ENGIE India Targets 7 GW utility Scale Portfolio by 2030 Updated On Tue, Jan 7th, 2025 by Saurenergy In this interview with SaurEnergy, Amit Jain, Managing Director India & South East Asia for ENGIE, the French Multinational Power giant. ENGIE India has been present in the country for a decade now, and looking to play a key role in the country’s transition to a greener grid. The company stands out for its focus […] Read more
Tender, Tariff, and Takers: 2024 A Brief Review Updated On Mon, Jan 6th, 2025 by Saurenergy The renewable energy landscape is witnessing a transformative shift, with bidding processes increasingly favoring innovative solutions like Round the Clock (RTC) energy, Firm and Dispatchable Energy (FDRE), and wind-solar hybrid (WSH) tenders. Notably, energy storage has emerged as a game-changer, becoming an integral component of many new tenders. According to an SBI Caps report, storage […] Read more
Ladakh To Start Livestock-Grazing Solar Project On Pilot Basis Updated On Thu, Jan 2nd, 2025 by Saurenergy In a recent meeting aimed at building local stakeholders’ confidence in the upcoming mega solar power project at Pang, government officials decided to formalize an action plan to create a pilot solar project in the Pang area of Ladakh. The meeting was held under the chairmanship of Vikram Singh Malik, IAS, Administrative Secretary of the […] Read more
Khavda Adds Another 62.4 MW Wind For Hybrid Project From Adani Updated On Mon, Dec 30th, 2024 by Saurenergy Continuing its momentum to add more renewable energy projects, Adani Green Energy’s (AGEL) step-down subsidiary, Adani Renewable Energy Forty Eight Limited recently commissioned a 62.4 MW wind power component of its wind-solar hybrid project at Khavda, Gujarat. Khavda is expected to see a string of projects over the next two years as it moves towards […] Read more
FY25: Karnataka Witnesses A Fall In New RE Capacity Additions Updated On Mon, Dec 30th, 2024 by Saurenergy Karnataka Renewable Energy Development Ltd (KREDL) shared recent data on the annual renewable capacity addition in the state. The data found a decline in annual renewable energy projects in the state in the past years. The government data on year-wise commissioned projects indicated a significant drop in installed capacity in Karnataka in FY25. As of […] Read more
ACME’s Subsidiary Secures Rs. 1,988 Cr Financing From PFC Updated On Thu, Dec 26th, 2024 by Saurenergy ACME Renewtech Private Limited, a subsidiary of Haryana-based ACME Solar Holdings (ACME Solar) recently secured Rs. 1,988 crore term loan financing from Power Finance Corporation (PFC). This financing will fund the development and construction of a 300 MW Solar-Wind Hybrid Renewable Energy Project. The project will be located in high-resource potential areas, with solar capacity […] Read more
The 10 Big Milestones That Will Define India’s RE Sector In 2025 Updated On Thu, Dec 26th, 2024 by Saurenergy The Indian renewable energy market witnessed several historic events in 2024. These include policy changes, diversified and copious tenders, a record pace of green project installations, bulging order books across manufacturers, EPCs and more. While the overarching focus of the year was to be self-reliant in manufacturing, with real progress finally visible, China still cast […] Read more
SustVest Raises Rs 14 crores in Pre-Series A Round Updated On Mon, Dec 23rd, 2024 by Saurenergy Sustainable Investment Platform SustVest Raises $1.7 Million in Pre-Series A Round Led by Inflection Point Ventures and Antler SustVest claims to be India’s first regulated platform for sustainable investments, offering investments in renewable energy. It delivers 12-14% XIRR returns with monthly payouts while enabling C&I consumers to access zero-cost solar projects, reducing electricity costs by […] Read more
MP Solar Developer Directed to Pay Up To CTUIL By APTEL Updated On Mon, Dec 23rd, 2024 by Saurenergy In an appeal taken all the way to APTEL by SEI Sunshine Power Pvt. Ltd. and its group companies against the Central Electricity Regulatory Commission (CERC), the apex regulator went with the latter in directing the firm to pay up as directed by CERC earlier. The amount involved is Rs 18.25 crores approx. Issue: The […] Read more
