MoP Proposes New Guidelines to Facilitate Pumped Storage Hydro Projects Updated On Mon, Feb 20th, 2023 by Saurenergy In a bid to give an impetus to India’s pumped storage hydro power projects, the Ministry of Power has come up with a proposal that seeks to provide multiple incentives entailing tax breaks. It has also set sights on facilitating the process of environment clearance by making it easier. Land may also be made cheaper. […] Read more
Malaysia’s Gentari Marks Entry into Australia With Acquisition of Wirsol Energy Updated On Fri, Feb 17th, 2023 by Saurenergy Malaysian clean energy company Gentari has concluded the acquisition of Wirsol Energy and its assets from the Australia-based Wircon Group. Wirsol owns as well as operates projects in renewable energy and storage projects across New South Wales, Victoria and Queensland. The acquisition marks Gentari’s entry into Australia’s renewable energy market. Wirsol Energy’s portfolio entails 422 […] Read more
CERC Grants Extension of Time for Drawal of Start-Up Power to NTPC Updated On Mon, Feb 13th, 2023 by Saurenergy The CERC has given its green signal to a petition filed by NTPC seeking permission to allow drawal of start-up power for Unit-I (800 MW) of Telangana Ph-I (2X800 MW) from the grid beyond the period of fifteen months (after 15.2.2023). NTPC shared that the Telangana (steam-based thermal power station) STPS consists of two units […] Read more
D-REC Seeks To Build a Viable Market Mechanism For Distributed Renewable Energy, Rural Electrification Updated On Fri, Feb 10th, 2023 by Saurenergy D-REC, a Switzerland based not-for-profit initiative to deliver internationally recognised guarantees of origin for distributed renewable energy, has announced its results for 2022, with over 300,000 MWh secured in annual and multi-year deals across a diverse range of global corporations. The D-REC can be incorporated as a complementary tool in a corporate renewable energy purchasing […] Read more
India Energy Week: Important Announcements, Intriguing Innovations Updated On Wed, Feb 8th, 2023 by Saurenergy On the platform of the ongoing Indian Energy Week, held at Karnataka, several key announcements have been made and intriguing innovations have been unveiled. Here is a recap of them- “Karnataka has highest number of EV; is highest RE manufacturer” Karnataka Chief Minister Bommai has said that Karnataka has 15,000 MW worth of in-stand renewable […] Read more
EU Awards €5.3 Million To REGACE Project For Agrivoltaics Solutions Updated On Wed, Feb 8th, 2023 by Saurenergy The European Union (EU) has awarded €5.3 million to the REGACE Consortium to develop and demonstrate an innovative agrivoltaics technology by using CO2 enrichment to increase electricity yields. The grant has been made through the Horizon Europe Research and Innovation Programme of EU. The REGACE Consortium is composed of 12 partners from five countries. The […] Read more
State Budget: Kerala to be Home to Hydrogen Train, EV Industrial Park Updated On Sun, Feb 5th, 2023 by Saurenergy Presented by Finance Minister of K.N. Balagopal, the Budget made significant announcements on renewable energy, Green Hydrogen and electric vehicles. The Budget sets sights on initiatives for the establishment of green hydrogen hubs in Kochi and Thiruvananthapuram. The timeline for the achievement of these is over the next two years. An outlay of Rs 200 […] Read more
Tata Power Q3 Results, TN Cell and Module Plant To Start By End Of 2023 Updated On Sun, Feb 5th, 2023 by Saurenergy Tata Power announced its Q3 Fy23 results on Friday, reporting consolidated net profits almost double of the numbers in the corresponding quarter of previous year. At Rs 1,052.14 crore in the quarter ended December 2022, the profit growth was aided by higher power generation and distribution sales, as well as improved realisation per unit. Strong Growth […] Read more
Trina Storage To Deliver More Than 100MWh BESS In United Kingdom Updated On Fri, Feb 3rd, 2023 by Saurenergy The Germany based subsidiary of Trina Storage has announced the contract closure for another two Battery Energy Storage System (BESS) projects in the United Kingdom shortly after the signing of the 50MW/102 MWh Swangate project last month. These two new deals – 25MW/58MWh and 50MW/58MWh – will also be utilizing Elementa which is vertically integrated […] Read more
