Rays Power Infra Signs 283 MWp Solar EPC Deal with Serentica Renewables Updated On Fri, Jul 28th, 2023 by Saurenergy 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 […] Read more
Specify Wind Project Timelines & Penalties In Tenders: MoP Norms Updated On Fri, Jul 28th, 2023 by Saurenergy 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 […] Read more
80% Of India’s Solar Projects Planned In Only 5 States Updated On Fri, Jul 28th, 2023 by Saurenergy 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 […] Read more
First Solar Secures 2.1 GW Order from Matrix for Advanced Thin Film Modules Updated On Fri, Jul 28th, 2023 by Saurenergy 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, […] Read more
IEX Reports 8% Rise In Net Profit In Q1 On YoY Updated On Fri, Jul 28th, 2023 by Saurenergy 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 […] Read more
Servotech Sets up Subsidiary for EV Charging Components Manufacturing Updated On Fri, Jul 28th, 2023 by Saurenergy EV charger maker Servotech Power Systems has announced that it will be setting up a wholly-owned subsidiary, which will engage in the manufacture of EV charging components, manufacturing and trading of batteries. The subsidiary will be named Techbec Green Energy Private Limited. The new firm will be established in Sonipat on an area of 40,000 […] Read more
Tripura Chalks Out ‘Tripura Energy Vision 2030 Roadmap’ Updated On Fri, Jul 28th, 2023 by Saurenergy The Power Minister of Tripura, Ratan Lal Nath, has revealed that the state government has worked out at a plan that sets sights on generating close to 500 MW of power via solar energy. The goal is to be achieved by 2030. He further added that Germany’s Deutsche Gesellschaft Fur international Zusammenarbeit (GIZ) executed a […] Read more
MNRE Allows Two Solar Module Makers To Enlist New Models Under ALMM Updated On Thu, Jul 27th, 2023 by Saurenergy Read more
Chhattisgarh Offers Sops For Grid-Connected Solar DRE Units Updated On Thu, Jul 27th, 2023 by Saurenergy The Chhattisgarh State Electricity Regulatory Commission (CSERC) has come out with a new draft regulation to boost the uptake of grid-connected distributed renewable energy (DRE) units in the state. The Commission has now proposed a second amendment to its Gid-Connected DRE Regulations. These rules will be applicable from September 1, 2023. The draft CSERC (Grid […] Read more
