SECI Payout of Rs 804 Cr to Solar & Wind Developers for Oct Sees 10% Slide Since Sep Updated On Tue, Dec 6th, 2022 by Saurenergy Payments totaling Rs 804 crore were made to solar and wind power producers by the Solar Energy Corporation of India (SECI) for the power it purchased in October 2022. The amount is almost 10% less than what was paid out in September. Against its power purchases, the agency had released Rs 893 crore. Nearly 88% […] Read more
First Solar will supply 700 MW solar modules to Silicon Ranch Updated On Fri, Oct 21st, 2022 by Saurenergy Tennessee based independent power producer, Silicon Ranch and America’s largest solar manufacturer, First Solar, announced the expansion of the 4-GW master supply agreement (MSA) that they signed in April. To support its growing portfolio of contracted solar projects, Silicon Ranch has secured an additional 700 megawatts (MW) of advanced, responsibly produced, thin film photovoltaic (PV) […] Read more
AMP Energy Joins The Manufacturing Trail, To Make Solar Modules and Cells Updated On Fri, Sep 9th, 2022 by Saurenergy Amp Energy India, one of India’s leading renewable energy companies hitherto focused on EPC and the C&I segment, has announced a joint venture (JV) with Websol Energy Systems Ltd. for manufacturing and production of upto 1.2 GW monocrystalline PERC solar cells and modules. The companies have entered into a Term Sheet for establishment of a […] Read more
JSW Renew Energy Wins Big SECI Tender for BESS Updated On Sat, Aug 27th, 2022 by Saurenergy In a major development, JSW Renew Energy Five Limited, a special purpose vehicle of JSW Energy- is amongst India’s leading private sector power producing companies, has won a battery storage auction by SECI (Solar Energy Corporation of India). The auction was for the establishment of pilot projects entailing 500MW/1000 MWh standalone BESS (Battery Energy Storage […] Read more
300 MW Hybrid Project: MERC Approves Reduced Tarrif Of Rs 2.56/KWh Updated On Tue, Jul 12th, 2022 by Saurenergy Maharashtra Electricity Regulatory Commission (MERC) recently ordered that the voluntarily offered tariff of Rs. 2.56 per unit be applicable for supply of 300 MW RE wind-solar hybrid power by T.P. Saurya Limited (subsidiary of Tata Power) to Maharashtra State Electricity Distribution Co. Ltd (MSEDCL). A three-judge bench comprising Sanjay Kumar, IM Bohari and Mahesh Khullar, […] Read more
Record US $14.5 b Investment In Indian RE In Last FY Updated On Mon, Jun 13th, 2022 by Saurenergy A record US$14.5 billion was invested in renewable energy In India during the last financial year (FY2021-22) registering an increase of 125% compared to FY2020-21. However, that number still needs to be higher to meet the new demands of the renewable capacity target of 500GW by 2030. 15.5 gigawatts (GW) of renewable energy capacity was […] Read more
Jakson Group Commissions Biggest Standalone Solar Project in Assam, 70 MW Amguri Solar Park Updated On Fri, Jun 3rd, 2022 by Saurenergy Jakson Group, one of the leading energy solution companies, completed the first-ever Solar Park project in Assam. An offshoot of the historic Assam Accord, the 70 MW Amguri Solar Park was inaugurated by Chief Minister of Assam, Dr. Himanta Biswa Sarma, in the presence of Bimal Borah, Hon’ble Minister of Power, Sports & Youth Welfare, […] Read more
SECI Announces 1.2 GW Wind Auction Results, NTPC Lowest Bidder at Rs 2.89/unit Updated On Wed, May 25th, 2022 by Saurenergy Solar Energy Corporation of India (SECI) has announced the winners of the 1.2 GW Wind Energy Projects’ auctions or Tranche XII for interstate transmission connected wind projects. Even as NTPC bid at Rs 2.89/unit, for its 200 MW bid, it was Halvad Renewables Pvt Ltd that won 300 MW at a price of Rs 2.93 along […] Read more
CERC Adopts Tariff for SECI’s Manufacturing Linked Solar Tenders Updated On Mon, Apr 4th, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC) has accepted Solar Energy Corporation of India Limited’s (SECI) request for the adoption of tariff for 8800 MW of solar power plants connected to inter-state transmission system (ISTS) linked with setting-up of solar manufacturing plant, selected through competitive bidding process as per the official guidelines issued by Ministry of […] Read more
