Govt Issues Renewable Consumption Targets For Discoms, Others Updated On Tue, Oct 24th, 2023 by Saurenergy The Ministry of Power, in its latest notification, issued a trajectory of renewable energy consumption for discoms, open access and captive power consumers. The new norms make these obligated entities to phase out the usage of fossil fuels in a phased manner. The new mandate was issued as per Section 14 of the Energy Conservation Act, […] Read more
Tata Power Renewable Energy in 12.5 MW PDA with Supreme Petrochem Limited Updated On Mon, Oct 23rd, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), a renewable energy player and a subsidiary of Tata Power Company Limited has signed a Power Delivery Agreement (PDA) with Supreme Petrochem Limited for a 12.5 MW group captive project through a SPV – TP Saturn Limited. Located in Achegaon, Maharashtra, the plant will generate around 27.5 million units (MUs) […] Read more
To Boost Efficiency, India Launches Star Ratings Of Solar Panels Updated On Fri, Oct 20th, 2023 by Saurenergy Union Minister for Power and New and Renewable Energy RK Singh today launched a star rating programme for solar panels. The minister said the ratings would be voluntary for the module makers for the first year. However, this will be made mandatory in the next few years after scrutiny of the ministry. “We want to empower the […] Read more
Tata Steel Limited Eyes 26% Stake in Tata Power Arm Updated On Fri, Oct 20th, 2023 by Saurenergy Steelmaking firm Tata Steel Limited (TSL) has joined hands with Tata Power Renewable Energy Limited (TPREL) and TP Vardhaman Surya Ltd. (TPVSL). Under this agreement, TSL seeks to acquire 26% in TPVSL, currently a wholly owned subsidiary of TPREL. As per the agreement, TSL will also execute a fixed-tariff long-term agreement with TPVSL to source […] Read more
India and US Are Major Drivers Of Utility-Scale Solar Power: ISA Updated On Fri, Oct 20th, 2023 by Saurenergy The International Solar Alliance (ISA) recently released a report titled ‘World Solar Market Report’. It talks about the overall global scenario in the solar energy sector. The report placed India as one of the new undisputed leaders in global solar energy deployment. The report mentions that the global solar PV deployment had been primarily driven […] Read more
Cabinet Approves Plan For 13 GW Of Renewable Project In Ladakh Updated On Wed, Oct 18th, 2023 by Saurenergy The Cabinet Committee on Economic Affairs, chaired by the Prime Minister, Narendra Modi, today approved the project on Green Energy Corridor (GEC) Phase-II – Inter-State Transmission System (ISTS) for 13 GW Renewable Energy Project in Ladakh. The project is targeted to be set up by FY 2029-30 with total estimated cost of Rs 20,773.70 crore […] Read more
At Least 3000 GW of Renewable Power Projects in Grid Connection Queues: IEA Updated On Wed, Oct 18th, 2023 by Saurenergy The International Energy Agency (IEA) has released a report on, ‘Electricity Grids and Secure Energy Transitions Enhancing to Support the Foundations for Building Resilient, Sustainable and Affordable Power Systems’. The report emphasises that the grid’s risk is becoming a weak link of clean energy transitions. The report suggests that a link between delays in grid […] Read more
NLC Introduces Renewable Energy Subsidiary- NIGEL Updated On Tue, Oct 17th, 2023 by Saurenergy Tamil Nadu-based NLC India Limited, a Navratna Central Public Sector has incorporated a wholly-owned subsidiary, NLC India Green Energy Limited (NIGEL). The arm has been established to commission renewable energy projects. NIGEL has set sights on executing renewable energy projects of a cumulative of 2 GW. These entail a 600 MW solar power project in […] Read more
Home Energy Consumption In India to Triple By 2050, Says EIA Report Updated On Mon, Oct 16th, 2023 by Saurenergy The US Energy Information Administration (EIA), in its energy outlook report for 2023, has come out with a number of projections and scenarios that might surprise people. Not least of which is the attention to India, which the report projects, will become the world’s largest solar market by capacity additions, overtaking China and the US, […] Read more
