Oman, ACME to Build Green H2 & Ammonia Project Updated On Tue, Aug 24th, 2021 by Saurenergy Oman, the oldest independent state in the Arab world, has signed a land reservation agreement for a green hydrogen and ammonia project that Indian renewable energy company ACME aims to set up in the Special Economic Zone at Duqm. The announcement was made by Oman’s state news agency through Twitter recently. According to its Second […] Read more
Maharashtra Renewable Plans Back On Track, Powered By Lower Costs Updated On Thu, Aug 19th, 2021 by Saurenergy 2021 has been a good year so far, for renewable energy growth in Maharashtra, with the primary state discom, Maharashtra State Electricity Distribution Company Limited (MSEDCL) finally happy with the bids it received for its recent tenders. With prices dropping to as low as Rs 2.42 for its last solar tender, besides Rs 2.62 for […] Read more
ReNew Power Makes First Hydro Acquisition, Adds 359 MW Acquisitions Updated On Wed, Aug 11th, 2021 by Saurenergy ReNew Power continues its strong 2021 performance with the announcement of two acquisitions of 359 MW of renewable projects. Notably, the firm has made its first Hydropower acquisition, a 99 MW project in Uttarakhand. The second project is a clutch of 260MW/330MWp solar projects in the state of Telangana According to the firm, the combined […] Read more
Madhya Pradesh Tenders for 225MW Solar Projects Under PM KUSUM Updated On Tue, Aug 3rd, 2021 by Saurenergy Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) has invited bids for the selection of developers for implementation of approximately 225 MW(AC) grid-connected solar power plants connected to selected 33/11 kV substations under the PM KUSUM program at various locations in Madhya Pradesh. The project size to be installed per substation is 500 kW to 2 […] Read more
ACME Solar Raises $334 Million Through Offshore Green Bonds Updated On Fri, Jul 30th, 2021 by Saurenergy India’s solar power developer ACME Solar has today announced raising USD 334 million through offshore green bonds. The investment has been raised for 12 of ACME’s solar projects in India, and it will be funded by U.S. dollar-denominated green bonds. These bonds have received the green certification from Climate Bonds Initiative. Also, they will be […] Read more
SECI Finally Finds The First Buyer for Manufacturing Linked Tender- GRIDCO Updated On Thu, Jul 29th, 2021 by Saurenergy Late last week, SECI (Solar Energy Corporation of India) announced the first power supply agreement (PSA) in connection with its manufacturing-linked solar tenders, floated in November 2019. These were won by Adani Green and Azure Power finally. Signed in Bhubaneshwar between SECI and GRIDCO Limited (or Grid Cooperation of Odisha), a subsidiary of Odisha Electricity […] Read more
Wind Developers in Maharashtra Find Limited Support at APTEL Updated On Tue, Jul 27th, 2021 by Saurenergy The Appellate Tribunal for Electricity (APTEL) has ruled in favour of a petition filed by the Wind Independent Power Producers Association (WIPPA), challenging the process by which e-public hearing was conducted by the Maharashtra Electricity Regulatory Commission (MERC) on July 16, 2021. The petitioner filed its petition under Section 121 of the Electricity Act, 2003, […] Read more
SECI Gets Bids Over 10 GW for Rajasthan 1785 MW Tender Updated On Thu, Jul 22nd, 2021 by Saurenergy Continuing the strong trend observed across all significant tenders since the last quarter, a source at SECI confirms that they have seen a very strong response to the tender for 1785 MW solar projects in Rajasthan. Without confirming the final list, the source tells us that bids have been received for almost 10 GW, and […] Read more
Kerala’s 1kW Rooftop Solar Systems to be Available at Rs 53,651 Updated On Wed, Jul 14th, 2021 by Saurenergy The lowest bid received by the Kerala State Electricity Board (KSEB) for residential rooftop solar systems of up to 1 kW has been discovered to be ₹53,651/kW. In February this year, KSEB floated a tender to empanel contractors for providing EPC (engineering, procurement, and construction (EPC) services for 200 MW of grid-connected residential rooftop solar […] Read more
