Gensol Subsidiary–Scorpius Trackers Achieves 1 GW+ Contracted Orders Updated On Tue, Apr 2nd, 2024 by Saurenergy Solar tracker company Scorpius Trackers, a subsidiary of the Gensol Group, announced that it had reached its milestone of 1000 MW + in contracted orders across India, Japan, Saudi Arabia, and Uganda. The company’s client portfolio includes ReNew, Hero Future, Shapoorji, Tata Power, Engine, Sterling Wilson, Azure Power, Kosol Energy and. Notably, the company achieved […] Read more
Ramboll To Work On Foundations For 1.4 GW Polish Offshore Wind Projects Updated On Thu, Mar 28th, 2024 by Saurenergy Equinor and Polenergia have signed contracts with Denmark-headquartered Ramboll for the Bałtyk II and offshore wind projects in the Polish Baltic Sea, said the company in its media statement. Under the contracts, Ramboll will provide engineering services for 100 monopiles for the Bałtyk II and Bałtyk III projects. Equinor and Polenergia also finalised contracts for […] Read more
MoP Issues Viability Gap Funding Guidelines For BESS Project Updated On Fri, Mar 22nd, 2024 by Saurenergy The Ministry of Power (MoP) has issued the guidelines for the Rs 94 billion program to provide viability gap funding (VGF) of up to 40% to develop 4,000 Mh of battery energy storage systems (BESS) capacity across the country. According to the MoP, the budget that has been allocated to the programme stands at $37.6 […] Read more
UK-Based Statera Secures 670MW Contracts in Auctions Updated On Fri, Mar 22nd, 2024 by Saurenergy In the latest Capacity Market auctions, UK-based Statera has provisionally secured contracts for 670MW of capacity commencing in October 2027, at a record T-4 clearing price of £65/kW. The Capacity Market ensures the UK’s security of electricity supply by guaranteeing the availability of sufficient backup power, stated a press release by Statera As per a […] Read more
CERC Order Paves Way For Bundling RE With Thermal For DVC Updated On Wed, Mar 6th, 2024 by Saurenergy In an important order dated March 5 that paves the way for the signing of PPAs between Damodar Valley Corporation (DVC) on one side and ReNew Power and Avaada Energy for 500 MW of solar procurement, the Central Electricity Regulatory Commission (CERC) adopted the discovered tariffs proposed by DVC. The tariffs are notable for being […] Read more
The Return of Reverse Auctions For Wind Energy- Bad News Or Normalcy ? Updated On Tue, Mar 5th, 2024 by Saurenergy Following reports that the government has instructed leading PSU energy developers to return to the reverse auction mechanism for wind energy tenders, SaurEnergy tried to check the veracity of the claim. Without coming on record, it appears that a communication has been sent to that effect, to NTPC, SJVN, NHPC and of course SECI, which […] Read more
Adani Electricity Invites Bids For 600 MW Wind Project Across India Updated On Mon, Mar 4th, 2024 by Saurenergy Adani Electricity Mumbai recently issued a tender regarding 600 MW of power from grid-connected wind projects. The tender pertains to inviting project developers from across India and these projects can be established anywhere in India. The selected developers are required to establish wind power projects on a build own operate (BOO) basis, stated the release […] Read more
New Electricity Policy To Be Brought In Telangana, Says State Discom Updated On Thu, Feb 22nd, 2024 by Saurenergy In a meeting organized by the Federation of Telangana Chambers of Commerce and Industry (FTCCI), Chief Managing Director (CMD) of Telangana State Southern Power Distribution Company Limited (TSSPDCL) Musharraf Faruqui said that the state government is focusing on releasing the New Electricity Policy. Addressing the gathering, Musharraf Faruqui pointed out that the land cost in […] Read more
Feb 9 ALMM Order Withdrawn By MNRE, Industry Awaits Clarity Updated On Thu, Feb 15th, 2024 by Saurenergy Policy flip flops, for so long a bugbear for the renewable sector, reared its head again as the Feb 9 ALMM order for Approved List of Models and Manufacturers (ALMM) was withdrawn in an evening announcement by the ministry today, i.e., Feb 14. Coming less than a week after the announcement that exempted open access […] Read more
