A Week Later, No Relenting In Tamil Nadu Decision To Add ‘Resource Charge’ On Wind Energy Updated On Tue, Aug 27th, 2024 by Saurenergy The Tamil Nadu government , which imposed a Rs 50 lakh ‘resource charge’ for every MW of upcoming ISTS connected wind energy installations in the state, seems unwilling to relent on the decision. The state, one of the most well placed to generate wind power in the country with an installed capacity of 10.7 GW, […] Read more
Shyam Metalics & Energy Launches 10 MW RE Projects Updated On Thu, Aug 22nd, 2024 by Saurenergy Shyam Metalics and Energy Ltd., an integrated metal manufacturing company in India, is set to venture into clean energy by integrating rooftop and floating solar installations across their pan-India facilities. This initiative is part of the company’s commitment to sustainable energy, decarbonization, and supporting the country’s green and clean energy mission. The company has announced […] Read more
ABB Celebrates 10 GW Automation Milestone For RE Projects In India Updated On Wed, Aug 21st, 2024 by Saurenergy ABB India has surpassed a 10-gigawatt (GW) milestone in delivering its automation solution for renewable energy plants in India. Starting with a 100-MW project about seven years ago, ABB has strengthened its footprint in the renewable energy industry with this milestone, which is a result of over 300 renewable energy projects across India utilizing ABB’s […] Read more
Lower CUF: MERC Declines ACME’s Plea For Penalty Exemption Updated On Wed, Aug 21st, 2024 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC), in its latest judgment, declined to grant ACME any relief for its shortfall in meeting the committed Capacity Utilisation Factor (CUF) from its 300 MW solar project at Bhadla in Rajasthan. ACME had signed a Power Purchase Agreement (PPA) with the Maharashtra State Electricity Distribution Co Ltd (MSEDCL) to […] Read more
Google in 1.5 GW Pact With Energix For Renewable Power, Credits Updated On Wed, Aug 21st, 2024 by Saurenergy Energix Renewables, a leader in the U.S. renewable energy sector and part of the Energix Group, has announced the signing of a strategic long-term agreement with Google. The agreement will initially cover 1.5GWp of solar project development until 2030. Future expansion options will include, Energix supplying electricity and Renewable Energy Credits (RECs) generated from its […] Read more
Continuum Green Energy Secures $150Mn To Deploy RE Projects Across India Updated On Tue, Aug 20th, 2024 by Saurenergy Continuum Green Energy (Continuum), a leading renewable energy group in India serving commercial and industrial consumers, has entered into a definitive agreement with Just Climate. Under this agreement, Just Climate will invest Rs. 12.56 billion (approximately US$ 150 million) in new equity to support Continuum’s ongoing deployment of wind-solar-hybrid energy generation and storage projects across […] Read more
APTEL Accepts SGD As Change In Law, Relief Likely For Developers Updated On Tue, Aug 20th, 2024 by Saurenergy In a case that involved a bunch of similar petitions from developers in Rajasthan executing projects worth 950 MW, and another batch in Andhra Pradesh involving projects worth 750 MW, the Appellate Tribunal for Electricity, has provided some measured relief for the developers involved. The petitions bunched together by the APTEL bench involved the acceptance […] Read more
Iron Air battery Maker Form Energy To Build 8500MWh Battery In US Updated On Tue, Aug 20th, 2024 by Saurenergy US based Ion Air battery firm Form Energy, is progressing on plans to convert the former pulp and paper mill in Lincoln, Maine, into one of the largest battery facilities in the world feeding up to 85 MW of power into the grid at a time. Form Energy’s battery project will take comparatively less time […] Read more
A 15% Dip In BESS Costs Can Halt New Coal Power Growth: EMBER Updated On Tue, Aug 20th, 2024 by Saurenergy A new modelling by the global think tank Ember and TERI highlights the crucial role of declining Battery Energy Storage System (BESS) project costs. This analysis underscores that faster BESS cost reductions will be a key driver for an effective coal phase-down in India’s power sector. The report lays out different possible stages of a […] Read more
