US Announces $6 Billion To Clean Heavy Industry Sector Updated On Tue, Mar 26th, 2024 by Saurenergy The US Department of Energy (DOE) has announced up to $6 billion for 33 projects across more than 20 states to decarbonize energy-intensive industries, reduce industrial greenhouse gas emissions, support good-paying union jobs, revitalize industrial communities, and strengthen the nation’s manufacturing competitiveness. Funded by the President’s Bipartisan Infrastructure Law and Inflation Reduction Act, the projects […] Read more
Waaree Solar Americas Appoints Gordon Brinser as COO Updated On Tue, Mar 26th, 2024 by Saurenergy Waaree Solar Americas Inc., India’s largest manufacturer of solar PV modules with the largest aggregate installed capacity of 12 GW, as of June 30, 2023 (Source: CRISIL Report), has announced the appointment of Gordon Brinser as its new Chief Operating Officer. He has extensive experience and has been working towards advancing US manufacturing capabilities. “The […] Read more
Latest ALMM Update: India’s Enlisted Solar Module Capacity Up By 3.5GW Updated On Sat, Mar 23rd, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now published its revised list of ALMM (Approved List of Models and Manufacturers of Solar PV Modules). The latest list shows 83 local solar module manufacturing entities/plants in the country. The revised list portrays additional new capacities of 3,501 MW. The increase in the capacities is […] Read more
NTPC Discovers Tariffs Below Rs 4.65 In 3 GW FDRE 2 Auctions Updated On Sat, Mar 23rd, 2024 by Saurenergy NTPC’s 3 GW FDRE (Firm and Dispatchable Renewable energy) Tranche 2 auctions. Meant to supply round the clock power through the Inter State Transmission System (ISTS), the auctions were launched in October last year, and widely seen as a key milestone in plans to add storage capacity to the grid. The prices discovered by NTPC […] Read more
Govt Amends ALMM Norms On Module Threshold Efficiency Updated On Fri, Mar 22nd, 2024 by Saurenergy In its latest notification, the Ministry of New and Renewable Energy (MNRE) has amended its ALMM norms for solar module manufacturers. The new revised norms apply to all the solar module manufacturers enlisted under the Approved List of Models and Manufacturers of Solar Photovoltaic Modules (ALMM). According to the latest list from the MNRE, 82 […] Read more
MoP Issues Viability Gap Funding Guidelines For BESS Project Updated On Fri, Mar 22nd, 2024 by Saurenergy The Ministry of Power (MoP) has issued the guidelines for the Rs 94 billion program to provide viability gap funding (VGF) of up to 40% to develop 4,000 Mh of battery energy storage systems (BESS) capacity across the country. According to the MoP, the budget that has been allocated to the programme stands at $37.6 […] Read more
CERC Grants Transmission License For Bikaner-III Neemrana Transmission Project Updated On Fri, Mar 22nd, 2024 by Saurenergy The Petitioner, Bikaner III Neemrana Transmission Limited (BNTL) has filed the present Petition for the grant of a transmission licence under Sections 14 and 15 of the Electricity Act, 2003 (hereinafter referred to as “the Act”) read with the Central Electricity Regulatory Commission (Procedure, Terms and Conditions for grant of Transmission Licence and other related […] Read more
Gensol Engineering Secures Rs 520 Crore Solar Project in Maharashtra Updated On Fri, Mar 22nd, 2024 by Saurenergy Gensol Engineering Limited, an Indian solar power engineering, procurement, and construction (EPC) services and electric mobility company, has secured one of the largest-ever turnkey EPC orders in size and value from a leading power generation utility in the state of Maharashtra, the firm said today. The project involves developing a 100 MWAC/135 MWp ground-mount solar […] Read more
IKEA Investment Arm Secures Norwegian Offshore Wind Project Updated On Thu, Mar 21st, 2024 by Saurenergy Ventyr, a consortium consisting of Parkwind and Ingka Investments, the investment arm of Ingka Group, the largest IKEA retailer, has announced its success in the Norwegian auction for the development of the Sørlige Nordsjø II phase 1 offshore project area in the Southern Norwegian North Sea. According to a media statement by Parkwind, part of […] Read more
