Elections 2024: Renewables Take Center Stage In Political Parties’ Manifestos Updated On Mon, Apr 15th, 2024 by Saurenergy The leading Indian political parties have now come out with their party manifestos for the upcoming Parliament (Lok Sabha) elections. Some of them have now also promised their consumers access to increased renewable power too. This comes months after the BJP-led Union government announced PM Surya Ghar Muft Bijli Yojana which has already been rolled […] Read more
India’s Solar Capacity Crosses 75 GW, Says Latest CEA Report Updated On Thu, Mar 14th, 2024 by Saurenergy The latest data on renewable energy capacity additions released by the Central Electricity Authority (CEA) said that India’s total installed capacity of solar power crossed 75 GW. The data from the government entity said that in the initial two months of 2024, India added a total of 2,257 MW of solar power. The additions are […] Read more
Government Removes License Requirement For Energy Storage System Updated On Tue, Jan 16th, 2024 by Saurenergy Centre ends the requirement for license to operate and maintain the dedicated transmission lines by power generating companies for them to connect to the grid. Union minister RK Singh recently announced this decision stating that putting an end to the requirement of license for dedicated transmission lines for industry will lead to “ease of doing […] Read more
Ostro Energy Eligible For Compensation Due To Change In GST Rates: CERC Updated On Wed, Dec 27th, 2023 by Saurenergy 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. As per the case details, Ostro Energy is a power […] Read more
BluPine Energy Achieves Financial Closure for 120 MW Solar Project in Gujarat Updated On Thu, Dec 14th, 2023 by Saurenergy Renewable Energy Company BluPine Energy, established in India by global infrastructure investor Actis, announced financial closure for its 120 MW solar project situated in Gujarat, secured under the GUVNL 16 tender. The electricity generated from this plant will be supplied to Gujarat Urja Vikas Nigam Limited (GUVNL) under a Power Purchase Agreement (PPA) for 25 […] Read more
Accelerating Renewables Can Prevent Rail Network Congestions: IEEFA Updated On Thu, Dec 14th, 2023 by Saurenergy Indian Railways can better utilise its resources and serve the Indian economy more effectively if policymakers focus on accelerating renewable energy generation rather than expanding coal freight by rail, a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) finds. The IEEFA report analyses various forecasts by different agencies of the Indian government and […] Read more
Rajasthan Sees Fossil Contribution Shrink For 4 Consecutive Months Updated On Mon, Sep 18th, 2023 by Saurenergy New data from global energy think tank Ember reveals that the share of fossil fuels in Rajasthan’s power generation mix has hit record-low levels at 50 percent from April to July this year. It is the first time that the lowest level was sustained for over a quarter of the year. Fossil fuels generated 34 […] Read more
Renewables Led To Saving Of $520bn in Fuel Costs Globally: IRENA Updated On Wed, Aug 30th, 2023 by Saurenergy A new report by the International Renewable Energy Agency (IRENA) claimed that the global power sector saved $520 billion in fuel costs last year, owing to the increasing adoption of renewable energy sources. The report underscores how the ongoing fossil fuel price crisis catalyzed the competitiveness of renewable power sources. In 2022, 86 percent, equivalent to 187 Gigawatts (GW), […] Read more
Life Beyond PLI-Top 5 Green Schemes For MSMEs And Startups Updated On Wed, Aug 23rd, 2023 by Saurenergy If you think the Government of India has been focused on large and utility-scale renewable projects, then you are right. The government focus has undoubtedly been on putting in place a large base, be it for solar capacity building or with schemes like the Production-Linked Incentive (PLI), domestic manufacturing that rewards scale. However, for smaller […] Read more
