India’s RE Storage On Course For 6 GW By Fiscal 2028: CRISIL Updated On Wed, Aug 14th, 2024 by Saurenergy CRISIL Ratings estimates that India’s renewable energy (RE) storage capacity could surge to 6 GW by fiscal 2028, up from less than 1 GW operational as of March 2024. It attributes this prospective growth to the increase in the pipeline of projects under implementation and an expected healthy pace of auctions. It also noted that […] Read more
SEIA Backs Biden Move On Expanding Scope of Tariffs For Solar Cell Imports Updated On Wed, Aug 14th, 2024 by Saurenergy The Biden administration has issued a proclamation to raise the Section 201 tariff rate quota (TRQ) for imported solar cells from 5 gigawatts (GW) annually to 12.5 GW. The TRQ increase to 12.5 GW is retroactive for cells imported on or after August 1, 2024. Following is a statement from Abigail Ross Hopper, president and […] Read more
Change In FDRE Bidding Norms Can Aid RE Growth: EMBER Updated On Wed, Aug 14th, 2024 by Saurenergy EMBER recently released a policy paper highlighting the importance of changing the approach to bidding in the FDRE tenders to increase renewable energy (RE) capacity growth in India. It also stated that it’s unfair to make developers responsible for handling the unpredictable nature of renewable energy in contracts and that this should be rethought. EMBER […] Read more
Green Stocks August 13: Inox Wind Blows Away From the Pack With a 10% Jump Updated On Tue, Aug 13th, 2024 by Saurenergy On a day when the market dived, three green stocks stood out, namely, Adani Green Energy, Suzlon, and Inox Green, which was up a full 10%. Inox Wind in fact, is up 21% in the past month, while Suzlon is also up an even more impressive 47%. All the other stocks dropped, with Waaree and […] Read more
Waaree Energies Secures 90 MW Contract From Juniper Green Updated On Tue, Aug 13th, 2024 by Saurenergy Indian solar module manufacturers Waaree Energies has now secured a 90 MW order to supply of 540/545Wp dual glass bifacial modules to Juniper Green for their solar project in Bikaner, Rajasthan. Sunil Rathi, Director Sales, Waaree Energies said, “We are glad to have won this order of Juniper for this project represents a significant stride […] Read more
Vikram Solar Launches SURYAVA, Its First HJT Based Module Updated On Tue, Aug 13th, 2024 by Saurenergy Vikram Solar Limited, one of the leading Indian solar module manufacturer, has unveiled its latest innovation, the Brand SURYAVA high-performance bifacial module incorporating Heterojunction technology (HJT). Inspired by the Sanskrit word ‘Surya’, SURYAVA was officially launched at the company’s Advisory Board Meeting, graced by Chairman of the Advisory Board Dr. Alok Srivastava (Retd. IAS), Independent […] Read more
MoP Amends Electricity Act For Power Trade With Neighbors Updated On Tue, Aug 13th, 2024 by Saurenergy On August 12, the Ministry of Power (MoP) has amended the Import and Export of Electricity Act 2018 through an Office Memorandum, enabling the export and import of electricity to and from India. Under the revised guidelines, the government modified Clause 5.2 9(a) and Clause 8.9 to permit generating companies and distribution companies to export […] Read more
SAEL, NTPC & BluPine Bag SECI’s 500 MW Solar Tender Updated On Tue, Aug 13th, 2024 by Saurenergy Solar Energy Corporation of India (SECI) has now awarded 500 MW of solar projects to three solar power developers in India. The central tendering authority has announced the results of the tender recently. As per the details, these tenders were allocated to SAEL Industries, NTPC Renewable Energy and BluPine Energy. SAEL and NTPC Renewable Energy […] Read more
UPPCL Issues Standalone BESS Tender For 300MW/1200MWh Updated On Tue, Aug 13th, 2024 by Saurenergy Uttar Pradesh Power Corporation Limited (UPPCL) has now issued a tender for a standalone Battery Energy Storage System (BESS) project. The state power company has planned to develop 300 MW/1200Mwh of BESS project through this tender. The UPPCL tender document said that the project will be developed on Build-Own-Operate-Transfer (BOOT) basis. The company wants to […] Read more
