NTPC Discovers Tariffs Below Rs 4.65 In 3 GW FDRE 2 Auctions Updated On Sat, Mar 23rd, 2024 by Saurenergy NTPC’s 3 GW FDRE (Firm and Dispatchable Renewable energy) Tranche 2 auctions. Meant to supply round the clock power through the Inter State Transmission System (ISTS), the auctions were launched in October last year, and widely seen as a key milestone in plans to add storage capacity to the grid. The prices discovered by NTPC […] Read more
Govt Amends ALMM Norms On Module Threshold Efficiency Updated On Fri, Mar 22nd, 2024 by Saurenergy In its latest notification, the Ministry of New and Renewable Energy (MNRE) has amended its ALMM norms for solar module manufacturers. The new revised norms apply to all the solar module manufacturers enlisted under the Approved List of Models and Manufacturers of Solar Photovoltaic Modules (ALMM). According to the latest list from the MNRE, 82 […] Read more
MoP Issues Viability Gap Funding Guidelines For BESS Project Updated On Fri, Mar 22nd, 2024 by Saurenergy The Ministry of Power (MoP) has issued the guidelines for the Rs 94 billion program to provide viability gap funding (VGF) of up to 40% to develop 4,000 Mh of battery energy storage systems (BESS) capacity across the country. According to the MoP, the budget that has been allocated to the programme stands at $37.6 […] Read more
Gensol Engineering Secures Rs 520 Crore Solar Project in Maharashtra Updated On Fri, Mar 22nd, 2024 by Saurenergy Gensol Engineering Limited, an Indian solar power engineering, procurement, and construction (EPC) services and electric mobility company, has secured one of the largest-ever turnkey EPC orders in size and value from a leading power generation utility in the state of Maharashtra, the firm said today. The project involves developing a 100 MWAC/135 MWp ground-mount solar […] Read more
IKEA Investment Arm Secures Norwegian Offshore Wind Project Updated On Thu, Mar 21st, 2024 by Saurenergy Ventyr, a consortium consisting of Parkwind and Ingka Investments, the investment arm of Ingka Group, the largest IKEA retailer, has announced its success in the Norwegian auction for the development of the Sørlige Nordsjø II phase 1 offshore project area in the Southern Norwegian North Sea. According to a media statement by Parkwind, part of […] Read more
Amazon, East Anglia Three Offshore Wind Farm Sign PPA For 159 MW RE Updated On Thu, Mar 21st, 2024 by Saurenergy Amazon recently agreed to procure 159MW from East Anglia Three, developed by Iberdrola, when the site becomes operational. An American multinational technology company collaborated with Iberdrola, which claims to be one of the world’s largest clean energy companies. Amazon expanded its long-term global clean power partnership by signing a renewable energy power purchase agreement (PPA) […] Read more
India To Generate 600 kT Solar Waste From Installed, New Capacity By 2030, Finds Study Updated On Thu, Mar 21st, 2024 by Saurenergy India’s installed 66.7 GW solar capacity, as of FY23, has generated about 100 kilotonnes (kt) of waste, which will increase to 340 kt by 2030, according to a study conducted by the Ministry of New and Renewable Energy and Council on Energy, Environment and Water (CEEW) ‘Enabling a Circular Economy in India’s Solar Industry: Assessing […] Read more
EKI Power Trading Appoints Rajiv Goyal As Its CEO, Whole-Time Director Updated On Thu, Mar 21st, 2024 by Saurenergy EKI Power Trading Pvt. Ltd. recently announced the appointment of Rajiv Goyal as its Chief Executive Officer (CEO) and Whole-Time Director. With a career spanning over 28 years, Goyal brings experience and expertise in the energy sector to his new role. A graduate of REC Calicut Kerala in Electrical and Electronics Engineering, Goyal furthered his […] Read more
Adani Electricty Plans To Install 8,500 EV Charges In Mumbai Societies Updated On Thu, Mar 21st, 2024 by Saurenergy Adani Electricity Mumbai Ltd has announced that it has plans to install 8,500 chargers for electric vehicles (EVs) across apartment societies in Mumbai, reported news agency PTI. The Adani group company said it has launched what it calls the “share charge” initiative under which multiple EV owners can charge their vehicles, as was reported by […] Read more
