IEX March’22 Update-Green Trading Contracts, High Avg. Solar Prices Of Rs 5.64/unit Updated On Wed, Apr 6th, 2022 by Saurenergy The Indian Energy Exchange (IEX) achieved 9,605 MU volume in March’22 comprising 8,702 MU in the conventional power market, 392 MU in the Green Power Market and 511 MU (5.11 lac Certificates) in the REC Market registering 16% YoY volume growth across all market segments. The volumes in the Green Power market as well as […] Read more
Japanese conglomerate Mitsui to invest in ReNew Power’s RTC project Updated On Wed, Apr 6th, 2022 by Saurenergy ReNew Power on Wednesday said Japan’s trading firm Mitsui & Co will invest in the Indian firm’s round-the-clock renewable energy project aggregating 1,300 Mw and 100 MWh battery storage. ReNew Power last year signed 400 Mw round-the-clock (RTC) power purchase agreement to supply electricity to Solar Energy Corporation of India (SECI). For the 400 Mw […] Read more
Tata Power Solar Commissions 160MW AC solar project in Rajasthan Updated On Wed, Apr 6th, 2022 by Saurenergy Tata Power Solar, a major integrated solar company and a wholly-owned subsidiary of Tata Power, has commissioned a 160MW AC solar project at Jetstar, Rajasthan. Approximately 6,75,000 numbers of monocrystalline PV modules were used in this installation and it will produce 387MUs of energy per year, an official statement said. “The Jetstar project was completed […] Read more
“Land is governed not only by ownership but also by the nature of ownership on record and on the ground” Updated On Mon, Apr 4th, 2022 by Saurenergy When it comes to renewable projects in India, one of most critical yet underestimated aspects remains land acquisition. Always a sensitive issue in the country, land acquisition for renewable projects can be a really tricky issue for many developers, leading to long, and expensive project delays. While local land aggregation firms and individuals have always […] Read more
Solar Cell Imports Close to Double in First 9 Months of 2021-22: R.K Singh Updated On Fri, Apr 1st, 2022 by Saurenergy New & Renewable Energy Minister RK Singh informed Parliament that the imports of solar cells in the April-January 2021-22 period were of $3,447 million which is a huge growth from the corresponding period of the last fiscal and most imports were from China. In terms of rupees the imports will come to around Rs 26,000 […] Read more
Tamil Nadu Reclaims No. 1 Spot for Renewable Energy Updated On Mon, Mar 21st, 2022 by Saurenergy Tamil Nadu has recently made it to the top of the list of Indian states ranked as per their overall installed renewable energy capacity, seizing the position from Karnataka. Interestingly, the latter toppled Tamil Nadu in 2018 to become the leader in total installed capacity in the clean energy sector, following big capacity additions in […] Read more
India’s leading Industrialised states continue to lead the solar push also Updated On Mon, Mar 21st, 2022 by Saurenergy The Indian renewables sector made many a strong effort towards advancement last year, with PM Narendra Modi committing to a new target of achieving net-zero carbon emissions by 2070. the nation continued to add green power capacity, and the country’s two richest business tycoons laid out plans to invest thousands of crores in the sector. […] Read more
Punjab Invites Bids for 217 MW Solar Power Projects Under PM-KUSUM Updated On Mon, Mar 21st, 2022 by Saurenergy The Punjab Energy Development Agency (PEDA) has invited applications from farmers, groups of farmers, panchayats, cooperatives, Farmer Producer Organisations (FPOs) and water use associations in Punjab for setting up of solar power plants of individual capacity of 1MW, 1.5 MW and 2 MW. the move comes even as Punjab struggles to find a way out […] Read more
Bharat Serums acquires 26% stake AMP Energy C&I One Updated On Mon, Mar 21st, 2022 by Saurenergy Bharat Serums and Vaccines (BSV), a leading biopharmaceutical company in India, has announced that it has acquired a 26% stake in AMP Energy C&I One. Though both the companies have not yet disclosed the financial details of the deal, the acquisition is meant to supply green energy for its manufacturing facility in Ambernath in Maharashtra. […] Read more
