MoP Advises REIAs To Co-Locate ESS With Solar Plants In Upcoming Tenders Updated On Wed, Feb 19th, 2025 by Saurenergy The Ministry of Power (MoP) has released an advisory on the co-location of energy storage systems (ESS) with solar plants. Its latest advisory aims to incorporate a minimum of a 2-hour co-located Energy Storage System (ESS) equivalent to 10% of installed solar capacity in future tenders. The notification stated, “This requirement will help mitigate intermittency […] Read more
Credit Fair Secures $5 Mn From Symbiotics Investments For Solar Financing Updated On Tue, Feb 18th, 2025 by Saurenergy Credit Fair, a non-banking financial company (NBFC) with its presence in the solar and MSME segments, has raised $5 million in debt from the $75-million Green Basket Bond issued by Symbiotics Investments. The bond, which is the second of its kind, was issued by Symbiotics Investments and subscribed to by British International Investment (BII), the […] Read more
Maharashtra: Alpex Solar Wins Rs 45 Crore Order from MSEDCL Updated On Tue, Feb 18th, 2025 by Saurenergy Alpex Solar today announced that it has secured a significant order from Maharashtra State Electricity Distribution Co. Ltd (MSEDCL). Valued at Rs 45 crore, the order is part of the Magel Tyala Saur Krushi Pump scheme, a key initiative aimed at enhancing agricultural productivity by providing farmers with access to sustainable solar-powered water pumps. As […] Read more
Transition VC Invests $1.7M In Dynolt For Clean Energy Solutions Updated On Tue, Feb 18th, 2025 by Saurenergy Dynolt Technologies, a deep-tech power electronics startup, has secured $1.7 million in a seed funding round led by Transition VC. The round also saw participation from angel investor, Yashovardhan Shah. Founded in 2022 and headquartered in Bengaluru, Dynolt develops power electronics solutions for clean energy sectors such as e-mobility, energy storage, renewables, and hydrogen. Backed […] Read more
“WAACAB Focused On Large Solar Installations”-Satyam Khamar Updated On Tue, Feb 18th, 2025 by Saurenergy India’s solar boom has opened up a world of opportunities for many firms. WAA Cables is one which has grabbed the opportunity opened up by the rising demand for specialised cables and more for the growing solar footprint across the country. Along with that has come the EV rush, now picking pace, where the firm […] Read more
PM KUSUM-C: Madhya Pradesh issues Tender for 1.5 GW Solar PV Updated On Tue, Feb 18th, 2025 by Saurenergy Madhya Pradesh Urja Vikas Nigam Limited (MPUVN) has invited bids to select Renewable Power Generators (RPGs) for developing 1.5 GW of grid-connected solar PV systems. The energy generated from these projects will be sold to MPPMCL under the feeder solarization component of PM-KUSUM-C at various locations in Madhya Pradesh. The deadline for online bid submission […] Read more
NHPC Call For Bids For 1.2 GW Solar Park Project At UP Updated On Mon, Feb 17th, 2025 by Saurenergy NHPC on behalf of Bundelkhand Saur Urja Limited (A Joint Venture of NHPC Ltd. and Uttar Pradesh New and Renewable Energy Development Agency i.e. UPNEDA) issued a tender, to build a solar park project. It includes the construction of security buildings and civil Works of a solar power park to develop a 1.2 GW Solar […] Read more
MNRE Proposes Separate ALMM For Off-Grid Solar Solutions Updated On Mon, Feb 17th, 2025 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has proposed a new Approved List of Models and Manufacturers (ALMM) specifically for off-grid solar solutions. As part of this initiative, the ministry plans to lower the threshold efficiency limits for solar modules under ALMM for these applications. It has invited stakeholders to submit their suggestions by […] Read more
Waiver of ISTS Charges-Will Power Ministry Oblige RE Developers? Updated On Mon, Feb 17th, 2025 by Saurenergy Inter State Transmission Charges or ISTS charges are a key component of power bills across India. Thus, their waiver for renewable energy producers has been a major support on which the energy has grown, by helping keep costs lower than they would otherwise have been. Of course, most states have sought to extract their own […] Read more