PM-KUSUM Fund Allocation Rises, Maharashtra Sees Major Surge Updated On Mon, Feb 10th, 2025 by Saurenergy India witnessed an increase in funds allocated under the PM-KUSUM scheme until FY 2024-25 (as of 29.01.2025), reaching a cumulative ₹1,961.39 crore. Some of the major beneficiary states that saw a jump in allocation under the PM-KUSUM scheme during this period include Gujarat, which witnessed an increase from ₹28.72 crore in FY 2023-24 to ₹47.96 […] Read more
Amazon To Add Three New Wind Farm Projects Across India Updated On Thu, Feb 6th, 2025 by Saurenergy American multinational technology company, Amazon has invested in three new wind energy projects across India, further expanding its presence in India. The new projects include wind farms in Karnataka, Maharashtra, and Tamil Nadu. Its latest investment expands the company’s renewable energy portfolio in India which now comprises 53 solar and wind projects nationwide.The new wind farms […] Read more
Enfinity Global Gets 2 GW Connectivity For Solar, Wind Projects In India Updated On Tue, Jan 28th, 2025 by Saurenergy The US-based renewable energy and sustainability services company Enfinity Global, recently secured connectivity for 2 GW of utility-scale solar PV and wind projects. The company secured the project in Rajasthan, Uttar Pradesh, Maharashtra, and Karnataka in India. This strategic development represents a key for the firm to expand its renewable energy portfolio in India. The […] Read more
Advait Energy Bags 40,000 Off-Grid Solar Pumps Order In Karnataka Updated On Mon, Jan 20th, 2025 by Saurenergy Gujarat-based company Advait Energy Transitions recently secured an off-grid solar order from Karnataka Renewable Energy Development Limited (KREDL). The company secured the order to develop 40,000 off-grid or stand-alone solar pumps under the PM-KUSUM Component ‘B’ scheme in Karnataka. Advait Energy said in a regulatory filing, “The company will design, develop, deploy, and maintain a […] Read more
After HC Order, KERC Brings New Draft Open Access Rules Updated On Mon, Jan 20th, 2025 by Saurenergy Days after the Karnataka High Court struck down the Centre’s rules on Green Energy Open Access and the corresponding state regulations, the Karnataka Electricity Regulatory Commission (KERC) has introduced a fresh set of draft regulations on open access. KERC has invited stakeholders to submit their objections and suggestions before February 15, 2025. The new draft […] Read more
SBI Caps: Open Access Offered 20% Cost Advantage In Four States Updated On Thu, Jan 16th, 2025 by Saurenergy India saw 2024 as a pivotal year for renewable energy, surpassing the 200 GW threshold in installed capacity. Solar energy installed capacity registered a healthy 8% y/y growth in CY24. The SBI Caps report noted exceptional growth and a blip in energy demand, with the non-utility share standing out due to a 25% increase, the […] Read more
UP, Maharashtra & Karnataka Drive 40% of India’s EV Sales Updated On Fri, Jan 10th, 2025 by Saurenergy In a defining moment for India’s electric mobility revolution, electric vehicle (EV) sales soared to 19 lakh units in 2024, marking a 19% increase over 2023, according to the International Council on Clean Transportation (ICCT) report. This was accompanied by a record expansion of 25,202 public charging stations nationwide. These achievements align with the PM Electric […] Read more
Gold Plus Forays Into Solar Glass Manufacturing In Karnataka Updated On Tue, Jan 7th, 2025 by Saurenergy Delhi-based solar glass manufacturer Gold Plus Glass Industry (Gold Plus) recently commissioned its manufacturing facility in Karnataka. The company is one of the largest float glass manufacturers in India, holding a 22% share of the country’s float glass manufacturing capacity as of September 30, 2023 (Source: CRISIL Report, January 2024). With this new solar glass […] Read more
KERC Proposes To Amend Green Energy Open Access Rules Updated On Thu, Jan 2nd, 2025 by Saurenergy The Kerala Electricity Regulatory Commission (KERC) has now proposed to do away with the adjustment of banked off-peak energy. In its latest amendment to its Green Energy Open Access Regulations, the state nodal agency has proposed new changes accordingly. Earlier, KERC had allowed adjustment of banked off-peak energy with some charges. The state agency, in […] Read more
