ICRA Sees FDRE, RTC Projects As Key Drivers Of India’s RE Growth Updated On Mon, Sep 23rd, 2024 by Saurenergy A recent report by the Investment Information and Credit Rating Agency (ICRA) foresees a rise in renewable energy capacity in the next six years in India. It is estimated that the share of renewable energy (RE), plus large hydro, in all-India electricity generation, will increase to over 35% in FY2030 from 21% in FY2024. ICRA […] Read more
CEA Approves 2.5 GW Of PSP Projects In Maharashtra Updated On Mon, Sep 23rd, 2024 by Saurenergy The Central Electricity Authority (CEA) has announced concurring two more Pumped Storage Projects (PSPs) in Maharashtra namely-1500 MW Bhavali PSP being developed by JSW Energy Ltd. and 1000 MW Bhivpuri PSP being developed by Tata Power Co. Ltd. These PSPs are concurred with the support of the Central Water Commission (CWC), Geological Survey of India […] Read more
Govt Releases Revised Guidelines For EV Charging Stations Updated On Thu, Sep 19th, 2024 by Saurenergy The Ministry of Power has now issued a revised guidelines for setting up electric vehicle (EV) charging stations at private, public and restricted areas. The fresh norms talked about a ceiling in the tariffs of EV charging stations, maximum service charges from consumers during solar and non-solar hours. The new rules also touched upon the […] Read more
Head- Front Office Updated On Wed, Sep 18th, 2024 by Saurenergy As Head of Front Office, you’ll report to Vice President-Market Operations, India and would be working with Statkraft Markets which is responsible for commercial activities and operations for Statkraft’s assets/portfolios in India. Statkraft Market’s mandate is to optimize assets revenues, grow, operate, and manage profitable portfolios of structured power transactions and develop business ideas which can be asset […] Read more
RE Project Delays Can Halt Global 2030 Targets: IEA Updated On Wed, Sep 18th, 2024 by Saurenergy Globally, the recent shift in solar PV and wind demand highlights the urgent need for timely integration of these technologies. Such integration is crucial for achieving global decarbonization goals and can significantly contribute to meeting growing electricity demands by 2030. The International Energy Agency (IEA), in its recent report titled “Integrating Solar and Wind: Global […] Read more
Sep 18 Int’l Briefs- Ib Vogt, USTR Section 301 Tariffs, Al Ajban Project Updated On Wed, Sep 18th, 2024 by Saurenergy ib vogt and NextEnergy Capital agree on 110 MWp Solar Project acquisition for their NextPower V ESG fund International solar developer ib vogt and NextPower V ESG have successfully agreed on a deal for the sale and purchase of a 110 MWp solar photovoltaic project, respectively. The project, located in Segovia, Spain, is to be […] Read more
Tata Power Renewable Energy Secures 400 MW Hybrid Project from MSEDCL Updated On Wed, Sep 18th, 2024 by Saurenergy Tata Power Renewable Energy Limited (TPREL), the green arm of the Tata Power Company Limited, has successfully secured a Letter of Award (LoA) from the Maharashtra State Electricity Distribution Company Limited (MSEDCL), a wholly owned entity under the Maharashtra Government, for the development of a 400 MW Wind-Solar Hybrid project in Maharashtra. The LoA includes […] Read more
Torrent Power Wins 1,500 MW/12,000 Energy Storage Bid From MSEDCL Updated On Wed, Sep 18th, 2024 by Saurenergy Torrent Power Limited recently secured a 1,500 MW pumped hydro storage project from the Maharashtra State Electricity Distribution Co. Limited (MSEDCL). Under this mutually agreement provisions, Torrent Power will procure 1,500 MW/12,000 MWh of energy storage capacity from the pumped hydro storage (PSP) project. MSEDCL will provide a detailed Letter of Award (LOI) after obtaining […] Read more
A&N: SECI Floats Tender For 30 MW Project Under RESCO Mode Updated On Mon, Sep 16th, 2024 by Saurenergy In an effort to provide solar power to the Union Territory (UT) of Andaman and Nicobar Islands (EDA&N), the Electricity Department and SECI have issued a tender. SECI requested bids from solar power developers to establish 30 MW grid-connected rooftop solar PV projects in the Union Territory. This project will be executed under the RESCO […] Read more
