Solalite Power & ACME Take Home Highest Capacity in NTPC 1500 MW Wind-Solar Tender Updated On Thu, Dec 28th, 2023 by Saurenergy NTPC Ltd. has recently finalized a highly competitive bidding process for wind-solar hybrid power procurement in Tranche-1 (ISTS), open for development anywhere in the country. The tender, boasting a capacity of 1,500 MW, culminated in a reverse auction held on December 27, 2023. The initial L1 tariff was set low at INR 3.35 per kilowatt-hour […] Read more
SUCRL Seeks Land Aggregators for Solar Park of 700 MW Capacity Updated On Thu, Dec 28th, 2023 by Saurenergy SUCRL (Saurya Urja Company of Rajasthan Limited) has issued a tender for the development of a 700 MW solar park on private lease land in any of the location of the four districts, that is, Bikaner, Barmer, Jaisalmer and Phalodi and in the vicinity area of upcoming ISTS grid substation. The last day for the […] Read more
The Success Story of Solar Lighting in Rural Landscapes Updated On Wed, Dec 27th, 2023 by Saurenergy By Shashank Donthi, CEO of Hynetic Electronics Solar lighting in rural landscapes have gained popularity and extensive deployment in India due to their eco-friendly nature and cost-effectiveness. These lights harness solar energy during the day using photovoltaic panels and store it in batteries for illumination during the night. India’s rural communities form the foundation of […] Read more
Ostro Energy Eligible For Compensation Due To Change In GST Rates: CERC Updated On Wed, Dec 27th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest judgement awarded compensation to Ostro Energy Private Limited, a renewable energy company. The compensation was awarded to it on account of surge in Goods and Services Tax (GST) after submitting its bid for a government project. As per the case details, Ostro Energy is a power […] Read more
JinkoSolar Becomes The First PV Firm To Get SBTi Validated Net-Zero Targets Updated On Wed, Dec 27th, 2023 by Saurenergy Global solar module manufacturer JinkoSolar has now become the first solar PV firm globally to get its net-zero targets validated with SBTi (Science Based Targets initiative). SBTi is a global body enabling businesses to set ambitious emissions reductions targets in line with the latest climate science. Additionally, it is the second company in mainland China […] Read more
Evolve Tender Specifications To Boost Indian Floating Solar Sector: World Bank Report Updated On Tue, Dec 26th, 2023 by Saurenergy A latest report by the World Bank on the state of India’s floating solar segment said that the country needed to evolve tender specifications to boost the sector. The report mentioned that while India has a 300 GW potential for floating solar, merely 350 MW of the technology could be deployed till now. The report […] Read more
Gujarat Hosts 30% of India’s Total Rooftop Solar Capacity: Data Updated On Tue, Dec 26th, 2023 by Saurenergy Latest data on rooftop solar, shared by Union Minister for New and Renewable Energy RK Singh claimed that 30 percent of India’s total rooftop solar capacity comes from Gujarat alone. With a total capacity of 3.17 GW of rooftop solar, the state proved to be the frontrunner in India’s rooftop solar business. The data was […] Read more
Solar Faces Challenges in Procurement, Supply Chain Strategy: Rystad Updated On Tue, Dec 26th, 2023 by Saurenergy Rystad in its report lays importance on the need for development of procurement strategy for leading supply chain strategy, while prioritizing cost-effectiveness and sustainability. The report finds the supply chains system for oil and gas equipment and services to be relatively fragmented and geographically diverse. It found to be spread with suppliers coming from Europe, […] Read more
NTPC Looks for Solar Power Developers in 1500 MW Tender Updated On Tue, Dec 26th, 2023 by Saurenergy NTPC Ltd. has issued a tender inviting online bids from eligible bidders on single stage two Envelope (that is, envelope-I: technical bid and envelope-II: financial bid) with reverse auction for the selection of solar power developers in 1500 MW tender. These ISTS connected solar power projects will be established anywhere in India. The last day […] Read more