MRF To Buy 19% Stake In First Energy For Solar Power Purchase Updated On Wed, May 17th, 2023 by Saurenergy Global vehicular tyre manufacturer MRF has said it will be picking up a stake of upto 19.10 per cent in First Energy 4 Pvt Ltd. The contract value disclosed by MRF in the announcement has been estimated to be Rs 13.09 crore. The renewable energy firm develops, constructs, operates, and maintains renewable energy-based power plants […] Read more
Associate – Renewable Designing Updated On Tue, May 16th, 2023 by Saurenergy We are seeking an Associate/Senior Associate-Renewable Designing to be part of our Renewable Engineering team responsible for designing solar, wind, and BESS projects across multiple geographies. The ideal candidate will have designing experience in renewable energy. The candidate must be knowledgeable about renewable energy technologies, particularly solar and wind. Responsibilities:- Design, develop, and manage solar, […] Read more
Recurrent Energy Secures PPA For 100 MW Liberty Solar Project Updated On Tue, May 16th, 2023 by Saurenergy Canadian Solar-owned Recurrent Energy has signed an aggregated virtual power purchase agreement (VPPA) with Texas-based industries for 100% of the production capacity of its Liberty Solar project. The industries concerned are EMD Electronics, Biogen Inc., Wayfair Inc., Autodesk, Inc. and a large healthcare company. Recurrent Energy is currently developing the 100 MWac solar project near […] Read more
Spanish IPP Opdenergy Transfers All Bruc Projects for 1,101MW Cumulative Capacity Updated On Mon, May 15th, 2023 by Saurenergy Renewable energy firm Bruc has completed the acquisition of eight new solar PV power generation plants from independent renewable energy producer Opdenergy with a cumulative capacity of 444 MW. This transaction is part of the agreement reached between Bruc and Spanish Independent Power Producer (IPP) Opdenergy in August 2021 for the sale and purchase of 20 solar […] Read more
RWE Invests €8 Billion In Green Energy In Q1, 2023 Updated On Fri, May 12th, 2023 by Saurenergy German energy company–RWE is making swift progress in green energy as it expanded its green portfolio by 4.9 Gigawatt (GW) in the first quarter of 2023 alone. It was done through a massive investment of EUR 8 billion. The EUR 6.3 billion acquisition of Con Edison Clean Energy Businesses in the US represented the largest […] Read more
RERC Draft Regulation Proposes New Norms For Green Energy Tariff Updated On Thu, May 11th, 2023 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) has proposed new regulations for power consumers who want to use green energy for their power needs. It comes after the Union government amended the Green Energy Open Access Rules last year. The move allowed the Open Access services to even smaller energy consumers with demands up to 100 Kilowatt (kW). In the […] Read more
The Promise Of Solar Energy From Space Updated On Thu, May 11th, 2023 by Saurenergy Solar space farms? One of the most fascinating developments in the renewable energy sector has been the possibility of putting solar technology in space. NASA, in 1977, claimed that in the coming years space solar could completely replace fossil fuels. The study and investments were stopped citing a lack of understanding of the technology required […] Read more
Pivot Energy Secures $200 Million For 100 MW Distributed Solar Updated On Tue, May 9th, 2023 by Saurenergy American solar power and energy storage developer Pivot Energy has closed a $203 million financing facility to support a multi-state portfolio of distributed generation solar projects. Pivot Energy said that Silicon Valley Bank (SVB) and Foss & Company will make the initial tax equity investment. The 100 MWdc portfolio comprises 35 community solar and C&I […] Read more
Kerala Electricity Board Proposes Premium Green Energy Tariff At Rs 2.5/kwh Updated On Tue, May 9th, 2023 by Saurenergy The Kerala State Electricity Board Limited (KSEBL) recently proposed a premium green energy tariff for power consumers who want to purchase renewable power on demand. In its communication to the State Electricity Commission, the board has proposed a premium tariff of Rs 2.543 per Kilowatt-hour for the supply of clean energy to power consumers in Kerala. In […] Read more
