Chhattisgarh Offers Sops For Grid-Connected Solar DRE Units Updated On Thu, Jul 27th, 2023 by Saurenergy The Chhattisgarh State Electricity Regulatory Commission (CSERC) has come out with a new draft regulation to boost the uptake of grid-connected distributed renewable energy (DRE) units in the state. The Commission has now proposed a second amendment to its Gid-Connected DRE Regulations. These rules will be applicable from September 1, 2023. The draft CSERC (Grid […] Read more
West Bengal Issues Tender for 900 MW Pumped Storage Project Updated On Thu, Jul 27th, 2023 by Saurenergy The West Bengal government has floated a tender inviting bids for development and operation of the Bandu Pumped Storage Project- a 900 MW capacity power project. It will be executed through a public-private partnership. The project, located in the Ajodhya Hill Area of Purulia district, is valued at close to INR 4,700 crore with project […] Read more
MNRE Allows Two Solar Module Makers To Enlist New Models Under ALMM Updated On Thu, Jul 27th, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) today issued a new order allowing two Indian solar module manufacturers to enlist additional models under the Approved List of Module Manufacturers (ALMM) scheme. It included Bangalore-based Emmvee Photovoltaic Power and Noida-based Bluebird Photovoltaic Power. Per the details, the ministry has allowed Emmvee to enlist six mono-c-Silicon PERC modules. […] Read more
Water-Scarce Rajasthan Poses New Challenges For Solar Pumps Updated On Thu, Jul 27th, 2023 by Saurenergy By-Parul Kulshrestha As temperatures rose in June this year, Jaman Singh Saini, a 69-year-old farmer from Badangarh village in Jhunjhunu district of Rajasthan, was irrigating his 31-acre farmland of millets, using an electric pump which came with its own challenges – erratic electricity supply, voltage fluctuation and associated costs. About 10 years ago, in 2013, […] Read more
EIB Approves €575 Million Loan for Repsol’s 1.1 GW Wind & Solar Projects in Spain Updated On Wed, Jul 26th, 2023 by Saurenergy The European Investment Bank (EIB) approved a €575 million loan support to Spanish energy firm Repsol. The firm will utilise the fund for the rollout of wind and solar photovoltaic plants in Spain with a total capacity of 1.1 GW. Renewable energy facilities are expected to go live before the end of 2025. Over 35 […] Read more
India Requires 13L Charging Stations By 2030: CII Report Updated On Tue, Jul 25th, 2023 by Saurenergy A new report by the Confederation of Indian Industry (CII) on ‘Charging Infrastructure for Electric Vehicles’ claims that India would require around 13 lakh charging stations to cater to the growing electric mobility needs by 2030. It makes a case for the country to install around 4 lakh chargers for EV annually. The industry association […] Read more
Hero Future Energies Signs MoUs for INR 6200 Cr to Develop Future RE Projects Updated On Tue, Jul 25th, 2023 by Saurenergy Hero Future Energies has signed two Memorandums of Understanding (MoUs) with REC Limited and PFC Limited for infusion of INR 31100 crores each in HFE over the next five years. The MoUs, were signed on the sidelines of 4th G20 Energy Transition Working Group (ETWG) meetings at Goa. A sum of Rs 6200 crores, gained […] Read more
Suzlon’s Net Profit Slides Over 63%, 58% in QoQ & YoY Comparisons Respectively Updated On Tue, Jul 25th, 2023 by Saurenergy Renewable energy solutions provider Suzlon Energy Limited has declared its financial results for the period ended June 30, 2023. Financial Results (Q1 FY2024) – Quarter on Quarter Comparison The total income of the firm stands at INR 1361.68 crores in the period ended June 30, 2023. The total income when compared to that in Q4 […] Read more
With 224MW Solar Capacity, SCCL Achieves 40% of Its Net Zero Targets Updated On Tue, Jul 25th, 2023 by Saurenergy Union Coal Minister Pralhad Joshi recently told the Parliament that the Singareni Collieries Company Limited (SCCL) had achieved around 40 percent of its net-zero targets. The Minister disclosed this information while responding to a coal supply and consumption query. He said that both Coal India Limited (CIL) and Singareni Collieries Company Limited (SCCL) are working […] Read more
