NTPC Addresses Its Wind Capacity with 300 MW Tender for Projects Updated On Thu, Sep 9th, 2021 by Saurenergy Power major NTPC Limited, which has set a 60 GW renewable target for 2032,has invited bids to develop 300 MW of interstate transmission system (ISTS)-connected wind energy projects anywhere in India. The tender follows earlier wind tenders from the utility this year. It also marks the continuing recovery in the wind space after a poor […] Read more
IREDA to Provide Advisory Services to TANGEDCO for RE Projects Updated On Tue, Sep 7th, 2021 by Saurenergy The Indian Renewable Energy Development Agency Ltd. (IREDA) has signed a Memorandum of Understanding (MoU) with the Tamil Nadu Generation & Distribution Corporation Limited (TANGEDCO) for providing its technical expertise in developing renewable energy projects and fund raising. The MoU was signed by Mr. Pradip Kumar Das, Chairman & Managing Director (CMD), IREDA and Mr. […] Read more
6 States to Lead Growth in Indian Renewable Open Access Space: Study Updated On Tue, Sep 7th, 2021 by Saurenergy The bulk of the new capacity addition of renewable Open Access projects would likely be centred in Gujarat, Maharashtra, Uttar Pradesh, Rajasthan, Karnataka and Chhattisgarh in the near term, finds a new report. Tata Cleantech Capital Ltd (TCCL), a joint venture between Tata Capital Limited and International Finance Corporation, Washington D.C. (World Bank Group) has […] Read more
Ayana Renewable, Greenstat Hydrogen Sign MOU For Hydrogen Development In India Updated On Tue, Sep 7th, 2021 by Saurenergy Ayana Renewable Power, a renewable energy platform majority controlled by National Investment and Infrastructure Fund (NIIF), focuses on development of utility scale renewable projects in India. Ayana’s vision is to be the lowest cost renewable energy producer which utilizes technology to maximize value creation. Ayana and Greenstat Hydrogen India, a Norwegian energy organization, recently signed […] Read more
Hungarian Village Gets Mobile Energy Storage Unit Updated On Mon, Sep 6th, 2021 by Saurenergy German electric utility E.ON has been developing large-scale mobile and flexible battery storage systems (BESS) in Hungary to facilitate the integration of new green power plants into existing grids at short notice. Last week the company connected the third such mobile storage system to the local distribution grid in Dúzs. The move was part of the EU-funded […] Read more
65% Of Aspiring Developers Choose To Exit PPA’s in GUVNL Projects In Gujarat Updated On Mon, Sep 6th, 2021 by Saurenergy The Gujarat Urja Vikas Nigam Limited (GUVNL) has received 2605 applications from aspiring solar developers to exit their project commitments, after the utlity offered a one time exit option to developers from the signed PPA’s. The development followed the decision by the state government to offer zero subsidy for these smaller projects, at a fixed […] Read more
Draft Open Access Norms Can be a Tailwind for New RE Projects: CRISIL Updated On Fri, Sep 3rd, 2021 by Saurenergy The Draft Electricity (promoting renewable energy through Green Energy Open Access) Rules, 2021, announced by the Ministry of Power, if implemented as is, could improve the certainty of cash flows for new renewable energy projects coming up through this route, finds CRISIL ratings. In India, power distribution happens through three modes – state distribution companies, […] Read more
Indonesia to Build Solar Projects on Erstwhile Mine Sites Updated On Fri, Sep 3rd, 2021 by Saurenergy Indonesian coal miner PT Bukit Asam plans to build three solar power projects on former mine sites as part of its expansion into renewable energy, the company’s chief executive Suryo has been quoted as saying in media reports. State-controlled Bukit Asam has reserved land in West Sumatra, South Sumatra and East Kalimantan provinces, with the […] Read more
UK to Pump $1.2 B into Green Projects in India: 11th Eco & Fin Dialogue Updated On Fri, Sep 3rd, 2021 by Saurenergy At the 11th India-UK Economic and Financial Dialogue (EFD) held yesterday, Finance Minister Nirmala Sitharaman and UK Chancellor Rishi Sunak signed off a $1.2 billion package of public and private investment in green projects and renewable energy to boost India’s green growth ambitions. The dialogue saw the announcement of new steps to tackle climate change […] Read more
