MAHAGENCO Issues Tender Seeking EPC Contractors For Solar Project Updated On Thu, Jun 20th, 2024 by Saurenergy Maharashtra State Power Generation (MAHAGENCO) recently released a tender inviting bids under two systems, technical/commercial and price bid. The MAHAGENCO seeks bidders to select EPC contractors for the design, engineering, supply, erection, testing, and commissioning of 65 MWAC capacity crystalline solar PV technology. The project is located in a village in Lakhmapur, Taluka in Chandrapur […] Read more
Cabinet Approves Viability Gap Funding For Offshore Wind Updated On Thu, Jun 20th, 2024 by Saurenergy The Indian Union Cabinet chaired by Prime Minister Narendra Modi recently approved the Viability Gap Funding (VGF) scheme for offshore wind energy projects. The total outlay of the scheme stood at Rs 7,453 crore. The fund included an outlay of Rs 6,853 crore for the installation and commissioning of 1 GW of offshore wind energy […] Read more
Thailand, India Can Pose Challenge To China’s EV Market: Report Updated On Thu, Jun 13th, 2024 by Saurenergy Bloomberg’s recent report indicated a general trend where, electric vehicles (EVs) are displacing 1.7 million barrels per day of oil usage, which is equivalent to about 3% of total road fuel demand. Currently. there are 722 million passenger EVs that are expected to be on the road in 2040 in the Economic Transition Scenario. The Bloomberg […] Read more
Access To Public Finance Key To Clean Energy Adoption In India: IEA Updated On Thu, Jun 13th, 2024 by Saurenergy The International Energy Agency (IEA) recently reported an increased usage of modern renewable energy between 2010 and 2021. The United Kingdom and Indonesia have reportedly made the greatest progress in the use of modern renewables (up 9 and 7 percentage points, respectively, in total final energy consumption). The two countries were closely followed by China, […] Read more
NTPC Issues Standalone BESS Tender For 250MW/500MWH Capacity Updated On Thu, Jun 13th, 2024 by Saurenergy NTPC Limited has now issued a global tender for standalone Battery Energy Storage System (BESS). The Indian power behemoth has sought the tenders for a capacity of 250MW/500MWH for its captive plants. As per the details given in the tender, NTPC will use the BESS services for its NTPC-Gadarwara plant and NTPC-Solapur plant. These BESS […] Read more
Despite National Portal Glitches, India Adds 450 MW RTS Capacity In May Updated On Thu, Jun 13th, 2024 by Saurenergy Notwithstanding the technical glitches in the PM Surya Ghar portal, India added a 450 MW of new rooftop solar capacities in the month of May, 2024. This data was revealed from the latest renewable capacity data of the Ministry of New and Renewable Energy (MNRE). As per the latest data from the MNRE, India’s total […] Read more
India Adds 11GW Solar Capacities In The First 5 Months Of 2024 Updated On Wed, Jun 12th, 2024 by Saurenergy The latest statistics from the Ministry of New and Renewable Energy (MNRE) revealed that India added around 11 GW of new solar capacities in the first five months of 2024. However, wind capacity additions remained on a lower side. The latest monthly renewable energy capacity report from the MNRE said that India added 2463.82 MW […] Read more
candi solar Secures $38 Million Investment Through Equity Updated On Mon, Jun 10th, 2024 by Saurenergy candi solar, a clean energy company specializing in solar power solutions for Commercial and Industrial (C&I) clients, successfully closed its Series C funding round. In this, the company secured $38 million in equity investment. The round was led by Norfund a Norwegian Investment Fund for developing countries, Kyuden International, and STOA. The equity capital investment […] Read more
India Expected To Spend $385 Bn To Reach RE Target: Moody’s Updated On Fri, Jun 7th, 2024 by Saurenergy Moody’s Ratings, a bond credit rating business of Moody’s Corporation, in its recent report, highlighted that India is expected to invest $385 billion to meet its target of 500 gigawatts (GW) of renewable energy by 2030. But coal will remain a key source of electricity generation for the next decade, said Moody’s Ratings. India, one […] Read more
