Author: Saur News Bureau

$26M Investment In RE Grid Demonstration Projects By Biden Administration

US President Joe Biden has announced a US $26M investment to demonstrate that the US electricity grid can be run fully on renewables and energy storage. The program will investigate how renewable energy can sustain grid dependability and allow it to stay connected during disturbances or reboot it in the event of a shutdown through […]

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NTPC Looks for Nuclear Power Addition; Bullish on Renewable Energy

Power conglomerate NTPC has announced in its 18th Analysts & Investors Meet that the company is foraying into nuclear power while maintaining its thrust on the renewable sector. Chairman and Managing Director, Gurdeep Singh, said, “Discussions are underway for adding the nuclear capacity. This is the new thing that you would probably be hearing that we […]

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Project Solar Raises $23 Million Series A For Digital Solar Offering Expansion

Project Solar, a US based and America focused firm for solar installations, has shared that it has concluded a $23M Series A financing round. New-York based capital venture firm, Left Lane Capital, led the round along with strategics from the industry. The investment will be the first institutional capital for Project Solar that will be […]

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Surat Municipal Corporation Issues Grid Connected Solar Tenders of 2 MW Each

Surat Municipal Corporation has floated two grid-connected solar tenders. Both tenders have a 2 MW capacity. One is for a solar plant to be installed on the BRTS route to Narmad University & the other one will be in Central Mall in Surat through the RESCO model. The last date for submitting the bids for […]

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MP, Rajasthan, Karnataka Lead In Power Subsidies

According to data provided by the Power Ministry, subsidised electricity is being supplied to consumers in 27 states and Union territories. Further, as much as Rs 1.32 trillion (Rs 132,000 crores) in subsidies has been spent in the country in the financial year, 2020-21 financial year. Among all the states, Madhya Pradesh, Rajasthan and Karnataka […]

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Madhya Pradesh Hopes To Be Major Energy Exporter Using Green Power

Madhya Pradesh, one of the states that has managed to shrug off an indifferent renewable record over the past three years to emerge as a renewable hotspot in India, has set a high target for 2030. The state hopes to add 20,000 MW of renewable energy, mostly solar power, to become a significant energy exporter […]

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Amp Energy India & RUMSL To Develop India’s Largest Floating Solar Project

Amp Energy India, one of India’s leading renewable energy companies, has announced today that it has signed a Power Purchase Agreement (PPA) with Rewa Ultra Mega Solar Ltd (RUMSL) in Madhya Pradesh for 100MW/140MWp capacity. RUMSL is a joint venture of Solar Energy Corporation of India and Madhya Pradesh Urja Vikas Nigam Ltd. It has […]

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GSECL Invites Bids For The 20 MW Grid Connected Solar Plant

Gujarat State Electricity Corporation Limited (GSECL) has floated a tender for the supply of a 20 MW grid-connected solar power plant. This solar plant will be set up at Itiya of Bhavnagar District around the substation of GETCO, Gujarat.   The last date for submitting the bid for this solar power project is September 03, 2022, […]

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Terabase Energy Raises Fund From Bill Gates’ Breakthrough Energy Ventures

Terabase Energy, a US-based start-up, has raised USD $44 million in a Series B investment round led by Bill Gates’ Breakthrough Energy Ventures and venture capital company Prelude Ventures, among others, to accelerate the commercialization of its automated solar park building technology. The increase brings the company’s total funding to US$52 million, up from US$6 […]

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