World Is On Track To Add 593 GW Solar Power By 2024: EMBER Updated On Thu, Sep 19th, 2024 by Saurenergy The world this year saw a strong increase in solar energy installation which is now estimated to install 593 GW of solar panels by the end of this year i.e., in 2024, according to the latest report by EMBER. A recent report by the research organization found that at the current rate of installation, solar […] Read more
Govt Releases Revised Guidelines For EV Charging Stations Updated On Thu, Sep 19th, 2024 by Saurenergy The Ministry of Power has now issued a revised guidelines for setting up electric vehicle (EV) charging stations at private, public and restricted areas. The fresh norms talked about a ceiling in the tariffs of EV charging stations, maximum service charges from consumers during solar and non-solar hours. The new rules also touched upon the […] Read more
IREDA To Raise Rs 4,500 Crore Via QIP Updated On Wed, Sep 18th, 2024 by Saurenergy IREDA (Indian Renewable Energy Development Agency), recently received approval to raise Rs 4,500 Crore Fundraise Via qualified institutional placement (QIP). The public limited government company in principle received approval from the Board of Directors of IREDA to raise funds in one or more tranches. The Department of Investment and Public Asset Management (DIPAM), conveyed the […] Read more
Assam Issues Draft Net Metering Guidelines For Solar Projects Updated On Wed, Sep 18th, 2024 by Saurenergy The Assam Electricity Regulatory Commission (AERC) has released a draft notification, outlining the guidelines for group net metering and virtual net metering for renewable energy. The northeastern state, in its guidelines, stated, “The distribution licensees will be required to facilitate and bear the capital expenditure for Service Line cum Development (SLD). This aims to facilitate […] Read more
IGREL, Inox Wind Set To Build 550 MW Wind Project Across Three States Updated On Wed, Sep 18th, 2024 by Saurenergy Inox Wind Limited (IWL) announced receiving a Letter of Intent (LoI) from IGREL Renewables Ltd (IGREL) to execute 550 MW of wind capacity on a turnkey basis. The project will be executed over the next 24 months across multiple sites in Gujarat, Rajasthan, and Madhya Pradesh. The 550 MW LoI exceeds the firm order of […] Read more
Germany To Aid In India’s 500 GW RE Capacity Plan Updated On Wed, Sep 18th, 2024 by Saurenergy The German Economic Cooperation and Development Minister, Svenja Schulze has announced that Germany will invest in the renewable energy sector in India. She stated at the Re-Invest 2024 event held in the city of Gandhinagar. Schulze said Germany has a technological lead in renewables, adding it’s will to prop up India to achieve the ambitious […] Read more
H1: Global Wind Turbine Orders Hit 91.2 GW, India Orders Rise 69% YoY Updated On Tue, Sep 17th, 2024 by Saurenergy Globally, the wind turbine order intake reached a new high in H1, with the addition of 91.2 GW. This is a 23 percent increase year-over-year (YOY). According to a new analysis from Wood Mackenzie, this took the global investment by developers in H1 to US$ 42 billion, a 3% increase YOY. Whereas, the developers in […] Read more
A&N: SECI Floats Tender For 30 MW Project Under RESCO Mode Updated On Mon, Sep 16th, 2024 by Saurenergy In an effort to provide solar power to the Union Territory (UT) of Andaman and Nicobar Islands (EDA&N), the Electricity Department and SECI have issued a tender. SECI requested bids from solar power developers to establish 30 MW grid-connected rooftop solar PV projects in the Union Territory. This project will be executed under the RESCO […] Read more
SECI Seeks Offshore Wind Developers For 500 MW Gujarat Project Updated On Mon, Sep 16th, 2024 by Saurenergy Solar Energy Corporation of India Limited (SECI), a ‘Navratna’, recently released a tender to select wind power developers to set up 500 MW ISTS-connected offshore wind power projects in India (Tranche-I). The tender set the bid submission end date (Soft Copy) as 10-12-2024 and the bid submission end date (Hard Copy) is 12-12-2024 The tender […] Read more
