GUVNL seeks bids for 500 MW wind projects phase III in Gujarat Updated On Wed, May 11th, 2022 by Saurenergy State electricity regulation board Gujarat Urja Vikas Nigam Limited (GUVNL) has floated a tender for the purchase of power through competitive bidding process (followed by reverse e- auction) from 500 MW grid-connected wind power projects to be set up in Gujarat (Phase III) with ‘Greenshoe Option’ of additional upto 500 MW. Key details of the tender […] Read more
ReMo Energy Launches Green Nitrogen Fertilizer Made Using Renewable Energy Updated On Wed, May 11th, 2022 by Saurenergy ReMo Energy has announced the launch of its first commercial product, a nitrogen fertilizer that addresses the combined challenges of high fertilizer costs and climate change. ReMo Energy has been founded to make fossil-based chemicals from renewable energy. Solar and wind resources are the lowest marginal cost sources of electricity in most of the world […] Read more
CERC Issues New Rules For Allocation Of Transmission Corridors For Power Trading Updated On Wed, May 11th, 2022 by Saurenergy Central Electricity Regulatory Commission (CERC) ordered on May 9 that the allocation of transmission corridor among the Power Exchanges shall be governed by a new set of principles from June 1. A bench of four judges under the chairmanship of IS Jha ruled that the old order of 04.04.2016 extending priority allocation of 10% in […] Read more
EU Crunches Permit Process for RE projects To Under One year To Speed Growth Updated On Tue, May 10th, 2022 by Saurenergy The Ukraine-Russia conflict is bringing Europe to expedite renewable energy expansion in the region that will just enable the European Union to end its dependence on Russian gas and oil. In a fresh development, the European Commission may propose a new framework that will fasten the permitting system for renewable energy projects in the member […] Read more
Austria’s Verbund bags renewable portfolio in Spain Updated On Tue, May 10th, 2022 by Saurenergy Austrian hydropower utility Verbund said on Monday it had acquired a portfolio of renewable energy assets in Spain from local private equity fund Q-Energy for an undisclosed sum. The assets include operating photovoltaic power plants with a combined capacity of 82 megawatts (MW) and projects planned to have an eventual capacity of up to 4,000 […] Read more
AIIB gives $200 million loan to Bangladesh to develop renewable energy Updated On Tue, May 10th, 2022 by Saurenergy Bangladesh has got a long term credit facility of $200 million from the Asian Infrastructure Investment Bank (AIIB) to develop a range of infrastructure projects top of which stands renewable energy expansion in the country. The renewable energy and electricity infrastructure improvement is to ensure optimal power supplies throughout Bangladesh. The official statement from the […] Read more
Shift To Renewable Is Slow And Unable to Stop Power Cuts In US Updated On Tue, May 10th, 2022 by Saurenergy Electric grid operators across the USA are warning of looming blackouts as companies shift to renewable energy. MISO CEO John Beer has been quoted by a section of media as saying on May 8, “As we go forward, we need to know that when you put in a solar panel or a wind turbine, it’s […] Read more
Singapore Calls Neighbours For Low-Carbon Power, Gets 20 Proposals Updated On Tue, May 10th, 2022 by Saurenergy Singapore recently called its neighbours to bring in around 30% of its electricity demand by 2035, receiving 20 proposals from overseas. Currently generating 95% of its electricity from natural gas, Singapore wants to decarbonize its power mix but finds itself handicapped by tiny land area. Left with few options but to look offshore, Singapore approached […] Read more
World Bank says Pakistan must call for 11GW renewable energy bids Updated On Mon, May 9th, 2022 by Saurenergy Variable Renewable Energy Competitive Bidding Study – a new study by the World Bank – has said that Pakistan will require a call for competitive bidding for over 11 GW of renewable energy solar and wind power plants between the present and 2028. The study stated that this is needed to ensure that the future […] Read more
