NHPC Approves Rs 797 Cr For 1.2 GW Uttar Pradesh’s Solar Park Project Updated On Fri, Apr 25th, 2025 by Saurenergy NHPC’s Board of Directors has approved the development of a 1,200 MW solar park in Uttar Pradesh’s Jalaun district, the company said in an exchange filing. It said the project will involve an estimated investment of Rs 796.96 crore, including interest during construction (IDC) of Rs 42.69 crore. The company will invest Rs 239.09 crore […] Read more
Tata Power Ties Up With Tata Motors For 131 MW Wind-Solar Hybrid Project Updated On Tue, Apr 22nd, 2025 by Saurenergy Tata Power Renewable Energy Ltd (TPREL), the clean energy subsidiary of Tata Power, has signed a power purchase agreement with Tata Motors to co-develop a 131 MW wind-solar hybrid project. The initiative will supply green electricity exclusively to Tata Motors’ six manufacturing plants in Maharashtra and Gujarat, the companies said Monday. Expected to generate around […] Read more
GUVNL Awards 500MW/1000MWh BESS Projects At 2.80 Lac/MW/Month Updated On Mon, Apr 21st, 2025 by Saurenergy Gujarat Urja Vikas Nigam Ltd (GUVNL) has awarded its latest 500MW/1000MWh Battery Energy Storage System (BESS) projects to Solarworld Energy Solutions Limited and HG Infra Engineering Ltd at tariffs ranging from ₹2.80 lakh to ₹2.85 lakh per MWh per month. The newly discovered tariffs are about 25% lower than the previously discovered L1 rate of […] Read more
New Senate Bill To Hurt Solar Growth In Texas Updated On Mon, Apr 21st, 2025 by Saurenergy The Texas Senate recently passed Senate Bill 819 with a 22-9 vote, a move the Solar Energy Industries Association (SEIA) says could severely restrict new clean energy projects and jeopardize the state’s ability to meet growing energy demands. The bill allegedly introduces burdensome regulations specifically targeting new solar projects—regulations not applied to other energy sources, […] Read more
European RE PPA Market Adds 19 GW New Capacity In 2024 Updated On Thu, Apr 17th, 2025 by Saurenergy The European renewable energy Power Purchase Agreement (PPA) market saw a strong recovery in 2024, with nearly 19 gigawatts (GW) of new capacity contracted, according to Wood Mackenzie’s latest Europe Renewables PPA Tracker report. The report highlights a surge in PPA activity, with Spain and Germany leading the market, accounting for 30% of total capacity. […] Read more
BrightNight, Hero Future Energies Inks PPA With NTPC For FDRE Project Updated On Wed, Apr 16th, 2025 by Saurenergy BrightNight has signed a power purchase agreement (PPA) with state-run NTPC to supply 110 MWac of firm and dispatchable renewable energy (FDRE) over 25 years. The company said, “The energy will be delivered from a 350 MWp solar-wind hybrid project integrated with a 100 MWh battery energy storage system in Rajasthan, and connected via the […] Read more
Advait Energy Bags PGVCL’s Power Supply Contracts In Gujarat Updated On Wed, Apr 16th, 2025 by Saurenergy Advait Energy Transitions Ltd (formerly Advait Infratech Ltd) has secured contracts from Paschim Gujarat Vij Company Ltd (PGVCL) for two power supply projects under its System Improvement Scheme, the company said. The company emerged as the lowest bidder (L1) for the projects, which involved the supply, installation, testing, and commissioning of 11 kV medium-voltage covered […] Read more
BC Jindal Forays Into RE Component Manufacturing With ₹4,000 Cr Investment Updated On Tue, Apr 15th, 2025 by Saurenergy BC Jindal Group has announced its entry into component manufacturing for renewable energy power generation. In the first phase of the project, the group aims to deploy an investment of Rs 4,000 crore to kickstart its renewable energy component manufacturing venture. This phase will include setting up 2 GW of solar cell manufacturing/ solar module […] Read more
Serentica, NTPC Sign PPA To Supply 200 MW FDRE To UP DISCOMs Updated On Tue, Apr 15th, 2025 by Saurenergy Serentica Renewables has signed a power purchase agreement with state-run NTPC Ltd to supply 200 MW of firm and dispatchable renewable energy (FDRE) to Uttar Pradesh’s distribution companies (DISCOMS). The project will combine solar, wind, and battery storage assets across multiple states to deliver on-demand renewable power, particularly during the state’s morning and evening peak […] Read more
