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
Gensol Engineering Allotted Additional 250 MW (500 MWh) for GUVNL’s BESS Project Updated On Thu, Jun 20th, 2024 by Saurenergy Gensol Engineering Ltd. has received the second tranche under greenshoe option allotment of 250 MW/500 MWh from Gujarat Urja Vikas Nigam Limited (GUVNL) for standalone Battery Energy Storage Systems (BESS) project to reach 500 MW / 1000 MWh. According to Gensol, the project including first and second tranche will generate a total revenue of INR […] Read more
MNRE Allows BIPV, Balcony Solar Under PM Surya Ghar Updated On Tue, Jun 18th, 2024 by Saurenergy The Ministry Of New and Renewable Energy (MNRE) has now come out with a fresh set of guidelines for the implementation of the PM Surya Ghar Scheme. The scheme aims to install residential rooftop solar systems in one crore households. The new norms clarified that in case of paucity of rooftop space, the consumers can […] 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
RERC Resolves Hurdles Of Technology-Agnostic RPO Compliance Updated On Wed, Jun 12th, 2024 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) in its latest suo motto order has tried to allay the apprehensions of the obligated entities towards the government mandate of technology-agnostic Renewable Purchase Obligations (RPOs). The Union government and CERC had earlier mandated the compliance of RPOs through procurement of renewable power through different fuel specific (technology agnostic) […] Read more
KPI Green Leads Again With Lowest Bid In 500 MW GUVNL Auction Updated On Tue, Jun 11th, 2024 by Saurenergy Surat-based KPI Green Energy (Rs2.67), Avaada Energy (Rs 2.68), Solarcraft Power India -BluPine (Rs 2.69) , Hinduja Renewables and NRC Industries (Rs 2.72) have emerged winners in the 500 MW solar auction from Gujarat Urja Vikas Nigam Limited (GUVNL). The tender, released in March this year, continues the trend of state discoms attracting bids over […] Read more
Programme Associate – Distributed Renewable Energy Updated On Fri, Jun 7th, 2024 by Saurenergy Job Duties and Accountabilities:- Desirable Outcomes (first year):- Lead the team to accelerate adoption of distributed RE in atleast one state and support in other states. Conceptualise and execute atleast one innovative idea to scale up the adoption of DRE in the priority state Take up atleast one institutional responsibility or actively work on one […] Read more
KPI Green Energy Leads Winning Bidders With Rs 3.33 Bid For GUVNL Hybrid Auction Updated On Fri, Jun 7th, 2024 by Saurenergy Gujarat Urja Vikas Nigam Limited (GUVNL)’s 500 MW wind solar hybrid auction finally has a list of winning bidders, with an attractive price of Rs 3.33 achieved after the while process. Surat based KPI Green Energy led with the lowest bid, followed by Juniper Green Energy with a Rs 3.34 bid. JSW Green Energy and […] Read more
REC Trading At IEX Skyrockets, Sees 640% Growth In May Updated On Thu, Jun 6th, 2024 by Saurenergy The trading of Renewable Energy Certificates (REC) seems to have escalated at the Indian Energy Exchange (IEX), the power exchange data shows. The publicly-listed power exchange firm recently shared its data on the trading of its different products including RECs. IEX said that the renewable energy certificates (REC) trading in May stod at 1,055 MUs. […] Read more
