Tender, Tariff, and Takers: 2024 A Brief Review Updated On Mon, Jan 6th, 2025 by Saurenergy The renewable energy landscape is witnessing a transformative shift, with bidding processes increasingly favoring innovative solutions like Round the Clock (RTC) energy, Firm and Dispatchable Energy (FDRE), and wind-solar hybrid (WSH) tenders. Notably, energy storage has emerged as a game-changer, becoming an integral component of many new tenders. According to an SBI Caps report, storage […] Read more
SJVN Opens Bids For 18 MW Rooftop Solar Project On Govt Buildings Updated On Thu, Jan 2nd, 2025 by Saurenergy SJVN recently released a tender to select Solar Rooftop Power Developers to set up 18.00 MW grid-connected rooftop solar PV power projects (without battery storage). SJVN is accepting bids until January 20, 2025. This project falls under the “PM Surya Ghar: Muft Bijli Yojana” scheme and will be located on 15 Union Government buildings across […] Read more
Khavda Adds Another 62.4 MW Wind For Hybrid Project From Adani Updated On Mon, Dec 30th, 2024 by Saurenergy Continuing its momentum to add more renewable energy projects, Adani Green Energy’s (AGEL) step-down subsidiary, Adani Renewable Energy Forty Eight Limited recently commissioned a 62.4 MW wind power component of its wind-solar hybrid project at Khavda, Gujarat. Khavda is expected to see a string of projects over the next two years as it moves towards […] Read more
Hero Future Energies Commissions Solar Project In Karnataka Updated On Fri, Dec 27th, 2024 by Saurenergy Hero Future Energies, the renewable energy arm of the Hero Group announced the successful commissioning of its 29 MWp solar project in Chitradurga, Karnataka. This open-access site is meant to cater to the power needs of the southern state’s commercial and industrial (C&I) sector. The company said that the solar project is expected to generate […] Read more
ACME’s Subsidiary Secures Rs. 1,988 Cr Financing From PFC Updated On Thu, Dec 26th, 2024 by Saurenergy ACME Renewtech Private Limited, a subsidiary of Haryana-based ACME Solar Holdings (ACME Solar) recently secured Rs. 1,988 crore term loan financing from Power Finance Corporation (PFC). This financing will fund the development and construction of a 300 MW Solar-Wind Hybrid Renewable Energy Project. The project will be located in high-resource potential areas, with solar capacity […] Read more
Winning Bids Cross Rs 3/kWh In SECI’s 1 GW Solar Tender Updated On Thu, Dec 26th, 2024 by Saurenergy In an ominous sign of changing market dynamics, SECI’s 1000 MW Tranche XVIII tender for ISTS connected solar projects has attracted winning bids, all over Rs 3/kWh. The tender, released in September this year, has ReNew Solar Power( 250 MW at Rs 3.04), Acme Solar holdings (300 MW at Rs 3.05) and Adani Green Energy […] Read more
MP Solar Developer Directed to Pay Up To CTUIL By APTEL Updated On Mon, Dec 23rd, 2024 by Saurenergy In an appeal taken all the way to APTEL by SEI Sunshine Power Pvt. Ltd. and its group companies against the Central Electricity Regulatory Commission (CERC), the apex regulator went with the latter in directing the firm to pay up as directed by CERC earlier. The amount involved is Rs 18.25 crores approx. Issue: The […] Read more
MNRE Denies RE Projects Failing To Secure PPAs Updated On Thu, Dec 19th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) claimed that renewable energy projects in the country are not failing to secure Power Purchase Agreements (PPAs). Shripad Yesso Naik, Minister of State (MoS) for New and Renewable Energy, addressed the issue of unsold renewable energy in a written statement before the Parliament. This follows reports that […] Read more
IMFA Invests Rs 83.26 Crores In JSW Energy Hybrid Project Updated On Wed, Dec 18th, 2024 by Saurenergy The Odisha-based Indian Metals & Ferro Alloys (IMFA), has entered into a joint venture with JSW Green Energy. Under the collaboration, the ferrochrome integrated producer would source renewable energy for its smelting operations. IMFA signed a binding term sheet with JSW Green Energy One and JSW Green Energy Seven and will invest Rs 83.26 crores […] Read more
