Inox Wind To Scale Up Executions With A New ‘Net Cash Positive’ Tag Updated On Tue, Aug 20th, 2024 by Saurenergy Bolstered by a recent infusion of Rs 900 crores from its parent company, Inox Wind Energy Limited (IWEL), Inox Wind, an Indian wind energy company, is now poised to accelerate its execution pace. The company’s top management recently discussed the increase in its order book. In the latest investors’ call, Devansh Jain, Executive Director of […] Read more
APTEL Accepts SGD As Change In Law, Relief Likely For Developers Updated On Tue, Aug 20th, 2024 by Saurenergy In a case that involved a bunch of similar petitions from developers in Rajasthan executing projects worth 950 MW, and another batch in Andhra Pradesh involving projects worth 750 MW, the Appellate Tribunal for Electricity, has provided some measured relief for the developers involved. The petitions bunched together by the APTEL bench involved the acceptance […] Read more
Iron Air battery Maker Form Energy To Build 8500MWh Battery In US Updated On Tue, Aug 20th, 2024 by Saurenergy US based Ion Air battery firm Form Energy, is progressing on plans to convert the former pulp and paper mill in Lincoln, Maine, into one of the largest battery facilities in the world feeding up to 85 MW of power into the grid at a time. Form Energy’s battery project will take comparatively less time […] Read more
A 15% Dip In BESS Costs Can Halt New Coal Power Growth: EMBER Updated On Tue, Aug 20th, 2024 by Saurenergy A new modelling by the global think tank Ember and TERI highlights the crucial role of declining Battery Energy Storage System (BESS) project costs. This analysis underscores that faster BESS cost reductions will be a key driver for an effective coal phase-down in India’s power sector. The report lays out different possible stages of a […] Read more
NVVNL Floats Tender For RTS Project At Delhi Gov Buildings Updated On Mon, Aug 19th, 2024 by Saurenergy NTPC Vidyut Vyapar Nigam Limited (NVVNL), a subsidiary of NTPC, has issued a tender for the development of a 25.651 MW grid-connected rooftop solar power project. This project is to be implemented on the rooftops of buildings owned by the Delhi Police and other government entities in nearby districts. The deadline for bid submission is […] Read more
Finances Critical To EV Deployment In India: Vaibhav Singh (CSI) Updated On Mon, Aug 19th, 2024 by Saurenergy CSI recently launched its India operations. What are the key areas of focus for CSI in India? We majorly focus on transport, power, and industries—particularly those that are hard to abate. As a research organization, CSI focuses on solution reports, such as financial models that could be adopted by entities like the World Bank. We […] Read more
ONGC Invites Bids To Setup 1 GW Hybrid Power Projects Updated On Mon, Aug 19th, 2024 by Saurenergy ONGC has issued a tender for the development of ISTS-connected co-located wind-solar hybrid power projects with a total capacity of 1 GW (500 MW Solar and 500 MW Wind) on a Lump Sum Turnkey (LSTK) basis anywhere in India. The deadline for bid submissions is October 23, 2024. ONGC said, “The commissioning period will be […] Read more
NGEL Invites Bids For Sale Of 100,000 Carbon Credits From RE Project Updated On Mon, Aug 19th, 2024 by Saurenergy NTPC Green Energy Limited, a subsidiary of NTPC, has opened bids through a tendering process followed by a forward auction for the “sale of 100,000 carbon credits (VERs) from RE Projects (Wind and Solar) of NTPC Green Energy Limited registered under the VCS (Verified Carbon Standard) Program.” The tender document states, “The sale of carbon […] Read more
Q1 Results: ReNew Sees 86% Decline In Net Profits Updated On Fri, Aug 16th, 2024 by Saurenergy Renewable energy company ReNew today announced the financial results (unaudited) of first quarter of financial year 2024-25. The NASDAQ-listed company said that it has seen a surge in its operating capacity by around 24 percent Year on year. ReNew’s clean energy contracted portfolio was ~15.6 GW as of Aug 15, 2024. The company said that […] Read more
