SJVN Concludes 1500 MW Wind-Solar Hybrid Auction With Competitive L1 Tariff of Rs 3.43/kWh Updated On Wed, Feb 21st, 2024 by Saurenergy Satluj Jal Vidyut Nigam Limited (SJVN), a renewable energy sector company has announced that it successfully concluded a reverse auction for a 1500 MW wind-solar hybrid project on February 20. The auction witnessed competitive bidding, resulting in the establishment of an opening L1 tariff of INR 3.43 per kWh. During the auction, Juniper Green Energy […] Read more
U-Solar and GMR Ink Deal to Develop Solar Projects Across India Updated On Wed, Feb 21st, 2024 by Saurenergy GMR Green Energy Limited, the renewable arm of the GMR Group, and U-Solar Clean Energy Solutions, a Bengaluru-based solar EPC and RESCO company, have signed a Memorandum of Understanding (MoU) to execute their 250 MWp pipeline of solar projects across multiple states in India within the next 2 years. According to a media release by […] Read more
New Rooftop Subsidy Only For Applications Post Feb 13-MNRE Updated On Wed, Feb 21st, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE), in a fresh update on Geb 20, has declared that only applications received after Feb 13, 2024 will be considered for Central Financial Assistance (CFA) under the PM Surya Ghar Muft Bijli Yojana. The move comes even as demand is expected to skyrocket for solar rooftops under […] Read more
CEA Proposes Key Changes In Draft Regulations For Connectivity Updated On Wed, Feb 21st, 2024 by Saurenergy In a draft notification proposing specific changes through a second amendment to the to the Connectivity and General Network Access to the inter-State Transmission System) Regulations, 2022, the Central Electricity Authority has proposed some key changes. The first amendment was done back in 2023, while the regulations were published in 2022. Key proposals (amendments) include […] Read more
MNRE Notifies Guideline For 13 GW RE, 12GWh BESS Projects In Ladakh Updated On Tue, Feb 20th, 2024 by Saurenergy The Cabinet Committee on Economic Affairs (CCEA) in its notification shared the recent President’s sanction for the implementation of a 13 GW renewable energy project in Ladakh (IST GEC – II). The long awaited project comprises of 13 GW renewable energy capacity along with a 12GWh Battery Energy Storage system (BESS) in Ladakh. The government […] Read more
Govt Asks States To Align With Green Open Access Rule 2022 Updated On Tue, Feb 20th, 2024 by Saurenergy The Ministry of Power (MoP) recently issued directives for all states and union territories emphasizing on the implementation of amended electricity rules that aimed at promoting green energy open access. The Ministry of Power (MoP) in its notification released on 12th February 2024 in its notification, gave the directive to states to align with the […] Read more
JUNIPER, Envision Collaborate To Develop Wind Energy Project In Gujarat Updated On Tue, Feb 20th, 2024 by Saurenergy Juniper Green Energy a renewable energy power producer company and Envision Energy a green technology company have inked an agreement for the development and delivery of Wind Turbine Generators (WTGs). The turbine has a total capacity of 300 megawatts (MW) located in Devbhoomi Dwarka District, in the State of Gujarat. As per the partnership, Envision […] Read more
Plaksha University Launches Clean Energy Research Center – Indorama Updated On Tue, Feb 20th, 2024 by Saurenergy Plaksha University, a tech university today announced the launch of Indorama Ventures Center for Clean Energy. The center claims to reimagine technology education and research in India with technology programs. Today’s announcement announced the launch of one of the first research centers at Plaksha University to lead a clean energy transition through education and research. […] Read more
Sembcorp RE Acquisition In China, India Rose By 42% YoY In 2023 Updated On Tue, Feb 20th, 2024 by Saurenergy Singapore-based Sembcorp Industries (Sembcorp) recently posted a strong performance for the year of 2023 (FY2023). They recently announced that they made a turnover of S$7.0 billion compared to S$7.8 billion in FY2022. Sembcorp said, “The group net profit before exceptional items (EI) grew 38% year-on-year to S$1.0 billion from S$739 million in FY2022, with higher […] Read more
