SECI Signs PSA With GRIDCO To Provide 600 MW Of Wind Power To Odisha Updated On Fri, Jun 9th, 2023 by Saurenergy The Solar Energy Corporation of India Limited (SECI), has signed a Power Sale Agreement (PSA) with Odisha’s state utility GRIDCO. GRIDCO is the state government’s nodal agency for dealing with the bulk transmission of power in the state. Under the agreement, GRIDCO will purchase 600 Megawatt (MW) of wind power from SECI under Tranche – […] Read more
RE Projects With No PPAs, Made For Power Exchanges- CFD could Make It Possible Updated On Fri, Jun 9th, 2023 by Saurenergy In an announcement that could potentially change the landscape of renewable energy projects, the way they are procured and the flexibility, freedom enjoyed by developers and generators in the industry, new renewable energy projects can now be sold on power exchanges exclusively. Traders and project developers will interact directly for contracting supplies from these projects. […] Read more
KPI Green Gets Commissioning Certificates from GEDA for 26.10 MW Hybrid Power Project Updated On Thu, Jun 8th, 2023 by Saurenergy Gujarat-based KPI Green Energy, which develops, builds, owns, operates, and maintains solar power plants as an independent power producer and captive power producer has announced receiving commissioning certificates from GEDA (Gujarat Energy Development Agency). The firm has commissioned 26.10 MW wind-solar hybrid power project. The hybrid project comprises of 16.10 MW capacity of wind while […] Read more
FORVIA Signs PPA With RPC For 417 GWh Wind Power In Europe Updated On Tue, May 30th, 2023 by Saurenergy French automotive supplier Faurecia, owned by FORVIA, has announced that it has signed a ten-year Power Purchase Agreement (PPA) with clean energy major Renewable Power Capital in a bid to further its efforts for decarbonisation. This deal is securing almost all the output from the 417 GWh, 24 wind turbine, Klevberget onshore farm in Sweden. […] Read more
Pharma Firm Sami-Sabinsa Procures Solar Power for Karnataka Operations from O2 Power Updated On Thu, May 25th, 2023 by Saurenergy Pharma player Sami-Sabinsa Group has signed a long-term mutual agreement with clean energy major O2 Renewable Energy for the purchase of 150 million units (MU) of renewable power over a 25-year period. Sami-Sabinsa is a research-oriented firm that uses sustainable nutraceutical/ cosmeceutical ingredients. O2 Renewable Energy is a subsidiary of Singapore-based renewable energy developer O2 […] Read more
Badeel, ACWA Power To Invest Over $3 billion For 4.5 GW Solar Projects In Saudi Arabia Updated On Mon, May 22nd, 2023 by Saurenergy Providing thrust to the new wave of solar power development in Saudi Arabia, the Water and Electricity Holding Company (Badeel) and ACWA Power have signed Power Purchase Agreements (PPAs) with the Saudi Power Procurement Company (SPPC) for the development and operation of three major new solar IPP projects. Badeel is fully owned by the Public […] Read more
MRF To Buy 19% Stake In First Energy For Solar Power Purchase Updated On Wed, May 17th, 2023 by Saurenergy Global vehicular tyre manufacturer MRF has said it will be picking up a stake of upto 19.10 per cent in First Energy 4 Pvt Ltd. The contract value disclosed by MRF in the announcement has been estimated to be Rs 13.09 crore. The renewable energy firm develops, constructs, operates, and maintains renewable energy-based power plants […] Read more
TP Saurya Joins Hands with Tata Power Trading Company for 200 MW Solar Project in Rajasthan Updated On Fri, May 12th, 2023 by Saurenergy TP Saurya Limited (TPSL), a subsidiary of Tata Power Renewable Energy Limited (TPREL) has signed a Power Purchase Agreement (PPA) with Tata Power Trading Company Limited (TPTCL) to set up a 200 MW (280 MW) solar project at Bikaner in Rajasthan. The plant will be commissioned by March 2024. TPTCL has entered into a PPA […] Read more
MSEDCL Gets Nod For Long-Term Solar Power Procurement At Rs 2.90/unit Updated On Fri, May 12th, 2023 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC), in its latest judgment, allowed the Maharashtra State Electricity Distribution Company (MSEDCL) to procure solar energy from the state’s 500 Megawatt (MW) grid-connected intra-state solar projects (Phase-IX) at the rate of Rs 2.90 per kilowatt. The decision came after the discom moved the Commission seeking their approval. The discom, earlier […] Read more
