacturing Zone for Power and Renewable sector on pilot basis with a budgetary outlay […] Read more
MoP Launches Fresh Version of Scheme For Bundling Thermal with Renewable Energy Updated On Thu, Apr 14th, 2022 by Saurenergy The Ministry of Power (MoP) has repealed its scheme on bundling thermal/hydro power plants with standalone renewable energy projects, substituting it with a fresh scheme. In November, 2021, MoP issued the ‘Scheme for Flexibility in Generation and Scheduling of Thermal/Hydro Power Stations through bundling with Renewable Energy and Storage Power’ to comprehensively cover replacement of […] Read more
NeuConnect Undersea Project to Link Energy Markets of Germany and UK Updated On Thu, Apr 14th, 2022 by Saurenergy The NeuConnect Project, which will create the first interconnector or direct power link between Germany and Great Britain, connecting two of Europe’s largest energy markets is making a move as contracts of £1.5 billion have been awarded by its consortium for the development of undersea link for electricity transmission between Europe’s two largest economies – […] Read more
Energy company Genneia says it will invest $200 mln in RE parks Updated On Wed, Apr 13th, 2022 by Saurenergy Argentine thermal and renewable energy producer Genneia SA said on Monday it will invest $200 million in Argentine renewable energy parks over the next two years, at a time when the country is going through a severe energy deficit that affects its fiscal balance. “Tocota III” solar park, located in the province of San Juan, […] Read more
