SECI Invites Bids To Select Developers For 400 MW Hybrid Projects Updated On Mon, Jul 1st, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has now invited proposals for setting up Inter-State Transmission System (ISTS)-connected hybrid power projects in India, on a build-own-operate (BOO) model for an aggregate capacity of 400 MW. The tender invited bids for the inter-state transmission system (ISTS-connected) wind-solar hybrid power projects in India under SECI-Tranche-IX. The last […] Read more
JSW Energy, SJVN Sign PPA For 700 MW Project In Rajasthan Updated On Mon, Jul 1st, 2024 by Saurenergy JSW Renew Energy (Raj) Limited, a wholly-owned step-down subsidiary of JSW Energy Limited, signed a Power Purchase Agreement (PPA) with SJVN Limited for an ISTS-connected solar capacity of 700 MW. The total locked-in capacity of JSW Renew Energy stands at 13.9 GW. The PPA is signed for the supply of power for 25 years with […] Read more
June 28: Solar EPCs Back In Limelight With Stellar Day At The Exchanges Updated On Fri, Jun 28th, 2024 by Saurenergy In the stock market today, after a short gap, Waaree Renewables and KPI Green Energy stocks rose once again to hit their upper circuits at 5%. Shakti pimps, the new favourite of punters for the month also rose 5%. The move comes after a period of consolidation, and some news flow, particularly on KPI Green, […] Read more
NHPC, GUVNL Sign PPA For 200 MW Solar Power Project At Khavda Updated On Fri, Jun 28th, 2024 by Saurenergy National Hydroelectric Power Corporation (NHPC), a power generation company recently signed a Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam Limited (GUVNL). This PPA was signed for a 200 MW capacity solar power project within Gujarat State Electricity Corporation Limited (GSECL) ‘s renewable energy (RE) park at Khavda (GSECL Stage-3). This project has an […] Read more
MEDA Invites EoI To Build 10 MW Rooftop PV System On Gov Buildings Updated On Fri, Jun 28th, 2024 by Saurenergy Maharashtra Energy Development Agency (MEDA) a state nodal agency under the Ministry of New and Renewable Energy (MNRE) recently released a tender inviting to set up 10 MW grid-connected rooftop solar PV systems. This project falls under RESCO mode on government sector buildings terraces. MEDA in its tender invited bids to discover tariffs for rooftop […] Read more
Govt. Clarifies Fiscal Benefits For Solar Installations In SEZs, Empowers Developers Updated On Fri, Jun 28th, 2024 by Saurenergy The Export Promotion Council for Export-Oriented Units (EoUs) and Special Economic Zones (SEZs), functioning under the Commerce Ministry, has provided clarifications to developers seeking to procure or import solar panels with fiscal benefits. The Ministry notified SEZ developers that they can establish non-conventional power plants as part of the infrastructure, eligible for fiscal benefits during […] Read more
DERC Issues Peer-to-Peer Energy Transaction Guidelines 2024 Updated On Fri, Jun 28th, 2024 by Saurenergy The Delhi Electricity Regulatory Commission (DERC) recently released Peer-to-Peer Energy Transaction Guidelines 2024. These guidelines aim to foster the use of renewable energy and provide additional income opportunities for prosumers. By leveraging innovative technologies and ensuring consumer savings, DERC has sought to enable prosumers and eligible consumers to securely and reliably buy and sell electricity […] Read more
Stock June 27: Shakti Pumps Powers On, Charge for JSW Energy From New PPAs Updated On Thu, Jun 27th, 2024 by Saurenergy New order flows, and optimism around more support for renewable players in the upcoming budget ensured that most green stocks were in the green today. JSW Energy benefited from announcement of more PPAs, while Shakti Pumps kept up with the strong momentum behind it for being the largest player in the solar pumps business. Solar EPCs […] Read more
Govt VGF Scheme Can Support 36% Of Offshore Project Cost, Says CRISIL Updated On Thu, Jun 27th, 2024 by Saurenergy The Union Cabinet approval of the viability gap funding (VGF) scheme, with a total allocation of Rs 7,453 crore, is a boost for the offshore wind energy segment. It could trigger investments into a space developers have shied away from due to high cost, operational challenges, and offtake-related risks, according to CRISIL. This is a […] Read more