RE Leader Suzlon Energy Sells Solar Subsidiary Vayudoot Solarfarms Updated On Tue, Dec 6th, 2022 by Saurenergy Suzlon Energy, a manufacturer of wind turbines, approved the sale of its remaining 51.05% ownership interest in the subsidiary Vayudoot Solarfarms to Ahmedabad-based Aries Renewables, the firm reported in a National Stock Exchange filing. For a price of Rs 14.23 crore, Suzlon sold the remaining stake. The company’s net worth was Rs. 24.2 crore, and […] Read more
RECPDCL Floats Tender for Setting up 1.25 GW Solar Power Projects Updated On Tue, Dec 6th, 2022 by Saurenergy REC Limited’s subsidiary company, REC Power Development, and Consultancy (RECPDCL) has floated a tender for setting up 1250 MW (1.25 GW Solar Power) of interstate transmission system (ISTS)-connected through tariff-based competitive bidding (TBCB) process (Tranche-I) on building its own operate (b-O-O) basis. By combining thermal or hydroelectric with renewable energy and storage, the projects seek […] Read more
Dutch Ignore Warnings, Impose ‘Super Profits’ Ceiling On Solar Power Updated On Mon, Dec 5th, 2022 by Saurenergy India’s ‘windfall profits’ levy on oil refining firms has found an echo in Netherlands. Except that the Dutch have proposed a price ceiling on renewable energy producers to curb excess profits. The government of the Netherlands announced a €130/MWh (US$136) profit ceiling for solar and wind generation as part of the EU’s established ‘intramarginal levy’ […] Read more
Second Call For IMC’s 60 MW EPC Solar Project in Madhya Pradesh Updated On Mon, Dec 5th, 2022 by Saurenergy Indore Municipal Corp (IMC) has made a second attempt for its planned 60 MW engineering, procurement, and construction (EPC) solar power project at Samraj and Ashukhedi villages in Madhya Pradesh. Earlier, IMC invited the bids for the same tender in September, 2022. The municipality is also seeking to issue India’s first municipal green bonds to […] Read more
TCIL Invites Bids for Selecting Partner to Install 2 MW Floating Solar in Mauritius Updated On Mon, Dec 5th, 2022 by Saurenergy To find a partner for the design, provision, installation, testing, and commissioning of a 2 MW floating solar power plant at Tamarind Falls Reservoir in Mauritius, government-owned Telecommunications Consultants India Limited (TCIL) has released an expression of interest (EoI). The deadline for submitting proposals is December 21, 2022. On the same day, bids will be […] Read more
MSEDCL Discovers Price of Rs 2.90/kWh In 500 MW Solar Tender Updated On Mon, Dec 5th, 2022 by Saurenergy The Maharashtra State Electricity Distribution Company (MSEDCL) has discovered a best price of Rs 2.90/kWh for 100 MW out of the 500 MW it auctioned to secure 500 MW of long-term power from grid-connected intrastate solar projects. SolarArise was the lowest bidder, while state owned SJVN Green Energy, and Tata Power subsidiary Tata Power Renewable […] Read more
RECPDCL Floats Tender for 500 MW of ISTS-Connected Solar Projects Updated On Fri, Dec 2nd, 2022 by Saurenergy REC Limited’s subsidiary company, REC Power Development, and Consultancy (RECPDCL) has floated a tender for setting up 500 MW of interstate transmission system (ISTS)-connected solar power projects across the country. By combining thermal or hydroelectric with renewable energy and storage, the projects seek to maintain flexibility in their generation and scheduling. The last date for […] Read more
Swedish Solar Cell Maker Midsummer Signs LOIs to Deliver 224 MW Solar Panels Updated On Fri, Dec 2nd, 2022 by Saurenergy Swedish manufacturer of thin film CIGS (copper indium gallium selenide)solar cells, Midsummer has announced the signing of letters of intent (LOI) with six Swedish and foreign business partners for a total of 107 MW of solar panels. With the release of 224 MW of solar cells and previously announced agreements with roof and building businesses […] Read more
Solar Establishes Itself in 2022 in India With Growth, Highest Generation Share Among Renewables Updated On Fri, Dec 2nd, 2022 by Saurenergy The share of solar power is finally making a significant impact on total generation numbers, as October data from the Central Electricity Authority indicates. From a total installed capacity share of over 15% (61+ GW out of 408 GW of total installed capacity in India), in October, solar’s share in actual generation numbers also hit […] Read more
