CERC Awards Compensation To Avaada For Increased GST Rates Updated On Wed, Jan 17th, 2024 by Saurenergy In its latest judgment, the Central Electricity Regulatory Commission (CERC) allowed compensation to Avaada Sustainable RJProject Pvt Ltd. (ASRPL) due to increased GST rates on solar equipment. The order was passed after the subsidiary of Avaada moved the Central Commission, citing an increase in its project cost due to an increase in the GST rates […] Read more
Sun Trinity Established 15,000 Kw Solar Carport At AEON Mall Updated On Tue, Jan 16th, 2024 by Saurenergy A recent announcement was made by Sumitomo Corporation company, Sun Trinity to install a carport-type solar power generation equipment of 15,000 kilowatts at AEON Mall This installation at the AEON Mall by Sun Trinity, has a total capacity of approximately 15,000 kilowatts and it claims to be the largest in Japan in the outdoor parking […] Read more
Adani Green FY24 Update Highlights 16% Growth In Capacity, 59% In Power Sales Updated On Tue, Jan 16th, 2024 by Saurenergy In an operational update to the stock exchanges, Adani Green Energy Limited (AGEL), the renewable energy developer arm of the Adani Group, has shared the progress it has made in the first 9 months of FY24. With a target of 45GW of operational renewable energy by 2030, which would be close to10% of India targets, […] Read more
CERC Awards Compensation To Indigrid Solar Over Change In GST Rates Updated On Fri, Jan 12th, 2024 by Saurenergy In its latest judgment, the Central Electricity Regulatory Commission (CERC) granted compensation to Indigrid Solar-I (AP) Pvt Ltd. over escalated GST rates. The firm approached the Central Commission seeking compensation, citing increased project costs due to introducing GST on solar products. The solar power generator, in its petition, told the CERC that after the firm submitted […] Read more
NHPC Awards 250MW Rajasthan Solar Project To Apraava Energy Updated On Thu, Jan 11th, 2024 by Saurenergy The National Hydroelectric Power Corporation (NHPC) awarded a 250 MW Inter-State Transmission System (ISTS) connected solar energy project in Rajasthan to Apraava Energy. Apraava Energy, an integrated energy solutions provider, announced receiving the order today. The project order through the e-reverse auction mechanism at a walk-out tariff of INR 2.53 per kWh is scheduled to be completed within […] Read more
Could PSPCL Overcome Financial Strife With Solar Deals? Updated On Thu, Jan 11th, 2024 by Saurenergy Punjab State Power Corporation Limited (PSPCL), the primary state discom that has been mired in losses due to a variety of reasons, seems to have latched on to solar power to extricate itself from some of the losses. Readers wouldn’t have failed to notice the higher frequency of solar tenders from the state entity in […] Read more
Pinewood, Braithwaite collaborate to develop 500 MW solar project of MSEDCL Updated On Thu, Jan 11th, 2024 by Saurenergy Indian renewables’ investor Pinewood Systems (PSPL) has said that it has formed its “executive team” that will develop the company’s upcoming 500 MW Solar Project in collaboration with Braithwaite & Co., a public sector under the Ministry of Railways. Satish Jha, Chairman, Pinewood Systems said that the board has chosen a high-performing team educated at […] Read more
2023 Hottest Year On Record, But Solar Power Delivers Updated On Thu, Jan 11th, 2024 by Saurenergy Europe based Solargis, focused on solar data and software, has analyzed the annual performance of solar irradiance for 2023, revealing the trends and variations of solar irradiance across the globe. The analysis shows that global solar irradiance remained relatively stable or increased in some regions, despite the record-breaking heat and extreme weather events driven by […] Read more
With Lowest Bid Of Rs 3.15, Only Three Winners For SECI 2000 MW Tranche VII Hybrid Tender Updated On Wed, Jan 10th, 2024 by Saurenergy NTPC Renewable Energy, Juniper Green Energy and Sembcorp emerged as the only three bidders acceptable to Solar Energy Corporation of India (SECI) for the 2000 MW ISTS connected Hybrid projects. With bids received for only 1265 MW, SECI had reduced available capacity to 1012 MW at 80% of aggregate bid capacity. The results for the […] Read more
