With formal approval, 20 GW of RE capacity on its way for green corridor Updated On Wed, Mar 16th, 2022 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has notified the President’s approval for the implementation of the “Intra-state Transmission System Green Energy Corridor (GEC) Phase- II” scheme, which will enable the creation of intra-state transmission infrastructure required for the power evacuation of renewable power projects in the country. The projects, which would have approx. […] Read more
MoP issues guidelines for procurement & utilisation of BESS Updated On Mon, Mar 14th, 2022 by Saurenergy The Ministry of Power (MoP) has notified a new resolution of the Guidelines for the procurement and utilisation of battery energy storage systems (BESS) as part of generation, transmission and distribution assets, along with ancillary services. Specific Objectives of the Guidelines: To facilitate procurement of BESS, as part of individual RE power projects or separately, […] Read more
Resurgent Power Ventures Pte Ltd Gets UP Power firm through IBC process Updated On Thu, Mar 10th, 2022 by Saurenergy Tata Power backed Resurgent Power Ventures has been selected for takeover of the South East UP Power Transmission Company Limited (SEUPTCL) by the resolution professional handling the case of the bankrupt transmission firm. A Letter of Intent (LOI) selecting Resurgent Power Ventures Pte Ltd (Resurgent) has been issued under the Insolvency and Banking Code (IBC)proceedings, […] Read more
Azure Power refinances its 600 MW solar project Updated On Wed, Feb 23rd, 2022 by Saurenergy Azure Power Global Limited has said that it has refinanced its 600 MW solar power project – which is based in the state of Rajasthan – at the lowest rate of interest in its portfolio up to the present time. The company statement says that it has successfully refinanced its existing project finance facility of […] Read more
Indian Oil Says New Policy to Cut Green H2 Cost by 40-50% Updated On Mon, Feb 21st, 2022 by Saurenergy Largest Indian oil firm IOC will set up ‘green hydrogen’ plants at its Mathura and Panipat refineries by 2024 to replace carbon-emitting units as it sees the just announced green hydrogen policy as a watershed moment in the country’s energy transition that will help cut costs. SSV Ramakumar, Director for Research and Development at Indian […] Read more
UK’s National Grid to Get Stability Services from RE for First Time Updated On Tue, Feb 15th, 2022 by Saurenergy Britain’s National Grid said on Monday it will be able to obtain grid stability services from renewable power generators for the first time, in the path to decarbonising the power sector and as more fossil fuel generators go offfline. Britain has a target to reach net zero emissions by 2050 which will require a huge […] Read more
Ayana, Fortum bag 600 MW Solar Power Auctions for Gadag, Koppal in Karnataka Updated On Mon, Feb 7th, 2022 by Saurenergy Leading solar power companies Project Eight Renewable Power Private Limited (Ayana) and Solar One Energy Private Limited (Fortum) have won 600 MW in Solar Energy Corporation of India’s (SECI) solar power auctions. This particular bid was for the Gadag Sub-Station. Talking about individual success of both the players, Ayana has won 300 MW capacity at […] Read more
Senior Electrical Design Engineer Updated On Fri, Feb 4th, 2022 by Saurenergy Candidates only with prior Engineering Design experience in Power Sector (preferably Solar PV) and meeting the following criteria should apply. Must Have Requirements:- Hands-on design and optimization experience in cable sizing, switchgear design, transformer sizing, earthing and protection systems, transmission systems, plant monitoring systems, and associated utilities Experience in Bill of Material preparation and optimization […] Read more
2020 Champion, Vietnam Offers a Cautionary Tale On Renewable Growth Updated On Fri, Jan 28th, 2022 by Saurenergy Just when Vietnam has emerged on the global map as a ‘solar hotspot,’ after a stupendous 2020, the government has declared that no solar energy will be added in 2022 as the grid system is failing to accommodate the solar power produced. Vietnam may not repeat the success of yesteryears but there is credible evidence […] Read more