Can’t Deny Solar Producers Their Right To Connectivity, Rules APTEL Updated On Mon, Jul 3rd, 2023 by Saurenergy In its latest judgment, the Appellate Tribunal For Electricity (APTEL) said that nobody could deny solar power generators their right to seek connectivity/synchronization with the grid. The order from APTEL came after Hyderabad-based Southern Power Distribution Company of Telangana Limited challenged an impugned order of the Telangana State Electricity Commission (TSERC). The TSERC earlier had […] Read more
APTEL Determines Interim CUF at INR 5.71 Per Unit for ODisha Hydro Project Updated On Mon, Jul 3rd, 2023 by Saurenergy The Appellate Tribunal for Electricity (APTEL) has accepted the plea of Baitarani Power Project Private Limited contending the previous order of the State Commission, which had reduced its project tariff for a 24 MW small Hydro Electric Project to INR 5.03 per unit. The order had been passed by the Odisha Electricity Regulatory Commission in […] Read more
ReNew Energy Commissions 27.2 MW Hybrid Renewable Project For Toyota Kirloskar Updated On Fri, Jun 30th, 2023 by Saurenergy Toyota Kirloskar Motor (TKM) has inaugurated a 27.2 MW group captive solar and wind renewable energy project, established through a joint venture with ReNew Energy Global Plc, located at Kudligi Taluk, Vijaynagara district of Karnataka State, home to TKM’s existing solar plant. The green power generated through this project will be exclusively channelled to TKM, […] Read more
AngloGold Ashanti Unveils Renewable Project with Storage at Tropicana Gold Mine in Australia Updated On Wed, Jun 28th, 2023 by Saurenergy Global mining company AngloGold Ashanti plans to build one of the largest renewable projects in Australia’s natural resource sector, the firm announced recently. The company’s subsidiary, AngloGold Ashanti Australia Ltd., has agreed with power developer Pacific Energy to construct and operate 62 MW of wind and solar generation capacity at the Tropicana gold mine site. […] Read more
Leyline Renewable Capital Funds RAI Energy’s Solar and Storage Ventures Updated On Wed, Jun 28th, 2023 by Saurenergy Leyline Renewable Capital, a provider of development loans for renewable energy projects, announced a project development loan for RAI Energy, a renewable energy developer. With the assistance of Leyline Development Capital, RAI Energy is set to advance multiple large utility-scale solar and solar-plus-storage projects within the WECC market over the next four years. Mohammed S. […] Read more
European Solar Energy Startups Witness 400% Surge in Investment: Report Updated On Wed, Jun 28th, 2023 by Saurenergy A new research report by Avent Abacus reveals that total investment in European solar energy startups is up almost 400 per cent compared to last year. Reportedly, the companies received $6 billion in funding in the first five months of 2023 alone. Key Insights Avent Abacus notes that the total investment in European solar startups […] Read more
Germany Joins The Solar Manufacturing Push, Calls Bids For 10 GW Capacities Updated On Tue, Jun 27th, 2023 by Saurenergy With the EU pushing to create manufacturing capacities for clean energy technologies, Germany, an erstwhile pioneer in solar manufacturing till China swamped everyone, has joined the effort to bring back solar manufacturing to the continent. The Federal Ministry of Economics and Climate Protection (BMWK) in Germany, analogous to India’s MNRE, has launched a request for […] Read more
Statkraft Secures German Contract for Solar & Battery Storage Updated On Tue, Jun 27th, 2023 by Saurenergy Statkraft, a Norwegian renewable energy provider, has secured a contract from the Federal Network Agency, the German regulatory authority, to construct a solar power plant coupled with battery storage in Zerbst, Germany. This opportunity emerged following the authority’s announcement of tenders in May 2023. The tenders targeted a combined total capacity of 400 MW. Statkraft’s […] Read more
O&M Arm of Gensol Emerges Winner for 5 MW Solar Tender Floated by IOCL Updated On Tue, Jun 27th, 2023 by Saurenergy Ahmedabad-based Param Renewable has emerged winner for the 5 MW tender floated by Indian Oil Corporation Limited. Won under competitive bidding, the contract is valued at INR 1.47 Cr. The firm emerged as the lowest bidder. Param Renewable is the O&M arm of Gensol. The 5 MW plant will be set up in Jodhpur, Rajasthan. […] Read more