Suzlon Bags 25.2 MW Wind Project in Karnataka Updated On Mon, May 22nd, 2023 by Saurenergy After a streak of order wins, renewable energy solutions provider Suzlon Group has added another win to its portfolio. Suzlon has bagged a wind project with 25.2 Megawatt (MW) capacity from Sri Kumaraswamy Mineral Exports Pvt. Ltd. (SKMEPL). The firm will now be responsible for installing 12 wind turbine generators (WTGs) with a Hybrid Lattice […] Read more
ACWA to Invest $120 Million in Uzbekistan Renewables Afresh Updated On Sun, May 21st, 2023 by Saurenergy Saudi Arabia’s ace renewable energy developer ACWA Power has inked two key agreements at the EBRD 2023 Annual Meeting and Business Forum in Samarkand to advance Uzbekistan’s target to decarbonise 35% of its energy sector by 2030. In the first set of agreements with the chemicals company, Uzkimyosanoat of Uzbekistan, ACWA Power will decarbonise the […] Read more
NTPC Reports Highest Ever Annual Generation, 32% Surge In Income In FY23 Updated On Fri, May 19th, 2023 by Saurenergy The National Thermal Power Corporation of India (NTPC) today announced its Q4 and FY23 Financial Results. The leading power generator of the country claimed that during FY23, it reported the highest-ever annual generation of 399 Billion Units (BU) compared to 361 BU in FY22, registering a growth of around 11 percent. The audited results of […] Read more
RUMSL Solicits Bids for Allotment of Pumped Hydro Storage Sites in MP Updated On Fri, May 19th, 2023 by Saurenergy Rewa Ultra Mega Solar Ltd (RUMSL) has issued an RFP for allotment of pumped hydro storage sites in Madhya Pradesh. The total cost of the bidding document is INR 295000. The technical Bid is required to be submitted in online form by July 4, 2023. The financial bid is also to be submitted by the […] Read more
Bangladesh Opens Up Small, But Profitable Opportunity Next Door For Indian Developers Updated On Fri, May 19th, 2023 by Saurenergy Of late, Bangladesh, powered mostly by thermal power and blessed with an unfavourable location for hydropower, has made a serious effort to ramp up its renewable capacity. The country, which has a deficit of power supply that forces it to import from India, hopes that by 2041, 40 per cent of its total power requirements […] Read more
UP Has The Highest Potential For Livelihoods With DRE: CEEW Study Updated On Fri, May 19th, 2023 by Saurenergy A latest report by the Council of Energy, Environment and Water (CEEW) claimed that Uttar Pradesh has the greatest impact opportunity in livelihood by deploying Distributed Renewable Energy (DRE) solutions. The report was recently released by the Minister of New and Renewable Energy RK Singh in a national event in New Delhi recently. Following Uttar […] Read more
Govt to Offer Subsidies to Build Ships that Employ Offshore Wind Projects Updated On Fri, May 19th, 2023 by Saurenergy The Indian government will now extend subsidies to build ships establishing offshore wind projects. It is a part of the shipbuilding subsidy scheme, which the government revised to include the manufacture of these vessels. The move comes even as the government finally announced a (draft) offshore wind policy and hopes to install the first projects […] Read more
PFC Issues Tender for Procurement of Aggregate Power Including RES with Storage Updated On Thu, May 18th, 2023 by Saurenergy PFC Consulting Limited (PFCCL), a wholly owned subsidiary of Power Finance Corporation Limited, has invited proposals for the “Procurement of Aggregate Power requirement of Group of States” for undertaking tariff based competitive bidding for medium term procurement of Power”. PFC is the authorized representative appointed by the Ministry of Power under para B (v) of […] Read more
India Below Asian Average in Electric Vehicle Penetration; CY 2022 Pegged at Just 1.1% Updated On Thu, May 18th, 2023 by Saurenergy As per a research by S&P Global Ratings, India’s EV penetration is a laggard in CY 2022 when compared against other Asian countries. The percentage of EV penetration in the said year was a mere 1.1%, signficantly lower than the Asian average pegged at over 17 per cent. Not surpisingly, the penetration of electric vehicles […] Read more
