MNRE Enlists 11 Companies Offering Solar Insurance To Cover Risks Updated On Wed, Mar 20th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has updated its list of insurers covering risks for solar project developers. India’s Insurance Regulatory Development Authority (IRDAI), which offers solar insurance, forwarded the MNRE the approved list of 11 such players. The ministry last published the list of solar insurance firms on February 26. It has […] Read more
MNRE Notifies Skill Development Scheme For Green Hydrogen Sector Updated On Mon, Mar 18th, 2024 by Saurenergy Ministry of New and Renewable Energy has released guidelines regarding scheme on skilling, up-skilling and re-skilling under the national Green Hydrogen Mission. The scheme aims to undertake a comprehensive skill gap analysis covering key areas of the Green Hydrogen ecosystem continuously along with the creation/updation of a registry of skills as required by the Green […] Read more
J&K Forms Committee To Implement 12 Crore RE Projects Updated On Fri, Mar 15th, 2024 by Saurenergy The Jammu and Kashmir (J&K) government recently constituted an appraisal committee for renewable energy projects in the state. As per its recent order, the government sanctioned the constitution of the Technical Appraisal Committee (TAC). This TAC was formed for the implementation of renewable energy projects worth more than 12 crores. These projects are expected to […] Read more
MSEDCL Approves Maharashtra’s Procurement Of 7,783 MW Solar Energy Updated On Wed, Mar 13th, 2024 by Saurenergy Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) recently approved the procurement of 7783 MW on a long-term basis at a tariff of Rs 2.90 to 3.10/kWh from solar generators. The commission also allows MSEDCL to procure additional power up to 2000 MW under subsequent rounds of bidding under MSKVY 2.0 subject to the condition that […] Read more
Uttar Pradesh, TUSCO Sign PPA To Setup 600 MW Solar Project In Jhansi Updated On Tue, Mar 12th, 2024 by Saurenergy Uttar Pradesh govt and the Centre (GoI) have decided to set up a 600 MW solar project in Jhansi District in the state of Uttar Pradesh (Jhansi Solar Power Park). They signed an agreement for the development of a grid-connected ground-mounted solar power project. The agreement mentioned, “The agreement was a signed between joint venture […] Read more
MNRE Releases New Insurance Product List Covered Under IRDAI Updated On Tue, Feb 27th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) recently released a list of products that are covered by the IRDAI (Insurance Regulatory and Development Authority of India). The MNRE list covered details of various products that they offered and covered details of risks associated with solar power plants for information to the stakeholders. The list […] Read more
Largest Solar Battery Project By SECI Commissioned in Chhattisgarh Updated On Mon, Feb 26th, 2024 by Saurenergy Solar Energy Corporation of India Limited (SECI), under the Ministry of New and Renewable Energy, has commissioned India’s largest Battery Energy Storage System (BESS). The project was inaugurated by PM Modi on February 24. The 40 megawatts (MW) / 120MWh BESS with a solar photovoltaic (PV) plant which has an installed capacity of 152.325 megawatt […] Read more
MNRE Finalises BESS Mechanisms For ‘Round-the-Clock’ Renewable Energy Updated On Mon, Feb 26th, 2024 by Saurenergy A meeting was held by Union Minister for Power and New & Renewable Energy RK Singh on February 22 regarding finalising the structure for operationalizing the scheme for Viability Gap Funding (VGF) for the development of Battery Energy Storage Systems (BESS) with a capacity of 4,000 Megawatt Hours (MWh). The minister emphasised that the price […] Read more
New Rooftop Subsidy Only For Applications Post Feb 13-MNRE Updated On Wed, Feb 21st, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE), in a fresh update on Geb 20, has declared that only applications received after Feb 13, 2024 will be considered for Central Financial Assistance (CFA) under the PM Surya Ghar Muft Bijli Yojana. The move comes even as demand is expected to skyrocket for solar rooftops under […] Read more