India’s RE Sector Saw FDI Equity Investment of USD 6,137.39 Mn in Last 3 Financial Years Updated On Wed, Dec 20th, 2023 by Saurenergy The Minister for New & Renewable Energy and Power, R.K. Singh, disclosed measures taken to entice Foreign Direct Investment (FDI) into India’s renewable energy sector. Currently, India’s FDI policy permits up to 100% investment in the renewable energy sector through the automatic route. According to the Department for Promotion of Industry and Internal Trade (DPIIT), […] Read more
UPNEDA Sets Sights on Selecting Solar Power Developers for 500 MW Rooftop PV Project Updated On Wed, Dec 20th, 2023 by Saurenergy Uttar Pradesh New & Renewable Energy Development Agency has issued a tender for the selection of solar power developers for setting up of 500 MW of grid connected rooftop solar PV project on Government / semi-government buildings and other Institutions at various locations in Uttar Pradesh under RESCO Model on net metering basis through tariff […] Read more
MERC Rejects MEDA’s Plea For 50% Local RE Procurement By Discoms Updated On Tue, Dec 19th, 2023 by Saurenergy The Maharashtra Energy Development Agency had filed a petition with the Maharashtra Electricity Regulatory Commission (MERC) asking it to issue appropriate directions to distribution licensees (discoms) to meet 50% of total Renewable Purchase Obligation (RPO) requirement by purchase of energy from Renewable Sources within the State. Maharashtra has achieved installed capacity of 10,799 MW as […] Read more
Punjab State Power Corporation Limited Calls Developers for 100 MW Solar Project Updated On Mon, Dec 18th, 2023 by Saurenergy Punjab State Power Corporation Limited (PSPCL) has released a tender and invited bids for the development of 100 MW solar power projects as well as associated transmission system. The project will be established in Bathinda, Punjab. The last date to submit the bid is December 18, 2024. The earnest money deposit to be submitted by […] Read more
RUVNL Initiates Proposal to Eliminate Restrictions of Structured RE Projects with ESS Updated On Fri, Dec 15th, 2023 by Saurenergy In a petition filed by the Rajasthan Urja Vikas Nigam Limited (RUVNL), it seeks approval for the selection of developers and procurement of bidding documents for an Inter-State Transmission System (ISTS) connected energy storage solution with a capacity of 1000 MW/6000 MWh. The proposal aspires to meet the requirements of Jaipur Vidyut Vitran Nigam Limited, […] Read more
ReNewX Gears Up To Showcase Renewable Opportunities In South India At Hyderabad In 2024 Updated On Thu, Dec 14th, 2023 by Saurenergy South India, with its long coastlines, ample sunshine, and windswept hills, presents a golden opportunity for businesses in the renewable energy sector. With a focus on sustainability and clean energy, the region is witnessing a rapid expansion in solar, wind, and other renewable energy projects. This creates a dynamic landscape ripe for innovation and entrepreneurial […] Read more
“We Are Targeting To Achieve Installation Of 10+ GW Quantum by 2030”, Naresh Mansukhani, Juniper Green Energy Updated On Wed, Dec 13th, 2023 by Saurenergy Juniper Green Energy has been in the news for all the right reasons in the recent past, as the firm led by its founder and CEO Naresh Mansukhani, closed a major $350m deal with the AT Capital group and Vitol in September this year. Now part of the AT group, Juniper Green Energy, based out […] Read more
RECPDCL Looks for Solar Developer to Set up 250 MW Solar Projects Updated On Wed, Dec 13th, 2023 by Saurenergy REC Power Development & Consultancy Limited has issued a tender for the selection of Solar Power Developer for setting up of 250 MW ISTS-connected solar PV power projects anywhere in India under Tariff-based competitive bidding with greenshoe option of additional capacity of 250 MW under scheme for flexibility in generation and scheduling of thermal/ hydro […] Read more
EU Touches 56 GW Of Solar Installations With A 40% Annual Growth: Report Updated On Wed, Dec 13th, 2023 by Saurenergy A recent report on new European Market Outlook for Solar Power 2023-2027 by SolarPower Europe, reveals a record 56 GW of solar installations in Europe in 2023. This reportedly marks the third year of annual growth rates of at least 40%. The report predicts in its annual report a slower growth for 2024, with the […] Read more
