SECI’s 1200 MW Tranche XI Wind Tender Sees Winning Bids at Rs 2.69/Unit Updated On Fri, Sep 3rd, 2021 by Saurenergy Wind Energy continues to charge up in 2021, with SECI’s Tranche XI tender attracting winning bids at Rs 2.69/unit. The winning firms this time were ReNew Power (300 MW), Sembcorp through its subsidiary Green Wind Infra Energy (180 MW), Evergreen Power through Anupavan Renewables (150 MW). Adani Green scooped up the largest parcel of 450 […] Read more
Ready For High Tide At Jakson Group Updated On Mon, Aug 30th, 2021 by Saurenergy At the closely held Jakson Group, known until recently for its prowess in the diesel genset market rather than renewable energy, setbacks are usually taken in stride. The group has faced its share of challenges in a legacy almost as old as Independent India, thanks to its modest beginnings in 1947. The two big disruptions […] Read more
JinkoSolar Signs Long-term Deal with Germany’s Wacker For Polysilicon Updated On Wed, Aug 18th, 2021 by Saurenergy China’s solar module manufacturer JinkoSolar Holding Co Ltd. has announced signing a deal with Munich-based chemical company Wacker Chemie AG to procure over 70,000 tonnes of polysilicon. The deal has been signed yesterday through its subsidiary Jinko Solar Co Ltd for a long-term polysilicon supply agreement with the German firm. Under the terms of the […] Read more
MNRE Releases Updated ALMM List With 3 New Additions Updated On Wed, Aug 18th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued an updated list of approved manufacturers in its ALMM (Approved list of module manufacturers) list. The List is effective August 17, 2021, with the certifications valid to August 16, 2023, or two years. While broadly in line with the previous list, the fresh list has […] Read more
Borosil Renewables Q1 Results. Some Speed Bumps, But A Long Clear Road Ahead Updated On Thu, Aug 12th, 2021 by Saurenergy Continuing its smart turnaround on the back of high solar glass prices, Mumbai-based solar glass manufacturer Borosil Renewables has reported a net profit of Rs 39.62 crore in Q1 FY22 as against a net loss of Rs 1.87 crore in Q1 FY21. The stunning results follow from a 151.8% YoY increase in net sales to […] Read more
MNRE Issues RLMM List For Wind Turbines Updated On Thu, Aug 12th, 2021 by Saurenergy The Revised list of models and manufacturers (RLMM) for Wind turbines in India has none of the surprises one associates with the ALMM (Approved list of Module Maufacturers) list for solar producers. For where the ALMM list is restricted to domestic manufacturers for now, the RLMM list has as many as 9 out of 14 […] Read more
Reliance Joins Bill Gates, Paulson To Pump $144 M Into Energy Storage Firm Ambri Inc Updated On Tue, Aug 10th, 2021 by Saurenergy Reliance New Energy Solar Ltd (RNESL), Bill Gates, Japan Energy Fund and a few other strategic partners are investing $144 million into US energy company Ambri Inc to help it commercialize and grow its daily cycling, long-duration system technology, and build a domestic manufacturing facility. “This financing supports the commercial growth of our company and technology,” said Dan […] Read more
Govt. Confirms Solar Imports Down To $571 million in 2020-21 Updated On Fri, Aug 6th, 2021 by Saurenergy Yesterday, the Union Power and New and Renewable Energy Minister Raj Kumar Singh while addressing the Lok Sabha announced that India’s solar cells and modules imports fell to $571.65 million in the last financial year (FY20-21) from $2.16 billion and $1.68 billion in FY18-19 and FY19-20, respectively. Till July end, India had imposed tariff and […] Read more
Safeguard Duty Update on Solar from Power Minister’s Press Conference Updated On Fri, Jul 30th, 2021 by Saurenergy In his first formal update on the issue of Safeguard Duty (SGD) on solar imports, that expired yesterday, Power and MNRE minister R.K. Singh had a completely new take on the way forward. He was responding to a specific question asked on the issue by Saur Energy Asserting that the best way out was to […] Read more
