SJVN Concludes 1500 MW Wind-Solar Hybrid Auction With Competitive L1 Tariff of Rs 3.43/kWh Updated On Wed, Feb 21st, 2024 by Saurenergy Satluj Jal Vidyut Nigam Limited (SJVN), a renewable energy sector company has announced that it successfully concluded a reverse auction for a 1500 MW wind-solar hybrid project on February 20. The auction witnessed competitive bidding, resulting in the establishment of an opening L1 tariff of INR 3.43 per kWh. During the auction, Juniper Green Energy […] Read more
IREDA To Establish Subsidiary For Retail Finance Updated On Wed, Feb 21st, 2024 by Saurenergy In a clear sign of its determination to go it alone if required for achieving solar rooftop targets, the Chairman and Managing Director (CMD) of Indian Renewable Energy Development Agency Ltd. (IREDA), Pradip Kumar Das has confirmed IREDA’s plans for establishing a subsidiary to cater to retail projects encompassing Rooftop Solar, PM-KUSUM, Electric Vehicles, and other […] Read more
PM Modi Launches Four RE Projects By Torrent Power At UP Summit Updated On Wed, Feb 21st, 2024 by Saurenergy At the recently held UP investors summit, Prime Minister Narendra Modi laid the foundation stone for four projects with an investment of approx. ₹ 25,000 crores being developed by Gujarat based Torrent Power in Uttar Pradesh. The Torrent Group’s four projects were launched during GroundBreaking Ceremony (GBC) 4.0, held at Lucknow when the Prime Minister […] Read more
MNRE Notifies Guideline For 13 GW RE, 12GWh BESS Projects In Ladakh Updated On Tue, Feb 20th, 2024 by Saurenergy The Cabinet Committee on Economic Affairs (CCEA) in its notification shared the recent President’s sanction for the implementation of a 13 GW renewable energy project in Ladakh (IST GEC – II). The long awaited project comprises of 13 GW renewable energy capacity along with a 12GWh Battery Energy Storage system (BESS) in Ladakh. The government […] Read more
Local Solar Module Industry To Face Low Import Prices: Borosil’s Kheruka Updated On Tue, Feb 20th, 2024 by Saurenergy The domestic solar module industry will be forced to continue facing ‘unrealistically’ low import prices, said Pradeep M Kheruka, Executive Chairman of Borosil Renewables. Kheruka made these comments during a conference call with institutional investors and analysts which was held on February 08. He further said that the ALMM mechanism remained suspended, keeping the door […] Read more
Tata Chemicals, IITB Collaborate To Study Perovskite Use To Deliver RE Updated On Mon, Feb 19th, 2024 by Saurenergy Tata Chemicals Limited has collaborated with IIT Bombay-Monash Research Academy, aiming at research in the perovskite/clean energy domain. This strategic partnership is a move towards advancing sustainable energy transition solutions and fostering innovation in clean energy technologies. Under this agreement, Tata Chemicals Limited commits to supporting the Next-Gen Technology research led by the IITB-Monash Research […] Read more
PM Set To Inaugurate RE Projects At UP Global Investors Summit Updated On Mon, Feb 19th, 2024 by Saurenergy Prime Minister Narendra Modi announced his plans to launch 14 thousand projects across the state worth more than 10 Lakh crore rupees on his visit to Uttar Pradesh (UP). UP has earlier this year released a tender inviting bids for procurement of solar power on a long-term basis through a tariff-based competitive bidding process (TBCB). […] Read more
Pahal Solar Starts Building 1.8 GW Solar Module Manufacturing Facility in Gujarat Updated On Mon, Feb 19th, 2024 by Saurenergy Gujarat-based Solar PV Manufacturer Pahal Solar held its groundbreaking ceremony regarding the construction of a manufacturing facility. The facility will lead the production of 1.8 GW of advanced photovoltaic modules in Atodara, Olpad, Gujarat. According to the press document, the company stated that the manufacturing facility promises to set new industry standards by ensuring a […] Read more
Vareyn Solar Announces Foray Into Residential Solar Sector Updated On Mon, Feb 19th, 2024 by Saurenergy Turn-key solar EPC company Vareyn Solar Pvt. Ltd. has announced its foray into the residential sector in the solar power industry. This comes after the announcement of PM Suryodaya Yojana which was launched by the Centre on January 22, 2024. This scheme aims to install rooftop solar panels on the houses of middle and poor-class […] Read more
