NIIF-Backed Ayana Renewable Power To develop 330 MW RE Capacity For Hindalco Updated On Mon, Sep 4th, 2023 by Saurenergy Ayana Renewable Power, one of the largest Independent Power Producers (IPP) in India and backed by National Investment and Infrastructure Fund (NIIF), British International Investment (BII) and Green Growth Equity Fund, has signed a Power Purchase Agreement with Hindalco Industries Limited, the metals flagship company of the Aditya Birla Group, for the supply of 100 MW of Round-the-Clock […] Read more
Renewables Led To Saving Of $520bn in Fuel Costs Globally: IRENA Updated On Wed, Aug 30th, 2023 by Saurenergy A new report by the International Renewable Energy Agency (IRENA) claimed that the global power sector saved $520 billion in fuel costs last year, owing to the increasing adoption of renewable energy sources. The report underscores how the ongoing fossil fuel price crisis catalyzed the competitiveness of renewable power sources. In 2022, 86 percent, equivalent to 187 Gigawatts (GW), […] Read more
NLC India Moving Towards Hybrid RE Projects: Prasanna Kumar, CMD Updated On Tue, Aug 29th, 2023 by Saurenergy Saur: What are the significant works NLCIL undertook in the past few years to boost its renewable portfolio? CMD: NLC India Limited (NLCIL) was an early bird central PSU to venture into the renewable sector. Our first renewable energy project was awarded in 2013 with a 51 MW wind power project. Later, we shifted towards […] Read more
Used Car Batteries Can Now Create Renewable Energy Storage System Updated On Thu, Aug 24th, 2023 by Saurenergy Marquee auto major Jaguar Land Rover (JLR) has joined hands with Wykes Engineering Ltd, a firm that delves in the renewable energy sector, to make a new renewable energy storage system from used car batteries. The British multinational automobile manufacturer, through this partnership, will make among largest energy storage systems in the UK. This will […] Read more
Govt Releases New Bidding Norms For Hybrid Projects Updated On Wed, Aug 23rd, 2023 by Saurenergy The Ministry of Power has now developed its latest bidding guidelines for solar and wind hybrid projects. It will apply to all intra-state hybrid projects with a capacity of 10 MW and more and to all those with 50 MW or more capacity. The norms said that the rated power capacity of one resource (wind […] Read more
Principal Consultant – Renewable Updated On Tue, Aug 22nd, 2023 by Saurenergy Technical due diligence, techno-economic viability, feasibility studies, detailed project reports covering review of technology, design, contracts, infrastructure, permits and clearances, land area analysis, risk analysis, financial model. Construction monitoring covering drawdown plan review, project scheduling, tracking on physical progress, tracking on financial progress, quality checks and site safety review Solar and wind resource assessment and energy […] Read more
Sungrow Signs127 MWh Energy Storage Deals In Israel Updated On Thu, Aug 17th, 2023 by Saurenergy Sungrow, the global leading inverter and Energy Storage System (ESS) supplier, has inked a milestone deal with EDF Renewables Israel, the leading renewable energy company in Israel, to deliver cutting-edge liquid-cooling storage systems PowerTitan for a substantial 127 MWh energy storage projects. These projects with EDF Renewables Israel follow the successful signing of previous 50 […] Read more
Norfund Pumps Repeat Investment into Fourth Partner Energy for ₹350 Cr Updated On Fri, Aug 11th, 2023 by Saurenergy Norwegian Investment Fund for developing countries – Norfund today announced a fresh investment of ₹350 Cr into renewable energy solutions platform, Fourth Partner Energy (4PEL). This is the second round of equity infusion by Norfund into 4PEL, following its $100 Mn investment in June 2021. Speaking about this development, Anders Blom, Vice President at Norfund […] Read more
Tata Power Signs MoU With Maharashtra For 2800 MW of PSP Updated On Wed, Aug 9th, 2023 by Saurenergy Tata Power has signed a Memorandum of Understanding (MoU) with the Maharashtra government to develop Pumped Hydro Storage Projects (PSP) with a combined capacity of 2800 MW. The power firm said these projects will likely see an investment of around Rs 1300 crore. The company shared the information in its latest filing before the Bombay Stock Exchange […] Read more
