Navitas Solar Eyes Expansion Through Partnership with Redington Solar Updated On Sat, May 20th, 2023 by Saurenergy Navitas Solar, a module manufacturing firm with a capacity of 500 MW p.a., has partnered with Redington Limited (NSE: REDINGTON), a technology solutions provider, for the distribution of solar products across India. The partnership between the two firms will help accelerate the adoption of solar power by businesses and retail segments across the country. Navitas […] Read more
J&K Offers Mega Subsidies On Solar Panels, Solar Pumps Updated On Fri, May 19th, 2023 by Saurenergy Jammu and Kashmir Chief Secretary Arun Kumar Mehta, in his latest announcement, said that the power consumers wishing to install rooftop solar in the state would get a 65 percent subsidy from the government. In comparison, those opting for solar-powered pumps would get up to 80 percent subsidy. With the latest move, the deployment of […] Read more
Northland Power Secures Financial Close for 250 MW Oneida Energy Storage Project Updated On Fri, May 19th, 2023 by Saurenergy It looks like the energy storage infrastructure is burgeoning in Canada with many announcements being made this week. In the fresh case, Toronto-headquartered Northland Power has announced that its 250 MW Oneida Energy Storage Project in Southern Ontario has reached financial close. It has secured all the necessary financing. The total cost for the project […] Read more
MCD Plans Rooftop Solar at Public Spaces in Delhi Including EV Charging Stations Updated On Fri, May 19th, 2023 by Saurenergy The Municipal Corporation of Delhi (MCD) has inked a Memorandum of Understanding (MoU) with the Solar Energy Corporation of India (SECI) and NTPC (National Thermal Power Corporation to set up solar power panels on all buildings of MCD that are suitable for the purpose. The local body has already added more than 11 MW of […] Read more
CERC Orders Compensation To Hero Solar SPV Over Surge In GST Rates Updated On Thu, May 18th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest judgment, ordered giving financial compensation to Clean Solar Power (Jodhpur) Private Limited on account of the escalation of Goods and Services Tax (GST) rates from five percent to 12 percent in 2021. Clean Solar Power is a Special Purpose Vehicle (SPV) of Hero Solar Energy. The solar […] Read more
Boralex To Deliver 380 MW Energy Storage To Canadian Operator Updated On Thu, May 18th, 2023 by Saurenergy Boralex has its two storage projects, totaling 380 MW of nameplate capacity, selected by the Ontario Independent Electricity System Operator (IESO) as part of its Expedited Long-Term Request for Proposals. Boralex and its partners are currently finalizing the terms of the contract with the IESO. Boralex is the leading awardee as its two projects represent […] Read more
A Lack of Awareness Among Key Stakeholders About Benefits Of Solar Insurance- Sudhish Ramteke, Anand Rathi Updated On Wed, May 17th, 2023 by Saurenergy As solar has achieved scale and a future of strong growth, insurance firms have also done well to catch up and offer products for the sector. Besides the obvious role of de-risking projects for developers, insurance firms also play a key role in wider understanding and acceptance of the risks involved for other key stakeholders, […] Read more
JREDA Issues Tender for Agency Engagement for 600 MW Floating Solar Project Updated On Tue, May 16th, 2023 by Saurenergy Jharkhand Renewable Energy Development Authority (JREDA) has issued a tender for the engagement of agency for conducting and submission of bathymetry survey report and soil test report for the development of floating solar power project of 600 MW capacity at Chandil Dam, Saraikela-Kharsawan, Jharkhand. The last date for the submission of bids is May 22, […] Read more
NTPC Eyes 130 MW Floating Solar in Tripura Updated On Tue, May 16th, 2023 by Saurenergy National Thermal Power Corporation (NTPC) said that it will be conducting a feasibility study for a 130 MW floating solar power plant on Dumbur Lake that falls in Gomati district of Tripura. In the current case, Tripura Renewable Energy Development Agency (TREDA) has inked an MoU with NTPC for the feasibility study. As part of […] Read more
