Hinduja Renewables & SJVN Among Winners in GUVNL’s 500 MW Solar Tender Updated On Wed, Dec 27th, 2023 by Saurenergy SJVN has secured a 100 MW solar power project through e-reverse auction conducted by Gujarat Urja Vikas Nigam Limited (GUVNL). The firm bagged the quoted capacity of 100 MW solar project at the tariff of ₹2.63/unit on Build Own and Operate basis through a tariff based competitive bidding process of GUVNL. Hinduja Renewables has won […] Read more
France’s CRE PPE2 Tender Allocates 104.4 MW Solar Projects to Neoen Updated On Tue, Dec 26th, 2023 by Saurenergy Neoen, a French renewable energy producer, has initiated the construction of four solar projects totaling 104.4 MWp won in PPE2 tender. This move cements Neoen’s position among the top awardees in the recent call for tenders by the French Energy Regulation Commission (CRE), known as PPE2. Among the awarded projects, three incorporate an agrivoltaic approach, […] Read more
LG Energy Solution Vertech Secures 10 GWh ESS Project in US Updated On Fri, Dec 22nd, 2023 by Saurenergy LG Energy Solution Vertech has secured 10 gigawatt-hours (GWh) of grid-scale battery energy storage (ESS) projects in the United States for the upcoming year, capitalizing on the potential foreseen in the US ESS market. This 10 GWh initiative encompasses the development of 10 integrated battery energy storage systems. The collective impact of these installations will […] Read more
India Awards More Than 8GW Of Energy Storage Tenders: IEEFA Report Updated On Thu, Dec 21st, 2023 by Saurenergy Indian policymakers have recognised the importance of energy storage systems (ESS) to the country’s evolving power landscape and have already awarded more than 8 gigawatts (GW) of such tenders, allocating 60% of these in 2023 alone, according to a new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research […] Read more
European Union Invests €2 Billion In Clean Energy Infrastructure Projects Updated On Thu, Dec 21st, 2023 by Saurenergy The European Union (EU) recently disbursed modernization fund, of €2.17 billion to help the energy within nine Member States through 19 selected projects. These investments are set to help lower-income EU countries to meet their 2030 climate and energy targets. It will help to reduce greenhouse gas (GHG) emissions in energy, industry and transport, and […] Read more
BP Renewable Arm Lightsource bp Sells 1 GW Australian Portfolio To Chinese Firm Updated On Wed, Dec 20th, 2023 by Saurenergy Continuing its efforts to recycle its renewable asserts, Lightsource bp, the renewables focused arm oil and gas major bp with a heavy solar focus, has divested its 1GW solar portfolio in Australia to Beijing Energy International Australia, the local subsidiary of Chinese clean energy firm Beijing Energy. The portfolio consists of five projects, with three […] Read more
South Africa Announces Tender for 5 GW Renewable Capacity under BW7 Updated On Tue, Dec 19th, 2023 by Saurenergy The Department of Mineral Resources and Energy (DMRE) of South Africa has released a tender under the seventh bid window (BW7) under its Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). The tender seeks bids for the development of 5 GW of renewable capacity, entailing 3.2 GW of wind and 1.8 GW of solar capacity. […] Read more
First Floating Solar Project of Duke Energy Kicks Off in Florida Updated On Tue, Dec 19th, 2023 by Saurenergy The first floating solar project in Florida by clean energy firm Duke Energy is now operational and producing renewable energy. The floating solar project of close to 1 MW boasts over 1,800 solar panels floating atop two acres of water surface on a cooling pond at the Duke Energy Hines Energy Complex located in Bartow. […] Read more
RUVNL Initiates Proposal to Eliminate Restrictions of Structured RE Projects with ESS Updated On Fri, Dec 15th, 2023 by Saurenergy In a petition filed by the Rajasthan Urja Vikas Nigam Limited (RUVNL), it seeks approval for the selection of developers and procurement of bidding documents for an Inter-State Transmission System (ISTS) connected energy storage solution with a capacity of 1000 MW/6000 MWh. The proposal aspires to meet the requirements of Jaipur Vidyut Vitran Nigam Limited, […] Read more