Danish Renewable Energy Fund CIP Secures EUR 5.6 Billion Updated On Mon, Jul 10th, 2023 by Saurenergy Copenhagen Infrastructure Partners (CIP) successfully secured EUR 5.6 billion in capital commitments for their fifth flagship fund, Copenhagen Infrastructure V (CI V), on June 30, 2023. This achievement sets them on course to achieve their goal of raising a fund size of EUR 12 billion (about 13 billion USD), possibly making CI V the world’s […] Read more
State Commissions Can’t Decide On Trade Margins In ISTS Projects: APTEL Updated On Mon, Jul 10th, 2023 by Saurenergy The Appellate Tribunal For Electricity (APTEL), in its latest judgment, ruled that State Commissions do not have the jurisdiction to take a call on the trade margins for Inter-State Transmission System (ISTS) power projects. The apex tribunal passed the order while hearing a case between the Solar Energy Corporation of India (SECI) against an impugned […] Read more
NTPC Group’s Total Power Generation Capacity Crosses 73 GW Updated On Fri, Jul 7th, 2023 by Saurenergy The total generation capacity of the National Thermal Power Corporation (NTPC) Group has crossed 73 Gigawatt (GW), a statement from the Ministry of Power said today. The ministry said that with more power projects, the group’s total installed electricity generation capacity touched 73,024 Megawatt (MW). It includes 57,038 MW installed capacity of power plants owned by […] Read more
KPI Green Energy Adds Order Win of 7.70 MW to Portfolio Updated On Fri, Jul 7th, 2023 by Saurenergy A provider of renewable energy solutions, KPI Green Energy Limited, has revealed that it has secured new orders with a cumulative capacity standing at 7.70 MW towards the development of a solar power plant. Of the cumulative capacity of 7.70 MW, 6.70 MW has been assigned to KPI Green Energy Limited. The remaining 1 MW […] Read more
Portugal Scales Up PV Target From 9 GW to Over 20 GW By 2030 Updated On Thu, Jul 6th, 2023 by Saurenergy Keeping up with the trend of countries all over the world expecting, and seeking more from Solar power, Portugal has also enhanced it’s PV targets by over 2X to 20 GW, by 2030. The new targets are driven by a need to accelerate the energy transition, and an extra push from establishing green hydrogen manufacturing […] Read more
African Development Bank’s SEFA Provides $7.88 Million Grant for AETC Programme Updated On Thu, Jul 6th, 2023 by Saurenergy The African Development Bank Group’s Board of Directors has approved a $7.88 million grant from the Sustainable Energy Fund for Africa (SEFA) for the Africa Energy Transition Catalyst Programme, which aims to increase renewable energy generation across the continent. The AETC Programme The Africa Energy Transition Catalyst Programme, also known as AETC, is a program […] Read more
Sunsure Energy Appoints Prosenjit Chakraborty as Head, Performance Systems & IT Updated On Wed, Jul 5th, 2023 by Saurenergy Independent Power Producer SunSure Energy has appointed Prosenjit Chakraborty as the Head of Performance Systems & Information Technology in the Asset Management department. Prosenjit’s professional expertise entails developing and leading asset management systems in the renewables industry. In the past, Prosenjit held key positions at renowned firms such as Ayana Power, Vena Energy, ReNew Power, […] Read more
PFC Invites Bids for Evacuation of 1.5 GW Renewable Energy Updated On Mon, Jul 3rd, 2023 by Saurenergy PFC Consultancy Limited, a wholly-owned subsidiary of Power Finance Corporation Ltd has invited proposals for setting up of transmission projects on Build, Own, Operate and Transfer (BOOT) basis following single stage two envelope process of Request for Proposal (RFP). The Request for Proposal is for the selection of bidder as transmission service provider through tariff-based […] Read more
SECI & GUVNL Sign Battery Energy Storage Supply Agreement for 150 MW/300 MWh Updated On Mon, Jul 3rd, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) has entered into an agreement with Gujarat Urja Vikas Nigam Ltd (GUVNL). The BESSA (Battery Energy Storage Supply Agreement) signed between the two firms is for 150 MW/300 MWh. The agreement was signed at Vadodara. SECI has been frequently been issuing tenders for solar projects that entail BESS […] Read more
