News In Brief Nov 29: Masdar Closes Deal, ADB & Gulf Sign $820 Mn Deal, UK Initiates RE Project In Philippines Updated On Fri, Nov 29th, 2024 by Saurenergy Masdar Closes Deal to Acquire TERNA Energy To Supercharge Growth In Greece And Eastern Europe UAE-based Abu Dhabi Future Energy Company PJSC – Masdar recently completed the acquisition of 70% of the outstanding shares of TERNA ENERGY SA (TENERGY.AT) from GEK TERNA SA (GEKTERNA.AT) and other shareholders and received all regulatory approvals. The deal, agreed […] Read more
NTPC Green Commissions Shajapur Solar Project In MP Updated On Fri, Nov 29th, 2024 by Saurenergy NTPC Green Energy Limited (NGEL), the renewable arm of the NTPC Group, has successfully commissioned its Shajapur Solar Project in Madhya Pradesh. The newly-listed company announced the milestone in a recent stock exchange filing, marking another step in its mission to expand India’s renewable energy capacity. On November 29, NTPC Green began commercial operations for […] Read more
RE Supply Shift Poised To Favor North And South India Over West By 2032: SBI Caps Report Updated On Fri, Nov 29th, 2024 by Saurenergy India added 30 GW to its installed base (net basis) in the past 12 months, of which 75% was renewables, according to the latest data released in the SBI Caps report. Renewable energy has made notable progress recently, driven by fresh wind additions and a surge in energy storage system (ESS) tenders, as noted in […] Read more
Karnataka: KERC Notifies New Fee Structure For Energy Stakeholders Updated On Thu, Nov 28th, 2024 by Saurenergy The Karnataka Electricity Regulatory Commission (KERC) has released its latest order, notifying the fee structure applicable to various stakeholders in the state’s power sector. The commission, after issuing a draft notification, has finalized and published the Karnataka Electricity Regulatory Commission (Fee) Regulations, 2024. These regulations outline the fees for different categories of applications and cases […] Read more
Waaree RTL Receives 2 GW EPC Order For Ground-Mounted Solar Project Updated On Thu, Nov 28th, 2024 by Saurenergy Waaree Renewable Energy, the EPC arm of the Waaree Group has now received an order to develop solar projects. The total capacity of the order is 2012.47 MWp (DC capacity). The company said that these projects will be ground-mounted solar projects. The company informed about the latest order in its filing before the stock exchange. […] Read more
Indian Oil Issues Bid For Solar Projects Across Rajasthan And Gujarat Updated On Thu, Nov 28th, 2024 by Saurenergy Indian Oil Corporation (IOC) recently released a tender to build grid-connected solar projects without battery backup across three groups at various locations. These projects will be developed at various locations across Rajasthan and Gujarat. Under the Western Region Pipeline (WRPL), the project is divided into three groups, spread across 34 locations. The tender said that […] Read more
COVER STORY: India Eyes Historic Rise Of Solar Cell Manufacturers Updated On Thu, Nov 28th, 2024 by Saurenergy So far, 2024 has been a remarkable year for the Indian solar industry. Not only has it met expectations so far in terms of capacity additions, it has also delivered a huge fillip to the rooftop solar sector, thanks to PM Surya Ghar and new momentum in promising schemes like PM-KUSUM, besides record additions in […] Read more
India, ISA Commit To Invest USD 2 Mn For Solar Projects In Four Island Nations Updated On Wed, Nov 27th, 2024 by Saurenergy Continuing with its backing for renewable energy for island nations, India recently committed to invest $2 million in new solar projects across four island states namely, Fiji, Comoros, Madagascar, and Seychelles. India announced this at the 5th Strategic Partnership Renewal Meeting in Brussels, during the 10th India-EU Foreign Policy and Security Consultations. At the meeting, […] Read more
Telangana Issues Tender For 1 GW Of Rooftop Solar Projects Updated On Tue, Nov 26th, 2024 by Saurenergy The Telangana State Renewable Energy Development Corporation Limited (TSREDCO) has now issued a tender for rooftop solar projects. Through this tender, the state has planned to add 1 GW of new rooftop solar capacity. The move comes as the state plays catch up on renewable capacity, considering the limited options to add large, utility scale […] Read more
