NHPC Opens Bids For 1.2 GW Wind-Solar Hybrid Tender Updated On Thu, Dec 26th, 2024 by Saurenergy NHPC recently issued a tender to select developers for a 1.2 GW wind-solar hybrid project, with or without energy storage systems. The project includes a greenshoe option, and bids are invited until January 16, 2025. The bidders may use technology-agnostic resources such as crystalline silicon, thin film, or CPV technologies, with or without trackers, for […] Read more
Winning Bids Cross Rs 3/kWh In SECI’s 1 GW Solar Tender Updated On Thu, Dec 26th, 2024 by Saurenergy In an ominous sign of changing market dynamics, SECI’s 1000 MW Tranche XVIII tender for ISTS connected solar projects has attracted winning bids, all over Rs 3/kWh. The tender, released in September this year, has ReNew Solar Power( 250 MW at Rs 3.04), Acme Solar holdings (300 MW at Rs 3.05) and Adani Green Energy […] Read more
Odisha: IREDA Has Sanctioned Over Rs.3,000 Cr For Green Energy Projects Updated On Tue, Dec 24th, 2024 by Saurenergy Pradip Kumar Das, Chairman and Managing Director (CMD), Indian Renewable Energy Development Agency Limited (IREDA) reaffirmed its commitment to Odisha’s ambitious renewable energy target. The CMD emphasized the state’s vision of achieving 10 GW capacity by 2030. Highlighting its support, the Indian Renewable Energy Development Agency Limited (IREDA) has already sanctioned over Rs. 3,000 crores […] Read more
SJVN Green Invites Bids For 1.352 GW PM-KUSUM Comp-C Project In Maharashtra Updated On Mon, Dec 23rd, 2024 by Saurenergy As part of its efforts to increase the implementation of feeder-level solarization under Component-C of PM-KUSUM, SJVN subsidiary SJVN Green has now released a tender to install 1,352 MW capacity through solar power projects across 102 locations in four districts of Maharashtra. These districts are Pune, Nashik, Ahmednagar, and Solapur. SJVN Green is accepting bids […] Read more
MP Solar Developer Directed to Pay Up To CTUIL By APTEL Updated On Mon, Dec 23rd, 2024 by Saurenergy In an appeal taken all the way to APTEL by SEI Sunshine Power Pvt. Ltd. and its group companies against the Central Electricity Regulatory Commission (CERC), the apex regulator went with the latter in directing the firm to pay up as directed by CERC earlier. The amount involved is Rs 18.25 crores approx. Issue: The […] Read more
Zodiac Energy Receives Its First International Solar Order Updated On Fri, Dec 20th, 2024 by Saurenergy Indian Renewable Energy company Zodiac Energy today announced receiving its first international rooftop solar order. The firm in its latest filing before exchanges informed its investors about the details of the order. The firm said that it received the order from Zambia to construct a rooftop solar system on a turnkey basis. This project will […] Read more
ALMM On Solar Cells Can Push Tariffs By 50p/unit: CareEdge Updated On Fri, Dec 20th, 2024 by Saurenergy A latest report by CareEdge Ratings said that the imposition of an Approved List Of Models and Manufacturers (ALMM) for solar cells in India can push solar tariffs up by up to Rs 40 paise per unit to Rs 50p/unit. The Ministry of New and Renewable Energy (MNRE) has planned to bring in ALMM for […] Read more
MNRE Denies RE Projects Failing To Secure PPAs Updated On Thu, Dec 19th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) claimed that renewable energy projects in the country are not failing to secure Power Purchase Agreements (PPAs). Shripad Yesso Naik, Minister of State (MoS) for New and Renewable Energy, addressed the issue of unsold renewable energy in a written statement before the Parliament. This follows reports that […] Read more
APTEL Accepts Solar Thermal Generators Plea, Allows PPA Cancellations Updated On Thu, Dec 19th, 2024 by Saurenergy Direct Natural Irradiance (DNI) proved to be a bugbear for three solar thermal generators who set out to build projects based on figures provided by MNRE in 2010. The three generators, namely M/s. Aurum Renewable Energy Private Limited (in short “AREPL”), M/s. Diwakar Solar Projects Limited (in short “DSPL”) and M/s. KVK Energy Venture Private […] Read more