Volvo Signs Up 1 GW Offshore Wind Project to Power Ops in Sweden Updated On Wed, Oct 18th, 2023 by Saurenergy Sweden-based renewable energy developer Eolus Vind AB has entered into an agreement with Volvo Car AB, under which, Eolus will supply energy to the carmaker from its 1 GW Vastvind offshore wind project. The plant, located off the coast of Gothenburg, will power Volvo’s Torslanda factory in western Sweden. The said project includes a battery […] Read more
NLCIL’s Andaman Solar Plant With BESS To Offer Power At Rs 6.99/unit Updated On Wed, Oct 18th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgment, approved the levelized tariff of Rs 6.99 per unit for NLCIL’s 20 MW solar power plant with a battery energy storage system (BESS) at Andaman. It contrasts the demand of Rs 7,434 per unit by NLC India Limited (NLCIL), which commissioned the project. The company had set […] Read more
NTPC REL Invites Bids for Land & EHV Transmission System Pkg For Upto 2 GW PV Projects Updated On Tue, Oct 17th, 2023 by Saurenergy NTPC Renewable Energy has issued a tender for land and EHV transmission system package for development of upto 2 GW ISTS connected solar PV projects in Rajasthan (tranche-III) (Domestic Competitive Bidding). The last date for receipt of bids comprising both techno-commercial bid and price bid is November 14, 2023. Techno-commercial bid opens on November 14, […] 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
TPREL Arm to Build 12.5 MW Captive Solar Plant in Maharashtra Updated On Tue, Oct 17th, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), a renewable energy player and a subsidiary of The Tata Power Company Limited, has signed a Power Delivery Agreement (PDA) with Endurance Technologies Limited, an auto component manufacturer, through a special purpose vehicle (SPV) TP Green Nature Limited. The firm will develop a 12.5 MW AC captive solar plant. […] Read more
SECI Invites RFS For 1000 MW Solar Projects Under Tranche XII Updated On Tue, Oct 17th, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) has issued an RfS (Request for selection) for selection of Solar Power Developers for setting up 1000 MW ISTS-connected solar PV power projects in India under Tariff-Based Competitive Bidding (SECI-ISTS-XII). The last date for submission of bids is November 20, 2023. Bid opening date is November 23, with […] Read more
Solar Rooftop Developer Freyr Energy Secures INR 54 Crore Equity Investment Updated On Mon, Oct 16th, 2023 by Saurenergy Freyr Energy, a leading tech-enabled rooftop solar company in India, has secured an equity investment of INR 58 Crores. Freyr Energy is focused on taking solar energy for the retail customers (Homeowners and Micro, Small, and Medium Enterprises) in India. The round was led by EDFI ElectriFI, an EU-funded impact investment facility managed by EDFI […] 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
Space-Based Solar Power Expects Growth At a CAGR of 8.0%: Report Updated On Mon, Oct 16th, 2023 by Saurenergy Polaris, a research organisation, released a market report on the solar space-based solar power. The report expects market growth to grow at a Compound annual growth rate (CAGR) of 8.0 percent. This is expected to be achieved during the forecast period, 2023 – 2032. This research places importance on the use of solar-powered satellites to […] Read more
