JSW Energy Wins 125 MW/500 MWh BESS Tender From SECI At ₹441,000/MW/Month Updated On Thu, Feb 27th, 2025 by Saurenergy JSW Energy has recently secured a 125 MW/500 MWh standalone battery energy storage system (BESS) tender from the Solar Energy Corporation of India (SECI). JSW won the tender at ₹441,000/MW/month. SECI floated this tender in December 2024 and declared it within two months. As per the tender, SECI, after receiving interest from the Kerala State […] Read more
PM-KUSUM: Bhagyanagar Gets 53 MW Solar Project At ₹3.09/kWh Updated On Tue, Feb 25th, 2025 by Saurenergy Telangana-based Bhagyanagar India Limited has been awarded a Letter of Award (LOA) for a 53 MW solar pump project under the Mukhyamantri Saur Krushi Vahini Yojana 2.0. The company secured the project under feeder-level solarization under Component C of the PM-KUSUM Scheme. The company stated in a regulatory filing, “The company has received the project […] Read more
Adani Green Operationalize 67 MW Solar project At Khavda, Gujarat Updated On Tue, Feb 25th, 2025 by Saurenergy Adani Green Energy Twenty Six B Limited, a wholly owned step-down subsidiary of Adani Green, has operationalized a 67 MW solar power project at Khavda, Gujarat. The company said in a regulatory filing, “With the commissioning of this plant, AGEL’s total operational renewable generation capacity has increased to 11,983.1 MW.” Projects In Khavda On The […] Read more
MP 2025 Policy: Powering Non-RE States, Upgrading Substations Updated On Tue, Feb 25th, 2025 by Saurenergy Madhya Pradesh has set a policy target to invest ₹50,000 crore by 2027 in the renewable energy generation sector. For renewable energy equipment manufacturing, the state plans to invest ₹10,000 crore by 2027 and ₹4,000 crore by 2024. Moreover, the policy intends to incentivize repowering and technology upgrades of renewable energy projects. Additionally, Madhya Pradesh’s […] Read more
SECI, MP Govt To Build 200 MW Dhar Solar Project With 1000 MWh BESS Updated On Tue, Feb 25th, 2025 by Saurenergy Solar Energy Corporation of India Limited (SECI), a Navratna CPSU under the Ministry of New & Renewable Energy, signed a Memorandum of Understanding (MoU) with the Madhya Pradesh government for a 200 MW solar project in Dhar. This project is part of the CPSU Scheme and a 1,000 MWh Battery Energy Storage System (BESS) project […] Read more
2025: Solar, BESS To Account For 81% New US Capacity Addition Updated On Tue, Feb 25th, 2025 by Saurenergy The latest Preliminary Monthly Electric Generator Inventory report by the US Energy Information Administration (EIA) expects 63 GW of new utility-scale electric-generating capacity to be added to the US power grid in 2025. This amount represents an almost 30% increase from 2024, when 48.6 GW of capacity was installed, the largest capacity installation in a […] Read more
FDRE Projects Prone To Several Financial Risks, Says EMBER Updated On Tue, Feb 25th, 2025 by Saurenergy A new report from Ember maps various financial risks associated with renewable projects. Based on the assessment of these risks, the report estimates the premiums associated with them and the overall impact of the risks on the cost of capital. The report moves beyond traditional “thumb rules” for calculating risk premiums by adopting a data—and […] Read more
Gensol Unlocks Rs. 350 Cr Deal For Scorpius’ US Subsidiary Updated On Tue, Feb 25th, 2025 by Saurenergy Gensol Engineering Limited has signed a non-binding Term Sheet for a Rs. 350 crore transaction involving the sale of its US subsidiary, Scorpius Trackers Inc., to a Renewable Energy Solutions provider in the US. The deal includes transferring exclusive and global Intellectual Property (IP) rights (except India) for Scorpius Trackers’ solar tracking technology. Gensol had […] Read more
NVVN Issues 250 MW/1000 MWh BESS Tender With VGF Support Updated On Tue, Feb 25th, 2025 by Saurenergy NVVN, a wholly owned subsidiary of NTPC Limited, has issued a tender for a 250 MW/1000 MWh standalone Battery Energy Storage System (BESS) with Viability Gap Funding (VGF) support. The tender includes a greenshoe option for an additional capacity of up to 250 MW/1000 MWh. It has set March 24, 2025 NVVN has been nominated […] Read more
