Maharashtra Renewable Energy Grows By 9% Last Fiscal Updated On Thu, Mar 9th, 2023 by Saurenergy The state economic survey of Maharashtra for the period of 2022-23, is out and it paints a bright picture as far as renewable energy is concerned in the state. The state economic survey held that there has been a reasonable jump in the renewable capacity of the state. In 2022-23 financial year, the installed renewable […] Read more
India’s Renewable Energy Installation Stands at 168 GW, Coal-Based Power Grows 536 MW in a Year Updated On Thu, Feb 16th, 2023 by Saurenergy Central Electricity Authority has revealed in its installed electricity capacity report that the renewable energy capacity of the country has crossed 168 GW but the speed of the RE expansion doesn’t give out a comfortable picture considering India’s 2030 targets. The RE installed capacity of India as on January 31, 2023 stands at 168,399 MW. […] Read more
Economic Survey 2022-23: India a Hotspot for Investment in Renewables & Other Observations Updated On Wed, Feb 1st, 2023 by Saurenergy The Economic Survey 2022-2023 has made some important observations about the trajectory of renewable energy sector and transition to clean energy sources. Here are some key observations- Inching towards installed capacity from clean sources The Economic Survey notes that India has already achieved the feat of having 40 per cent of installed electric capacity from […] Read more
2023’s Promise for Solar. Will India Rise To The Challenge? Updated On Mon, Jan 23rd, 2023 by Saurenergy Early into 2023, the ground is set for a momentous shift for solar. But first, the numbers. In the Jan-Dec period, figures from India’s Central Electricity Authority show that the country added 13956 MW of solar capacity, of which just over 11 GW was utility scale solar. This is by far the best ever performance […] Read more
MPUVNL Invites RFP for 35 MW of Grid-Connected Rooftop Solar Plant Updated On Thu, Aug 11th, 2022 by Saurenergy Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) has invited a Request for Proposal (RFP) for 35 MW of grid-connected rooftop solar plants. These 35 MW rooftop solar PV system under the RESCO Model would be installed at various locations in Madhya Pradesh. The last date to submit the bid is August 23, 2022, till 6:00 […] Read more
CEA Records 3.7 GW Solar Additions In Q1, But Higher Risks Loom Ahead Updated On Mon, Jul 18th, 2022 by Saurenergy After recording over 4659 MW of solar capacity additions in Q4, driven largely by a burst of additions in March this year at 3.2 GW, solar capacity additions have slowed down in the new financial year. According to the figures from the Central Electricity Authority (CEA), fresh capacity in Apr-June quarter was at just over […] Read more
MPUVNL Tender Invites Bids For 35 MW Rooftop Solar Systems Updated On Wed, Jun 29th, 2022 by Saurenergy Madhya Pradesh Urja Vikas Nigam Limited has floated a tender inviting bids for installation of 35 MW grid-connected rooftop solar systems. The bids will extend to operations and maintenance of the project for 25 years. The tender mentions that the last date for online submission of the bids is July 13, 2022. The earnest money […] Read more
India Needs $223 Billion To Meet 500 GW RE Target By 2030 Updated On Thu, Jun 23rd, 2022 by Saurenergy As per the findings revealed in a new report by BloombergNEF (BNEF) in a seminar in New Delhi on June 22, India will need $223 billion of investment to meet the target of wind and solar capacity installations up to 500GW by 2030. A Look At The Numbers In a telling trend, the country has […] Read more
Energy Storage To Keep Pace With RE Installation In India – Fitch Ratings Updated On Tue, Jun 7th, 2022 by Saurenergy The success of renewable energy in any market largely depends on the energy storage capacity given the intermittency nature of it. The credit rating agency, Fitch Ratings, has said in its new report that power storage demand in India will expand at a rapid pace to stabilise the increasing variability on both the power supply […] Read more