Energy Modeling Platform PLEXOS Signs Up Tata Power In India Updated On Fri, Oct 6th, 2023 by Saurenergy Australia based Energy Exemplar, a developer of the PLEXOS modeling platform, has signed a one-year deal with Tata Power Ltd, India’s largest integrated power company, which will use the platform to optimize its power portfolio and undertake round-the-clock renewable energy modeling in a one-year deal. Formerly called Drayton Analytics, Energy Exemplar calls PLEXOS the mot […] Read more
Annual Global Investment in Energy Transition Tech Touched Record Level of US$ 1.1 Trillion in 2022 Updated On Wed, Oct 4th, 2023 by Saurenergy Deloitte’s recent report on India’s energy transition pathway, highlights three pillars of the energy transition pathway. The report mentions three important components in energy transition: grid decarbonisation, industrial decarbonisation, and transport transition. Investments in Energy Transition In 2022, annual global investment in energy transition technologies touched a record level of US$ 1.1 trillion, witnessing a 31 […] Read more
Canada’s Brookfield Asset Management Adds $845 Mn for JV with Axis Energy Updated On Fri, Sep 29th, 2023 by Saurenergy Canadian investor in renewable energy, Brookfield Asset Management has announced a second joint venture with Telangana-headquartered clean energy firm, Axis Energy Ventures. Brookfield Asset Management will invest worth $845 million in solar and wind energy projects of the Indian firm. The investment is being made from the Brookfield Global Transition Fund II to accelerate countrywide […] Read more
ONGC Signs MoU With NTPC Owned NGEL For Renewable Push Updated On Thu, Sep 28th, 2023 by Saurenergy NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC, and ONGC have signed an MoU on September 27 to realise the development of renewable energy and offshore wind power in line with India’s commitments on Energy Transition. The MoU was signed by Mohit Bhargava, CEO, NGEL and Deb Adhikari ED- JV and BD, ONGC […] Read more
Gujarat Releases Draft Renewable Energy Policy-2023 with Focus on Wind-Solar Hybrid Technologies Updated On Thu, Sep 21st, 2023 by Saurenergy The Government of Gujarat has notified the Renewable Energy Policy-2023 for further encouraging setting up of renewable generation projects based on wind, solar and wind-solar hybrid technologies. The policy will come into effect from the date of notification and shall remain in operation up to June 2028 or till notification of the new policy, whichever […] Read more
Tata Power Renewable Energy Ltd & Dugar Power Partner for Nepal’s Renewable Energy Updated On Thu, Sep 21st, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), a subsidiary of the Tata Power Company Limited and a leading renewable energy player in India, has signed an agreement with Dugar Power Private Limited (Dugar Power), a subsidiary of Dugar Group- a prominent business house in Nepal. The agreement is designed to cater to Nepal’s diverse energy requirements, […] Read more
Sungrow in 60MW/132MWh Energy Storage Partnership in Chile Updated On Tue, Sep 19th, 2023 by Saurenergy Inverter firm Sungrow has joined hands with Investment Fund WEG-4. Under the agreement, Sungrow will supply 60MW/132MWh of its liquid cooled energy storage system (ESS) solution, the PowerTitan to Chile. The project is established within Maria Elena Solar Park of 72.8 MW capacity in Antofagasta, Chile, which was commissioned in 2015. Following the operation of […] Read more
RPO Non-Compliance Penalty Should Be Higher: Prayas Energy Group Updated On Fri, Sep 15th, 2023 by Saurenergy Pune-based energy think tank Prayas Energy Group has urged the Maharashtra Electricity Regulatory Commission (MERC) to consider keeping the penalty for non-compliance of Renewable Purchase Obligation (RPO) higher. The think tank expressed its views in connection with the MERC draft (RPO, Its Compliance and Implementation of Renewable Energy Certificate Framework (First Amendment) Regulations 2023. RPO […] Read more
Avaada Group Inks Pact for Renewable Energy With Saudi Arabia Updated On Tue, Sep 12th, 2023 by Saurenergy Avaada Group has joined hands with Al Jomaih Energy and Water for the development of renewable energy in Saudi Arabia and a select few regions in the Middle East. “Avaada Energy (group) announces a strategic partnership with AEW to pioneer renewable power generation in the Kingdom of Saudi Arabia and selected Middle Eastern regions,” the […] Read more
