Rooftop, CPP & Hybrid Projects Take Precedence in Gujarat Renewable Energy Policy 2023 Updated On Thu, Oct 5th, 2023 by Saurenergy Gujarat Chief Minister Bhupendra Patel has released the Gujarat Renewable Energy Policy 2023. The Policy, whose operative period is upto 2028 or till notification of new policy (whichever is earlier), sets sights on achieving some big goals defined by the State and places a premium on solar-wind hybrid projects. Goals Chalked Out The State will […] Read more
Annual Global Investment in Energy Transition Tech Touched Record Level of US$ 1.1 Trillion in 2022 Updated On Wed, Oct 4th, 2023 by Saurenergy Deloitte’s recent report on India’s energy transition pathway, highlights three pillars of the energy transition pathway. The report mentions three important components in energy transition: grid decarbonisation, industrial decarbonisation, and transport transition. Investments in Energy Transition In 2022, annual global investment in energy transition technologies touched a record level of US$ 1.1 trillion, witnessing a 31 […] Read more
RUMSL Issues Tender for 750 MW Wind-Solar Hybrid Power Projects Updated On Tue, Oct 3rd, 2023 by Saurenergy Rewa Ultra Mega Solar Limited (RUMSL) has issued a tender for the development of 750 MW wind-solar hybrid power projects in Madhya Pradesh. This project will be on a BOO basis (Build Own Operate) basis. Developers may also add storage capacity. The last date for submission of bids is November 17, 2023. Bids open on […] Read more
Vestas Bags 1,220 MW Capacity Orders for Wind Turbines from Europe & US Updated On Tue, Oct 3rd, 2023 by Saurenergy Vestas, a Denmark-based wind turbine manufacturing firm, has entered into a series of new contracts to supply 1,220 MW of onshore and offshore wind turbines cumulatively to projects located in Europe and the United States. Eyeing the European Market Vestas is set to take over the European market, where it has bagged the majority of […] Read more
MNRE Proposes to Hold Bids for 7215 MW Offshore Wind in Tamil Nadu Updated On Fri, Sep 29th, 2023 by Saurenergy The Ministry of New & Renewable Energy (MNRE) has proposed to hold bids for the allocation of offshore wind sites off the coast of Tamil Nadu through its nodal agency ‘National Institute of Wind Energy (NIWE)’. This initiative will look at the development of offshore wind energy projects for sale of power under Open Access […] Read more
Canada’s Brookfield Asset Management Adds $845 Mn for JV with Axis Energy Updated On Fri, Sep 29th, 2023 by Saurenergy Canadian investor in renewable energy, Brookfield Asset Management has announced a second joint venture with Telangana-headquartered clean energy firm, Axis Energy Ventures. Brookfield Asset Management will invest worth $845 million in solar and wind energy projects of the Indian firm. The investment is being made from the Brookfield Global Transition Fund II to accelerate countrywide […] Read more
Offshore Wind Developers To Get Seabed Area On Lease For Five Years Updated On Thu, Sep 28th, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued norms for the tenders for allocating seabed to develop offshore wind projects. It comes when the ministry has proposed to hold bids for the allocation of offshore wind sites off the coast of Tamil Nadu. As per the norms, the National Institute of Wind Energy […] Read more
Clean Energy Investments Have Surged In India: IEA Report Updated On Wed, Sep 27th, 2023 by Saurenergy The International Energy Agency (IEA) has recently released a document on the roadmap for the Net Zero plans. The report indicates the role of government policies in bringing improvement in solar PV. The report emphasizes that the clean energy investment today is dominated by the advanced economies and China. As per the report, large economies such as India […] Read more
NTPC Issues Tender For 1500 MW Of Wind Projects For ISTS Updated On Mon, Sep 25th, 2023 by Saurenergy NTPC Limited has issued an international bidding tender seeking developers to set up 1500 Megawatt (MW) of Inter-State Transmission System (ISTS) wind projects anywhere in India. The central public sector enterprise has asked the bidders to submit their bids by the end of October 19. The bids will be undertaken on a single stage two, envelope mode […] Read more
