5 PPA Models Shaping Renewable Energy Procurement in US & Europe Updated On Wed, Nov 27th, 2024 by Saurenergy As renewable energy becomes a larger part of power grids across the globe, challenges like negative prices and reduced value for standalone profiles, particularly solar, are emerging, particularly in developed power markets. Market participants generally agree that the risk of negative prices will likely get worse before it improves. Innovative Power Purchase Agreements, or PPA […] Read more
NTPC, Chhattisgarh Genco To Build 2 GW Renewable Energy Projects Updated On Wed, Nov 27th, 2024 by Saurenergy NTPC recently signed a Memorandum of Understanding (MoU) with Chhattisgarh State Power Generation Co. Ltd. (CSPGCL) to develop up to 2 GW of renewable energy projects, including floating solar projects. To initiate the creation of this project, Chief Engineer (CP & BD) of CSPGCL, G. K. Gupta, and General Manager (Engineering) of NGEL, D. Joshi, […] Read more
India, ISA Commit To Invest USD 2 Mn For Solar Projects In Four Island Nations Updated On Wed, Nov 27th, 2024 by Saurenergy Continuing with its backing for renewable energy for island nations, India recently committed to invest $2 million in new solar projects across four island states namely, Fiji, Comoros, Madagascar, and Seychelles. India announced this at the 5th Strategic Partnership Renewal Meeting in Brussels, during the 10th India-EU Foreign Policy and Security Consultations. At the meeting, […] Read more
Top 5: Largest Solar Projects in the Middle East Region Updated On Wed, Nov 27th, 2024 by Saurenergy The Middle East region is making strides in renewable energy growth as global development increasingly moves away from conventional sources of energy. Renewable energy sources, such as solar, wind, and green hydrogen, have become the new engines powering growth and development. Some of the major oil-producing countries, like the UAE and Saudi Arabia, are now […] Read more
Telangana Issues Tender For 1 GW Of Rooftop Solar Projects Updated On Tue, Nov 26th, 2024 by Saurenergy The Telangana State Renewable Energy Development Corporation Limited (TSREDCO) has now issued a tender for rooftop solar projects. Through this tender, the state has planned to add 1 GW of new rooftop solar capacity. The move comes as the state plays catch up on renewable capacity, considering the limited options to add large, utility scale […] Read more
THDC Issues Tender To Develop DPR For Floating Solar In Eight States Updated On Tue, Nov 26th, 2024 by Saurenergy The Tehri Hydro Development Corporation Limited (THDC India) has now planned to boost floating solar projects. It has issued a tender seeking bids to prepare Detailed Project Reports (DPRs) in this regard. These projects will be located in eight states. These include-Uttarakhand, Uttar Pradesh, Chhattisgarh, Madhya Pradesh, Karnataka, Kerala, Rajasthan, and Maharashtra. The last date […] Read more
Waaree Energies Bags 600 MW Solar Module Order Updated On Tue, Nov 26th, 2024 by Saurenergy Waaree Energies, the module manufacturing arm of the Waaree Group today announced bagging a 600 MW solar module order. The company in its filing before the exchanges informed its investors about the new order. The delivery of these modules is scheduled to begin in FY 2025-26, the firm said. This contract involves the supply of […] Read more
RE100 Firms Added 57 GW Of Renewable Power, Says BNEF Report Updated On Tue, Nov 26th, 2024 by Saurenergy A latest report from Bloomberg New Energy Finance (BNEF) has shed light on the transition of clean energy corporations. The report said that clean energy corporations have undergone a significant transition in the Asia-Pacific (APAC). It said that the transition was more significant over the last two decades. The research agency said that these corporations […] Read more
Q2 Results: ACME Solar Reports Rs 15cr Profit In Q2 Updated On Mon, Nov 25th, 2024 by Saurenergy Renewable energy company ACME Solar today published its quarterly (Q2) and half-yearly (H1) results. The results revealed that the firm witnessed a dip in its revenues and profits in the quarter on a Year-on-Year (YoY) basis. However, on a Quarter-on-Quarter (QoQ) basis, the company reported an increase in its profit. The details filled in by […] Read more
