Author: Saur News Bureau

JDVVNL Floats Tender for 163 MW Solar Projects

Jodhpur Vidyut Vitran Nogam Limited has issued three tenders for the installation and commissioning of 65 grid connected solar projects with a cumulative capacity of 163.52 MW. These are for various subdivisions of Sri Ganganagar Circle under Component-C of PM-KUSUM program. The projects are to be developed under RESCO model for 20.16 MW, 64.26 MW […]

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Govt Launches Resource Efficiency Circular Economy Industry Coalition

A Resource Efficiency Circular Economy Industry Coalition (RECEIC) was recently launched on the sidelines of the 4th G20 Environment and Climate Sustainability Working Group (ECSWG). At a meeting held in Chennai on July 27, Union Minister Bhupender Yadav stated that the RECEIC would act as an overarching platform. It would enable industries to address information, […]

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Rays Power Infra Signs 283 MWp Solar EPC Deal with Serentica Renewables

Rays Power Infra, a solar EPC firm with a commissioned portfolio of 1.30 GWp, has signed an engineering, procurement, and construction (EPC) term sheet with Serentica Renewables, an end-to-end energy solutions firm focusing on industrial decarbonization. Based on the agreement between the two companies, Rays Power Infra shall be responsible for the engineering, procurement, and […]

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Specify Wind Project Timelines & Penalties In Tenders: MoP Norms

The Ministry of Power (MoP) notified its new guidelines for a tariff-based competitive bidding process for power procurement from grid-connected wind power projects. The motive was to bring uniformity in the bidding process and clarity to the power producers and procurers. These norms apply to intra-state wind power projects with more than 10 MW of […]

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80% Of India’s Solar Projects Planned In Only 5 States

The latest data from the Ministry of New and Renewable Energy (MNRE) claimed that around 80 percent of the ongoing mega solar projects are confined to only five renewable-rich states of the country. Moreover, around ten states do not have any ongoing solar projects in hand. MNRE Minister RK Singh shared the latest data before […]

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First Solar Secures 2.1 GW Order from Matrix for Advanced Thin Film Modules

First Solar, Inc. and Matrix Renewables have announced a significant collaboration in the renewable energy sector. Matrix, the TPG Rise-backed global renewable energy platform, has entered into a framework agreement to procure approximately 2.1 gigawatts (GWDC) of advanced thin film modules from First Solar. These modules are scheduled to be delivered between 2024 and 2027, […]

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IEX Reports 8% Rise In Net Profit In Q1 On YoY

The Indian Energy Exchange (IEX) has announced its financial results for Q1 of FY 24. The overall picture of the report revealed that while the leading Indian energy exchange firm witnessed a rise in its income and net profit on a year-on-year basis, its income and net profit plunged on Quarter-on-Quarter (QoQ) basis.  The unaudited […]

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