Deepak Pandey Led Solar Startup GP Eco Solutions Seeks NSE Emerge Listing Updated On Fri, May 17th, 2024 by Saurenergy Noida-based GP Eco Solutions India Limited (GPES) has confirmed its plans to go ahead with an IPO on NSE Emerge soon, after first announcing it back in March this year. “GP Eco Solar intends to raise capital between Rs. 30 Crore and Rs. 35 Crore, subject to approval. The IPO funds will fuel our growth, […] Read more
SJVN Invites Bids For 376 MWp GUVNL Solar Project Updated On Fri, May 17th, 2024 by Saurenergy Indian PSU, SJVN Green Energy Limited (a wholly owned subsidiary of SJVN Limited) invited online bids from eligible bidders to manufacture and supply solar PV modules of 376.60MWp capacity for the Gujarat Urja Vikas Nigam Ltd. (GUVNL) Phase-XIV solar power project. The SJVN project includes (i.e. Stage-1: Techno-commercial Bid & Stage-2: Price Bid) with Reverse […] Read more
India’s Annual RE Capacity To Remain At 15-18GW Over FY25-FY26: Report Updated On Thu, May 16th, 2024 by Saurenergy India Ratings and Research (Ind-Ra) expects the annual renewable capacity addition to maintain pace and remain at 15-18GW over FY25-FY26, owing to a significant reduction in equipment prices, continued policy support, availability of liquidity and investment plans of some of the large corporate players in the renewable sector for growth. However, the execution timelines of […] Read more
News Brief May 15 – China-Serbia Deal, JinkoSolar, Finnish Wind Farm Updated On Wed, May 15th, 2024 by Saurenergy China’s Hunan Rich Inks Deal With Serbia for 1GW PV module factory in Serbia The Serbian government has signed an MoU with Chinese firm Hunan Rich Photovoltaic Science and Technology to build a 1GW solar module production facility in Serbia. Serbian minister of mining and energy, Dubravka Đedović Handanović, signed the deal last week, which […] Read more
With The Rise Of RE, India’s New Coal Capacity Sees Record Drop: Report Updated On Wed, May 15th, 2024 by Saurenergy A latest report by the Institute for Energy Economics and Financial Analysis (IEEFA) said that renewable energy accounted for 71.5% of the record 13,669 megawatts (MW) power generation capacity added by India in the first quarter (Jan-Mar) of this year (2024), while coal’s share (including lignite) of total power capacity dropped below 50% for the first […] Read more
US Slaps 50% tariffs On Chinese Solar Cells Updated On Wed, May 15th, 2024 by Saurenergy In its continuing efforts to build, and protect existing US solar manufacturers from Chinese imports, US President Joe Biden has announced a series of tariffs directed towards Chinese goods, including solar cells. Under Section 301 of the Trade Act of 1974, solar cells – whether assembled or not into modules – tariffs will increase from […] Read more
SGEL Invites Bids For 200 MW Solar Project On 800 Acres Land In Assam Updated On Tue, May 14th, 2024 by Saurenergy SJVN released a tender for purchase or lease of Land up to 800 acres for 28 Years, with all requisite statutory clearances for setting up solar power project(s) up to 200 MW capacity in the State of Assam. The project was located at Shanan, Shimla. The tender document was released on 18th April 2024 The […] Read more
Amplus Commissions 73.4 MWp Open Access Solar Plant In Jhansi Updated On Tue, May 14th, 2024 by Saurenergy Amplus, has announced the successful commissioning of its 73.4 MWp Project Lakshmi, an intra-state open-access solar plant in Jhansi, Uttar Pradesh. Project Lakshmi marks Amplus’s third solar open-access plant in Uttar Pradesh, following the success of Project Mirza and Project Deoria. This latest milestone elevates Amplus’s operational open-access capacity in Uttar Pradesh to over 200 […] Read more
EU To Withdraw From Probe Into Chinese Solar Park Construction Updated On Tue, May 14th, 2024 by Saurenergy Earlier this year, the United States (US) and European Union (EU) Commission announced launching an inquiry into Chinese suppliers of wind turbines under the new Foreign Subsidies Regulation. This announcement came as Chinese wind turbine manufacturers pushed hard and won some orders in Europe. The Chinese suppliers offered cheap turbines and generous finance which distorts […] Read more
