Renew Power Declares Q2 Results, H1 Revenues Up 26% Over FY21 Updated On Thu, Nov 18th, 2021 by Saurenergy ReNew Energy Global plc (“ReNew Power”), has announced its consolidated results for the Quarter ending September 2021. These are the first full set of results from the firm since its merger with RMG II, a special purpose acquisition vehicle (SPAC) to list on NASDAQ. Till date, the Renew power listing through the SPAC route remains […] Read more
Azure Power Signs PPA’s For 600 MW With SECI For Its 4 GW Mfg. Linked Projects Updated On Thu, Nov 18th, 2021 by Saurenergy Azure Power today announced that it has signed Power Purchase Agreements (PPAs) for 600 MW ISTS connected solar power projects with Solar Energy Corporation of India (SECI), under its 4 GW manufacturing linked projects, which will supply power for 25 years at a fixed tariff of INR 2.54 (~US 3.4 cents) per kWh. The projects will be constructed in […] Read more
Global Energy Storage Market Set to Hit 1 TWh by 2030: BNEF Updated On Thu, Nov 18th, 2021 by Saurenergy Energy storage installations around the world will reach a cumulative 358 gigawatts/1,028 gigawatt-hours by the end of 2030, more than twenty times larger than the 17 gigawatts/34 gigawatt-hours online at the end of 2020, according to the latest forecast from research company BloombergNEF (BNEF). This boom in stationary energy storage will require more than $262 […] Read more
PM Modi to Lay Foundation Stone of 600 MW Solar Park in Jhansi, UP Updated On Thu, Nov 18th, 2021 by Saurenergy Prime Minister Narendra Modi will lay the foundation stone of a 600 MW solar power park in Uttar Pradesh’s Bundelkhand on Friday as part of his visit to Mahoba and Jhansi districts to launch multiple development projects worth over Rs 6250 crore which are aimed at alleviating issues of water shortage for farmers in the region. […] Read more
UPNEDA Invites Bids for Empanelment for 38 MW Rooftop Solar Plants Updated On Wed, Nov 17th, 2021 by Saurenergy The Uttar Pradesh New & Renewable Development Agency (UPNEDA) has invited e-bids from eligible vendors interested in being empanelled for the design, supply, erection, testing and commissioning, including warranty and comprehensive operation & maintenance, of 38 MW of grid-connected rooftop solar plants for residential consumers under CAPEX model for a period of five years in Uttar Pradesh. […] Read more
Andhra Edu Institute Goes Solar, Partners With Amp Energy India Updated On Wed, Nov 17th, 2021 by Saurenergy Earlier this week, the School of Planning & Architecture (SPA), Vijayawada, Andhra Pradesh, inaugurated a rooftop project that as developed by renewable energy independent power producer (IPP) Amp Energy India. The 120kW solar rooftop plant has been developed under the rooftop scheme of Solar Energy Corporation of India (SECI) for government entities. SPA and Amp […] Read more
KSERC Approval for 300 MW Solar Buy Exposes Multiple Challenges Facing SECI, Developers Updated On Wed, Nov 17th, 2021 by Saurenergy In an order dated November 15, 2021, the Kerala state electricity regulatory commission (KSERC) finally allowed the state discom, Kerala State Electricity Board (KSEB) to procure 300 MW of Solar power from SECI from its tranche IX solar tenders, at a cost of Rs 2.44/kWh including trading commission. While many will see the order as […] Read more
Collaborative Solar Facility Powers 5 Leading New England Colleges Updated On Wed, Nov 17th, 2021 by Saurenergy An innovative collaborative energy project has started delivering electricity to five New England colleges—and to tens of thousands of students, staff and faculty—as a new solar energy facility has gone online in Farmington, Maine, US. Launched in 2018, the New England College Renewable Partnership is a first-of-its-kind collaboration among five leading New England liberal arts […] Read more
Power Minister Tracks Progress On 10 GW Ladakh Solar Project Updated On Tue, Nov 16th, 2021 by Saurenergy The much awaited and planned giant solar project at Ladakh, first mooted by Prime Minister Modi in 2018-19, continues to occupy the attention of the Power Minister, R.K. Singh. The project, originally seen as a 7.5 GW solar park in the union territory, has been delayed due to multiple issues, be it transmission costs, land […] Read more
