Hitachi Energy To Build HVDC Link To Connect Tasmania To Mainland Grid In Australia Updated On Tue, May 28th, 2024 by Saurenergy Marinus Link Pty Ltd (MLPL) has selected Hitachi Energy to supply a high-voltage direct current (HVDC) project, which will augment the connection between mainland Australia and Tasmania’s grid. The approximately 345-kilometer cable route HVDC system will enable the flow of renewable power in both directions between the Victorian and Tasmanian states. For the first time […] Read more
Avaada, Apraava, ReNew & JSW Bag NTPC’s 1.5 GW Solar Contract Updated On Fri, May 24th, 2024 by Saurenergy Indian power behemoth NTPC recently awarded the contracts to four developers to setup its 1,500 MW of solar project. The Indian Renewable Energy Implementing Agency recently announced the results of its tender, floated earlier. The tender was meant for Inter-State Transmission System (ISTS) through these new proposed solar projects. Based on the reverse competitive bidding, […] Read more
Top 5 Reasons Why the US is Poised To Make An Impact in Energy Storage Updated On Thu, May 23rd, 2024 by Saurenergy In the race towards a sustainable future, battery technology is emerging as a critical component. Batteries are vital for the renewable energy revolution, essential for the functioning of electric vehicles (EVs), and pivotal for energy storage systems that stabilize power grids. For years, China has held a dominant position in the global battery market, but […] Read more
Exempt 100% Of ISTS Charges For RE Power Till 2030: IEEFA Updated On Thu, May 23rd, 2024 by Saurenergy The Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research and Analytics have prepared and shared a list of key recommendations that the new Union government post-elections should take up in the first 100-days to reach the renewable energy targets up to 2030. As per the Indian government’s own target it wants to […] Read more
Open Access Charges: When Solar Fails To Deliver Promised Savings Updated On Thu, May 23rd, 2024 by Saurenergy The concept of open access in the electricity market was introduced to foster competition and provide consumers with the freedom to choose their electricity suppliers. However, despite the potential for savings, the reality is that net landed solar electricity often does not result in significant cost reductions for end consumers. This outcome is largely due […] Read more
RECPDCL Releases Tender For 200 MW Solar Project In Jhansi Updated On Wed, May 22nd, 2024 by Saurenergy REC Power Development and Consultancy Limited (RECPDCL), a Central Public Sector Undertaking (CPSU) under the Ministry of Power, released a tender for the commissioning of a 200 MW (AC) grid-connected ground-mounted solar PV power plant at Jhansi, Uttar Pradesh. REC invited bids for the selection of the contractor for the design, engineering, supply, construction, erection, […] Read more
Wind Capex To More Than Double To Rs 1.8 lakh Crore By Fiscal 2028 Updated On Tue, May 21st, 2024 by Saurenergy CRISIL Ratings recently announced that, the wind capacity addition is expected to witness to rise 2.5x on auction ramp-up and easing supply side constraints. The research agency anticipates an increase in India’s wind capacity addition with an increase by 2.5 times to nearly 25 GW between fiscals 2025 and 2028. This is an increase compared […] Read more
EV Car Sales In India Reached 1Mn With 70% YoY Growth Updated On Tue, May 21st, 2024 by Saurenergy International Energy Agency (IEA) in its recent report on Global Critical Mineral Outlook 2024, found a global rise in electric vehicle sales. The report found a global increase in the sale of total electric car sales in India by 70% with an increase in electric car sales reaching almost 1 million. The IEA report found, […] Read more
Delayed Solar Project: Gujarat Discom, GETCO Draw GERC’s Ire Updated On Mon, May 20th, 2024 by Saurenergy The Gujarat Electricity Regulatory Commission (GERC) in its latest judgement ordered the Gujarat discom-Uttar Gujarat Vij Company Limited (UGVCL) and govt entity Gujarat Energy Transmission Corporation Limited (GETCO) to refund the amount charged to solar generators on account of delays. The case was filed by Arka Energy, Aditya Energy and their clients jointly against UGVCL, […] Read more