Saur Energy International
27th December 2023
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RENEWABLES NEWS

Hinduja Renewables & SJVN Among Winners in GUVNL’s 500 MW Solar Tender

SJVN has secured a 100 MW solar power project through e-reverse auction conducted by Gujarat Urja Vikas Nigam Limited (GUVNL). The firm bagged the quoted capacity of 100 MW solar project at the tariff of ₹2.63/unit on Build Own and Operate basis through a tariff...

ib solar

Powergrid Acquires Two SPVs for Evacuation Of Green Power From Rajasthan

Power Grid Corporation of India Limited (Powergrid) – a Maharatna CPSU under the Ministry of Power has recently acquired two Project Special Purpose Vehicles (SPVs) namely- Ramgarh II Transmission Limited and Beawar Dausa Transmission Limited for the Transmission System Projects. They will be used for...

43 Pumped Hydro Storage Projects With 55 GW Capacity Under Survey: Govt

Union Power Minister R.K Singh in a written reply before the Parliament stated that a total of 43 Pumped Hydro Storage Projects (PSPs) are under survey and investigation in the country.  He mentioned that these projects have an aggregate installed capacity of 55,085 MW. The...

Novasysgreen

Promoters To Invest Rs 9,350 Crore Equity In Adani Green

Adani Green Energy Ltd (AGEL) announced that the Board of Directors of the firm have approved a preferential issuance of warrants to the Promoters of AGEL for a quantum of Rs 9,350 crore (equivalent to USD 1,125 million) at a per share price of Rs...

Current Issue

2023 Proved Brightest For Wind Power Generation In India: Govt

Union Minister R.K Singh in a written reply before the parliament shared data on the contribution of wind energy in the total energy mix in the last three years. The data revealed an incremental growth in the wind generation capacity to the overall renewable energy....

JSW Energy Initiates Commissioning of SECI-IX Wind Project of 810 MW

JSW Renew Energy Limited, a subsidiary, of JSW Energy Limited has started phase-wise commissioning of the 810 MW ISTS-connected wind power project. This project was awarded under SECI tranche IX in Tamil Nadu with commissioning of the first phase of 51 MW. The project has...

The Success Story of Solar Lighting in Rural Landscapes

By Shashank Donthi, CEO of Hynetic Electronics Solar lighting in rural landscapes have gained popularity and extensive deployment in India due to their eco-friendly nature and cost-effectiveness. These lights harness solar energy during the day using photovoltaic panels and store it in batteries for illumination...

Offshore Wind Projects Will Need Nod From 6 Ministries, Say Govt Rules

The Ministry of External Affairs has notified the new rules to regulate the leasing mechanism for offshore wind projects in India. The new rules are called Offshore Wind Energy Lease Rules, 2023. The new rules of the ministry said that no person or entity should...

Ostro Energy Eligible For Compensation Due To Change In GST Rates: CERC

The Central Electricity Regulatory Commission (CERC) in its latest judgement awarded compensation to Ostro Energy Private Limited, a renewable energy company. The compensation was awarded to it on account of surge in Goods and Services Tax (GST) after submitting its bid for a government project. ...

JinkoSolar Becomes The First PV Firm To Get SBTi Validated Net-Zero Targets

Global solar module manufacturer JinkoSolar has now become the first solar PV firm globally to get its net-zero targets validated with SBTi (Science Based Targets initiative). SBTi is a global body enabling businesses to set ambitious emissions reductions targets in line with the latest climate...

Vestas Nets 1.38 GW Norfolk Vanguard West Offshore Wind Project

Vattenfall, the Swedish renewable energy company, has chosen Vestas, the Danish wind turbine manufacturer, as the preferred supplier for the Norfolk Vanguard West project in UK, which boasts a capacity of 1.38 gigawatts (GW). As part of the preferred supplier agreement for the Norfolk Vanguard...

Revfin Secures $14 Million in Series B Funding Round Led by Omidyar Network

Digital lending platform Revfin announced the successful conclusion of its Series B funding round, securing $14 million (115 crore). Omidyar Network spearheaded the round with a $5 million investment, joined by the Asian Development Bank (ADB), Companion Capital Limited, and existing investors Green Frontiers Capital...

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