Prozeal, Kintech & SAEL Secure GUVNL’s 500 MW Solar Auction Updated On Thu, Dec 19th, 2024 by Saurenergy GUVNL recently announced seven winners of its 500 MW grid-connected solar power projects with an additional 500 MW greenshoe option. Under its Phase XXV auction, it allocated bids to S.B.B. Mouldings, Kintech Synergy, Enertech Fuel Solutions, Prozeal Green Energy, Ausom Enterprise, Drashta Green Power, and SAEL Industries. The tender for this project was released in […] Read more
High Solar Cell Price Can Push Up Tariffs For Developers: CRISIL Updated On Wed, Dec 18th, 2024 by Saurenergy The government’s move to extend the Approved Lists of Models and Manufacturers (ALMM) to solar cells from June 1, 2026, envisions accelerating solar cell manufacturing in India. An analysis by CRISIL Market Intelligence & Analytics estimates domestic capacity can make solar cells more than quadruple to 43-47 GW by June 2026 from 10 GW in […] Read more
Refex, LC Infra Collaborate For 150 MW MAHAGENCO Solar Project Updated On Wed, Dec 18th, 2024 by Saurenergy Tamil Nadu-based Refex Renewables & Infrastructure Limited recently incorporated LC Infra Solar LLP as its new step-down subsidiary. The new entity is designed to build a 150 MW solar power project. Maharashtra State Power Generation Co. Ltd. (MAHAGENCO) awarded this project to Refex. To develop this project, the company established the subsidiary through an initiative […] Read more
Coal India Issues EPC Tender For 1 GW Solar Project in Rajasthan Updated On Wed, Dec 18th, 2024 by Saurenergy Coal India Limited (CIL) has now issued an EPC tender to develop a 1 GW (AC) solar project in the Bikaner district of Rajasthan. This project is planned to be set up in the Pugal tehsil of Bikaner. It will be developed either by Coal India or through its proposed Joint Venture with Rajasthan Rajya […] Read more
NHPC Floats 1.2 GW Wind-Solar Hybrid Tender With Greenshoe Option Updated On Wed, Dec 18th, 2024 by Saurenergy In a bid to procure hybrid power, NHPC recently floated a tender to supply 1,200 MW of power from wind-solar hybrid power projects, with a greenshoe option, The tender also said these projects could be established with or without Energy Storage Systems (ESS) anywhere in India. NHPC set 16th January 2025 as the last date […] Read more
Punjab: Gensol Secures 22 MW Solar Project From A Steel Firm Updated On Wed, Dec 18th, 2024 by Saurenergy Indian renewable energy company Gensol Engineering Limited today announced securing the first large turnkey solar project from a steel product company in Punjab. The project involves the development of a 22 MW ground-mounted solar PV power plant, with a total contract value of INR 88 Crore is set to be executed over a 6-month period. […] Read more
Solar Power Europe Terms 2024 A ‘Warning’ As Solar Growth Slumps To 4% Updated On Wed, Dec 18th, 2024 by Saurenergy After years of stellar growth, the EU solar sector has been hit by a significant deployment slowdown – tumbling from 53% growth in 2023 to 4% in 2024, amounting to a 92% slowdown in solar growth over the last year. With 65.5 GW of new solar in 2024, the sector just inched past its 2023 […] Read more
Inox Wind Wins 60 MW Order From Serentica For Karnataka Project Updated On Wed, Dec 18th, 2024 by Saurenergy Inox Wind Limited (IWL), a wind energy solutions provider, today announced bagging a 60 MW order from Serentica Renewables (Serentica), a commercial and Industrial (C&I) focused renewable energy company in India. This order is to supply 3 MW class turbines and will be delivered within H1 CY25. Additionally, IWL will provide multi-year post-commissioning Operations and […] Read more
IMFA Invests Rs 83.26 Crores In JSW Energy Hybrid Project Updated On Wed, Dec 18th, 2024 by Saurenergy The Odisha-based Indian Metals & Ferro Alloys (IMFA), has entered into a joint venture with JSW Green Energy. Under the collaboration, the ferrochrome integrated producer would source renewable energy for its smelting operations. IMFA signed a binding term sheet with JSW Green Energy One and JSW Green Energy Seven and will invest Rs 83.26 crores […] Read more
