Rajasthan Issues New Policy To Offer Incentives For RE Projects Updated On Thu, Dec 5th, 2024 by Saurenergy To use the untapped renewable energy potential in Rajasthan, the state government released an Integrated Clean Energy Policy. It targets the establishment of 125 GW of renewable power projects by 2029-30. To fulfill its mission, the plans to add 90 GW of solar, 25 GW MW of Wind & Hybrid, and 10 GW of Hydro, […] Read more
5 Reasons Why Lower Renewable Energy Prices Are Unlikely To Lead to Lower Electricity Bills Updated On Thu, Dec 5th, 2024 by Saurenergy For the lay reader, it has been a mystery how despite headline news of renewable bids being awarded at figures like Rs 2.50/kW to Rs 3.00, their final power bill seems to be on an inexorable climb upwards. This is despite the fact the RE power itself was priced at a huge premium as recently […] Read more
Mufin Green Finance Targets ₹500 Crore To Fund Solar Projects Updated On Wed, Dec 4th, 2024 by Saurenergy Mufin Green Finance, a climate finance solutions provider announced its entry into the solar financing sector. The firm said that it recently undertook the successful closure of its first solar financing transaction. The transaction amounted to ₹3.25 crore. This move marks the company’s expansion beyond electric vehicle (EV) financing. With the rise of need and […] Read more
127 GW Of Renewable Projects Under Tendering Process: Govt Updated On Wed, Dec 4th, 2024 by Saurenergy Minister of State (MoS) for Power Shripad Naik in a statement before the Parliament said that around 127 GW of renewable projects are under the tendering process in the country. The MoS in his statement talked about the strides the country is taking to boost its green energy portfolio. He said India currently has a […] Read more
60 GW Of PSP Projects Under Survey, Minister Tells Parliament Updated On Tue, Dec 3rd, 2024 by Saurenergy The latest update from the Ministry of New and Renewable Energy (MNRE) indicates that major pumped storage projects (PSPs) spread across nine states have a combined installed pumped storage potential of approximately 181.4 GW in the country. Parliamentary data shared by the Minister of State for New and Renewable Energy and Power, Shripad Yesso Naik, […] Read more
SECI’s 9.29 GW Of Renewable Projects Still Await Buyers Updated On Tue, Dec 3rd, 2024 by Saurenergy The growth in tendering for utility-scale projects marks the progress within the renewable energy sector. Recent data shared by the Solar Energy Corporation of India (SECI) indicated a list of renewable projects that are yet to see buyers. As per the prescribed practice, the renewable project developers who win tenders through SECI tie up with […] Read more
O2 Power Signs PPA With Railways To Supply Renewable Power Updated On Mon, Dec 2nd, 2024 by Saurenergy Indian renewable energy company O2 Power has signed a Power Purchase Agreement (PPA) with East Central Railway (ECR) to supply renewable power. The energy will be sourced from O2 Power’s 360 MW installed capacity spanning Rajasthan, Gujarat, and Karnataka. This aligns with Indian Railways’ efforts to achieve net-zero emissions. Indian Railways has planned to go net-zero […] Read more
Top 5 Projects of Resurging CSP Technology In The Middle East Updated On Fri, Nov 29th, 2024 by Saurenergy Renewable energy is a trending topic in the energy world, and solar energy has emerged as the leading source of green power so far. While various technologies have evolved and are being used to harness infinite solar power, concentrated solar power (CSP) is among the most widely used technologies worldwide, especially in regions with high […] Read more
Karnataka: KERC Notifies New Fee Structure For Energy Stakeholders Updated On Thu, Nov 28th, 2024 by Saurenergy The Karnataka Electricity Regulatory Commission (KERC) has released its latest order, notifying the fee structure applicable to various stakeholders in the state’s power sector. The commission, after issuing a draft notification, has finalized and published the Karnataka Electricity Regulatory Commission (Fee) Regulations, 2024. These regulations outline the fees for different categories of applications and cases […] Read more