NTPC, HPCL Sign Deal To Develop Renewable Energy Together Updated On Thu, Jan 5th, 2023 by Saurenergy NTPC Green Energy Ltd (NGEL) has signed a Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation Ltd (HPCL) in New Delhi for development of renewable energy based power projects to tap business opportunities in renewable energy and supply of 400 MW round the clock renewable power for requirements of HPCL. The official statement of the […] Read more
Delhi Solar Policy 2022- A Model For All MegaCities? Updated On Thu, Jan 5th, 2023 by Saurenergy The draft Delhi State Solar Policy is finally out for public comments, with a deadline of February 3 for responses. At the outset, the policy sets some ambitious goals for itself. A total of 6000 MW of installed solar capacity which shall include 750 MW of rooftop solar within the State and 5250 MW of […] Read more
China Starts Construction Of 16 GW Solar-Wind-Coal Power Complex Updated On Wed, Jan 4th, 2023 by Saurenergy With the largest installed solar capacity worldwide at over 350 GW, China has started to build a massive 16 GW, $11 billion energy project that will host solar, wind and coal energy projects within the complex. As per reports work has started on building the 1 GW solar power project in the Kubuqi Desert that […] Read more
Southeast Asia’s RE Firm ACEN to Add 700 MW Solar & Wind Energy in 2023 Updated On Wed, Jan 4th, 2023 by Saurenergy Just as the Philippines is aiming to raise the share of renewable energy in the country’s energy mix to 35% by the end of this decade and 50% by 2040, its renewable energy conglomerate ACEN Corporation is looking to operationalise 700 MW of solar and wind energy projects in 2023. ACEN is the energy platform […] Read more
Welspun India Takes 26% Stake in Clean Max Thanos for Renewable Energy Updated On Tue, Jan 3rd, 2023 by Saurenergy Welspun India Limited has announced that the firm has acquired 26 per cent stake in Clean Max Thanos (CTPL) in order to obtain renewable energy under a captive structure. Welspun said that the acquisition would cost the firm Rs 3.80 crore. Welspun India said in an exchange filing that the textile major has entered into […] Read more
Adani Electricity Mumbai (AEML) Tender for 1500 MW Renewable Energy Updated On Tue, Jan 3rd, 2023 by Saurenergy In order to double its renewable share in the present offering to consumers, Adani Electricity Mumbai Limited (AEML) – a DISCOM under Adani Group – has issued a tender for the purchase of 1500 MW of power from grid connected renewable energy plants. Of this, 750 MW will be under greenshoe option. The AEML notification […] Read more
China, Malaysia Explore Development of Virtual Power Plants Updated On Tue, Jan 3rd, 2023 by Saurenergy Virtual Power Plants are touted as the next big step in solar industry that is driving the new wave of energy. In a recent development on the front, China and Malaysia have joined forces to explore opportunities in VPPs. Towards this, the two countries organised “China-Malaysia Virtual Power Plant Project Achievements Conference and China-Malaysia Virtual […] Read more
African Development Bank to Fund 100 MW Tunisian Solar Project Updated On Tue, Jan 3rd, 2023 by Saurenergy The African Development Bank is playing a critical role in the development of renewable sources of energy in Africa to ensure that the resource-starved region can have access to power while sustaining the natural environment. In a recent development, the African Development Bank Group has approved a $27 million and €10 million loan package to […] Read more
Bihar (BERC) Gives Green Signal to 600 MW Solar Purchases From SECI Updated On Mon, Jan 2nd, 2023 by Saurenergy The Bihar Electricity Regulatory Commission (BERC) has given nod to procurement of 600 MW of solar power from Solar Energy Corporation of India (SECI) in Tranche-VIII by the distribution companies (DISCOMS). BERC has allowed the procurement at a tariff of Rs 2.50/kWh. The trading margin has been kept by the regulator at Rs 0.07 for […] Read more
