Tata Power-DDL Wins Innovation with Impact Award at ICC Energy Summit Updated On Fri, Dec 9th, 2022 by Saurenergy Tata Power Delhi Distribution Ltd (TPDDL), a joint venture between Tata Power and the Government of Delhi, has secured the Innovation with Impact Award in the category of “Quality of Service and Customer Empowerment”. TPDDL was awarded at the 16th India Energy Summit, which was held in New Delhi and was hosted by the Indian […] Read more
IPP Globeleq Signs PPAs for 450 MW Solar Power in South Africa Updated On Fri, Dec 9th, 2022 by Saurenergy Globeleq, the key partner in the Ikamva Consortium, has said that it has reached legal close on six solar energy projects under South Africa’s Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). The solar projects total to 450 MW in capacity. Globeleq, the Africa-focused independent power producer (IPP) – is majority partner in the Ikamva […] Read more
CERC Orders MPPMCL & DMRC to Compensate ACME Solar Updated On Fri, Dec 9th, 2022 by Saurenergy Following the Central Electricity Regulatory Commission’s (CERC) decision pronouncing that solar developers are entitled for compensation in lieu of greater expenses incurred ever since the GST was introduced, solar developer ACME Jaipur Solar Power has asked the Commission to give MPPMCL and DMRC instructions on how to pay the late payment and rate. The Central […] Read more
Greenko Bags NTPC’s 3000 MWh Energy Storage Project Tender Updated On Fri, Dec 9th, 2022 by Saurenergy Greenko Energies has emerged as the lowest bidder by a significant margin for NTPC Renewable Energy’s auction to set up interstate transmission system (ISTS)-connected energy storage systems of 3,000 MWh capacity with a minimum of 500 MW capacity to be installed anywhere across India. Greenko won the entire capacity by quoting Rs 27.9 lakh /MWh/year, […] Read more
EDF Renewables, Wärtsilä to Develop 50 MW/100 MWh Energy Storage in UK Updated On Fri, Dec 9th, 2022 by Saurenergy Finnish company which manufactures and services power sources Wärtsilä has announced that it has signed a contract with EDF Renewables UK and Ireland to deliver a new grid-scale energy storage facility in the United Kingdom. The storage system will be delivered in Sundon, Bedfordshire. The official statement of Wärtsilä held that the 50 MW/100 MWh […] Read more
Partners Group To Acquire RE Platform Sunsure Energy For $400 Million Updated On Thu, Dec 8th, 2022 by Saurenergy Global private markets firm Partners Group has agreed to acquire a majority stake in Sunsure Energy, a renewable energy and decarbonization solutions platform in India, on behalf of its clients. The official statement of Partners Group held that the company will invest up to $400 million in the Sunsure Energy. Sunsure was founded in 2015 […] Read more
France’s Proparco Invests $10 Million in Sun King’s Solar Kit Business in Africa Updated On Thu, Dec 8th, 2022 by Saurenergy Proparco, a division of the French Development Agency (AFD) group, invested in a $10 million green bond that will be lent to Sun King, an African solar kit retailer. The Swiss impact investor Symbiotics Group, through its MSMR Bonds platform, issuing the green bond. A total of 309 bonds worth $2.67 billion have already been […] Read more
IIT Madras Installs a Wave Energy Generator Off the Coast of Tamil Nadu Updated On Thu, Dec 8th, 2022 by Saurenergy IIT Madras researchers asserted to have created an energy converter that can produce electricity from ocean waves. The second week of November saw the successful conclusion of the trials. The test was carried out in collaboration with the Motilal Nehru National Institute of Technology (MNNIT) Allahabad and the Andhra Pradesh-based firm Virya Paramita Energy (VPE). […] Read more
MSEDCL Invites RFS for 300 MW Solar Project Updated On Wed, Dec 7th, 2022 by Saurenergy Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) has invited RFS (request for selection) for the procurement of a cumulative 300 MW of solar power from decentralized solar projects under component-A PM-KUSUM scheme to be developed in Maharashtra through a competitive bidding process. The last date for submitting the online bid is January 09, 2023, till […] Read more