CERC Terms SC Order On GIB As ‘Change Of Law’, Awards Compensation To Azure Updated On Mon, May 6th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) in a significant judgment termed the 2021 Supreme Court order on the Great Indian Bustards (GIB) as a ‘Change of Law’ event. It also granted compensation to Azure Power Maple Private Limited on account of its alleged additional expenditures. The case came to light after the petitioner Azure Power […] Read more
TPREL, SJVN Sign PPA For 460 MW Firm & Dispatchable Project Updated On Sat, May 4th, 2024 by Saurenergy Tata Power Renewable Energy Limited (TPREL), has signed a Power Purchase Agreement (PPA) with SJVN Limited (SJVN), an Indian Public Sector Undertaking (PSU), for a 460 MW Firm and Dispatchable Renewable Energy (FDRE) Project. The plant, designed to meet the 460 MW FDRE requirement, integrates solar, wind, and battery storage technologies to ensure efficient energy […] Read more
News In Brief On May 2 – Sunsource, GCLSI, Solar Consortium, South Africa Solar Updated On Thu, May 2nd, 2024 by Saurenergy SunSource Energy commissions a Solar Power Project for CtrlS, Asia’s Largest Rated 4 Hyperscale Data Center Operator SunSource Energy, a leading distributed solar energy company has commissioned a Solar power project for CtrlS, Asia’s largest rated 4 hyperscale Data Centre operator. Under the terms of the agreement, the Noida Data Center of CtrlS is receiving […] Read more
CERC Declines Relief To Adani Firm Over Delayed Karnataka Wind Project Updated On Thu, May 2nd, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest judgment declined to give relief to Adani Renewable Energy Seven Limited (ARSEL). The company had moved to the central commission seeking relief against any possible coercive action from the Solar Energy Corporation of India (SECI). The petitioner–ARSEL is a Special Purpose Vehicle (SPV) of its parent […] Read more
KPI Green Energy Receives New Order For 74.30 MW Solar Project Updated On Tue, Apr 30th, 2024 by Saurenergy Gujarat-based renewable energy company KPI Green Energy recently received a new order for a 74.30 MW solar power project under the captive power producer (CPP) segment. Within this allocation KPI Green has undertaken 27 MW capacity. It included a 20 MW capacity for the development of a solar power project forming part of the wind-solar hybrid […] Read more
April 30 News Briefs- Enfinity, JA Solar, Gstar, energyRE Updated On Tue, Apr 30th, 2024 by Saurenergy Enfinity Global Closes $195 Million Long-Term Financing for 70MW Solar Power Plant In Japan The recently completed solar power plant in Aomori Prefecture in northern Japan is expected to generate more than 75 GWh of clean energy annually, which is enough to meet 11% of the energy needs of the city of Aomori, i.e. about […] Read more
BluPine Energy Secures Financial Closure for 120 MW Solar Project Updated On Mon, Apr 29th, 2024 by Saurenergy BluPine Energy, a leading renewable energy services company established in India by global infrastructure investor Actis has announced the successful financial closure for its 120 MW Solar Project in Sadla, Gujarat under GUVNL 18. BluPine Energy has secured the debt financing for its project from HDFC Bank, India’s largest private sector bank. The total debt […] Read more
KPI Green Delivers Stellar Q4 and full year Results, 1.23 GW project Pipeline Updated On Fri, Apr 26th, 2024 by Saurenergy Surat-based Solar EPC firm KPI Green Energy has come out with a strong set of Q4 results. Total revenues came in at Rs 293 crores during the quarter, a 59% increase over the corresponding quarter in Fy23. Net profit rose Rs 43 crores, up 36% over the same quarter last year. For the full year, […] Read more
TotalEnergies Begins Construction of 12 MW Solar Project at New York’s JFK Airport Updated On Wed, Apr 24th, 2024 by Saurenergy TotalEnergies has begun construction of New York State’s largest onsite solar generating and storage system at John F. Kennedy (JFK) International Airport in partnership with the Port Authority of New York and New Jersey (PANYNJ) and the New York Power Authority (NYPA). To be erected as a canopy in one of JFK’s long-term parking lots, […] Read more