Saur Energy International August 2024- The Wait for Great Renewable Deals Updated On Thu, Sep 26th, 2024 by Saurenergy Editorial What happened to those unbelievably low solar tender bids? People still remember how bids breached the Rs 2 per unit floor, back in 2020 at an auction by GUVNL. However, after a brief time, prices climbed yet again, and in a period of volatility since that the industry has rarely seen, today rule in […] Read more
Aditya Birla Renewables Raises Rs. 2,500 Cr Through NCDs Updated On Wed, Sep 25th, 2024 by Saurenergy Aditya Birla Group’s renewable energy arm, Aditya Birla Renewables Limited (ABReL), has successfully secured Rs. 2,500 crore through a private placement of non-convertible debentures (NCDs). These NCDs have a face value of Rs. 1 lakh each, for an aggregate amount of up to Rs. 2,500 crore, inclusive of a base issue size of up to […] Read more
MERC Declines To Give Relief To EESL Over ‘Change of Law’ Claim Updated On Wed, Sep 25th, 2024 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) in its latest order declined any relief to the Energy Efficiency Services Ltd (EESL). The case was related to the petition of the government entity, seeking compensation of Rs 27 crore. EESL sought this amount due to the rise of taxations on solar equipment during the developmental phase of […] Read more
81% of RE Additions In 2023 Were Cheaper Than Fossil Fuels: IRENA Updated On Wed, Sep 25th, 2024 by Saurenergy Renewables remain competitive despite fossil fuel prices returning closer to historical cost levels, concludes Renewable Power Generation Costs in 2023, released by the International Renewable Energy Agency (IRENA) at the Global Renewables Summit during the UN General Assembly in New York today. Of the record 473 gigawatts (GW) added in 2023, 81% or 382 GW […] Read more
SJVN Invites Developers To Build RT Solar Projects On Gov Buildings Updated On Wed, Sep 25th, 2024 by Saurenergy SJVN has invited proposals from developers to set up 5830 kW of grid-connected rooftop solar power projects (without battery storage). SJVN is developing these on Union Government buildings across seven states, as designated by the MNRE under the PM Suryaghar scheme. These states are NCT of Delhi, Madhya Pradesh, Uttar Pradesh, Haryana, Gujarat, Maharashtra, and […] Read more
Hybrid Solar, Wind Projects To Fuel Cochin Shipyard Operations Updated On Wed, Sep 25th, 2024 by Saurenergy The Kerala government’s Energy Management Centre (EMC) has initiated plans to power Cochin Shipyard Limited (CSL) with renewable energy. To move forward with this initiative, a tender has been issued seeking consultants for the project. The last date of bid submission is September 30. Established in 1972, Cochin Shipyard Limited is a prominent shipbuilding and […] Read more
Himachal Pradesh To Invest In Pumped Storage projects Updated On Wed, Sep 25th, 2024 by Saurenergy Himachal Pradesh Chief Minister, Thakur Sukhvinder Singh Sukhu said the State has decided to enter the sector of Pumped Storage Projects (PSPs). He said that PSPs are considered one of the most dependable mechanisms towards a balanced supply of power from renewable sources like solar and wind energy. Himachal has been the leader in mini-hydel […] Read more
SWREL Gets New Orders Of Rs. 512 Cr From Gujarat, Maharashtra Updated On Tue, Sep 24th, 2024 by Saurenergy Sterling and Wilson Renewable Energy Limited (SWREL), a domestic renewable EPC received two new domestic orders from Private (IPPs) valued at Rs. 512 crore. It received this order from Gujarat and Maharashtra. It received an order for Engineering, Procurement, and Construction of a 200 MW AC / 250 MWp DC PV plant for a PV […] Read more
Sunsure Energy’s Contrarian Approach Pays Off Updated On Tue, Sep 24th, 2024 by Saurenergy Gurugram-based Sunsure Energy has made a virtue of what to many will appear to be a contrarian approach to business as a solar EPC and now, a developer (IPP). Founded in 2014 by Shashank Sharma (CEO), Sunsure Energy has 500 MW of assets under operation, 2.5 GW of renewable energy capacity under construction, and a […] Read more
