India’s Solar Journey: 5 Speed Breakers on the Journey to 100 GW and Beyond Updated On Mon, Jul 15th, 2024 by Saurenergy India has enormous solar potential due to its geographical conditions. The country’s total solar energy capacity recently surpassed 85 Gigawatts (GW), which is about 11 percent of its total solar potential of 748 GW, as assessed by the National Institute of Solar Energy (NISE). Ironically, the country had set a target of 100 GW of […] Read more
India’s Solar Capacity Crosses 85 GW, Installations Pick Pace Updated On Thu, Jul 11th, 2024 by Saurenergy India’s total solar energy capacity has now surpassed 85 Gigawatt (GW), latest data from the Ministry of New and Renewable Energy (MNRE) said. The ministry said that with the addition of the new solar capacities in June this year, India’s total renewable capacity (excluding large hydro) touched 148 GW. The ministry’s monthly progress report said […] Read more
ALMM: India’s Solar Module Manufacturing Capacity Touches 50.8 GW Updated On Tue, Jul 9th, 2024 by Saurenergy India’s total enlisted solar module manufacturing capacity has now touched 50.8 Gigawatt (GW), the latest ALMM list issued by the Ministry of New and Renewable Energy (MNRE) revealed. The recent Approved List of Models and Manufacturers (ALMM) lists a total of 93 solar module manufacturing plants in India, against the earlier figure of 90. The […] Read more
MNRE Revises Rule For Micrositing Of Onshore Wind Turbines Updated On Mon, Jul 8th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) recently issued an amendment to the guidelines for onshore wind project development, updating the 2016 framework to emphasize optimizing energy production through precise micrositing of wind turbine generators. This amendment enables developers and investors to strategically place turbines within available land, fostering repowering and intercropping initiatives without […] Read more
MEDA Invites EoI To Build 10 MW Rooftop PV System On Gov Buildings Updated On Fri, Jun 28th, 2024 by Saurenergy Maharashtra Energy Development Agency (MEDA) a state nodal agency under the Ministry of New and Renewable Energy (MNRE) recently released a tender inviting to set up 10 MW grid-connected rooftop solar PV systems. This project falls under RESCO mode on government sector buildings terraces. MEDA in its tender invited bids to discover tariffs for rooftop […] Read more
Govt VGF Scheme Can Support 36% Of Offshore Project Cost, Says CRISIL Updated On Thu, Jun 27th, 2024 by Saurenergy The Union Cabinet approval of the viability gap funding (VGF) scheme, with a total allocation of Rs 7,453 crore, is a boost for the offshore wind energy segment. It could trigger investments into a space developers have shied away from due to high cost, operational challenges, and offtake-related risks, according to CRISIL. This is a […] Read more
India Energy Storage Week Eyes Rs 2,000cr Investments In EV, Storage Updated On Thu, Jun 27th, 2024 by Saurenergy India Energy Storage Alliance (IESA) is all set to host the 10th edition of India Energy Storage Week (IESW) in New Delhi. In a press conference today, IESA announced the potential investment of over INR 2000 crore coming to India at IESW 2024. In the presence Cristian Valdes Carter, Director & Commercial Counsellor – India, […] 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
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