Adani Green’s 130 MW Wind Project Commissioned in Gujarat Updated On Fri, May 26th, 2023 by Saurenergy A subsidiary of Adani Green Energy, Adani Wind Energy Kutchh Five Limited (AWEK5L), has achieved the commissioning of a 130 MW wind project in Gujarat. The plant has been established at Kutchh. The firm has signed a power purchase agreement (PPA) of 130 MW with Solar Energy Corporation of India (SECI). The agreement has been […] Read more
Neoen, Prokon Set the Ball Rolling for Two Wind Farms in Finland Totalling 161.2 MW Updated On Wed, May 24th, 2023 by Saurenergy French renewable energy player Neoen has begun the construction of the Storbötet and Lumivaara wind farms in Finland in association with Irish RE cooperative Prokon. The two firms have provided notice to proceed to Vestas regarding the wind farms they own jointly. The total capacity of the wind farms stands at 161.2 MW. Neoen said […] Read more
GUVNL Invites Bids For 800MW Solar Projects With Greenshoe Option Updated On Tue, May 23rd, 2023 by Saurenergy Gujarat Urja Vikas Nigam (GUVNL) has invited bids for the purchase of power through a competitive bidding process (followed by reverse e-auction) from the 800 Megawatt (MW) Grid-Connected Solar Photovoltaic Power Projects to be set up in Gujarat State Electricity Corporation Ltd’s Solar Park at Khavda (GSECL Stage 2) with a Greenshoe option of additional […] Read more
Bangladesh Opens Up Small, But Profitable Opportunity Next Door For Indian Developers Updated On Fri, May 19th, 2023 by Saurenergy Of late, Bangladesh, powered mostly by thermal power and blessed with an unfavourable location for hydropower, has made a serious effort to ramp up its renewable capacity. The country, which has a deficit of power supply that forces it to import from India, hopes that by 2041, 40 per cent of its total power requirements […] Read more
A Lack of Awareness Among Key Stakeholders About Benefits Of Solar Insurance- Sudhish Ramteke, Anand Rathi Updated On Wed, May 17th, 2023 by Saurenergy As solar has achieved scale and a future of strong growth, insurance firms have also done well to catch up and offer products for the sector. Besides the obvious role of de-risking projects for developers, insurance firms also play a key role in wider understanding and acceptance of the risks involved for other key stakeholders, […] Read more
Recurrent Energy Secures PPA For 100 MW Liberty Solar Project Updated On Tue, May 16th, 2023 by Saurenergy Canadian Solar-owned Recurrent Energy has signed an aggregated virtual power purchase agreement (VPPA) with Texas-based industries for 100% of the production capacity of its Liberty Solar project. The industries concerned are EMD Electronics, Biogen Inc., Wayfair Inc., Autodesk, Inc. and a large healthcare company. Recurrent Energy is currently developing the 100 MWac solar project near […] Read more
Amp Energy Wins CESC’s 150 MW Wind-Solar Hybrid Tender Updated On Thu, May 11th, 2023 by Saurenergy Renewable energy firm Amp Energy India has won a 150 MW wind-solar hybrid Calcutta Electric Supply Corporation (CESC) project via competitive bidding. The project has been won through its subsidiary Amp Green Energy Private Ltd, at a tariff of ₹ 3.07 per unit. The tariff discovered was the lowest tariff in the bid. The other […] Read more
Corporate PPA Contracts Added 148 GW of RE From 2015 to 2022: WBSCD Updated On Thu, May 11th, 2023 by Saurenergy As per a recent report shared by World Business Council for Sustainable Development (WBSCD), 23% of the firms that aimed for 100% renewable energy have achieved their goal of 100% renewable energy. Furthermore, by 2021, companies committing to procure 100% renewable power through RE100 were procuring 49% from renewable sources, equating to 184 TWh of […] Read more
Acconia Energía, The Blue Circle Sign 436MW Thailand Wind Energy PPA Updated On Wed, May 10th, 2023 by Saurenergy Spanish renewable energy developer Acconia Energía has been awarded a Power Purchase Agreement (PPA) for five wind projects totaling 436MW in Thailand together with its participated company The Blue Circle. The Blue Circle is a wind energy player mainly focused on ASEAN markets. Acconia Energía said that the projects have been allocated through a tender […] Read more