Latest Solar Auction in Germany Oversubscribed by 3.5 Times Updated On Fri, Feb 2nd, 2024 by Saurenergy The latest solar PV auction for ground-mounted capacity in Germany concluded with three and half times oversubscription with 574 bids totalling 5.5 gigawatts (GW), surpassing the 1.6 GW of capacity up for auction. The German Federal Network Agency, the Bundesnetzagentur, published the results for the tender that sought 1.61GW of solar PV capacity. According to […] Read more
JVVNL To Reduce Timeline For Net metering To 18 days For Rooftop Solar Updated On Fri, Feb 2nd, 2024 by Saurenergy Jaipur Vidyut Vikas Nigam Limited (JVVNL) has planned to decrease the timeline for net-metering procedures to 18 days to expedite the process of rooftop solar installations in the city. It comes at a time when the Union government has also put a thrust on boosting rooftop solar installations through the newly announced Pradhan Mantri Suryodaya Scheme. At […] Read more
GUVNL Invites Bids For Power Procurement From Khavda Solar Park Updated On Thu, Feb 1st, 2024 by Saurenergy Gujarat Urja Vikas Nigam Limited (GUVNL) has invited bids for the procurement of renewable power through a competitive bidding process (followed by an e-reverse auction) from its 1,125 MW grid-connected solar photovoltaic power projects to be set up in Gujarat State Electricity Corporation Limited (GSECL) renewable energy (RE) Park at Khavda (GSECL Stage-3). The project […] Read more
With $500 million of Production Tax Credits, 600 MW Solar Project Moves Ahead In US Updated On Thu, Feb 1st, 2024 by Saurenergy Vesper Energy, a developer, owner, and operator of utility-scale renewable energy assets, has announced the closing of financing for its Hornet Solar project. The asset will deliver renewable energy to communities throughout Texas, provide grid stability, and mitigate price volatility in Electric Reliability Council of Texas (ERCOT) which provides power to the grid in the […] Read more
ADB Issues its Largest Local Currency Green Bond in Indian Rupees Updated On Wed, Jan 31st, 2024 by Saurenergy The Asian Development Bank (ADB) has raised 12.5 billion Indian rupees (about $150 million) through its largest local currency green bond issue to date. The issue is structured as a 4-year currency-linked bond, with a bullet repayment at maturity and carrying a fixed interest rate of 6.72% per year, ADB said in a media release […] Read more
Railways Awards Contracts To 6 Firms For Its 750MW RE Project Updated On Wed, Jan 31st, 2024 by Saurenergy The Indian Railways has chosen six renewable energy companies to develop 750 MW of Round-The-Clock (RTC) renewable power. This comes after it released a tender earlier last year seeking developers. The Railway Energy Management Company Limited (REMCL) floated the tender. REMCL is a joint venture of the Indian Railways and RITES Ltd. As per the […] Read more
DRE, Mini-Grids Can Aid In The Growth Of E-Cooking In India: CSE Report Updated On Wed, Jan 31st, 2024 by Saurenergy A latest report from the Centre For Science and Environment (CSE) recommended the phasing out of LPG cylinders, used primarily for cooking in India. The CSE researcher advocated for boosting electric cooking (e-cooking) instead. The report also talked about the main challenges in rolling out large-scale adoption of e-cooking in India and the likely solutions […] Read more
Global Fashion Retailer H&M Signs PPA To Build 3 Solar Parks In Sweden Updated On Tue, Jan 30th, 2024 by Saurenergy Global fashion retailer and fast fashion brand H&M Group has signed long-term power purchase agreements (PPAs) with European solar developer and independent power producer Alight regarding the construction of three new solar parks in Sweden. The ground-mounted solar parks will be located in Blekinge, Södermanland, and Halland, with a capacity of 13 MW, 6 MW […] Read more
Sr Manager/DGM Updated On Tue, Jan 30th, 2024 by Saurenergy Lead the strategic planning and development of wind energy projects, considering technical feasibility, regulatory requirements, and stakeholder interests. Collaborate with cross-functional teams to assess project viability, resource requirements, and potential risks. Ensure cost-effectiveness and adherence to financial parameters. Monitor financial performance throughout the project lifecycle, identifying and addressing budgetary issues promptly. Stay abreast of local, […] Read more
