Top 5 Solar Energy Markets to Boom in 2025 Updated On Tue, Jan 7th, 2025 by Saurenergy The solar power industry is flourishing globally, but growth potential varies across regions due to diverse influencing factors. Some solar markets are poised to outperform others, driven by favourable conditions already present or anticipated in 2025. The International Energy Agency forecasts that the global RE capacity will increase by over 5,520 GW during 2024-2030, about […] Read more
Winning Bids Cross Rs 3/kWh In SECI’s 1 GW Solar Tender Updated On Thu, Dec 26th, 2024 by Saurenergy In an ominous sign of changing market dynamics, SECI’s 1000 MW Tranche XVIII tender for ISTS connected solar projects has attracted winning bids, all over Rs 3/kWh. The tender, released in September this year, has ReNew Solar Power( 250 MW at Rs 3.04), Acme Solar holdings (300 MW at Rs 3.05) and Adani Green Energy […] Read more
NTPC 1.2 GW Solar Project Results- 6 Winners Announced Updated On Tue, Dec 24th, 2024 by Saurenergy NTPC has announced six winners for its 1.2 GW solar project tender with a greenshoe option. The winners are Bharat Petroleum Corporation Limited (BPCL), Onward Solar Power, ReNew Solar Power, Illuminate Hybren, Adyant Enersol, and DineshChandra R Aggarwal. Collectively, these projects amount to 1,020 MW, with an additional greenshoe option of 600 MW. According to […] Read more
ReNew Commissions 750 MW Projects In Rajasthan Updated On Mon, Dec 9th, 2024 by Saurenergy Sumant Sinha led ReNew has announced the commissioning of 750 MW of a ~1 GW solar project in Rajasthan. The project is being constructed using solar panels manufactured by ReNew in Jaipur, Rajasthan, and Dholera, Gujarat, as part of the Make in India initiative. As part of the project, ReNew has partnered with the Solar […] Read more
ALMM: Saatvik, Bluebird, Novasys & ReNew Add New Capacities Updated On Tue, Dec 3rd, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now issued its latest Approved List of Models and Manufacturers (ALMM). The latest list from the MNRE revealed the addition of newly enlisted capacity from four solar companies. These four companies include Solar, Novasys, Bluebird and ReNew. These renewable companies added 2271 MW of new capacities […] Read more
ReNew Foresees A Dip In Solar Cell Capacity With ALCM Updated On Mon, Nov 25th, 2024 by Saurenergy NASDAQ-listed solar module manufacturer ReNew expects a significant shortfall in cell capacity in India with the imposition of the proposed Approved List of Cell Manufacturers (ALCM). The company in its latest investors presentation anticipated a transition in the Indian solar cell market with the introduction of ALCM. The company said that the proposed decision of […] Read more
India’s Solar Sector Buoyant On New Growth Trajectory Updated On Wed, Oct 9th, 2024 by Saurenergy FY24-25 is likely to be remembered as a milestone year for India’s solar sector. Not only is capacity addition this year expected to hit a new high, but the year is also likely to see the 25 GW mark breached for the first time, with almost 15 GW added in H1 itself. Significantly, the spike […] Read more
Re-Invest 2024- Firms Parade 480 GW Capacity Addition Plans Updated On Tue, Sep 17th, 2024 by Saurenergy At the fourth edition of Re-invest 2024, you might be tempted to believe that India’s renewable energy targets are as good as met. At least, going by the line up of firms queuing up to make their commitments public. In a spectacle suitably titled ‘Shapath Patra’ or agreements signed at the event, firms made the […] Read more
APTEL Refuses To Provide Relief To ReNew In 300 MW Wind Project Updated On Wed, Sep 11th, 2024 by Saurenergy The Appellate Tribunal for Electricity, in an order dated September 10, has ruled on a case involving ReNew (through ReNew Naveen Urja Private Limited) and SECI , and by extension, CERC. Case Overview: Renew Naveen Urja Private Limited (Appellant) vs. Central Electricity Regulatory Commission (CERC) & Solar Energy Corporation of India Limited (SECI). ReNew sought […] Read more
