LGIM, NTR Raise €390 Million for Renewables Expansion in Europe Updated On Thu, Apr 20th, 2023 by Saurenergy UK-based asset manager Legal & General Investment Management (LGIM) and renewable energy player NTR have raised EUR 390 million in committed capital and co-investment opportunity in the first close of the L&G NTR Clean Power Fund. This Fund would invest in clean power infrastructure assets across wind, solar and energy storage. The Fund is designed […] Read more
National Institute of Wind Energy Signs MoU With NCMRWF For Forecast Application Updated On Wed, Apr 19th, 2023 by Saurenergy The National Institute of Wind Energy (NIWE) has now signed a Memorandum of Understanding (MoU) with the National Centre for Medium-Range Weather Forecasting (NCMRWF) for the use and development of a model forecast application. The application–‘NWP (Numerical Weather Prediction) Model Forecast’ can be used in wind and solar power forecasting. Dinesh Jagdale, Joint Secretary from […] Read more
Climate Trends Report Identifies Challenges For Renewable Energy In Jharkhand Updated On Tue, Apr 18th, 2023 by Saurenergy A recent report by Climate Trends and Ernst and Young LLP released on Tuesday hinted at numerous bottlenecks that the renewable energy sector in Jharkhand is grappling with. It comes when the state has already started planning the energy transition from a coal-dominated region to a less carbon economy. The report said that secondary data hinted that […] Read more
MERC Allows TPSL To Supply Wind Energy From Its Hybrid Plant As A ‘Short-Term Measure’ Updated On Thu, Apr 13th, 2023 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC), in its latest order, allowed TP Saurya Limited (TPSL) to partially supply only wind power from its 300 Megawatt (MW) hybrid Power plants under a separate short-term power supply agreement. The development came when the renewable energy developer petitioned to seek its approval. It had earlier signed a PPA […] Read more
In Bangladesh, Rickshaw VPPs Are The Latest Energy Innovation Updated On Thu, Apr 13th, 2023 by Saurenergy Electric three wheelervehicles have become one of the crucial engines for the surge of EVs worldwide, especially in Asian markets, such as India, China, and Bangladesh. For instance, Bangladesh today has more EVs on the road than Tesla has sold globally to date, as per a white paper named “The Rickshaw VPP” by a climate-tech […] Read more
Six Indian States Produced Solar, Wind Energy More Than The Global Average, Says Ember Study Updated On Wed, Apr 12th, 2023 by Saurenergy A recent study report released by Ember, an energy think tank, claimed that wind and solar energy globally reached 12 percent of the world’s electricity share in 2022, from 10 percent in 2021. In India, the joint contribution of wind and solar energy touched nine percent in 2022, with 165 TWh of total clean energy. The report […] Read more
Vedanta, SRIPL Collaborate for 105 MW Renewable Power for Chhattisgarh Smelter Updated On Wed, Apr 5th, 2023 by Saurenergy Vedanta owned Bharat Aluminium Company Ltd. (BALCO) has said that it has signed an agreement with Serentica Renewables India Private Ltd (SRIPL) whereby the two firms will establish a special purpose vehicle (SPV) to source hybrid renewable energy for the aluminium operations in Chhattisgarh. Vedanta revealed in a regulatory filing “BALCO has entered into a […] Read more
EDF Renewables to Develop 425 MW Solar Power in Indiana Updated On Wed, Apr 5th, 2023 by Saurenergy EDF Renewables North America has announced that it has signed two agreements with Indiana Michigan Power (I&M), a subsidiary of American Electric Power (AEP), delivering and helping I&M to add 425 MWac (554 MWdc) of solar energy to its clean energy mix. EDF Renewables held that in the scheme of things, I&M will purchase the […] Read more
Australian Renewable Energy Agency Invites EOI For Grid-Connected Community Batteries Updated On Tue, Apr 4th, 2023 by Saurenergy Last year, Australia’s government made an announcement about the $200 million in grant funding for the Community Batteries for Household Solar Program. The initiative is aimed at delivering community batteries to lower electricity bills and emissions while also aiding storage of excess solar energy, and curbing grid pressure. Now, a new round of grant funding […] Read more
