MNRE Widens ALMM Ambit To Cover Open Access, PM KUSUM. Domestic Manufacturers To Benefit Updated On Fri, Jan 14th, 2022 by Saurenergy In an office memorandum dated January 13, the Ministry of New and Renewable Energy (MNRE) has delivered on a promise made by Power and MNRE Minister R.K. Singh earlier to cover all govt. assisted projects under the ALMM scheme. The minister had contended that they have been advised that even projects availing of benefits like […] Read more
Reliance Announces Rs 5.955 lakh Crore Renewable Energy Plans For Gujarat Updated On Thu, Jan 13th, 2022 by Saurenergy Reliance Industries Limited (RIL), the $73.8 billion conglomerate with profits over $10.9 billion in 2021 has announced a massive plan to invest in its key manufacturing base and state, Gujarat. In a stock exchange filing today (Jan 13), the firm confirmed an MoU signed at the Vibrant Gujarat Summit 2022 with the Government of Gujarat, […] Read more
ICRA Predicts 16 GW Capacity Addition For RE In FY23 Updated On Tue, Jan 11th, 2022 by Saurenergy The outlook for the capacity addition in the renewable energy (RE) sector remains strong with a large project pipeline of over 55 GW and the highly competitive tariffs offered by these projects. The commitment to climate change goals announced by the Prime Minister at the recent COP26 summit, including increasing the non-fossil power capacity to […] Read more
Spanish Renewables Tender for CSP, Biomass to be Out in April Updated On Wed, Jan 5th, 2022 by Saurenergy The Spanish government will release its next renewable energy tender in April 2022 to award 500 MW to mostly solar and biomass-based projects, the ministry for the ecological transition has announced. The ministry put the proposal for the auction terms to public consultation until January 21. The plan is to hold the event on April […] Read more
Sungrow In 430 MWh ESS Deal In Israel Updated On Mon, Jan 3rd, 2022 by Saurenergy Sungrow, whose energy storage solutions have emerged in a big way ion the past few years, has signed a deal with Enlight Renewable Energy, an Israeli traded Developer and IPP for a 430 MWh project. Under the agreement, Sungrow will supply Enlight with 430 MWh of its flagship liquid cooled energy storage system (ESS). The […] Read more
NTPC RE Arm to Get Strategic Investor Ahead of Oct’22 Listing Updated On Wed, Dec 29th, 2021 by Saurenergy State-run power giant NTPC plans to rope in a strategic investor for its clean energy arm NTPC Renewable Energy Ltd (NREL) ahead of its listing on bourses in October 2022, according to a senior official, media reports have said. The listing of NREL is part of the state-run power giant’s overall Rs 15,000-crore divestment plan […] Read more
SECI Signs off 2021 With 1785 MW Tender Award At Rs 2.17/unit Updated On Sat, Dec 25th, 2021 by Saurenergy In a late announcement yesterday, the Solar Energy Corporation of India announced the bid winners of its 1785 MW Solar tender (Tranche IV) for Rajasthan, whose bid deadline was May 21, with a final winning price of Rs 2.17 /unit. The final winners list has a mix of PSU, private and foreign forms in it, […] Read more
African Nation Namibia to Tender 50-130MW CSP Project Next Year Updated On Thu, Dec 23rd, 2021 by Saurenergy Namibia Power Corporation Ltd (NamPower), the national electric power utility company of the African country Namibia, is planning to issue a tender for a 50MW-130MW concentrated solar power (CSP) with storage project in 2022. The project is expected to require investment of US$600mn-US$1bn, with a target commissioning date set for 2025. The plans were revealed by […] Read more
Renewables Financing Gaining At Coal’s Expense In India, Says Report Updated On Thu, Dec 16th, 2021 by Saurenergy As most countries struggled to regain lost momentum in various industrial sectors during the Covid lockdowns, India’s story, too, has been no different. A new report in December 2021 on Coal Vs Renewable, a Financial Analysis, says that lockdowns to deal with the COVID-19 pandemic did slow down the pace of renewable energy installations in […] Read more
