Avaada Energy Secures Rs 597 Crore Refinancing for PV Projects Updated On Wed, Oct 16th, 2024 by Saurenergy Avaada Energy, a subsidiary of the Avaada Group, has secured Rs 597 crore ($71.1 million) in refinancing for its commercial and industrial (C&I) solar projects. These projects are located in Karnataka and Maharashtra. The refinancing was provided by NIIF Infrastructure Finance Limited (NIIF IFL), an infrastructure debt fund focused on refinancing operational infrastructure projects. Avaada’s […] Read more
Rayzon Solar Secures 216 MW PV Module Supply Orders From L&T Updated On Wed, Oct 16th, 2024 by Saurenergy Rayzon Solar announced that the company has won a contract to supply 216 MW of photovoltaic modules to L&T for three solar projects in India. One of the renowned multinationals providing EPC solutions in India, L&T will operate the solar projects out of three states. The solar projects operating out of the state of Jharkhand, […] Read more
MNRE Clarifies On ALMM Applicability On Open Access Projects Updated On Tue, Oct 15th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now issued a clarification on the Approved Models and Manufacturers of Solar Photovoltaic Modules (Requirements for Compulsory Registration) Order, 2019″-commonly known as ALMM Order-on 2nd January 2019. It contains the standards for eligible solar PV models and manufacturers in India. According to the ALMM Order, a […] Read more
Record-Breaking 1.7 Million EVs Sold Globally In Sept: Report Updated On Tue, Oct 15th, 2024 by Saurenergy A record-breaking 1.7 million EVs were sold globally over the month of September, announced research-house Rho Motion, today. September overtook the previous record set in December 2023 by 150,000. The Chinese market beat their previous record set in August by 90,000 vehicles, to reach 1.1 million units sold in September 2024. Overall, 11.5 million EVs […] Read more
Oriano Clean Energy to Develop184 MWp Solar PV Projects Updated On Mon, Oct 14th, 2024 by Saurenergy Oriano Clean Energy has received a contract from Blueleaf Energy, a pan asian- renewable energy firm. Under the contract, the company is to develop solar PV projects of a total capacity of 184 MWp. The project is expected to be developed in Agar, Malwa, Madhya Pradesh. Adding the Blueleaf Energy’s Pachora Hybrid Power Project to […] Read more
Telangana Approves Additional Surcharge For Open Access Consumers Updated On Fri, Oct 11th, 2024 by Saurenergy The Telangana State Regulatory Commission (TGERC) has approved an additional surcharge of ₹1.09 (~$0.012) per kWh for open access consumers for the second half (2H) of the financial year 2024-25. This surcharge will apply to the amount of electricity scheduled through open access, except for consumers wheeling power from captive power projects. In September 2020, […] Read more
PGCIL Wins Interstate Transmission Project in Rajasthan Updated On Fri, Oct 11th, 2024 by Saurenergy Power Grid Corporation of India Limited (PGCIL) has now emerged as the successful bidder for a major Inter State Transmission Project in Rajasthan. The project will be under Tariff Based Competitive Bidding (TBCB) process with an objective to finalize the transmission system for evacuation of power from the Rajasthan Renewable Energy Zone (REZ) Phase-IV. This […] Read more
Juniper Green, ReNew, Zelestra and Hero Future Winners In SJVN 1.2GW FDRE Tender Updated On Thu, Oct 10th, 2024 by Saurenergy SJVN has closed the second tender for developer selection to provide 1.2 GW of firm and dispatchable power from renewable energy projects equipped with energy storage systems. The lowest tariff discovered in this tendering process stood at Rs 4.25 per kWh. Four developers have secured their project capacities by quoting the lowest tariff for the […] Read more
CMPDI Invites Bids for 5 MW Floating Solar Project in West Bengal Updated On Wed, Oct 9th, 2024 by Saurenergy Central Mine Planning & Design Institute (CMPDI), a unit of Coal India, has floated an e-tender for a 5 MW grid-connected floating solar power project. The project will be developed at the Quarry Sump of Dalmia Open Cast Project (OCP) in Salanpur Area of Eastern Coalfields, West Bengal. As per the tender, the developer is […] Read more
