PM KUSUM: MNRE Extends Waiver On Local Content Mandate For Solar Cells Updated On Tue, Sep 12th, 2023 by Saurenergy In its latest notification, the Ministry of New and Renewable Energy (MNRE) has extended the waiver of the Domestic Content Requirement (DCR) for solar cells under the Component C of the PM-KUSUM scheme. Earlier, the ministry had issued an official memorandum on August 1, 2022, to extend the waiver till July 20, 2023. In its latest […] Read more
ORIT Launches 50 MW Wind Farm in Scotland for Kimberly Clark Updated On Mon, Sep 11th, 2023 by Saurenergy Octopus Renewables Infrastructure Trust, an investment company focused on providing investors with a sustainable level of income returns, with an element of capital growth, by investing in a diversified portfolio of renewable energy assets across Europe, the UK and Australia, has launched a new 50 MW onshore wind farm located in South Lanarkshire, Scotland. The […] Read more
Battery Swapping Can Reduce EV Costs Drastically: Kavinder Khurana, MD, TeslaPower Updated On Mon, Sep 11th, 2023 by Saurenergy Why Tesla Power USA invested in India. How much potential do you see here? Tesla Power USA is a United States (US)-based entity. It has invested heavily in battery rejuvenation technology. The company was launched in India in September 2021. Globally, it operates in 18 countries. It includes four countries in Latin America, seven in […] Read more
Oriana Power Wins 29 MW Captive Open Access Solar Plant Project Updated On Mon, Sep 11th, 2023 by Saurenergy Delhi-based Oriana Power Ltd, which provides renewable energy solutions, has won an order worth INR 100.2 crore. The project is for the establishment of a 29 MW captive open access solar power plant for a steel manufacturing firm based out of Karnataka. As per the terms of the agreement, Oriana Power will be responsible for […] Read more
THDC Issues Tender Seeking PMC Services for 11 MW Floating Solar Project Updated On Mon, Sep 11th, 2023 by Saurenergy Tehri Hydro Development Corporation (THDC) has issued a tender seeking (Project Management and Consultancy (PMC) Services to THDCIL for the development of 11 MWac floating solar PV plant at Khurja Super Thermal Power Project at Khurja, Bulandshahr, UP. THDC India Limited invites bids from selected bidders (whose names are mentioned on the website) only on […] Read more
India & US Shore Up Partnership to Anchor $500 Mn RE Infrastructure Investment Fund Updated On Mon, Sep 11th, 2023 by Saurenergy A joint investment fund of up to $1 billion to aid India’s initiatives aimed at the adoption of green technology has got the nod from US President Joe Biden and Narendra Modi. In an initiative that will strengthen India-US bilateral relationship in the renewable energy space, India’s National Investment and Infrastructure Fund and the US […] Read more
Cleantech Solar Reaches Commercial Operation for Maiden VPPA Updated On Mon, Sep 11th, 2023 by Saurenergy Cleantech Solar, a firm the provides renewable energy solutions to corporations in India and Southeast Asia, has revealed that the commercial operation of its maiden Virtual Power Purchase Agreement (VPPA) has begun. This is among the first VPPA plants to be operational in India. The power generated from the operating solar power plant in India, […] Read more
Tata Power Gets DFC Backed USD 425 million For Cell and Module Plant in Tamil Nadu Updated On Mon, Sep 11th, 2023 by Saurenergy The U.S. International Development Finance Corporation’s (DFC) Board of Directors has approved the provision of up to USD 425 million in financing in TP Solar Limited, a subsidiary of Tata Power Renewable Energy Limited (TPREL), for its upcoming greenfield 4.3 GW solar cell and module manufacturing plant at Tirunelveli district in Tamil Nadu, India. DFC […] Read more
Energy Storage in Focus in US as Multiple Firms Secure Support Updated On Mon, Sep 11th, 2023 by Saurenergy The US is witnessing a boom in solar manufacturing and energy storage projects with the announcement of the Inflation Reduction Act. The past week was also marked by news on key energy storage projects. Project Financing Among these, a major news coming in was of Nevada-based American Battery Technology Co., a battery materials firm, that […] Read more
