Renew Power Commissions 250 MW Solar project In Rajasthan Updated On Thu, Sep 9th, 2021 by Saurenergy ReNew Power today announced the commissioning of 250 MW capacity of its Interstate Transmission System (ISTS) solar generation project, SECI-3. The project has a total generation capacity of 300 MW which was won by ReNew Power in tranche 3 of the competitive auction conducted by the Solar Energy Corporation of India (SECI). ReNew expects the […] Read more
CERC Adopts Rs. 2.63/kWh Tariff for 300 MW Solar Project Updated On Thu, Sep 9th, 2021 by Saurenergy In a recent order, the Central Electricity Regulatory Commission (CERC) has accepted NTPC Limited’s petition to adopt the tariff of Rs. 2.63/kWh and a trade margin of Rs. 0.07/kWh for a 300 MW solar project. In 2019, NTPC (formerly National Thermal Power Corporation Limited) had issued a request for selection (RfS) for setting up 1,200 […] Read more
Jio-bp & BluSmart Will Set up EV Charging Infra in India Updated On Thu, Sep 9th, 2021 by Saurenergy Jio-bp, the fuels and mobility joint venture between Reliance Industries Limited and bp, is partnering with major all-electric ride-hailing platform BluSmart to set up a network of commercial large scale EV charging stations. As part of the partnership, Jio-bp will set up these stations for passenger electric vehicles and fleets across the country. Running the country’s […] Read more
Mitsubishi, Amazon to Build 450 Solar Plants Totalling 20 MW in Japan Updated On Thu, Sep 9th, 2021 by Saurenergy Japanese trading company Mitsubishi Corporation has signed a long-term corporate power purchase agreement, through which it will supply electricity to data centres owned and operated by online retail giant Amazon’s subsidiary Amazon Web Services. Facilitated by MC Retail Energy Co., Ltd., this corporate PPA represents Amazon’s first use of renewable energy in Japan. Under the agreement’s […] Read more
Climate Change And Extreme Temperatures To Stretch Power Utilities Like Nothing Before: Study Updated On Thu, Sep 9th, 2021 by Saurenergy As more cooling is installed and as home heat gets decarbonized, hampering the grid, global utilities will need to lay on more than 1,500 TWh in fresh power resources – collectively about the same amount of electricity that India supplies to its 1 billion citizens, finds a new report by Rethink Energy. The report is significant […] Read more
Irish Sovereign Fund to Invest €1bn in Climate Projects Over 5 Years Updated On Thu, Sep 9th, 2021 by Saurenergy The Ireland Strategic Investment Fund (ISIF), managed by the National Treasury Management Agency (NTMA), has set out plans to invest €1bn in climate action projects over the next 5 years. The country’s sovereign fund will support green projects comprising renewables and battery storage till 2026. ISIF made the announcement alongside the publication of its half-year […] Read more
Green Projects Fuel Demand for Cogeneration Equipment Market: Study Updated On Thu, Sep 9th, 2021 by Saurenergy The global cogeneration equipment market, which was valued at US$ 20.25 Bn in 2018, would expand at a CAGR of 9.84% during the forecast period of 2019–2027, according to analysts at market intelligence company Transparency Market Research (TMR). The concept of cogeneration includes simultaneous heat and electricity generation from a single fuel source, including biomass […] Read more
Software-driven transformation to be Key for OEM’s in Auto Sector: Study Updated On Thu, Sep 9th, 2021 by Saurenergy Software-driven transformation is expected to help leading original equipment manufacturers (OEMs) in the automotive industry gain 9% higher market share over their peers by differentiating themselves with unique software-based features and services, according to a new report from the Capgemini Research Institute. Headquartered in Paris, Capgemini is a French multinational information technology services and consulting […] Read more
Power Sector PSU’s Get Strong Backing To Push For Renewables Updated On Thu, Sep 9th, 2021 by Saurenergy Yesterday, (September 8) at a meeting to discuss the action plan for enhancing the investment by power sector CPSEs (Central Public Sector Undertakings) in renewable energy projects under the Chairmanship of R.K Singh, Union Minister of Power & NRE yesterday representative of all Hydro CPSEs, NTPC Ltd., MNRE and SECI came in. Key decisions were […] Read more
