Punjab State Power Corporation Limited Calls Developers for 100 MW Solar Project Updated On Mon, Dec 18th, 2023 by Saurenergy Punjab State Power Corporation Limited (PSPCL) has released a tender and invited bids for the development of 100 MW solar power projects as well as associated transmission system. The project will be established in Bathinda, Punjab. The last date to submit the bid is December 18, 2024. The earnest money deposit to be submitted by […] Read more
CERC Allows Compensation To RE Firm For Higher Duties On Solar Cells Updated On Mon, Dec 18th, 2023 by Saurenergy In its latest judgment, the Central Electricity Regulatory Commission (CERC) allowed compensation to a renewable energy company against the imposition of increased import duties on solar cells. The case was related to a Rajasthan-based solar project. On July 30, 2018, the Indian government imposed higher duties against the import of solar cells into India. On […] Read more
Tata Power Solar Systems in Contract with NTPC for 152 MWp Domestic Content Requirement PV Modules Updated On Mon, Dec 18th, 2023 by Saurenergy Tata Power Solar Systems Limited (TPSSL), a wholly owned subsidiary of Tata Power Renewable Energy Limited (TPREL) has signed a contract to supply 152 MWp DCR (Domestic Content Requirement) solar PV modules for NTPC Limited (NTPC’s) Nokh Solar PV Project in Rajasthan. The project holds a significant order value of approximately INR 418 crore. NTPC […] Read more
Lucky Cement Gets Pakistan’s First n-Type Solar Plant Updated On Mon, Dec 18th, 2023 by Saurenergy Pakistan’s largest cement manufacturer, Lucky Cement has taken strides towards a more sustainable business impact with a 26 MW solar plant on its land in Pakistan. The project, executed by JA Solar and Orient Energy Systems is Pakistan’s first n-type photovoltaic (PV) power plant project. Since its commissioning in September 2023, the plant has met key […] Read more
RUVNL Initiates Proposal to Eliminate Restrictions of Structured RE Projects with ESS Updated On Fri, Dec 15th, 2023 by Saurenergy In a petition filed by the Rajasthan Urja Vikas Nigam Limited (RUVNL), it seeks approval for the selection of developers and procurement of bidding documents for an Inter-State Transmission System (ISTS) connected energy storage solution with a capacity of 1000 MW/6000 MWh. The proposal aspires to meet the requirements of Jaipur Vidyut Vitran Nigam Limited, […] Read more
Suzlon Armed with 100.8 MW Wind Power Project in Gujarat Updated On Fri, Dec 15th, 2023 by Saurenergy Renewable energy solutions provider, Suzlon Group, has announced a new order win for the development of a 100.8 MW wind power project for a global utility firm. Suzlon will install 32 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3.15 MW each. The project is located in […] Read more
Sterling & Wilson Renewable Energy Raises INR 1,500 Cr via QIP Route Updated On Fri, Dec 15th, 2023 by Saurenergy Sterling & Wilson Renewable Energy Limited (SWRE) has announced the completion of a fundraise of INR 1,500 crore through Qualified Institutions Placement (QIP) route. The Securities Issuance Committee of Board of Directors, at its meeting held on December 14, 2023, approved the issue and allotment of 4,32,27,665 equity shares of face value Re. 1 each […] Read more
Navalt Releases Solar-Electric Boat Barracuda at Mazagon Dock Updated On Fri, Dec 15th, 2023 by Saurenergy Navalt, an eco-marine tech firm that specializes in the manufacturing of solar electric vessels, has released its solar-electric boat, the Barracuda at Mazagon Dock in Maharashtra. This is said to be one of the fastest solar-electric boats in India. The solar electric boat works on optional plug and charge, operated on a solar capacity of […] Read more
Bangalore EV Startup Exponent Energy Rakes Up $26.4 Mn in Series B Round Updated On Fri, Dec 15th, 2023 by Saurenergy A Bangalore-based startup that delves in rapid charging of electric vehicles, Exponent Energy, has pocketed $26.4 million in a Series B round that was led by Eight Roads Ventures. It also entailed a strategic investment from TDK Ventures. Other participants in the Series B round included existing investors such as Lightspeed, YourNest VC, 3one4 Capital, […] Read more
