NHPC in MoU with GRIDCO for 2 GW Pumped Storage, 1 GW Solar in Odisha Updated On Mon, Jun 26th, 2023 by Saurenergy Hydropower developer NHPC Ltd, has entered into an MoU (Memorandum of Understanding) with Grid Corporation of Odisha (GRIDCO). The agreement will pave the way for the development of pumped storage and renewable energy projects in Odisha. As per the agreement, pumped storage projects of a minimum of 2 GW and renewable energy projects that shall […] Read more
Odisha Most Prone To The Adverse Impacts Of Net Zero Ambitions: Report Updated On Tue, Jun 20th, 2023 by Saurenergy A latest report by the Climate Policy Initiative (CPI) claimed that Odisha is the country’s most vulnerable state regarding the adverse impacts of India’s net-zero ambitious net-zero plans. The international think-tank, in their ‘vulnerability assessment report,’ studied the risks faced by India’s coal-bearing states. It comes with the anticipated phasing out of coal and an increase in […] Read more
BSNL Issues Tender for 10 MW Rooftop Solar Projects Updated On Wed, Jun 14th, 2023 by Saurenergy Bharat Sanchar Nigam Limited (BSNL) has issued a tender inviting bids for the selection of project developers for the installation of 10 MW of grid-connected rooftop solar projects. These projects will be established across its buildings in several states. The projects are to be executed under the renewable energy service company (RESCO) model. The last […] Read more
SECI Issues Tender for Selection of Consultancy Firm for 100 MW SPV Project with 40 MW/120 MWh BESS Updated On Tue, Jun 13th, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) has issued a tender for consulting services for the selection of consultancy firm for owners engineer services for 100 MW SPV Project along with 40 MW/120 MWh BESS at Rajnandgaon, Chhattisgarh and 100 MW Floating Solar PV Project at Getalsud, Jharkhand. The last date for submission of bids […] Read more
ChakraPaani: A ‘Solar Hand Pump’ Designed to End Rural India’s Water Woes Updated On Fri, Jun 9th, 2023 by Saurenergy The MSME sector is proving its worth in the age of innovation and creativity. One such firm in Kanpur, Shri Ram Rashmi Industries has come up with a new solar hand pump called ChakraPaani which it claims needs just a third of solar energy electricity compared to other solar pumps. When the radiation is low, […] Read more
CERC Asks SECI to Compensate Developer For BCD On Solar Cells Updated On Mon, Jun 5th, 2023 by Saurenergy The CERC has maintained that ReNew Solar Energy (Jharkhand Three) Private Limited is entitled to compensation on a PPA signed with the Solar Energy Corporation of India Limited (SECI) following the imposition of safeguard duty on solar cells/modules. The firm said that the imposition has resulted in an increase in the rate of Basic Customs […] Read more
Indonesia, India & China Account for Almost 70% of Demand for Floating PV in ’22: WoodMac Updated On Thu, Jun 1st, 2023 by Saurenergy A report released by Wood Mackenzie says that the global floating solar market is set to top 6 GW threshold by 2031. In a significant finding, the report adds that 15 countries are estimated to cross 500 MW of cumulative floating PV installations by 2031. These include China, India, Indonesia, South Korea, Vietnam in the […] Read more
South Eastern Railway Invites Bids for 13.54 MW Solar Rooftop Projects Updated On Mon, May 29th, 2023 by Saurenergy South Eastern Railway (SER) has floated tenders that invite bids for the establishment of 13.54 MW of grid-connected rooftop solar photovoltaic (PV) projects in railway zones. These are for the three states of Odisha, Jharkhand, and West Bengal and will be achieved through public-private partnerships. As per the tender, the projects will have to be […] Read more
CERC Orders Compensation To Hero Solar SPV Over Surge In GST Rates Updated On Thu, May 18th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest judgment, ordered giving financial compensation to Clean Solar Power (Jodhpur) Private Limited on account of the escalation of Goods and Services Tax (GST) rates from five percent to 12 percent in 2021. Clean Solar Power is a Special Purpose Vehicle (SPV) of Hero Solar Energy. The solar […] Read more