Solar Aided In Electrification of 4.1 L Households Under ‘Saubhagya’: Govt Updated On Mon, Aug 14th, 2023 by Saurenergy Union Minister for New and Renewable Energy RK Singh, in his recent reply before the Lok Sabha, said that around 1.64 percent (4.1 lakh) of the rural and urban household-level electrification works undertaken under the Saubhagya scheme was done with the help of solar energy. “As reported by the States/UTs, a total of 2.86 crore […] Read more
Maharashtra Plans To Use Solar For 50% of Its Agri Power Demand Updated On Mon, Aug 14th, 2023 by Saurenergy The Maharashtra government is now planning to use solar energy to cater to 50 percent of the power demand of its agricultural sector in the state. The Maharashtra State Electricity Distribution Company Ltd (MSEDCL), in its latest petition before the Maharashtra Electricity Regulatory Commission (MERC), disclosed this plan. MSEDCL has planned to procure 7,000 MW of solar […] Read more
CERC Grants Extra Time For Power Exchanges For Settlements Updated On Mon, Aug 14th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest order, extended the time period to one year for the power exchanges to carry out the Clearing and Settlement as per the Payment and Settlement Systems Act (PSSA), 2007. As per CERC (Power Market) Regulations 2021, these power exchanges that were granted registration by the Commission before […] Read more
Advanced Chemistry Battery Market Demand in India Expected to Grow to 220 GWh by 2030 Updated On Mon, Aug 14th, 2023 by Saurenergy The Confederation of Indian Industries (CII) has released a report entitled ‘Raw Materials for Battery & Component Manufacturing’. The report delves into the following aspects of the Indian battery and component manufacturing industry- The Speedbreakers to EV Industry Growth The report highlights the significant need for localisation of the EV ecosystem in India, as well […] Read more
SECI Issues RFS for 1300 MW Wind Power Projects Updated On Mon, Aug 14th, 2023 by Saurenergy SECI has issued an RfS for 1300 MW ISTS-connected Wind Power Projects (SECI-Tranche-XV). The tender has been issued under the standard bidding guidelines. The total capacity of 1300 MW will be awarded for injection at ISTS substations in the 3 (three) states, viz., Tamil Nadu, Telangana and Madhya Pradesh. The maximum capacities to be awarded […] Read more
India Added 2 GW Of Wind Energy In First 7 Months Of 2023 Updated On Mon, Aug 14th, 2023 by Saurenergy An analysis of India’s monthly installed capacity data for the last two years, released by the Central Electricity Authority (CEA), revealed that wind energy continues to see upward growth. Its growth is quite evident in the first seven months of 2023 compared to its performance during the same period in 2022. On the other hand, […] Read more
Contract Electronics Manufacturing Giant Foxconn Mulls Over EV Hub in India Updated On Mon, Aug 14th, 2023 by Saurenergy Taiwanese firm Foxconn Technology Group is looking to capture the Indian market. The firm has set sights on capturing 5 per cent of the worldwide sales by 2025 and aspires to deliver between 500,000 and 700,000 EVs by the said year. The firm is intent on opportunities to make the country its third global hug […] Read more
Inverter Major SOFAR Signs a 100MW Utility Deal With Velan Infra Updated On Mon, Aug 14th, 2023 by Saurenergy SOFAR, a global provider of all-scenario solar PV and energy storage solutions, has signed a 100MW contract of supplying SOFAR 255KTL-HV utility string inverters for solar plants in Tamil Nadu with Velan Infra. The commissioning of the entire 100MW project is expected to be completed by November 2023. According to the firm, the SOFAR 255KTL-HV […] Read more
Sterling and Wilson Renewable Adds 600 MW Order From GIPC Updated On Mon, Aug 14th, 2023 by Saurenergy Sterling and Wilson Renewable Energy Limited (SWRE), has announced that it has received a Letter of Intent (LoI) from Gujarat Industries Power Company Limited (GIPCL), for its proposed 600 MWac (equivalent to 750 MWdc) solar PV project at Khavda. The total bid value, including O&M for 3 years would be ~INR 1,130 crore (including taxes […] Read more
