What Led to the Surge in REC Purchases by DISCOMs? Updated On Fri, Apr 11th, 2025 by Saurenergy Union Minister of State for New and Renewable Energy Shripad Yesso Naik, in his latest statement before the Parliament, indicated that the Renewable Energy Certificates (RECs) have seen an upsurge. He attributed this surge to the changes in policy, which have made it more favorable for the power distribution companies (discoms) in the state. He […] Read more
JSW Acquires 4.7 GW RE Platform From O2 Power For ₹12,468 Cr Updated On Thu, Apr 10th, 2025 by Saurenergy JSW Neo Energy Limited (JSW Neo), a JSW Energy Limited subsidiary, has completed the acquisition of a 4.7 GW renewable energy (RE) platform from O2 Power Pooling Pte. Ltd. (O2 Power), a platform jointly established by global investment organisations EQT & Temasek in 2020. The platform is valued at approximately ₹12,468 crores, after adjustments under […] Read more
As Fy25 Ends, A Mixed Message For Solar From Regulators, Courts Updated On Tue, Apr 1st, 2025 by Saurenergy The final week of March, also the end of the financial year 2024-25, saw a troika of rulings in favour of solar, and solar customers by extension, across key states of Maharashtra, Karnataka and Tamil Nadu. Maharashtra Regulator Backs Solar With Vote For Status Quo In Maharashtra, the Maharashtra Electricity Regulatory Commission (MERC) […] Read more
Energy Storage Lead Updated On Thu, Mar 6th, 2025 by Saurenergy The role shall focuses on developing cost models and designing solutions for BESS and PSP projects, particularly for renewable energy tenders (FDRE, RTC) and C&I consumers. Responsibilities include bottom-up costing, technology evaluation and LCOE/LCOS analysis for various storage durations and applications. The role involves structuring storage solutions for C&I clients under different models (Open Access, […] Read more
Enfinity Eyes Expansion in Gujarat, Andhra, TN & Beyond Updated On Tue, Mar 4th, 2025 by Saurenergy In this interview with Saur Energy, Sandip Agarwal, Chief Executive Officer (CEO) India, of Enfinity Global—a US-based company—shared the company’s plans to steadily expand its presence in India. In the interview Enfinity Global revealed that it is actively exploring new opportunities in Gujarat, Andhra Pradesh, Tamil Nadu, Chhattisgarh, Odisha, and Haryana. The company also shared […] Read more
Grew Solar Plans To Enter Foreign Markets, Eyes Exports By CY25 Updated On Tue, Mar 4th, 2025 by Saurenergy Can you give an overview of the journey of Grew since its inception? GREW Solar has been strengthening its presence in India since its inception in 2022. The first production unit was set up at Dudu, close to Jaipur, Rajasthan, which has been successfully operating for almost 2 years now. Recently, the company has a […] Read more
Juniper Green Energy Raises $1bn In Debt Financing Updated On Mon, Feb 10th, 2025 by Saurenergy Renewable energy developer Juniper Green Energy has successfully secured US$1 billion in phased debt financing over the past few months from leading financial institutions, including Power Finance Corporation Limited (PFC), DBS Bank, HSBC Bank, and the Indian Renewable Energy Development Agency Limited (IREDA). This funding will support the growth and development of Juniper Green Energy […] Read more
Inox Wind’s New Venture Inox Solar To Bid For Govt Tenders Updated On Mon, Feb 10th, 2025 by Saurenergy Indian wind energy company Inox Wind is optimistic about entering the Indian solar market with its new venture, Inox Solar. The solar arm of the firm plans to participate in hybrid tenders, allowing the group to establish such projects independently without external involvement. The top management of the publicly listed company, in its latest investors’ […] Read more
Renewable Energy Tariffs Drop 50% Since FY 2013-14: Govt Updated On Thu, Feb 6th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) said that renewable energy tariffs in the country have gone down up to 50% since 2013-14. The information was furnished by the ministry before the Parliament in a written reply. Mentioning the range of tariff rates, the MNRE Minister Pralhad Joshi said, “The range of tariffs discovered […] Read more