Space Technology to Fast-track Prime Minister Modi’s Energy Access goals in India Updated On Tue, Jan 10th, 2017 by Saurenergy India Energy Storage Alliance announces collaboration with European Space Agency to explore applications of space technologies for accelerating energy access in India Microgrids – distributed systems of localized generation, distribution network and load – are being increasingly deployed particularly in rural areas of emerging and under-developed countries to achieve energy access. Approximately 87 % of […] Read more
US-India Clean Energy Finance (USICEF) Initiative launched to expand access to distributed clean energy projects Updated On Sat, Dec 17th, 2016 by Saurenergy Minister of State for Power, Coal & New and Renewable Energy and Mines, Piyush Goyal and US envoy Richard Verma on Friday launched US-India Clean Energy Finance (USICEF) Initiative. The U.S.-India Clean Energy Finance facility (“USICEF”) would support project preparation activities for distributed solar projects in order to unlock OPIC financing and mobilize public and private capital to expand access […] Read more
BRICS Bank Open its First Loan Likely for Indian Solar Sector Updated On Mon, Feb 29th, 2016 by Saurenergy The New Development Bank established by BRICS countries is to open up its first loan which is up to USD 2 billion this year by aggregating multilateral lender’s first loan to India which could be for a green solar energy project, president K V Kamath said. Kamath, said the bank is also looking for water […] Read more
Energy Storage Lead Updated On Thu, Mar 6th, 2025 by Saurenergy The role shall focuses on developing cost models and designing solutions for BESS and PSP projects, particularly for renewable energy tenders (FDRE, RTC) and C&I consumers. Responsibilities include bottom-up costing, technology evaluation and LCOE/LCOS analysis for various storage durations and applications. The role involves structuring storage solutions for C&I clients under different models (Open Access, […] Read more
Waiver of ISTS Charges-Will Power Ministry Oblige RE Developers? Updated On Mon, Feb 17th, 2025 by Saurenergy Inter State Transmission Charges or ISTS charges are a key component of power bills across India. Thus, their waiver for renewable energy producers has been a major support on which the energy has grown, by helping keep costs lower than they would otherwise have been. Of course, most states have sought to extract their own […] Read more
Hero Motocorp, CleanMax Partner For Haryana Solar Project Updated On Fri, Feb 7th, 2025 by Saurenergy Delhi-based Hero MotoCorp has entered into an arrangement with CleanMax Enviro Energy Solutions Pvt. Ltd. (CleanMax) to set up a Special Purpose Vehicle (SPV). The two-wheeler manufacturer shared its plans in a regulatory filing; it said, “The investment of up to Rs. 5.15 crore for Solar Power Wheeling project, for the Company’s plants at Dharuhera […] Read more
India’s Solar Cell Capacity To Cross 50 GW By 2027: Crisil Updated On Thu, Feb 6th, 2025 by Saurenergy India’s solar cell manufacturing capacity is set to touch 50-55 GW by fiscal 2027, up five-fold from 10 GW at the end of fiscal 2024, propelled by the government’s policy thrust to reduce imports of cells and modules, a study by Crisil Ratings said. The expansion will entail a capital expenditure (capex) of Rs 28,000-30,000 […] Read more
MERC’s No To Wind-Solar-Thermal Bundling for OA Consumers In Maharashtra Updated On Wed, Feb 5th, 2025 by Saurenergy In an order that left some hope for a future rethink on the issue, the Maharashtra Electricity Regulatory Commission (MERC) has rejected a plea by the Captive Power Producers Association(CPPA) in the state to direct the key state discom/s to allow bundling of solar, wind and thermal power for use by captive consumers too. MSEDCL […] Read more
As India Goes Past 100 GW Solar Milestone, No Time To Rest Updated On Wed, Jan 29th, 2025 by Saurenergy If ever there was a better use of the term turning point, inflection point, or simply the year when everything fell into place, 2024 would probably come the closest for the Indian solar market. These 365 days proved to be a harbinger of several good news for the different stakeholders in the industry, including solar […] Read more
