Sep 18 Int’l Briefs- Ib Vogt, USTR Section 301 Tariffs, Al Ajban Project Updated On Wed, Sep 18th, 2024 by Saurenergy ib vogt and NextEnergy Capital agree on 110 MWp Solar Project acquisition for their NextPower V ESG fund International solar developer ib vogt and NextPower V ESG have successfully agreed on a deal for the sale and purchase of a 110 MWp solar photovoltaic project, respectively. The project, located in Segovia, Spain, is to be […] Read more
SECI Seeks Offshore Wind Developers For 500 MW Gujarat Project Updated On Mon, Sep 16th, 2024 by Saurenergy Solar Energy Corporation of India Limited (SECI), a ‘Navratna’, recently released a tender to select wind power developers to set up 500 MW ISTS-connected offshore wind power projects in India (Tranche-I). The tender set the bid submission end date (Soft Copy) as 10-12-2024 and the bid submission end date (Hard Copy) is 12-12-2024 The tender […] Read more
AMPIN Energy, Sumitomo Collaborate To Boost RE In India Updated On Fri, Sep 13th, 2024 by Saurenergy Sumitomo Corporation has established AMPIN C&I Power Private Limited, in cooperation with AMPIN Energy Transition Private Limited. The joint venture (JV) will be owned 51% by AMPIN and 49% by Sumitomo. The allocated funds will be used for the development, construction, and operation of State Transmission Utility (STU) connected projects providing renewable energy to Commercial […] Read more
SECI Issues Fresh FDRE Tender For 8 GWh (2GW x 4 hours) Updated On Fri, Sep 13th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has announced a Firm and Dispatchable Renewable Energy (FDRE) tender for peak supply totaling 8,000 MWh (2,000 MW x 4 hours). The project will be developed on a Build Own Operate (BOO) basis. SECI intends to sign a Power Purchase Agreement (PPA) with the successful bidders for a […] Read more
NHPC Discovers Lowest Tariff Of Rs. 4.37 For 1.2 GW FDRE Project Updated On Fri, Sep 13th, 2024 by Saurenergy NHPC has announced the winners of the 1.2 GW Firm and Dispatchable Energy (FDRE) project under Tranche II. It allocated the project to five successful bidders: Essar Renewables, Juniper Green Energy, Serentica Renewables, Hexa Climate Solutions, and Avaada Energy. According to the tender results, NHPC allocated Essar, Juniper, and Serentica 300 MW, 200 MW, and […] Read more
Apraava Energy Secures 300 MW Solar Project From NTPC In Rajasthan Updated On Thu, Sep 12th, 2024 by Saurenergy Apraava Energy, today signed a Power Purchase Agreement (PPA) for a 300 MW interstate transmission system (ISTS) connected solar energy project with NTPC Limited in Rajasthan. The Mumbai-based integrated energy solutions provider project in Rajasthan is expected to be completed within 24 months. Apraava secured this project through an e-reverse auction mechanism at a tariff […] Read more
GUVNL Deserves Carbon Credit Share From RE Project: GERC Updated On Thu, Sep 12th, 2024 by Saurenergy In an interesting case, the Gujarat Electricity Regulatory Commission (GERC) has ruled that wind energy generators must share the benefits of carbon credits with power distribution companies, regardless of the platform used. The order was passed in a case where the Power Purchase Agreement (PPA) was executed under a generic tariff arrangement. The case emerged […] Read more
APTEL Refuses To Provide Relief To ReNew In 300 MW Wind Project Updated On Wed, Sep 11th, 2024 by Saurenergy The Appellate Tribunal for Electricity, in an order dated September 10, has ruled on a case involving ReNew (through ReNew Naveen Urja Private Limited) and SECI , and by extension, CERC. Case Overview: Renew Naveen Urja Private Limited (Appellant) vs. Central Electricity Regulatory Commission (CERC) & Solar Energy Corporation of India Limited (SECI). ReNew sought […] Read more
MNRE Proposes RESCO, Aggregation Model To Boost Rooftop Solar Updated On Wed, Sep 11th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has released draft guidelines aimed at boosting the growth of the residential rooftop solar segment. According to the draft plan, rooftop solar systems can be installed on consumers’ rooftops without requiring any initial capital investment. The ministry has asked the public and the stakeholders concerned to send […] Read more
