All In For Battery Based Energy Storage- Saurabh Kumar, GEAPP Updated On Mon, Jul 1st, 2024 by Saurenergy For India’s energy sector, the impact Saurabh Kumar has been well documented. Currently, the Vice President-India, GEAPP (Global Energy Alliance for People and Planet) Kumar is well known for being the man behind the LED revolution in the country, which he initiated during his stints as the key founder of the public sector Bureau of […] Read more
KPI Green Gets Rs 686 Crore Credit Facilities For Kutch Solar project Updated On Fri, Jun 28th, 2024 by Saurenergy KPI Green Energy has received a final sanction letter for credit facilities amounting to Rs. 686 Crores for the development of a 200 MWAC (240 MWDC) Solar Photovoltaic Power Project in Khavda, Kutch District. According to a regulatory filing by the company, it had earlier raised Rs. 300 Crores through a Qualified Institutional Placement (QIP), […] Read more
DERC Issues Peer-to-Peer Energy Transaction Guidelines 2024 Updated On Fri, Jun 28th, 2024 by Saurenergy The Delhi Electricity Regulatory Commission (DERC) recently released Peer-to-Peer Energy Transaction Guidelines 2024. These guidelines aim to foster the use of renewable energy and provide additional income opportunities for prosumers. By leveraging innovative technologies and ensuring consumer savings, DERC has sought to enable prosumers and eligible consumers to securely and reliably buy and sell electricity […] Read more
GMDC, GUVNL Sign Energy Security Pact In Gujarat Updated On Wed, Jun 26th, 2024 by Saurenergy GUVNL and GMDC have collaborated for Development of the coal-based & Lignite power stations for Energy Security for Gujarat. This partnership underscores a collective dedication to bolster energy security through sustainable coal & lignite utilisation. Kanubhai Desai, Gujarat Minister of Finance, Energy & Petrochemical, said, “The signing of this MOU marks a historic milestone as […] Read more
A Delay Foretold. How MSEDCL Delayed a 500 MW RE Project Involving Tata Power Updated On Tue, Jun 25th, 2024 by Saurenergy In looking at the orders of regulators at the state and national level (CERC and APTEL), one is regularly surprised at how common sense is regularly abandoned in favour of abundant precaution. Among state entities like discoms, the fear of being seen as biased trumps everything when it comes to a project. Be it the […] 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
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
