Solar mfg generating 30,000 jobs, govt. tells Parliament Updated On Thu, Mar 17th, 2022 by Saurenergy The Minister of State for New and Renewable Energy (MNRE) Bhagwanth Khuba has told Parliament that the solar manufacturing industry is providing 29,900 new jobs every year. The employment generated is based on the installed capacity as the Minister informed the Rajya Sabha. Also, Power Minister RK Singh said that India has achieved 40 per […] Read more
IFC to advise on 600MW Solar Power Park in India Updated On Wed, Mar 16th, 2022 by Saurenergy International Finance Corporation (IFC), an institution of the World Bank that focuses on private sector funding and TUSCO Ltd, a Joint Venture Company of THDCIL and Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) have signed an advisory mandate with IFC. Under this mandate, which IFC will support TUSCO in the development of 600MW […] Read more
With formal approval, 20 GW of RE capacity on its way for green corridor Updated On Wed, Mar 16th, 2022 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has notified the President’s approval for the implementation of the “Intra-state Transmission System Green Energy Corridor (GEC) Phase- II” scheme, which will enable the creation of intra-state transmission infrastructure required for the power evacuation of renewable power projects in the country. The projects, which would have approx. […] Read more
Andhra High Court Rules in Favour of Solar, Wind Developers Updated On Wed, Mar 16th, 2022 by Saurenergy In a judgement that seeks to put to rest all uncertainties regarding the sanctity of Power Purchase Agreements and the competency of experts who decided on rates, the Andhra Pradesh High court has ruled in favour of solar and wind developers in the case against the state discoms, and by default, the Andhra state government. […] Read more
Four Solar Power Projects Worth 6.5 MW Floating Up in Chandigarh Soon Updated On Tue, Mar 15th, 2022 by Saurenergy Chandigarh Renewable Energy and Science and Technology Promotion (CREST) will develop four solar power projects totaling 6.5 MW capacity in different locations of Chandigarh. The cost of this solar expansion will be Rs 43 crore. As far as the projects are concerned, two will be first of their kind. These solar power projects will be […] Read more
Ayana and Maxeon Complete and Commission 192MWp Bikaner 1 Project Updated On Mon, Mar 14th, 2022 by Saurenergy Ayana Renewable Power and Maxeon Solar Technologies have announced the completion and commercial operation of the 192 megawatt (MW) Bikaner 1 Solar Farm in Rajasthan. It’s a utility-scale solar power plant built in the second half of 2021 and commissioned in December 2021. Bikaner 1 solar power plant has utilized a total of nearly 398,000 Performance 3 […] Read more
Nagaland Will Develop its First Solar Power Project in Dimapur Updated On Fri, Mar 11th, 2022 by Saurenergy The state government of Nagaland has signed a power purchase agreement (PPA) with Hyderabad based Halo Energie Pvt Ltd to develop Nagaland’s first greenfield solar power project in Dimapur. Halo Energie is an independent power producing company. As per the details, the solar power project will be of 20MW and constructed over more than 120 […] Read more
New Solar PLI Scheme Changes Updated On Fri, Mar 11th, 2022 by Saurenergy Details on the new solar PLI scheme for the Rs 19,500 crores that was announced in the budget are still to come out formally. With a first PLI scheme that had a corpus of ‘just’ Rs 4,500 already having been concluded, it’s fair to expect some quick movement with part 2 now. However, reports and […] Read more
RERC approves levelised tarrif of Rs 2.89 For Kusum Component C Project Updated On Wed, Mar 9th, 2022 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) recently ruled in favour of Jaipur Vidyut Vitran Nigam Ltd. (JVVNL), which had requested the commission to approve the levelized tariff discovered through competitive bidding for a 4.24 MW pilot solar power project for feeder level solarization under Component-C of the PM-KUSUM scheme. The Ministry of New and Renewable Energy […] Read more
