SJVN, PTC In Tie-up For RTC Projects Updated On Fri, Nov 26th, 2021 by Saurenergy SJVN Limited has entered into a MoU (Memorandum of Understanding) with PTC India Limited (formerly known as Power Trading Corporation of India Limited), to collaborate on the development of products to supply Round the Clock (RTC) Power. The MoU was signed by Akhileshwar Singh, Director (Finance), SJVN Ltd and Dr. Rajib Kumar Mishra, Director (BD […] Read more
UK Fund Gresham House Raises £380m Funding For Storage Projects Updated On Fri, Nov 26th, 2021 by Saurenergy Gresham House Energy Storage Fund has secured a £380m bespoke funding package from NatWest bank with support the growth of its UK energy storage pipeline. Gresham House is a listed specialist alternative asset manager, offering funds, direct investments and tailored investment opportunities. The new funding will help finance seven newly announced battery energy storage projects due […] Read more
Power Ministry Issues Order Extending ISTS Benefits to BESS, Pumped Storage Projects Updated On Thu, Nov 25th, 2021 by Saurenergy In an order dated November 23, the Ministry of Power of the Government of India has notified key changes to its existing orders allowing waiver of ISTS (Inter State Transmission Charges) on Wind and Solar Sources. In the latest version, for Wind, Solar, Hydro PSP (Pumped Storage Projects) and BESS projects commissioned upto 30.06.2025, the […] Read more
Denmark Plans Island To Mainland Strategy For Power Transmission, Using Wind Energy Updated On Thu, Nov 25th, 2021 by Saurenergy Even as we wrote about the top 3 transcontinental transmission lines to carry solar power across continents, we track news from Europe about major wind generation plans using artificial and natural islands, in the North Sea and Baltic Sea respectively. At the centre of both these plans is Denmark, the wind energy leader, which hopes […] Read more
Canadian Solar Signs Framework Agreement With Battery Major CATL Updated On Thu, Nov 25th, 2021 by Saurenergy Canadian Solar Inc. has announced that its subsidiary CSI Solar signed a strategic cooperation framework agreement with Contemporary Amperex Technology Co., Ltd. (“CATL“), a global leader of new energy innovative technologies. For CATL, the partnership is yet another addition to its string of partnerships to push its technology across after earlier partnership with Jinko Solar […] Read more
Renewable Energy Certificates. Trading Resumes, But Much Needs To Be Done Updated On Thu, Nov 25th, 2021 by Saurenergy Highlights: The market share of REC market had already shrunk to 9.2 lakh Renewable Energy Certificates (REC) in 2020-21, while 60.58 lakh RECs piled up till March end. As per CEEW-CEF analysis, as many as 5.1 million RECs have remained unsold due to poor RPO compliance across India, a demand shortfall of 7%. The Appellate […] Read more
Mechanical Design Engineer – DT Transformers Renewables (Wind and Solar) Updated On Wed, Nov 24th, 2021 by Saurenergy Responsibilities:- Developing state-of-the-art design concepts as well as technical standards and/or cookbooks for the mechanical design of Wind or Solar units. When need arises preparation of General Arrangement Drawing, Bill of materials and submission to customer as per project schedule. Responsible for development of various application transformers designs in coordination with global Hitachi Energy factory […] Read more
First Solar Bags 5.4GW Module Order from bp & Lightsource bp Updated On Wed, Nov 24th, 2021 by Saurenergy First Solar has won multi-year orders for up to 5.4 gigawatts photovoltaic (PV) solar modules from global solar leader Lightsource bp and integrated energy company bp. As part of the deal, Lightsource bp and bp have placed orders for approximately 4.4GWDC of modules, with options for an additional 1GWDC. Lightsource bp has agreed to procure up […] Read more
TotalEnergies to Develop 500MW Solar PV Projects in Libya Updated On Wed, Nov 24th, 2021 by Saurenergy French oil and gas major TotalEnergies has signed new agreements with Libya for the sustainable growth of the country’s natural resources, which include developing 500 MW solar PV projects in addition to investing $2 billion in crude oil production and gas extraction. The agreements were signed at the recently held Libya Energy & Economy Summit, […] Read more
