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GUVNL’s 400 MW/800 MWh BESS Project Awarded At Rs 2.26/KW

Gujarat Urja Vikas Nigam Limited (GUVNL) has announced Kintech Synergy Private Limited, H.G. Infra Engineering, Bhilwara Energy, and Advait Infratech as successful bidders for its 400 MW/800 MWh Battery Energy Storage System (BESS) project (Phase IV). The tender for the project was released in September 2024, with results declared within two months. The Gujarat-based discom […]

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VIDEO: 25% Of RTS Systems Will Move To Hybrid Inverters: Livguard Founder

In an interaction with Saur Energy, Rakesh Malhotra, Founder of Livguard Energy Technology talked about the fate of hybrid inverters in India for therooftop solar systems in India. This is after the MNRE clarified that hybrid rooftop inverters can be used under PM Surya Ghar. In the interview, Mr Malhotra talks about IPO plans, product […]

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News In Brief Nov 29: Masdar Closes Deal, ADB & Gulf Sign $820 Mn Deal, UK Initiates RE Project In Philippines

Masdar Closes Deal to Acquire TERNA Energy To Supercharge Growth In Greece And Eastern Europe UAE-based Abu Dhabi Future Energy Company PJSC – Masdar recently completed the acquisition of 70% of the outstanding shares of TERNA ENERGY SA (TENERGY.AT) from GEK TERNA SA (GEKTERNA.AT) and other shareholders and received all regulatory approvals. The deal, agreed […]

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NTPC, Chhattisgarh Genco To Build 2 GW Renewable Energy Projects

NTPC recently signed a Memorandum of Understanding (MoU) with Chhattisgarh State Power Generation Co. Ltd. (CSPGCL) to develop up to 2 GW of renewable energy projects, including floating solar projects. To initiate the creation of this project, Chief Engineer (CP & BD) of CSPGCL, G. K. Gupta, and General Manager (Engineering) of NGEL, D. Joshi, […]

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Tata Power, ADB Seal $4.25Bn Deal To Finance 966 MW RE Projects In India

Tata Power, an integrated power company, and the Asian Development Bank (ADB) recently signed a Memorandum of Understanding (MoU) coinciding with the ongoing Climate Conference (COP29) at Baku, Azerbaijan. This deal evaluates financing for its several projects and to enhance India’s power infrastructure, and promote renewable and clean energy.  The MoU outlines the evaluation of […]

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Meta, Google Lead The Chart In Renewable Energy Use: SEIA

Corporate companies in the recent past have relied on renewable energy to meet their growing energy needs. In fulfilling its needs, US corporations have derived 18% of energy from solar. The report said that 20% of all installations in 2023 saw corporate offtake driving renewable energy demand in the country. The Solar Energy Industry Association […]

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India Likely To Add More Than 26 GW Of Renewables In FY25: ICRA

ICRA expects the installed renewable energy capacity (including large hydro) in India to increase to about 250 GW by March 2026 from the level of 201 GW as of September 2024. The capacity addition will be driven by the large project pipeline of over 80 GW, following the significant improvement in tendering activity in FY2024. […]

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ONGC, NTPC Green Enter JV To Build Offshore Wind Project In India

ONGC NTPC Green Private Limited (ONGPL) was recently incorporated as a 50:50 joint venture between NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, and ONGC Green Limited (OGL), a wholly-owned subsidiary of Oil and Natural Gas Corporation Limited. The authorized share capital of ₹10 lakh has been subscribed to explore and set up […]

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Rising Green Energy in a Grid: Lessons From Australia

Green energy is poised to dominate power grids globally, but several challenges must be addressed to achieve its full potential. Australia’s solar expansion serves as a prime example of effective solar power integration into an energy mix. Australia now boasts 25 GW of rooftop solar capacity across four million installations. Across the National Electricity Market […]

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