ACME’s Subsidiary Secures Rs. 1,988 Cr Financing From PFC Updated On Thu, Dec 26th, 2024 by Saurenergy ACME Renewtech Private Limited, a subsidiary of Haryana-based ACME Solar Holdings (ACME Solar) recently secured Rs. 1,988 crore term loan financing from Power Finance Corporation (PFC). This financing will fund the development and construction of a 300 MW Solar-Wind Hybrid Renewable Energy Project. The project will be located in high-resource potential areas, with solar capacity […] Read more
News Briefs- Sungrow’s PowerTitan 2.0 In Greece, Longroad-META Deal, Repowering Wind In Germany Updated On Thu, Dec 26th, 2024 by Saurenergy Sungrow’s PowerTitan to Power 105MWh Storage Projects In Greece Sungrow, the world’s leading provider of photovoltaic inverters and energy storage systems, has entered a strategic partnership with KTISTOR Energy for the implementation of its PowerTitan 2.0 liquid-cooled battery energy storage system (BESS) in several key projects in Greece. Four key energy storage projects in northern […] Read more
Winning Bids Cross Rs 3/kWh In SECI’s 1 GW Solar Tender Updated On Thu, Dec 26th, 2024 by Saurenergy In an ominous sign of changing market dynamics, SECI’s 1000 MW Tranche XVIII tender for ISTS connected solar projects has attracted winning bids, all over Rs 3/kWh. The tender, released in September this year, has ReNew Solar Power( 250 MW at Rs 3.04), Acme Solar holdings (300 MW at Rs 3.05) and Adani Green Energy […] Read more
Bihar Draft Open Access Policy For Green Energy Reduces Limit To 100 kW Updated On Mon, Dec 23rd, 2024 by Saurenergy Bihar recently released a consultative paper on the draft Bihar Electricity Regulatory Commission (BERC) terms and conditions of green energy open access regulations, 2024. The draft aims to provide connectivity and open access to electricity generated from green energy sources. The rules include energy generated from non-fossil fuel-based waste-to-energy plants for use in an Intra-State […] Read more
SJVN Green Invites Bids For 1.352 GW PM-KUSUM Comp-C Project In Maharashtra Updated On Mon, Dec 23rd, 2024 by Saurenergy As part of its efforts to increase the implementation of feeder-level solarization under Component-C of PM-KUSUM, SJVN subsidiary SJVN Green has now released a tender to install 1,352 MW capacity through solar power projects across 102 locations in four districts of Maharashtra. These districts are Pune, Nashik, Ahmednagar, and Solapur. SJVN Green is accepting bids […] Read more
MP Solar Developer Directed to Pay Up To CTUIL By APTEL Updated On Mon, Dec 23rd, 2024 by Saurenergy In an appeal taken all the way to APTEL by SEI Sunshine Power Pvt. Ltd. and its group companies against the Central Electricity Regulatory Commission (CERC), the apex regulator went with the latter in directing the firm to pay up as directed by CERC earlier. The amount involved is Rs 18.25 crores approx. Issue: The […] Read more
CERC Lays Down Process For Scheduling of Infirm RE Power After COD Updated On Mon, Dec 23rd, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC) published the Indian Electricity Grid Code (IEGC) Regulations, 2023, which came into effect on October 1, 2023. Amendments and orders have been issued to address difficulties in implementing certain provisions. The commission has the power to issue Removal of Difficulties order where it feels the intent of the rules […] Read more
BluPine Energy, Suprajit Partner To Procure Solar Power From Karnataka Project Updated On Fri, Dec 20th, 2024 by Saurenergy Gurugram-based BluPine Energy recently signed a long-term Power Purchase Agreement (PPA) with Suprajit Engineering to enhance its renewable power supply. Suprajit Automotive Private, the company’s subsidiary, entered into a Shareholders’ Agreement (SHA) with BluPine Energy Private Limited (BluPine) and Solarcraft Power India 26 Private Limited (Solarcraft 26). The company added, “The Share Subscription Agreement (SSA) […] Read more
ACME Solar Commissions 1 GW Solar Projects In Rajasthan Updated On Thu, Dec 19th, 2024 by Saurenergy Haryana-based ACME Solar Holdings Limited (ASHL), has now commissioned its four ISTS-connected SECI projects. These solar projects aggregated to 1.02 GW are located in Jaisalmer, Rajasthan. They are part of a 1200 MW cluster spread over 4 projects. This achievement marks the commissioning of one of the largest single-location projects in India. The remaining capacity […] Read more
