SECI Kicks Off Storage Push With EOI For 1 GW Project Updated On Mon, Oct 18th, 2021 by Saurenergy SECI has been given the go ahead for inviting expression of interest for installation of 1000 MWh Battery Energy Storage System (BESS) as a pilot project. This is the joint effort of both Ministry of New and renewable energy and Ministry of Power who have been working on this to provide a road map for […] Read more
ReNew Power Targets 18GW Capacity by 2024-25, from 6.4GW at Present Updated On Wed, Oct 13th, 2021 by Saurenergy To lead India’s energy transition and global green energy transformation, ReNew aspires to have 18 GW of operational capacity by FY’25, said Gurugram-based ReNew Power in a statement released yesterday. The company’s current operating capacity stands at 6.4 GW. ReNew expects to have its 10.2 GW portfolio operational by the end of FY’23 which also includes […] Read more
It’s Shopping Sunday For Reliance With 40% Stake in Sterling And Wilson Solar Updated On Sun, Oct 10th, 2021 by Saurenergy In a Stock exchange filing today, Sterling and Wilson Solar has informed the exchange about the signing of definitive agreements by Reliance New Energy Solar Ltd (RNESL), a wholly-owned subsidiary of Reliance Industries Ltd (Reliance), and Shapoorji Pallonji and Company Private Ltd (SPCPL), Khurshed Daruvala and Sterling and Wilson Solar Ltd (SWSL) to acquire 40.0% […] Read more
Kolkata Port Trust Gets First MW Sized Solar Plant, Vikram Solar The EPC Updated On Sun, Oct 10th, 2021 by Saurenergy Vikram Solar, one of India’s leading module manufacturers and a prominent EPC solar solutions provider commissioned a 1 Megawatt (MW) solar plant for Kolkata Port Trust (KoPT), The Syama Prasad Mookerjee Port Trust. This is KoPT’s first solar plant located at the Haldia Dock Complex, KoPT. It was inaugurated by the Minister of Ports, Shipping […] Read more
Reliance Acquires REC Group in $771 Million Buy Out Updated On Sun, Oct 10th, 2021 by Saurenergy In a stock exchange filing today, Reliance Industries Limited (RIL) today acquired Norway-headquartered solar module maker REC Solar Holdings (REC Group) for an enterprise value of US$ 771 million (around Rs 5,800 crore) from China National Bluestar. The acquisition was done through its fully owned subsidiary, Reliance New Energy Solar Limited. “Reliance New Energy Solar […] Read more
Aker Unveils Underwater Innovation for Floating Offshore Wind Updated On Fri, Oct 8th, 2021 by Saurenergy Aker Offshore Wind has outlined plans to utilise Scotland’s first offshore wind underwater substation as part of its bids for major offshore windfarms. The multi-million subsea innovation would be developed, manufactured, and supplied in Scotland by Aker Solutions and provide major export opportunities for Scottish businesses. Substations – which help move the energy created by […] Read more
GE to Supply 810MW Turbines for JSW’s Wind Farms in Tamil Nadu Updated On Fri, Oct 8th, 2021 by Saurenergy GE Renewable Energy has received an order from Indian power company JSW Energy to supply 810 MW of onshore wind turbines for their upcoming wind farms in Tamil Nadu. The turbines will produce enough green energy to meet the annual electricity requirements of more than 2.1 million households in the country, said GE. JSW Energy […] Read more
Fortescue Metals Acquires 60% Stake in RE Firm HyET Updated On Thu, Oct 7th, 2021 by Saurenergy Fortescue Metals’s green energy unit has bought a 60% stake in Dutch-based renewable firm High yield Energy Technologies (HyET) Group in a bid to cut costs and boost green energy production. “HyET Hydrogen’s technology will support FFI in reducing costs in other areas of the green hydrogen supply chain,” said Julie Shuttleworth, chief executive officer […] Read more
Italy Offers 3.3 GW Wind & Solar in New RE Tender Updated On Tue, Oct 5th, 2021 by Saurenergy Italy’s state energy management agency Gestore dei Servizi Energetici (GSE) has launched the country’s seventh renewable energy tender that is expected to award 3,312MW of solar photovoltaic and wind capacity. The tender was opened last week and the latest contracting process includes unallocated capacity in previous six unsubscribed auctions, totalling 2,485 MW. Italy’s sixth tender ended up […] Read more