MNRE Finalises BESS Mechanisms For ‘Round-the-Clock’ Renewable Energy Updated On Mon, Feb 26th, 2024 by Saurenergy A meeting was held by Union Minister for Power and New & Renewable Energy RK Singh on February 22 regarding finalising the structure for operationalizing the scheme for Viability Gap Funding (VGF) for the development of Battery Energy Storage Systems (BESS) with a capacity of 4,000 Megawatt Hours (MWh). The minister emphasised that the price […] Read more
PM To Launch Solar, Other Projects In Chhattisgarh On Feb 24 Updated On Fri, Feb 23rd, 2024 by Saurenergy PM Narendra Modi will launch a slew of solar and other energy-related projects worth Rs 34,400 crore in Chhattisgarh on February 24. The inauguration will take place during ‘Viksit Bharat Viksit Chhattisgarh’ programme on the same day. These projects will cater to several important sectors including roads, railways, coal, power, and solar energy among others. […] Read more
MSEB Solar Agro Power Issues Tenders To Procure 3,048 MW Solar Power Under PM-KUSUM Updated On Fri, Feb 23rd, 2024 by Saurenergy Maharashtra State Electricity Board’s wholly owned subsidiary, MSEB Solar Agro Power Ltd, has issued 14 tenders to procure 3,048 MW of solar power under Component C of Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) programme for feeder-level solarization. According to the tender document, the last date for the submission of bids is February […] Read more
Vikram Solar Secures Spot In BNEF Tier 1 Global Module Makers List Updated On Thu, Feb 22nd, 2024 by Saurenergy Solar module manufacturer Vikram Solar announced that it has once again achieved Tier 1 status in BloombergNEF’s prestigious global module manufacturers list adding, “This recognition underscores the company’s enhanced efficiency, bankability, and production of high-quality products.” BNEF stands as a reputable industry research organisation in the field of new energy, recognised for its credibility and […] Read more
SJVN Concludes 1500 MW Wind-Solar Hybrid Auction With Competitive L1 Tariff of Rs 3.43/kWh Updated On Wed, Feb 21st, 2024 by Saurenergy Satluj Jal Vidyut Nigam Limited (SJVN), a renewable energy sector company has announced that it successfully concluded a reverse auction for a 1500 MW wind-solar hybrid project on February 20. The auction witnessed competitive bidding, resulting in the establishment of an opening L1 tariff of INR 3.43 per kWh. During the auction, Juniper Green Energy […] Read more
U-Solar and GMR Ink Deal to Develop Solar Projects Across India Updated On Wed, Feb 21st, 2024 by Saurenergy GMR Green Energy Limited, the renewable arm of the GMR Group, and U-Solar Clean Energy Solutions, a Bengaluru-based solar EPC and RESCO company, have signed a Memorandum of Understanding (MoU) to execute their 250 MWp pipeline of solar projects across multiple states in India within the next 2 years. According to a media release by […] Read more
Pahal Solar Starts Building 1.8 GW Solar Module Manufacturing Facility in Gujarat Updated On Mon, Feb 19th, 2024 by Saurenergy Gujarat-based Solar PV Manufacturer Pahal Solar held its groundbreaking ceremony regarding the construction of a manufacturing facility. The facility will lead the production of 1.8 GW of advanced photovoltaic modules in Atodara, Olpad, Gujarat. According to the press document, the company stated that the manufacturing facility promises to set new industry standards by ensuring a […] Read more
COVER STORY: Increased Govt Thrust Set To Give Rooftop Solar Financing A Fillip Updated On Tue, Feb 13th, 2024 by Saurenergy Days after the announcement of PM Suryodaya Yojana on January 22, its impact was felt in different parts of the country. Several states, ministries, energy regulators and companies seem to be in a race to enable faster adoption of rooftop solar. Union Minister for New and Renewable Energy already announced increasing subsidies for residential rooftop […] Read more
JSW Energy Crosses 10 GW Locked-In Capacity With 500 MW LOA From SECI Updated On Tue, Feb 13th, 2024 by Saurenergy JSW Neo Energy Limited or JSW Neo, a wholly owned subsidiary of JSW Energy Limited, recently announced that it received a Letter of Award (LoA) for 500 MW wind capacity from Solar Energy Corporation of India Limited (SECI) JSW received this award against tariff based competitive bid invited for setting up of 1,350 MW ISTS-connected […] Read more
