JSW Neo Secures 192 MW Hybrid Power Project From GUVNL Updated On Mon, Jul 29th, 2024 by Saurenergy JSW Neo Energy Limited (JSW Neo), received a Letter of Intent (LoI) from Gujarat Urja Vikas Nigam Limited (GUVNL), for a 192 MW grid-connected hybrid power project, including an additional 96 MW under the green shoe option. JSW Neo Energy, a subsidiary of JSW Energy was awarded this project against a tariff-based competitive bid invited […] Read more
SaurEnergy Explains-India’s CSP Plans, China’s CSP Progress Updated On Thu, Jul 25th, 2024 by Saurenergy Solar Thermal plants, a stop start technology for solar at scale is back in the news after SECI CMD RP Gupta announced plans for a 500 MW Concentrated Solar Power (CSP) tender by the end of the current financial year recently. The announcement has put the focus back on a solar based technology that has […] Read more
Saudi Arabia To The Rescue For Chinese Renewable Majors Updated On Wed, Jul 24th, 2024 by Saurenergy Hit by domestic overcapacity and sanctions in the US and other key markets, China’s leading green energy firms are looking to the Middle East to fill the holes. As the world’s largest solar and wind market, with the manufacturing capacity to boot, Chinese firms have been well established as global suppliers across every major market, […] Read more
BrightNight Australia Links Mortlake Energy Hub To National Grid Updated On Wed, Jul 24th, 2024 by Saurenergy Australian Energy Market Operator (AEMO) recently approved the connection of BrightNight’s 360 Mega Watt (MW) Mortlake Energy Hub (a hybrid renewable energy project) to the National Electricity Market, to support Australia’s decarbonization efforts. Australia wants to go net-zero by 2050 and has plans to ensure 82% electricity capacities in their grid from renewable sources by […] Read more
What The Renewable Industry Expects From Union Budget? Updated On Fri, Jul 19th, 2024 by Saurenergy Days ahead of the Union Budget 2024, the Indian renewable energy companies have pinned their hopes on the event. A number of green companies have shared their expectations from the budget. Several of them batted for attention of better taxation regime, working on the hurdles for the green companies and suggested several means that can […] Read more
Rajasthan Set To Bring Guidelines To Expedite PSP Growth Updated On Wed, Jul 17th, 2024 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) in its latest order has allowed extension of time period for the state government authorities to frame guidelines for the growth of Pumped Storage Projects (PSPs) in the state. The order came to the fore when RVUNL (Rajasthan Urja Vikas Nigam Limited) & IT Service Limited moved the State […] Read more
IRENA’s 11.2 TW RE Target For 2030 Risks Falling Short By 1.5 TW: Report Updated On Tue, Jul 16th, 2024 by Saurenergy Despite renewables becoming the fastest-growing source of power, the International Renewable Energy Agency (IRENA) latest report needs a minimum 16.4% growth rate annually through 2030 to stay on course, to meet the 2030 target. IRENA’s Renewable Energy Statistics 2024 report indicated the possible risk of missing the tripling renewables target pledge set at COP28. The […] Read more
SJVN Issues Tender For 1.2 GW Hybrid Projects Across India Updated On Mon, Jul 15th, 2024 by Saurenergy SJVN recently released a tender for the selection of hybrid power developers for setting up 1200 MW ISTS-connected wind-solar hybrid power projects in India. The tender mandates the hybrid power Developer (HPD) to set up a project that includes a transmission network up to the Interconnection/ Delivery Point. The project is undertaken to supply wind-solar […] Read more
Sri Lanka Gets First ADB Backed Agrivoltaics Project Updated On Fri, Jul 12th, 2024 by Saurenergy Sri Lanka’s first Agrivoltaic demonstration project has been formally inaugurated earlier this week. The 85 kWp project, backed by the Asian Development Bank (ADB), working with the Sri Lanka Sustainable Energy Authority (SEA) under the Ministry of Power and Energy (MOPE), the Tea Smallholders Development Authority (TSHDA) under the Ministry of Plantation Industries (MOPI), the […] Read more