BUDGET: FM Announces Support For RTS, Offshore Wind and EV Manufacturing Updated On Thu, Feb 1st, 2024 by Saurenergy Union Finance Minister Nirmala Sitharaman announced the Union Budget 2024 today. Speaking in Lok Sabha, the finance minister discussed the recently announced Pradhan Mantri (PM) Suryodaya Scheme. On January 22, PM Narendra Modi announced the connection of one crore households with rooftop solar. In her budget speech, the finance minister talked about the savings of […] Read more
BUDGET: Solar Industry Wants Funds For RTS, Lower GST On Equipment Updated On Thu, Feb 1st, 2024 by Saurenergy As Union Finance Minister Nirmala Sitharaman is all set to announce the Union Budget today in Lok Sabha, the solar industry is anticipating several announcements for the sector. Several industry experts anticipate announcements that could support the industry. However, most of the solar industry experts who spoke on the issue talked about reduced taxes for […] Read more
Karnataka Proposes Peer-To-Peer Energy Trading, Issues Draft Norms Updated On Wed, Jan 31st, 2024 by Saurenergy A latest draft notification released by the Karnataka Energy Regulatory Commission (KERC) proposed Peer-to-Peer (P2P) system for energy transaction, through block chain-based platform between consumers and the discoms. The notification stated, “The regulation is applicable to all the distribution licensees and eligible consumers of the state of Karnataka.” It defined blockchain as, “A digitally distributed […] Read more
Revised ALMM List: Eight Solar Module Manufacturers Enlist New Models Updated On Mon, Jan 29th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) in its latest revised list of Approved List of Manufacturers and Modules of Solar PV Modules (ALMM) has incorporated numerous new solar module models from eight Indian solar module manufacturers. These included new model enlistment from Gautam Solar, Waaree Energy, Agrawal Renewable, HR Solar Solution, Sahaj Solar, […] Read more
“International Initiatives Such As CBAM And Carbon Trading Will Support RE Adoption”, Akshay Hiranandani, Serentica Renewables Updated On Mon, Jan 29th, 2024 by Saurenergy Has Serentica’s launch plan changed since its inception, or is it following the original plan to achieve the fastest renewable expansion? Can you provide the current status of the firm’s plans, including specific timelines for capacity additions? Serentica remains committed to industrial decarbonization and providing 24/7 green power for hard-to-abate industries. Our current focus centers […] Read more
Solis Hits 4 GW Milestone In India Updated On Mon, Jan 29th, 2024 by Saurenergy In 2015, Solis India embarked on its journey within the Indian solar power sector, emerging as a Tier 1 global inverter brand by BNEF. During this time, the exclusively string inverter firm has been a standout success story, benefiting both from a growing solar market in India as well as its own strategy focused on […] Read more
REC Ltd, NIIFL collaborate on funding solutions for renewable energy, other infra projects Updated On Mon, Jan 29th, 2024 by Saurenergy REC Limited has signed a Memorandum of Understanding (MoU) with the National Investment and Infrastructure Fund Limited (NIIFL) to collaborate on a suite of funding solutions for “Renewable Energy Projects” as well as large-scale infrastructure projects in India. REC Ltd is a Maharatna CPSE and also a leading NBFC that comes under the ambit of […] Read more
SJVN Secures 100MW Solar Project In e-Reverse Auction In Gujarat Updated On Mon, Jan 29th, 2024 by Saurenergy SJVN Ltd has announced that it has successfully secured a 100 MW solar project in Gujarat through an e-reverse auction conducted by Gujarat Urja Vikas Nigam Ltd (GUVNL). SJVNL said that its bid was secured at a rate of Rs 2.54 per unit, following a competitive bidding process as part of GUVNL Phase XXI. The […] Read more
Juniper Green and KPI Green Secure GUVNL’s Wind-Solar Hybrid Project Updated On Thu, Jan 25th, 2024 by Saurenergy Renewable Energy companies Juniper Green Energy Private Limited and KPI Green Energy Private Limited have been awarded the project for establishing 200 MW capacity, part of a 500 MW grid-connected wind-solar hybrid power project in Gujarat. The allocation was done by Gujarat Urja Vikas Nigam Limited (GUVNL). Another 500 MW allocation of the project will […] Read more