Avaada Energy Will Supply 560 MW Solar Power To MSEDCL Updated On Fri, Apr 14th, 2023 by Saurenergy Mumbai based renewable energy company Avaada Energy has now bagged a 560 MWdc solar power project under which it will supply green electricity to Maharashtra State Electricity Distribution Co. Ltd (MSEDCL). The tariff decided is Rs 2.88 per unit and the order is bagged by Avaada through an e-reverse auction done by MSEDCL. This followed […] Read more
MERC Allows TPSL To Supply Wind Energy From Its Hybrid Plant As A ‘Short-Term Measure’ Updated On Thu, Apr 13th, 2023 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC), in its latest order, allowed TP Saurya Limited (TPSL) to partially supply only wind power from its 300 Megawatt (MW) hybrid Power plants under a separate short-term power supply agreement. The development came when the renewable energy developer petitioned to seek its approval. It had earlier signed a PPA […] Read more
Australian Govt Picks Eku Energy for Canberra’s 500 MWh Big Battery Project Updated On Thu, Apr 13th, 2023 by Saurenergy Eku Energy, which is the new global battery storage arm of Macquarie Group, has been picked by Australian Capital Territory government for Canberra’s Big Battery project. The Big Canberra Battery project is a large-scale storage facility in Williamsdale. Eku Energy will be responsible for building and operation of the project. The BESS project, pegged at […] Read more
In Bangladesh, Rickshaw VPPs Are The Latest Energy Innovation Updated On Thu, Apr 13th, 2023 by Saurenergy Electric three wheelervehicles have become one of the crucial engines for the surge of EVs worldwide, especially in Asian markets, such as India, China, and Bangladesh. For instance, Bangladesh today has more EVs on the road than Tesla has sold globally to date, as per a white paper named “The Rickshaw VPP” by a climate-tech […] Read more
Masdar Invests In 128 MW Solar Project Of EDF Renewables North America Updated On Wed, Apr 12th, 2023 by Saurenergy UAE renewables major Masdar has acquired 50% stake in a combined solar and battery storage project from EDF Renewables North America. The Big Beau project, located in California, comprises a 128-MW solar PV plant and a 160 MWh BESS. It is one of eight projects that Masdar and EDF Renewables have agreed to jointly partner […] Read more
Kishor Nair Is New Chief Executive Officer Of Avaada Energy Updated On Wed, Apr 12th, 2023 by Saurenergy Avaada Group has appointed Kishor Nair as Chief Executive Officer (CEO) for its renewable arm Avaada Energy. Kishor has been with group since its inception and has risen through the ranks. Avaada Group claims to be India’s leading integrated energy group with business interests across the energy transition value chain. Avaada said that Nair has […] Read more
Solar Energy Corporation of India Gets ‘Miniratna Category-I’ Status Updated On Wed, Apr 12th, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE), in its latest communication, said that the Solar Energy Corporation of India Limited (SECI) had been accorded the status of Miniratna Category-I Central Public Sector Enterprise (CPSE) status on April 10, 2023. SECI, an arm of the MNRE, is the primary project implementing agency formed on September […] Read more
Six Indian States Produced Solar, Wind Energy More Than The Global Average, Says Ember Study Updated On Wed, Apr 12th, 2023 by Saurenergy A recent study report released by Ember, an energy think tank, claimed that wind and solar energy globally reached 12 percent of the world’s electricity share in 2022, from 10 percent in 2021. In India, the joint contribution of wind and solar energy touched nine percent in 2022, with 165 TWh of total clean energy. The report […] Read more
Ryse Energy Raises $15 Million in Growth Capital Round Updated On Tue, Apr 11th, 2023 by Saurenergy Global decentralized renewable energy systems provider Ryse Energy, has said that it has raised a $15 million growth funding round. The firm claims to have sold or installed more than 4,000 units of decentralized renewables worldwide. Ryse Energy said that the funding round was led by RWE Energy Transition Investments, an investment vehicle of RWE […] Read more
