Oswal, Cosmic PV & Luminous Enter ALMM, India’s Capacity Touches 48 GW Updated On Sun, May 26th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now published its latest updated list of ALMM (Approved List of Models and Manufacturers), adding seven new entrants. With the addition of new domestic solar module manufacturing capacities, India’s total ALMM enlisted capacity has now touched 48 GW. This was an addition of around 5.4 GW […] Read more
Reskilling Essential To Assist Transitioning Traditional Roles To Sustainability-Focused Positions Updated On Fri, May 24th, 2024 by Saurenergy There has been a significant surge in the demand for sustainability roles across various industries. From renewable energy engineers to sustainability managers, companies are actively seeking professionals with expertise in environmental conservation and sustainable practices. This trend not only reflects a growing awareness of environmental issues but also underscores the importance of integrating sustainability into business operations. […] Read more
ADB Extends $8 Mn Funds For Mini-Grid Pilot Program In Africa Updated On Thu, May 23rd, 2024 by Saurenergy The African Development Bank Group’s Board of Directors has approved $8 million to support the rollout of a pioneering pilot mini-grid program with potential Africa-wide benefits. The funding is provided by the Bank-managed Sustainable Energy Fund for Africa (SEFA). This fund is provided in the form of concessional loans, grants, and risk mitigation, and plans […] Read more
Waaree Energies To Supply 445 MW Solar Modules to Statkraft Updated On Thu, May 23rd, 2024 by Saurenergy Waaree Energies Limited is set to illuminate single-location solar projects in Bikaner, Rajasthan, with a supply of 445 MW of its 540/545Wp dual glass bifacial modules. The delivery is scheduled for delivery between May and August 2024. Hitesh Doshi, Chairman and Managing Director of Waaree Energies Limited said, “This partnership with Statkraft India represents a pivotal […] Read more
PGVCL Allocates 479 MW Capacity Solar Projects Under PM KUSUM-C Updated On Thu, May 23rd, 2024 by Saurenergy Paschim Gujarat Vij Company Ltd has allocated 479 MW solar projects to several developers under component C of the PM Kusum programme. The awarded projects are expected to be operational by the end of December 2024. The highest capacity was allocated to Onix Renewable followed by Indian Infrastructure and Project India. The tariffs that were […] Read more
Open Access Charges: When Solar Fails To Deliver Promised Savings Updated On Thu, May 23rd, 2024 by Saurenergy The concept of open access in the electricity market was introduced to foster competition and provide consumers with the freedom to choose their electricity suppliers. However, despite the potential for savings, the reality is that net landed solar electricity often does not result in significant cost reductions for end consumers. This outcome is largely due […] Read more
Spain Joins International Solar Alliance As Its Newest Member Updated On Thu, May 23rd, 2024 by Saurenergy The International Solar Alliance (ISA), a collaborative platform to increase deployment of solar energy technologies recently announced the addition of Spain as its 99th member. The grouping was formed to bring energy access, ensure energy security, and drive energy transition in its member countries. India is a founding member of the multilateral Alliance. The entry […] Read more
UPERC Grants Compensation To SAEL For Increased GST Rates Updated On Tue, May 21st, 2024 by Saurenergy The Uttar Pradesh Electricity Regulatory Commission (UPERC) in its latest judgement allowed compensation to SAEL Limited, a solar power generator. The company had earlier moved the state power regulator seeking compensation on account of increase in its project cost due to the rise of Goods and Services Tax (GST). The company had installed a 32 […] Read more
MNRE Issues Clarification On ALMM Implementation Timeline Updated On Tue, May 21st, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now come out with a notification to allay apprehensions of solar project developers towards the timeline of the implementation of the ALMM scheme. Through the notification, the MNRE sought to clarify on the applicability of the scheme since the date of submissions of bids for government […] Read more
