Solar Industry Hoping for More Elaborate Support From Union Budget Updated On Tue, Feb 2nd, 2021 by Saurenergy The new Union Budget for 2021 has attracted positive responses from industries and the stock markets alike, appreciating the government’s attempt to revive the economy. Evident from our first story the power industry had also welcomed the broad direction, however, there also were some requests for specifics. In a similar tone, three solar industry majors […] Read more
Budget 2021 Reactions. Industry Welcomes Broad Direction, Hopes For Specifics Updated On Tue, Feb 2nd, 2021 by Saurenergy The Union Budget 2021, for all its usual detractors, has been welcomed in more ways than one. While the stock markets seem to have welcomed the bold moves to junk fiscal limitations and go for high spending to revive the economy, the industry has welcomed it for more reasons. One couldn’t help but notice during […] Read more
Budget 2021 Highlights For Solar Sector Updated On Mon, Feb 1st, 2021 by Saurenergy In a budget speech that will eventually be termed as focused on fire-fighting and consolidating reforms, Finance Minister Nirmala Sitharaman announced her budget today. For the solar sector, the big shock is undoubtedly the increase in customs duty on solar inverters from 20 percent. Including inverters, which have a much smaller share in overall project […] Read more
RE Plus Storage is Cost Competitive With new Coal Plants in Tamil Nadu: Report Updated On Thu, Jan 28th, 2021 by Saurenergy A new economic viability analysis reveals that RE along with battery storage in Tamil Nadu is cost-competitive with new coal power plants. A new economic viability analysis reveals that renewable energy (RE) along with battery storage in Tamil Nadu is cost-competitive with new coal power plants. The report finds the levelised cost of energy (LCOE) […] Read more
EDEN Renewables India Closes 165 Mn Loan for 450 MW Solar PV Project Updated On Wed, Jan 27th, 2021 by Saurenergy EDEN Renewables India (EDEN), a joint venture of two world leaders in renewable energy Total Eren and EDF Renouvelables, has secured a financial close for its 450 MW solar PV project which it won in a Solar Energy Corporation of India (SECI-III) auction, with a group of three major international banks. The SECI III project […] Read more
Tender Issued for 40 MW Rooftop Solar Projects in Madhya Pradesh Updated On Fri, Jan 22nd, 2021 by Saurenergy MPUVNL has tendered for the discovery of tariff and the selection of SPDs for implementation of 40 MW of rooftop solar systems in Madhya Pradesh Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) has issued a tender, inviting bids from eligible bidders, for the discovery of tariff and the selection of Solar Power Developers (SPDs) for […] Read more
RUMSL Tenders for DPR of 950 MW Solar & 600 MW Floating Solar Project in Madhya Pradesh Updated On Tue, Jan 19th, 2021 by Saurenergy Rewa Ultra Mega Solar Limited (RUMSL) has released the RfP for the Preparation of DPR for the development of identified Solar Parks in Madhya Pradesh RUMSL, a Joint Venture formed between Solar Energy Corporation of India Ltd (SECI) and Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL), has issued a tender to select firms to prepare […] Read more
E2W Firm Simple Energy to Invest Rs 45 Crore on Production Facility Updated On Tue, Jan 19th, 2021 by Saurenergy Simple Energy, all set to roll out its maiden electric scooter, is planning to invest around Rs 45 crore in setting up a production facility Bengaluru-based EV start-up Simple Energy, which is all set to roll out its maiden electric scooter in the first half of 2021, is planning to invest around Rs 45 crore in […] Read more
EPTA Seeking Resolution of RoW for RE Evacuation Projects in Gujarat Updated On Mon, Jan 18th, 2021 by Saurenergy The EPTA wants timely government intervention for securing RoW resolution so that transmission projects for the evacuation of RE power in Gujarat can resume development at the earliest The Government of India has set a target for establishing 175 GW renewable capacity in the country by 2022 which includes 100 GW of solar and 60 […] Read more
