Domestic Solar Manufacturing Bodies Get Behind ALMM Updated On Fri, Feb 10th, 2023 by Saurenergy Speculation about the government granting exemption, or ‘grandfathering’ certain projects bid out till early 2021 from complying with the Approved List of Module Manufacturers (ALMM) stipulation, has been gaining pace. With some noted sources going as far as predicting it, multiple domestic solar manufacturer led bodies have found it opportune to put their weight behind […] Read more
Electric CV Distribution and Financing Firm Turno Raises $13.8 m Funding Updated On Fri, Feb 10th, 2023 by Saurenergy Turno, an EV distribution and financing platform firm has announced that it has raised $13.8 million (~ INR 112 crores) in its Series A funding from global investors such as B Capital, Quona Capital, Stellaris Venture Partners and others. The funds will be utilized to expand its Electric Vehicle distribution platform across India and build a complete used battery […] Read more
Maharashtra Races To Top In EV Pile With FAME 2 Fuel Updated On Thu, Feb 9th, 2023 by Saurenergy Maharashtra is leading in the number of EVs sold across all segments. The State has achieved this place with the help of the FAME II Scheme. It has 2.96 lakh EVs out of total 16.73 lakh EVs/hybrids in the country. The next in line are Karnataka and Tamil Nadu with 2,03,592 and 1,69,006 respectively. FAME […] Read more
SJVN Mulls Building 700 MW Solar Power Plant in Kanpur Updated On Thu, Feb 9th, 2023 by Saurenergy State-owned Satluj Jal Vidyut Nigam (SJVN) is mulling over the development of a 700 MW solar power project in Uttar Pradesh’s Kanpur town. According to reports, SJVN has inked a new Memorandum of Understanding (MoU) with the Uttar Pradesh State Industrial Development Authority (UPSIDA) where it will be investing approximately Rs 3400 crore in the […] Read more
TotalEnergies Mulls Over 1 GW Of Solar Power Development in 2023 Updated On Tue, Feb 7th, 2023 by Saurenergy French RE major TotalEnergies will be developing 1 GW of solar power in 2023 as the company has announced that it has reached a new milestone with the signature of 1 GW of green Power Purchase Agreements (PPAs) for self-consumption on the sites of its B2B customers. TotalEnergies calls this performance the result of a […] Read more
IEX Power Market Update for Jan ’23: IEX Clocks In Fiscal’s Highest Monthly Vol of 8639 MU Updated On Tue, Feb 7th, 2023 by Saurenergy The Indian Energy Exchange (IEX), India’s premier energy exchange, achieved 8639 MU cumulative volume in January 2023. This is inclusive of Green Power trade worth 347 MU, and 3.95 lac RECs (equivalent to 395 MU). IEX is India’s premier energy exchange providing a nationwide, automated trading platform for physical delivery of electricity, renewable energy and […] Read more
GRIDCO to Purchase 400 MW Wind Power from SECI Updated On Mon, Feb 6th, 2023 by Saurenergy The Grid Corporation of Odisha (GRIDCO) – a public sector undertaking of Odisha State Government – has said that it will be procuring 400 MW low cost wind power from Inter State Transmission System (ISTS) connected wind energy projects in Karnataka and Gujarat. The green power purchase by GRIDCO will be through Solar Energy Corporation of […] Read more
Goldi Solar Bags NHDC’s EPC Contract on 8 MW Solar Plant to be Set up in MP Updated On Mon, Feb 6th, 2023 by Saurenergy Gujarat-based Goldi Solar has been awarded a project for a tender issues by Narmada Hydro-electric Development Corporation Limited (NHDC). The project is for the design, EPC contract aimed at the development of 8 MW ground-mounted solar PV plant at Sanchi district at Raisen, Madhya Pradesh. The contract includes evacuation arrangement up to DISCOM substation along […] Read more
China Fears Recede Somewhat, As EU’s Green Deal Industrial Plan Worries About US Updated On Mon, Feb 6th, 2023 by Saurenergy If you thought that the renewed push for manufacturing in the US, EU and even India for that matter, was linked to countering China’s dominance of global manufacturing, think again. The European Union has finally released details of its $270 billion Green Deal Industrial plan to spur manufacturing in the continent. In what many see […] Read more
