DERC Allows SCOD Extension To Tata Power For Hybrid Project Updated On Fri, Sep 6th, 2024 by Saurenergy In some relief for the developer, the Delhi Electricity Regulatory Commission (DERC) allowed Tata Power Renewable Energy an extension for its Karnataka hybrid project. The company is now developing a 510 MW of wind-solar hybrid project in the state. The order of state power regulator came to the fore after Tata Power Renewable Energy filed […] Read more
India Made Solar More Affordable, Says PM Modi Updated On Fri, Sep 6th, 2024 by Saurenergy Prime Minister Narendra Modi in his latest speech before the International Solar Alliance said that with more government hand holding support and schemes, the solar energy became more affordable in India. He joined the ongoing session online and addressed the gathering. “India’s growth in the solar sector is the result of a clear approach. Whether […] Read more
India Can Export 8.6cr Electric Two Wheelers By 2047: RMI Updated On Thu, Sep 5th, 2024 by Saurenergy In its recent report, RMI highlighted that in 2023, over 15 lakh electric vehicles (EVs) were registered in India. To achieve energy independence it advocated for India to adopt 100% clean fuel vehicle sales in all vehicle segments by 2043. RMI recently released its report, “India at 2047: A Vision for Energy Independence in the […] Read more
PM KUSUM: UPNEDA Issues Bids To Solarise 10,000 Solar Pumps Updated On Mon, Sep 2nd, 2024 by Saurenergy Intending to solarize 10,000 grid-connected agriculture pumps under KUSUM Component C-1, the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) recently released a tender. The tender aims to supply, install, test, and commission distributed grid-connected solar PV systems with 5 years of comprehensive maintenance. UPNEDA has set 23rd September as the last date for […] Read more
DERC Proposes Rs 150cr Limit For New Intra State Power Projects Updated On Mon, Sep 2nd, 2024 by Saurenergy Delhi Electricity Regulatory Commission (DERC) in its latest notification has proposed a threshold limit to develop Intra-State Transmission Projects under its proposed Draft Tariff Based Competitive Bidding) Regulations, 2024. The draft laid down certain criteria for setting the threshold limit. For instance, the notification stated, “The threshold limit of above Rs. 150 crores excluding land […] Read more
L&T Carves Out Renewable Energy Vertical In Its Infrastructure Segment Updated On Mon, Sep 2nd, 2024 by Saurenergy Effective from 1st September 2024, Larsen & Toubro (L&T) carved out a separate business vertical for renewable EPC out of its Power Transmission and Distribution (PT&D) business, within its Infrastructure Projects segment. L&T has created the Renewable EPC business, as an addition to its construction verticals. The move comes at a time when the division […] Read more
Solar Generation In India Improved In FY24: Fitch Ratings Updated On Mon, Sep 2nd, 2024 by Saurenergy In the financial year ending March 2024 (FY24), India saw improved power generation performance. However, overall power generation was slightly below the one-year P90 forecasts, Fitch Ratings reports. Fitch Ratings, a credit rating organization headquartered in both New York and London, observed an increase in generation at the portfolio level. The company reported a 4% […] Read more
5 Indian Solar Firms With Plans To ‘Make In USA’ Updated On Mon, Sep 2nd, 2024 by Saurenergy Solar, Supply Chain And Scaling Manufacturing: Indian Firms Pivot To The USA The Solar Energy Manufacturers for America Coalition (SEMA) released a report this year revealing that Chinese-headquartered companies now produce 99% of the world’s solar wafers and over 80% of the world’s polysilicon. These two components alone account for more than half the value […] Read more
NTPC Issues 1.2 GW Hybrid Tender With 600 MW Greenshoe Option Updated On Fri, Aug 30th, 2024 by Saurenergy NTPC has released a tender to select hybrid power generators for the supply of 1.2 GW of power from inter-state (ISTS)-connected wind-solar hybrid power projects anywhere in India. This project has a greenshoe option for an additional capacity of up to 600 MW on a Build-Own-Operate (BOO) basis with 20th of September set as the […] Read more
