Strong demand prospects for RE projects in C&I segment; regulatory risks key challenge: ICRA Updated On Mon, Mar 21st, 2022 by Saurenergy Demand prospects for renewable energy (RE) capacity addition in the commercial & industrial (C&I) segment remain solid, given the improved tariff competitiveness and growing sustainability/green initiatives by C&I players to meet their energy requirements through renewables, going forward, finds ICRA. If that sounds obvious, then the agency also flags risks, that really shouldn’t be there […] Read more
India’s leading Industrialised states continue to lead the solar push also Updated On Mon, Mar 21st, 2022 by Saurenergy The Indian renewables sector made many a strong effort towards advancement last year, with PM Narendra Modi committing to a new target of achieving net-zero carbon emissions by 2070. the nation continued to add green power capacity, and the country’s two richest business tycoons laid out plans to invest thousands of crores in the sector. […] Read more
Rooftop Solar Can Fulfill Half of Mumbai’s Power Demand, says MCAP Updated On Mon, Mar 21st, 2022 by Saurenergy The Brihanmumbai Municipal Corporation (BMC) has come up with the Mumbai Climate Action Plan (MCAP) aimed at achieving carbon neutrality by 2050. According to the document, the BMC says that Mumbai can produce 1,724 MW of solar power. This, BMC says, can meet half of the city’s peak energy demand which currently stands at 3600 […] Read more
L&T to Develop 280 MW Worth Solar Projects in Rajasthan and Gujarat Updated On Sat, Mar 19th, 2022 by Saurenergy Engineering conglomerate Larsen & Toubro (L&T) has announced that the company has got an order to develop a 245MW solar power project in Rajasthan. It has also received another order to build 35 MW (AC) photovoltaic capacity with 57MWh battery energy storage system in Gujarat. The project will be based in the Kutch district. Larsen & […] Read more
E2S Power, IPCL Come Together for Energy Storage Solutions Updated On Thu, Mar 17th, 2022 by Saurenergy E2S Power and India Power Corporation Ltd (IPCL) have signed a Memorandum of Understanding (MoU) to collaborate to transform power stations that run on fossil fuel in India into thermal energy storage (TES) systems for renewable energy. E2S Power is a thermal energy storage solutions developer and IPCL is a power utility company. The twin objectives of […] Read more
TOP FIVE SOLAR PARKS IN INDIA Updated On Thu, Mar 17th, 2022 by Saurenergy TOP FIVE SOLAR PARKS IN INDIA Name of the Park Location Planned Capacity Operational Commissioned Capacity Developer(s) Highlight Bhadla Solar Park Rajasthan 2245 MW 2245 MW • SB Energy SoftBank In December • Hero Future Energies 2020, the park • NTPC witnessed the • ACME Solar then lowest bid • Azure Power for solar power […] Read more
Auction Winners Bid at Rs 2.29/unit For 500 MW GUVNL solar auction Updated On Thu, Mar 17th, 2022 by Saurenergy In bids that continue to surprise, the Gujarat Urja Vikas Nigam Limited’s (GUVNL) January tender for 500 MW of solar power has attracted a very aggressive set of bids from the 4 winners declared. Fortum (through Alpha Energy- 200 MW), SJVN (100 MW), Hinduja Renewable Energy (120 MW) and UPC Renewables (80 MW) have bid, […] Read more
Sungrow Joins EP100 Promising Higher Energy Productivity Updated On Wed, Mar 16th, 2022 by Saurenergy After RE100, which focused on signing up firms to commit to renewable energy use, the climate group has come out with the EP100, which is focused on energy productivity. And who better to sign up for that other than inverter solution major Sungrow, which has an installed global capacity of almost 225 GW now. Sungrow, […] Read more
ThomasLloyd Energy Will Buy 43% Stake in SolarArise India Updated On Wed, Mar 16th, 2022 by Saurenergy The Indian Government has given a go ahead to the proposal of ThomasLloyd Energy Impact Trust Plc to purchase 43% stake in SolarArise India Projects Pvt Ltd. The deal comes at $34.6 million (Rs 265 crores approx.) That values Solar Arise at approx. Rs 620 crores. ThomasLloyd says that in the second quarter of this […] Read more
