Specify Wind Project Timelines & Penalties In Tenders: MoP Norms Updated On Fri, Jul 28th, 2023 by Saurenergy The Ministry of Power (MoP) notified its new guidelines for a tariff-based competitive bidding process for power procurement from grid-connected wind power projects. The motive was to bring uniformity in the bidding process and clarity to the power producers and procurers. These norms apply to intra-state wind power projects with more than 10 MW of […] Read more
80% Of India’s Solar Projects Planned In Only 5 States Updated On Fri, Jul 28th, 2023 by Saurenergy The latest data from the Ministry of New and Renewable Energy (MNRE) claimed that around 80 percent of the ongoing mega solar projects are confined to only five renewable-rich states of the country. Moreover, around ten states do not have any ongoing solar projects in hand. MNRE Minister RK Singh shared the latest data before […] Read more
First Solar Secures 2.1 GW Order from Matrix for Advanced Thin Film Modules Updated On Fri, Jul 28th, 2023 by Saurenergy First Solar, Inc. and Matrix Renewables have announced a significant collaboration in the renewable energy sector. Matrix, the TPG Rise-backed global renewable energy platform, has entered into a framework agreement to procure approximately 2.1 gigawatts (GWDC) of advanced thin film modules from First Solar. These modules are scheduled to be delivered between 2024 and 2027, […] Read more
IEX Reports 8% Rise In Net Profit In Q1 On YoY Updated On Fri, Jul 28th, 2023 by Saurenergy The Indian Energy Exchange (IEX) has announced its financial results for Q1 of FY 24. The overall picture of the report revealed that while the leading Indian energy exchange firm witnessed a rise in its income and net profit on a year-on-year basis, its income and net profit plunged on Quarter-on-Quarter (QoQ) basis. The unaudited […] Read more
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
ReNew, Gentari in Tie-Up Targeting 5 GW Clean Power Updated On Thu, Jul 27th, 2023 by Saurenergy ReNew Energy Global Plc which expanded its offerings to become full fledged decarbonisation solutions company recently, through its subsidiary ReNew Power Pvt. Ltd. (ReNew) and clean energy solutions provider Gentari, through its subsidiary Gentari Renewables India Pte. Ltd., have executed key terms to collaborate on a 50:50 joint venture in clean energy solutions. The term […] Read more
