APTEL Refuses To Provide Relief To ReNew In 300 MW Wind Project Updated On Wed, Sep 11th, 2024 by Saurenergy The Appellate Tribunal for Electricity, in an order dated September 10, has ruled on a case involving ReNew (through ReNew Naveen Urja Private Limited) and SECI , and by extension, CERC. Case Overview: Renew Naveen Urja Private Limited (Appellant) vs. Central Electricity Regulatory Commission (CERC) & Solar Energy Corporation of India Limited (SECI). ReNew sought […] Read more
Tamil Nadu Seeks To Boost Wind Power With New Repowering Policy Updated On Wed, Sep 11th, 2024 by Saurenergy Tamil Nadu, which already has around 10 GW of installed capacity of wind energy is now aiming to given an impetus to its wind sector. With an aim to spur the growth of wind energy in the southern state, the Tamil Nadu Green Energy Corporation Limited has now notified its Wind Repowering Policy. As per […] Read more
Trinasolar Gets €150 Mn Credit Facility To Support IPP Transition Updated On Wed, Sep 11th, 2024 by Saurenergy Trinasolar (Luxembourg) Holdings S.A.R.L., a subsidiary of Trina Solar Co., Ltd., has secured a €150 million revolving credit facility from Banco Santander to accelerate the growth of its downstream division, Trinasolar International System Business Unit (ISBU). The company now plans to focus on the development of utility-scale solar power and battery storage projects with this […] Read more
MNRE Proposes RESCO, Aggregation Model To Boost Rooftop Solar Updated On Wed, Sep 11th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has released draft guidelines aimed at boosting the growth of the residential rooftop solar segment. According to the draft plan, rooftop solar systems can be installed on consumers’ rooftops without requiring any initial capital investment. The ministry has asked the public and the stakeholders concerned to send […] Read more
APTEL Sets Aside HERC Ruling, Awards Right To Sell Solar Power At Rs 5.68/unit Updated On Mon, Sep 9th, 2024 by Saurenergy The Appellate Tribunal For Electricity (APTEL), in a key judgement involving the Haryana Electricity Regulatory Commission (HERC), the Haryana Power Purchase Centre and some individual petitioners, issued an order setting aside the decision of HERC. In its order, the APTEL bench directed the HPPC to enter into a PPA to purchase power at the rate […] Read more
candi solar Aims To Touch 200 MW Capacity In India By FY25: Nishant Sood Updated On Mon, Sep 9th, 2024 by Saurenergy How a solar company from Switzerland planned to invest in India? The main purpose of candi solar our company was to provide access to solar energy to industries, commercial entities, and any business entity that otherwise couldn’t access it. When we began our operations in India, around six years ago, PPA contracts were complex—70 pages […] Read more
DERC Allows SCOD Extension To Tata Power For Hybrid Project Updated On Fri, Sep 6th, 2024 by Saurenergy In some relief for the developer, the Delhi Electricity Regulatory Commission (DERC) allowed Tata Power Renewable Energy an extension for its Karnataka hybrid project. The company is now developing a 510 MW of wind-solar hybrid project in the state. The order of state power regulator came to the fore after Tata Power Renewable Energy filed […] Read more
News In Brief Sept 5: Canadian Solar, SOLARCYCLE Ink Recycling Pact Updated On Thu, Sep 5th, 2024 by Saurenergy Canadian Solar & SOLARCYCLE Enter Cradle-to-Cradle U.S. Recycling Partnership Global photovoltaic modules manufacturer, Canadian Solar announces that it has entered into a partnership agreement with SOLARCYCLE, an American solar recycling company. With this, Canadian Solar is among the first few crystalline silicon solar module manufacturers to offer comprehensive recycling services to its customers in the […] Read more
Renewables Contribute Only 4% To NTPC’s Turnover in FY24 Updated On Mon, Sep 2nd, 2024 by Saurenergy According to the latest numbers from India’s power giant NTPC, renewable energy assets contribute a mere 1.23% to the company’s turnover. When hydro projects are included, this figure increases to just 4%. NTPC Limited’s Business Responsibility and Sustainability Report indicates that power generation accounts for 94.19% of the company’s total turnover. The report reveals that […] Read more
