European Utility Firm Vattenfall to Build Finland’s First Large Offshore Wind Farm Korsnäs Updated On Wed, Dec 21st, 2022 by Saurenergy Swedish state-owned power conglomerate, Vattenfall has said that it has entered into a joint venture with Metsähallitus, is a state owned enterprise of Finland, to build and operate Finland’s first major offshore wind farm. The official statement by Vattenfall held that the project, located at Korsnäs off the Finnish west coast, will have a capacity […] Read more
Punjab Invites Bids for 10 MW Grid Connected Solar Power Plants Tender Updated On Wed, Dec 21st, 2022 by Saurenergy Punjab Energy Development Agency (PEDA) has floated 10 MW grid-connected rooftop or ground-mounted solar power plants under the renewable energy service company (RESCO) model at various locations in the state. The last date for submitting the online bid is January 30, 2023, and the bid will be opened on January 31, 2023. The scope of […] Read more
Telangana Floats Tender for 50 MW Mono PERC Solar Modules Updated On Tue, Dec 20th, 2022 by Saurenergy To purchase 50 MW of monocrystalline passivated emitter and rear contact (MONO-PERC) solar modules under the domestic content requirement (DCR) and non-DCR categories for use in the grid-connected rooftop solar program (Phase-II) and other government projects, the Telangana State Renewable Energy Development Corporation (TSREDCO) has issued a request for bids. The last date for submitting […] Read more
Power Grid Corp of India to Invest Rs 330 Cr in Transmission Project Updated On Tue, Dec 20th, 2022 by Saurenergy Power Grid Corporation of India has revealed its plans to invest in the expansion of the renewable energy infrastructure in the country. In a regulatory filing, the power transmission company said that the Board of Power Grid has approved an investment proposal of Rs 330.61 crore for the development of transmission system that will help […] Read more
Amara Raja Power Selects Nextracker to Supply Solar Trackers to NTPC’s Plant Updated On Tue, Dec 20th, 2022 by Saurenergy NTPC’s Nokh Solar Project, which will soon be one of India’s largest solar parks, will use Nextracker’s award-winning solar trackers. Nextracker is the world’s leading provider of intelligent solar trackers and software solutions. The company recently announced the signing of a master supply agreement (MSA) with Amara Raja Power Systems Limited. This 1,850-hectare project, which […] Read more
Repsol Buys RE Investment Platform Asterion Energies to Add 7.7 GW to Portfolio Updated On Tue, Dec 20th, 2022 by Saurenergy Spanish multinational energy and petrochemical company – Repsol – has announced the signing of the acquisition of Asterion Energies from European infrastructure fund Asterion Industrial for EUR 560 million plus up to EUR 20 million in contingent payments. Repsol said it looks to become a global player in renewable energy and strengthen its position in […] Read more
NTPC Commissions First Part of 300 MW Bikaner’s Nokhra Solar Project Updated On Tue, Dec 20th, 2022 by Saurenergy The Nokhra Solar Project in Rajasthan, which has a 300 MW capacity, has had its first 100 MW of capacity put into service by NTPC, the largest electricity producer in India. According to a regulatory filing recently by the business, “First portion capacity of 100 MW out of 300 MW Nokhra Solar Project at Bikaner, […] Read more
KEC International Adds To Order Book, Including 500 MW Solar Project Updated On Tue, Dec 20th, 2022 by Saurenergy After it won new orders worth ₹1,313 crore across its various verticals, manufacturer of electric power transmission towers, KEC International, saw its shares surge at 7 per cent to Rs 501 on the BSE. The new orders have augmented the firm’s year to date order intake to more than Rs 13,000 crore. With such strong […] Read more
Overseas Green Bonds Help Indian RE Developers Raise Over USD 15 Billion Updated On Mon, Dec 19th, 2022 by Saurenergy Over the past five years, Indian renewable energy (RE) companies have relied on global bond markets to raise green bonds at attractive rates and open up domestic funding lines for new projects. Since 2014, Indian renewable energy developers have raised USD 15.5 billion in green bonds from international markets. The global rise in interest rates […] Read more