Datta Infra To Invest ₹5000cr In Rajasthan’s RE Sector, Signs MoU Updated On Wed, Nov 20th, 2024 by Saurenergy Datta Power Infra has now signed a Memorandum of Understanding (MoU) with the Rajasthan government. The MoU envisages an investment of ₹5,000 crore in the state’s renewable energy sector. The investment aims to transform Rajasthan into a key hub for renewable energy. The firm plans to do this by boosting solar, wind, and hybrid power […] Read more
GPES Strengthens Board With Key Leadership Inductions Updated On Wed, Nov 20th, 2024 by Saurenergy GP Eco Solutions, the Noida-based solar and storage solutions firm that listed on the SME Exchange earlier this year, has moved to strengthen its board with the induction of three industry stalwarts in the form of KS Popli, AK Jain and UN Tripathi. Popli retired as Chairman and Managing Director at IREDA in 2019, after […] Read more
Tata Power, DGPC Forge Partnership For Clean Energy in Bhutan Updated On Wed, Nov 20th, 2024 by Saurenergy In a move towards regional energy cooperation, India’s integrated power company Tata Power has partnered with Bhutan’s Druk Green Power Corporation Ltd. (DGPC) to develop 5,000 MW of clean energy capacity. This collaboration aims to bolster energy security and accelerate the transition to sustainable energy across South Asia. Key Highlights of the Collaboration Strengthening Bhutan’s […] Read more
Saatvik Moves Forward To Issue IPO, Files DRHP With SEBI Updated On Wed, Nov 20th, 2024 by Saurenergy Ambala-based solar module manufacturing company Saatvik Solar has now taken its initial formal steps to venture into the stock market. The solar company has now filed its documents with the Securities and Exchange Board of India (SEBI). The firm plans to issue its Initial Public Offering (IPO) to raise a quantum of Rs 1,150 crore. […] Read more
Green Stocks Nov 19: Strong Show, Some Gains Surrendered By Closing Updated On Tue, Nov 19th, 2024 by Saurenergy On a volatile day for the market where it looked like a strong recovery was underway after 7 sessions of losses, our Green pack led the charge with most stocks outperforming market gains. Only to be tripped up by profit booking towards the close when most gave up some, or all of their gains. Shakti […] Read more
UP To Use Hybrid Rooftop Solar For Govt Buildings, Issues Tender Updated On Tue, Nov 19th, 2024 by Saurenergy The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has issued a tender to accelerate the adoption of hybrid rooftop solar systems. The state’s nodal agency for clean energy plans to deploy these systems on government buildings. Hybrid rooftop solar systems integrate grid-connected rooftop solar installations with additional battery backup. This setup enables the […] Read more
CEA Approves Uniform Protection Protocol For BESS, Substations Updated On Tue, Nov 19th, 2024 by Saurenergy The Central Electricity Authority (CEA) recently introduced uniform protection protocol to ensure grid stability, reliability, security and to supports the greater integration of 450 GW renewable energy into the national grid by 2030 and ambitious target of 2100 GW of Renewable energy by 2047. The protection schemes protocol addresses the protection requirements for thermal and […] Read more
SECI’s Plea For Extra Trading Margin In BESS Deal Fails To Cut Ice With CERC Updated On Tue, Nov 19th, 2024 by Saurenergy In an interesting take on what constitutes fair margins, the Central Electricity Regulatory Commission (CERC) considered a plea by SECI on an additional margin of Rs. 0.07/kWh for facilitating the sale/ purchase, scheduling, accounting, charging, and discharging of BESS for Grid Ancillary Services (150 MW) portion through IDAM/ RTM/TAM/Bilateral mode on behalf of the National […] Read more
Brazil Pushes Up Solar Tariffs To 25 Percent Updated On Tue, Nov 19th, 2024 by Saurenergy Brazil, which has emerged as an important destination for Chinese solar exports after the challenges in the US and India, has hiked import tariffs to 25% on module imports, crimping yet another key market for Chinese manufacturers. The new rate follows an earlier tariff of 9.6% that the government has imposed to support the growth […] Read more