PM Surya Ghar: Elections Defer Timely Disbursement Of Rooftop Solar Subsidies Updated On Mon, Apr 22nd, 2024 by Saurenergy The ongoing elections in the state country seem to have deferred the timely disbursement of central subsidies under the PM Surya Ghar scheme. Prime Minister Narendra Modi earlier this year announced PM Surya Ghar Muft Bijli Yojana with a target to reach out to 1 crore households. The revamped scheme, dedicated to the residential rooftop […] Read more
Swelect, Grew & Renew Win SECI Bid For DCR Solar Modules Updated On Mon, Apr 22nd, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has released the results of its tender where it sought domestic solar panels with domestically manufactured solar cells from Indian solar module manufacturers. SECI declared Swelect Energy Systems, Grew Energy and Renew Photovoltaics Pvt Ltd as winners for the bid. The SECI tender had asked for bids for […] Read more
Sterling & Wilson Marks Complete Turnaround In Q3 Fy24 With Profits Updated On Sun, Apr 21st, 2024 by Saurenergy Publicly listed renewable energy company Sterling & Wilson has released its financial results for the Fourth Quarter (Q4) and FY24. The annual and quarterly results were shared by the firm with the Bombay Stock Exchange (BSE) in its public disclosure. The company reported a net profit of Rs 1.40 crore in Q4 of FY24. The […] Read more
EESL Mart To Soon Sell Solar Modules, Tender Likely In One Month Updated On Thu, Apr 18th, 2024 by Saurenergy The Energy Efficiency Services Limited (EESL), a constituent body of the Ministry of Power is now all set to sell solar modules from Indian solar manufacturers to the consumers. The central government agency plans to sell these renewable energy products through its e-marketplace platform ‘EESL Mart’. The government agency is now undertaking stakeholder consultations to […] Read more
PM Surya Ghar: MNRE Proposes Rating Of Rooftop Solar Vendors Updated On Tue, Apr 16th, 2024 by Saurenergy The Ministry of New and Renewable (MNRE) today published the draft guidelines under the newly announced PM Surya Ghar Muft Bijli Yojana. The new draft norms proposed the concept of rating the vendors installing rooftop solar systems for the residential consumers. The ministry said that the vendors would be rated based on the feedback of […] Read more
Husk Power Secures $4 Million In Debt Financing From ElectriFI Updated On Mon, Apr 15th, 2024 by Saurenergy In a joint announcement today, Husk Power Systems and ElectriFI announced collaborating with each other to boost the growth of renewable energy in rural India. Husk Power is a decentralized solar-hybrid mini-grid solution provider. ElectriFI is an EU-funded impact investment facility managed by EDFI Management Company. The firms today confirmed Husk’s securing of an additional […] Read more
ALMM: India’s Enlisted Solar Module Manufacturing Capacity Touches 41.5 GW Updated On Wed, Apr 10th, 2024 by Saurenergy The latest updated Approved List of Models and Manufacturers (ALMM) list released by the Ministry of New and Renewable Energy (MNRE) reported a rise in domestic solar module manufacturing capacity. As per the latest ALMM list, released by the MNRE, the total enlisted solar module manufacturing capacity in India touched 41,463 MW. The latest list […] Read more
APTEL Raises Concern Over Unscheduled Power Drawal From Grid By RE Generators Updated On Wed, Apr 10th, 2024 by Saurenergy The Appellate Tribunal For Electricity (APTEL) in its latest judgment raised concerns over the unscheduled power drawal from the grid by renewable energy generators. It also took a dig at the authorities concerned over the dearth of legislation on the issue. The remarks appeared in the latest written order of the APTEL while hearing a […] Read more
India Creates New Record By Adding 18.5 GW Of Renewables In 2023-24 Updated On Wed, Apr 10th, 2024 by Saurenergy India created a new milestone in 2023-24 by adding one of the highest-ever additions of renewable energy in the country. The latest statistics shared by the Ministry of New and Renewable Energy (MNRE) revealed that during the last fiscal year, the country added a total of 18.5 GW of total renewable power, thanks to a […] Read more