Duke Energy in $2.8 Billion Deal with Brookfield Renewable for Commercial Renewables Business Updated On Tue, Jun 13th, 2023 by Saurenergy A key US electricity distributor and generator, Duke Energy has announced reaching reached an agreement to sell its unregulated utility scale commercial renewables business to Brookfield Renewable for $2.8 billion. Brookfield is one of the world’s largest owners and operators of renewable power and climate transition assets. Duke Energy’s expected net proceeds from this transaction […] Read more
SJVN, Dhaani Renewables, Apraava Energy Among Winners of 1.2 GW SECI Tender Updated On Mon, Jun 12th, 2023 by Saurenergy State-owned entity SJVN Ltd arm SJVN Green Energy has won a 200 MW wind power project won through competitive bidding in a tender floated by Solar Energy Corporation of India (SECI). SJVN Green Energy won the full quoted capacity of a 200 MW wind power project at the rate of Rs 3.24 per unit. Apraava […] Read more
EU Focus On Renewables Could Add 69 GW in 2023 Updated On Mon, Jun 12th, 2023 by Saurenergy The EU’s renewed focus on renewable energy is no secret, especially after the Russian-Ukraine war that started last year. New reports indicate that the continent could see additions of as many as 69 GW in renewable capacity, mostly solar, in 2023. That, combined with a high focus on bringing manufacturing back to the region, indicates […] Read more
India Added 1,077 MW Of Additional Renewable Capacities In May Updated On Mon, Jun 12th, 2023 by Saurenergy The latest released monthly power installation report from the Central Electricity Authority (CEA) claimed that India added a total of 1076.7 Megawatt (MW) of renewable energy (excluding hydro) in the month of May this year. It included the addition of 743.34 MW of solar energy. By the end of April 2023, the country had a total installed […] Read more
SECI Signs PSA With GRIDCO To Provide 600 MW Of Wind Power To Odisha Updated On Fri, Jun 9th, 2023 by Saurenergy The Solar Energy Corporation of India Limited (SECI), has signed a Power Sale Agreement (PSA) with Odisha’s state utility GRIDCO. GRIDCO is the state government’s nodal agency for dealing with the bulk transmission of power in the state. Under the agreement, GRIDCO will purchase 600 Megawatt (MW) of wind power from SECI under Tranche – […] Read more
RE Projects With No PPAs, Made For Power Exchanges- CFD could Make It Possible Updated On Fri, Jun 9th, 2023 by Saurenergy In an announcement that could potentially change the landscape of renewable energy projects, the way they are procured and the flexibility, freedom enjoyed by developers and generators in the industry, new renewable energy projects can now be sold on power exchanges exclusively. Traders and project developers will interact directly for contracting supplies from these projects. […] Read more
Tata Steel Goes With Tata Power For 966 MW RTC Renewable Supply Updated On Fri, Jun 9th, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), through its subsidiary TP Vardhaman Surya Limited, has received a Letter of Award to set up 966 MW RTC (Round-the-clock) hybrid renewable power for Tata Steel. This is one of the biggest industrial RTC power PPAs under the group captive segment in the country. The project has the hybrid […] Read more
Inox Wind Wins 100 MW Project from ABEnergia Renewables Updated On Thu, Jun 8th, 2023 by Saurenergy Wind energy solutions provider, Inox Wind has won an order for a 100 MW wind power project from ABEnergia Renewables Pvt Ltd (ABEnergia), an IPP (Independent Power Producer). Inox Wind will be responsible for the supply and installation of state-of-the-art, new generation 3.3 MW wind turbine generators with 145 m rotor diameter and 120 m […] Read more
BPCL Invites Bids for Consultancy Services of 50 MW Wind Power Projects Updated On Thu, Jun 8th, 2023 by Saurenergy Public sector fuel marketing major Bharat Petroleum Corporation Ltd (BPCL) has issued a tender inviting bids for 50 MW of wind projects to be established in Maharashtra and Madhya Pradesh. The last date for the submission of bids is June 22, 2023. The scope of the work entails preparing tender documents, specifications for the EPC […] Read more
