ReNew Q2 Results-Highest Ever Profits, Portfolio At 13.8 GW Updated On Tue, Nov 21st, 2023 by Saurenergy ReNew Energy Global Plc delivered on its promise to investors with a consistently improved performance for the three-month period ended September 30, 2023. This was indicated in its recent Q2 results. The firm continues to guide for 1.75 GW to 2.25 GW net additions to its portfolio this financial year. This is expected to ramp […] Read more
NTPC REL Floats Tender for BOS Package of 1200 MW Wind Projects Updated On Mon, Nov 20th, 2023 by Saurenergy The renewable energy arm of India’s largest energy conglomerate NTPC, NTPC REL has floated a tender for the BOS package of ISTS-connected wind energy projects of nominal capacity of 1200 MW with greenshoe option of upto 300 MW at Anantapur in Andhra Pradesh. The last date for receipt of bids comprising both techno-commercial bid and […] Read more
West Bengal Discoms Operate Without Any Clear Mandate On RPO Updated On Mon, Nov 20th, 2023 by Saurenergy Electricity distribution companies in West Bengal have been struggling on a different front when it comes to their handling of renewable energy portfolios. The state, which has merely 636 MW of total installed renewable power capacity (excluding hydro) till recently, was clueless about its Renewable Purchase Targets (RPOs). Legal complexities and litigations have kept the issue pending, […] Read more
MERC Increases Net-Metering Benefits For Rooftop Consumer Upto 5MW Updated On Mon, Nov 20th, 2023 by Saurenergy In its latest notification, the Maharashtra Electricity Regulatory Commission (MERC) allowed net-metering benefits for solar rooftop consumers up to 5 MW in Maharashtra. The state commission brought these changes with an amendment to the existing solar rooftop regulation of 2019. The notification amended several provisions of the MERC (Grid Interactive Rooftop Renewable Energy Generating Systems) […] Read more
Orxa Energies & Nunam Technologies Partner to Repurpose Batteries Updated On Fri, Nov 17th, 2023 by Saurenergy Electric vehicle firm Orxa Energies has joined hands with Nunam Technologies, a startup delving into the reuse of electric vehicle batteries. The partnership sets sights on circular value chain for Orxa’s batteries. The goal is particularly for its flagship electric motorcycle, Mantis. Nunam Technologies will be responsible for extending the life of Mantis batteries, repurposing […] Read more
UK, German Moves To Support Offshore Wind Point To Challenges Ahead Updated On Fri, Nov 17th, 2023 by Saurenergy Ørsted’s Travails World’s biggest offshore wind energy developer- Danish firm Ørsted on November 1 this year announced ceasing developing two of its proposed offshore wind projects in the United States (US) at the cost of around £3bn in penalties. These projects were slated to come up at New Jersey off the US coast. They had […] Read more
Australia’s Hydrogen & Renewable Energy Act 2023 Sees Light of Day Updated On Fri, Nov 17th, 2023 by Saurenergy Both the houses of the South Australian Parliament have cleared the Hydrogen and Renewable Energy Act 2023. Some areas of the state will benefit from the Act with respect to the generation of hydrogen and renewable energy. The legislative framework of Hydrogen and Renewable Energy Act 2023 looks to introduce a ‘one window to government’ […] Read more
RECPDCL Issues Request for Proposal For 1 GW Renewable Energy Updated On Fri, Nov 17th, 2023 by Saurenergy REC Power Development & Consultancy Limited has issued a Request for Proposal for the selection a transmission service provider through tariff based competitive bidding process to establish Inter-State Transmission system for transmission system for evacuation of power from renewable energy projects for 1000 MW in Rajgarh SEZ in Madhya Pradesh-Phase II. The last day to […] Read more
Global Inverter Leader Sungrow Hits 20GW Shipment in India Updated On Fri, Nov 17th, 2023 by Saurenergy Sungrow, the global leading PV inverter and energy storage system supplier, reached a significant milestone in India, having shipped a cumulative total of 20GW of photovoltaic inverters in the region. Sungrow’s 20 GW milestone highlights Sungrow’s position as a leading provider of clean energy solutions in India, and one of the few ones with a […] Read more
