NHPC Revises MoU With Maharashtra Govt For 7,350 MW PSPs Updated On Wed, Sep 4th, 2024 by Saurenergy On September 3, State owned NHPC (National Hydroelectric Power Corporation Private Limited) said that it has re-entered a memorandum of understanding (MoU) with the Maharashtra’s Department of Water Resources (WRD) for 7,350 MW renewable energy storage systems. The MoU aims to establish energy storage systems, specifically pumped storage projects (PSPs), in the state of Maharashtra. […] Read more
Jakson Engineers To Invest Rs 2,000cr On Solar Manufacturing Updated On Wed, Sep 4th, 2024 by Saurenergy Jakson Engineers Ltd (JEL), part of the energy and infrastructure conglomerate Jakson Group, announced an expansion of its solar manufacturing business. The company plans to invest approximately Rs 2,000 crore for setting-up a 2,500 MW Solar Cell manufacturing facility, which will be developed in two phases and is simultaneously expanding its existing solar module manufacturing […] Read more
IEX’s August Power Market Update Updated On Wed, Sep 4th, 2024 by Saurenergy The Indian Energy Exchange (IEX), the dominant power exchange in the country, has released its market update for August. IEX achieved a total volume (including certificates) of 12,040 MU in August 2024, marking a 35.8% year-over-year increase. The electricity volume at 9,914 MU, increased 17.1% YoY. The renewable energy certificates (REC) at 2,116 MU, increased […] Read more
Oriana Power Secures 52 MW Solar Projects From BPCL Updated On Tue, Sep 3rd, 2024 by Saurenergy Oriana Power Limited announced a new order for a 52 MW solar project worth Rs. 247.88 crore from Bharat Petroleum Corporation Limited (BPSCL). As per the new order, Oriana Power will execute a ground-mounted solar power project with a total capacity of 52 MW. The project will be carried out under the EPC (Engineering, Procurement, […] Read more
PM-KUSUM: JREDA Awards Contract To Solartive For Solar Pumps Updated On Tue, Sep 3rd, 2024 by Saurenergy Jharkhand Renewable Energy Development Agency (JREDA) has awarded the contract of solar pumps under the PM KUSUM scheme to Solartive, a water and infrastructure company, the firm said today. Under the project, the company will provide farmers solar pumps with an aim to decarbonise irrigation activities on the farmlands. This project, valued at approximately Rs […] Read more
Spain Picks South Korea’s H2 Inc For Largest Vanadium Flow Battery Project Updated On Tue, Sep 3rd, 2024 by Saurenergy South Korean energy storage firm H2, Inc. will deploy a 1.1MW/8.8MWh vanadium flow battery (VFB) system in Spain. This is the largest VFB project in Spain. The project to be commissioned by Spain government’s energy research institute, CIUDEN, is a Public Foundation for energy research depending on Spanish Ministry for Ecological Transition and Demographic Challenge, aims to deploy a […] Read more
PM KUSUM: UPNEDA Issues Bids To Solarise 10,000 Solar Pumps Updated On Mon, Sep 2nd, 2024 by Saurenergy Intending to solarize 10,000 grid-connected agriculture pumps under KUSUM Component C-1, the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) recently released a tender. The tender aims to supply, install, test, and commission distributed grid-connected solar PV systems with 5 years of comprehensive maintenance. UPNEDA has set 23rd September as the last date for […] Read more
Green Stocks Sept 2: Adani Green, SJVN Stocks Shine Updated On Mon, Sep 2nd, 2024 by Saurenergy As the market opened up this Monday, most green energy companies witnessed a plunge in their stock prices. Only three companies namely-Adani Green, SJVN and Sterling & Wilson witnessed a positive growth in their stock prices. The stock prices of Adani Green (AGEL) witnessed the sharpest rise of 5.69 percent. It was followed by SJVN […] Read more
As Chinese Solar Firms Raise Silicon Wafer Prices, Will Transmission Happen To Cells and Modules? Updated On Mon, Sep 2nd, 2024 by Saurenergy With the recent increase in silicon wafer prices by certain Chinese solar companies including Longi, the firms hope that this will also impact the cost of solar cells exported from China to other countries. Given China’s dominant position in solar cell exports, higher wafer prices could influence global solar module costs in destination markets. Prices, […] Read more
