ICRA Sees FY24 Ending On a Positive Note For RE, 20 GW Additions Projected For India Updated On Thu, Dec 7th, 2023 by Saurenergy Ratings and Research firm ICRA sounded an optimistic note in their December update, with hopes that overall renewable capacity additions in FY24 will touch 20 GW. That number, made up of 12 GW of solar, 2 GW of wind besides other RE sources, becomes even better for FY25. The firm expects solar to add 20 […] Read more
GERC Seeks Consultants To Determine Banking Charges For RE Projects Updated On Wed, Dec 6th, 2023 by Saurenergy The Gujarat Electricity Regulatory Commission (GERC) has now planned to impose banking charges against the generation of renewable energy in the state. To undertake the mission, the state commission has floated a tender seeking bids from consultants who can help the state commission in imposing the charges. The GERC, in its document mandated the consultants […] Read more
IEX Power Market Update for November 2023 Updated On Tue, Dec 5th, 2023 by Saurenergy Indian Energy Exchange (IEX), India’s largest power trading exchange, had a strong November, achieving 9,136 MU overall volume, including 7.55 Lac Renewable Energy Certificates (RECs) (equivalent to 755 MU), marking a 17.5% increase on YoY basis. IEX achieved 8,371 MU total electricity volume in November 2023, registering an increase of 13% on YoY basis. However, […] Read more
India Joins Battery Storage Consortium To Boost BESS Deployment Updated On Mon, Dec 4th, 2023 by Saurenergy India has now joined the Battery Energy Storage Systems (BESS) Consortium, at the ongoing Conference of Parties (COP28) Summit at Dubai. The consortium is an initiative of the Global Leadership Council (GLC) of the Global Energy Alliance for People and Planet (GEAPP). Through the BESS Consortium, India is among the first-mover countries as a part […] Read more
SECI Issues RFS for 1 GW Firm & Dispatchable Renewable Energy Updated On Wed, Nov 29th, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) has issued a tender for the selection of renewable energy developers for the supply of 1000 MW firm and dispatchable power from ISTS connected renewable energy (RE) power projects in India, under tariff-based competitive bidding (SECI-FDRE-V) on Build-Own-Operate (BOO) basis. Land and connectivity shall be in the scope […] Read more
Tata Power Renewable Energy Gets LoA For Supply of 200 MW From SJVN Updated On Wed, Nov 29th, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited, has received a Letter of Award (LOA) for developing a 200 MW Firm and Dispatchable Renewable Energy (FDRE) project with SJVN Limited (SJVN). SJVN is an Indian public sector undertaking (PSU) involved in hydroelectric and renewable power generation and transmission. It […] Read more
OREDA Issues Bid For Rooftop Solar, Allows Virtual Net-Metering Updated On Tue, Nov 28th, 2023 by Saurenergy The Odisha Renewable Energy Development Agency (OREDA) issued a tender seeking solar energy generators for installing rooftop solar systems under RESCO model. Under the model, the solar energy generator will install the rooftop solar systems in government buildings on and will charge the government rentals for their services. As per the tender documents, the interested […] Read more
Haryana Opens Up PM-KUSUM Portal For Solar Pump Applicants Updated On Fri, Nov 24th, 2023 by Saurenergy The Haryana New and Renewable Energy Department has now opened the PM-KUSUM scheme state portal. In a public notice, the department announced the opening of the same from November 22 to November 30 for the solar pump applicants. The department said that the beneficiaries can use the state portal to submit their share of the investment […] Read more
Tata Power Claims To Install 62,000 Home Chargers For EVs Till Now Updated On Thu, Nov 23rd, 2023 by Saurenergy TATA Power, recently announced addition of 11,529 new Electric Vehicle (EV) home chargers in the second quarter of FY24. This brings the total count of Tata Power home EV Chargers to 62,000 across India. Tata Power claims that its home EV charging solutions enhance, convenience and accessibility of EV charging for Tata Power EZ Charge’s customer […] Read more
