GUVNL Looks to Procure 500 MW Hybrid Renewable Power Updated On Tue, Nov 28th, 2023 by Saurenergy Gujarat Urja Vikas Nagam Limited (GUVNL) has issued a tender seeking developers for a hybrid solar-wind projects. The state-utility sought to purchase the clean power from this hybrid project through competitive bidding process (followed by reverse e-auction). As per the tender documents of this 500 MW hybrid renewable energy projects (Phase I), GUVNL will also […] Read more
France’s Fifth PPE2 Auction Round Awards 931.3 MW Capacity Updated On Tue, Nov 28th, 2023 by Saurenergy 54 onshore wind projects have been awarded deals in the recent onshore wind tender that had been floated by France. The fifth PPE2 auction, which is France’s multi-year energy procurement programme, was slightly oversubscribed at a capacity of 931.3 MW, exceeding the target set at 925 MW. The average cost at which the projects were […] Read more
ReNew Enters November ALMM List With Module Making Facility Updated On Thu, Nov 23rd, 2023 by Saurenergy The November ALMM (Approved List of Module Manufacturers) list issued recently by the Ministry of New and Renewable Energy (MNRE) saw several significant developments. To begin with, there are three new entrants on the latest ALMM list of the ministry, taking the total number of solar module manufacturers in India up from 76 to 79 this month. […] Read more
EPC Player Vareyn, Credit Fair in Partnership To Take Solar to More Customers Updated On Thu, Nov 23rd, 2023 by Saurenergy Jaipur based Vareyn Solar Pvt. Ltd., which has been innovating especially with its solar projects in the hospitality segment in the state and beyond, has now launched a consumer-lending fintech start-up in association with Credit Fair. This partnership is aimed at pushing the adoption of solar energy to a broader category of prospects, while harnessing […] Read more
A 100 kW Solar Installation In Bihar Can Save Rs 2.7cr: CEEW Report Updated On Wed, Nov 22nd, 2023 by Saurenergy The report by the Council on Energy, Environment and water (CEEW) titled, ‘Community Solar for Advancing Power Sector Reforms and the Net-Zero Goals’, highlights the usage of rooftop solar in eastern Indian states of Bihar and Meghalaya and its corresponding benefits in terms of savings. The study uses a framework to evaluate the impact of […] Read more
Tata Power Renewable Energy Ltd Exceeds 1.4 GW Group Captive Projects Updated On Tue, Nov 21st, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited, has crossed the 1.4 GW capacity of group captive projects in the last seven months. This achievement, the firm maintains, is the result of signing of Power Delivery Agreements (PDA) with various industries across segments. Some of the prominent group captive […] Read more
West Bengal Discoms Operate Without Any Clear Mandate On RPO Updated On Mon, Nov 20th, 2023 by Saurenergy Electricity distribution companies in West Bengal have been struggling on a different front when it comes to their handling of renewable energy portfolios. The state, which has merely 636 MW of total installed renewable power capacity (excluding hydro) till recently, was clueless about its Renewable Purchase Targets (RPOs). Legal complexities and litigations have kept the issue pending, […] Read more
Trina Solar Consolidates Australian Market Presence with 1 GW Solar MoU Updated On Fri, Nov 17th, 2023 by Saurenergy Solar panel manufacturer Trina Solar has joined hands by way of a Memorandum of Understanding (MoU) Solar Juice, an Australian solar distributor. The MoU will pave the way or Solar Juice to procure 1 GW of Trina Solar Vertex modules across a span of three years. The China-based firm will further cement its position in […] Read more
Solar Rental Marketplace OTOVO Raises €40mn Funding Updated On Wed, Nov 15th, 2023 by Saurenergy Norwegian solar startup Otovo has secured €40mn from its existing investors including Å Energy, Axel Johnson Group, and Nysnø, the Norwegian government’s Climate Investment Fund. The funding will help the firm expand its rent-to-buy online marketplace for solar panels, as it seeks to ride the strong residential solar market growth across the EU. This latest […] Read more