C&I Segment: Group Captive Mode to Drive Installations in FY24-FY25-CareEdge Ratings Updated On Mon, Aug 7th, 2023 by Saurenergy A new report from CARE Ratings predicts sunny times for solar power through Group captive mode in India’s C&I segment. Commercial & Industrial (C&I) consumers in India have the option to purchase power either through a third-party power plant or through a captive/group captive power plant besides procuring power from the designated utility in their region. […] Read more
Tongwei Becomes First Chinese PV Maker in Fortune 500 List Updated On Mon, Aug 7th, 2023 by Saurenergy China’s Tongwei Group, a powerhouse in the solar manufacturing space made its debut on the Fortune 500 list of 2023 with a revenue of CNY 2148.82 billion and ranked 476th, becoming the first photovoltaic company in the world to enter the Fortune Global 500. At the same time, Tongwei Group ranked 34th on the Return on […] Read more
NTPC Gung Ho On Renewables Targets, Sees Bigger Opportunities Open Up Updated On Mon, Aug 7th, 2023 by Saurenergy National Power Utility NTPC Limited has been in the news for all the right reasons recently. A soaring stock price has been driven by rising power demand, which has meant higher utilisation of NTPC’s coal power fleet, even as NTPC itself has extracted almost 65% higher coal during the year gone by. That, plus a […] Read more
India’s Installed Power Capacity Twice Its Peak Demand: Singh Updated On Fri, Aug 4th, 2023 by Saurenergy Union Power Minister RK Singh said today that India’s total installed electricity generation capacity is now almost double its peak demand. He also boasted that due to the transformation of the Indian power sector, the export of power to neighboring countries became a reality. The minister said, “Today, India has an installed capacity of 421,000 […] Read more
August ALMM Update, Approved Capacity Nears 20 GW Updated On Fri, Aug 4th, 2023 by Saurenergy The Approved Models and Manufacturers of Solar Photovoltaic Modules (ALMM), which is a key measure announced by the MNRE in 2019 to give a boost to domestic manufacturing and reduce reliance on imports has updated its list. The list mandates the enlistment of only those models of solar PV module manufacturers, under ALMM, which comply […] Read more
KPI Green Energy Emerges Winner for 200 MW Project in GUVNL Tender Updated On Fri, Aug 4th, 2023 by Saurenergy KPI Energy has emerged as the winner in the Gujarat Urja Vikas Nigam Limited (GUVNL) tender for development of a solar photovoltaic power project. The firm had participated in the competitive bidding process for the “Purchase of power through competitive bidding process vide RFS No. GUVNL / 800 MW / Khavda / Solar (PhaseXX)” issued […] Read more
A Case For Green Financing For More Transmission Infrastructure Updated On Fri, Aug 4th, 2023 by Saurenergy In a provocative blog on the importance of the transmission sector and its role in the energy transition, two world bank staffers make the case for expanding the definition of green projects when it comes to transmission projects, to ensure faster adaption of these vital infrastructure to handle green energy projects. The article comes at […] Read more
12 States Now Host India’s 50 Solar Parks Updated On Fri, Aug 4th, 2023 by Saurenergy Recent data from Lok Sabha shared by the Union Minister of New and Renewable Minister RK Singh indicated that solar parks have made its entry to 12 Indian states. At the same time, it is still a non-starter in many other states. A written reply by the minister said that these 12 states now host […] Read more
GUVNL Tender: ReNew To Supply Solar Power At Rs 2.71/unit Updated On Fri, Aug 4th, 2023 by Saurenergy ReNew Solar Power is now all set to sell its solar power at the rate of Rs 2.71 per unit, discovered through competitive bidding by the Gujarat Urja Vikas Nigam Limited (GUVNL). The tender on the same was on February 4, 2023, for a 500 MW grid-connected solar project to be set up anywhere in […] Read more
