Rooftop Solar: MNRE To Incentivize Discoms For Performance Updated On Fri, Jul 19th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now decided to incentivize the power distribution companies (Discoms) in the country for their good performance in the rooftop solar business. The ministry also issued a set of guidelines on the same under the PM Surya Ghar scheme to bring a clarity on the incentivization intervention. […] Read more
What The Renewable Industry Expects From Union Budget? Updated On Fri, Jul 19th, 2024 by Saurenergy Days ahead of the Union Budget 2024, the Indian renewable energy companies have pinned their hopes on the event. A number of green companies have shared their expectations from the budget. Several of them batted for attention of better taxation regime, working on the hurdles for the green companies and suggested several means that can […] Read more
Global Floating Wind Industry Reached 270 GW In FY24: IRENA Updated On Tue, Jul 16th, 2024 by Saurenergy While still in its infancy, the global floating wind industry reached approximately 270 MW of operational capacity as of 2023. However, the international pipeline indicates a growing interest with 244 GW of new floating wind projects in development. The latest International Renewable Energy Agency (IRENA) report on offshore wind power highlights its high-capacity factors and […] Read more
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
